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          <ccc>XXXXXXXX</ccc>
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      <regFileNumber>811-03364</regFileNumber>
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      <regStreet1>8515 E Orchard Road</regStreet1>
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      <regZipOrPostalCode>80111</regZipOrPostalCode>
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      <seriesName>Empower Short Duration Bond Fund</seriesName>
      <seriesId>S000023739</seriesId>
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      <repPdEnd>2026-12-31</repPdEnd>
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      <isFinalFiling>N</isFinalFiling>
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        <units>NC</units>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF AMERICA</name>
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      <invstOrSec>
        <name>A&amp;D MORTGAGE TRUST 2023-NQM2</name>
        <lei>N/A</lei>
        <title>ADMT 2023-NQM4 A1</title>
        <cusip>00002MAA7</cusip>
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          <isin value="US00002MAA71"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>COREBRIDGE GLOBAL FUNDING</name>
        <lei>54930057MDZ7KOVOTV71</lei>
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        <cusip>00138CBN7</cusip>
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          <ticker value="CRBG"/>
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        <balance>155000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>154735.91</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>AS MILEAGE PLAN IP LTD</name>
        <lei>N/A</lei>
        <title>ALK 5.021 10/20/29 144A</title>
        <cusip>00218QAA8</cusip>
        <identifiers>
          <isin value="US00218QAA85"/>
          <ticker value="ALK"/>
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        <balance>1029000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1019852.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.021000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABBVIE INC</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBV 4.125 03/15/31</title>
        <cusip>00287YEE5</cusip>
        <identifiers>
          <isin value="US00287YEE59"/>
          <ticker value="ABBV"/>
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        <balance>950000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>929599.56</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>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
        <lei>N/A</lei>
        <title>AER 2.45 10/29/26</title>
        <cusip>00774MAV7</cusip>
        <identifiers>
          <isin value="US00774MAV72"/>
          <ticker value="AER"/>
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        <balance>3082000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3063168.5</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.450000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>Agree LP</name>
        <lei>549300DXY3G299V1BO77</lei>
        <title>Agree LP 0% CP 01/07/2026</title>
        <cusip>00852XG18</cusip>
        <identifiers>
          <isin value="US00852XG185"/>
          <ticker value="ADC"/>
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        <balance>3390000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3390000</valUSD>
        <pctVal>0.5589524919</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>ALABAMA ECONOMIC SETTLEMENT AUTHORITY (AL)</name>
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        <title>AL ABMGEN 4.26 09/15/2032</title>
        <cusip>01026CAD3</cusip>
        <identifiers>
          <isin value="US01026CAD39"/>
          <ticker value="ABMGEN"/>
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        <balance>875000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>863616.75</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.263000000000</annualizedRt>
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      <invstOrSec>
        <name>ALEXANDER FUNDING TRUST II</name>
        <lei>N/A</lei>
        <title>NRG 7.467 07/31/28</title>
        <cusip>014916AA8</cusip>
        <identifiers>
          <isin value="US014916AA85"/>
          <ticker value="NRG"/>
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        <balance>730000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>762002.31</valUSD>
        <pctVal>0.1256410295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.467000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>Alimentation Couche-Tard Inc.</name>
        <lei>549300OSW32RVX8CCZ87</lei>
        <title>Alimentation Couche-Tard Inc. 0% CP 17/07/2026</title>
        <cusip>01626VGH0</cusip>
        <identifiers>
          <isin value="US01626VGH06"/>
          <ticker value="ATDBCN"/>
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        <balance>1555000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1552226.75</valUSD>
        <pctVal>0.2559354011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-17</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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      <invstOrSec>
        <name>AMAZON.COM INC</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMZN 4.25 03/13/31</title>
        <cusip>023135DD5</cusip>
        <identifiers>
          <isin value="US023135DD51"/>
          <ticker value="AMZN"/>
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        <balance>525000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>516943.72</valUSD>
        <pctVal>0.0852350975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN EXPRESS COMPANY</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>AXP V5.389 07/28/27</title>
        <cusip>025816DG1</cusip>
        <identifiers>
          <isin value="US025816DG18"/>
          <ticker value="AXP"/>
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        <balance>824000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>824532.25</valUSD>
        <pctVal>0.1359511374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.389000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN EXPRESS COMPANY</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>AXP V4.731 04/25/29</title>
        <cusip>025816ED7</cusip>
        <identifiers>
          <isin value="US025816ED77"/>
          <ticker value="AXP"/>
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        <balance>306000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>306788.09</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>2029-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.731000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN TOWER CORP</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMT 2.75 01/15/27</title>
        <cusip>03027XAX8</cusip>
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          <isin value="US03027XAX84"/>
          <ticker value="AMT"/>
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        <balance>1800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1783034.25</valUSD>
        <pctVal>0.2939915744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN TOWER CORP</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>AMT 4.9 03/15/30</title>
        <cusip>03027XCN8</cusip>
        <identifiers>
          <isin value="US03027XCN84"/>
          <ticker value="AMT"/>
        </identifiers>
        <balance>220000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>221020.02</valUSD>
        <pctVal>0.0364423867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.900000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AMGEN INC</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>AMGN 5.25 03/02/30</title>
        <cusip>031162DQ0</cusip>
        <identifiers>
          <isin value="US031162DQ06"/>
          <ticker value="AMGN"/>
        </identifiers>
        <balance>655000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>667369</valUSD>
        <pctVal>0.1100376300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</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>AMPHENOL CORP</name>
        <lei>549300D3L3G0R4U4VT04</lei>
        <title>APH 3.9 11/15/28</title>
        <cusip>032095AX9</cusip>
        <identifiers>
          <isin value="US032095AX91"/>
          <ticker value="APH"/>
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        <balance>370000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>365534.94</valUSD>
        <pctVal>0.0602704028</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000</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>ANCHOR MORTGAGE TRUST 2025-RTL1</name>
        <lei>254900S7O2LYCU17JI96</lei>
        <title>ANCHR 2025-RTL1 A1</title>
        <cusip>03290CAA4</cusip>
        <identifiers>
          <isin value="US03290CAA45"/>
          <ticker value="ANCHR"/>
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        <balance>712000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>710360.19</valUSD>
        <pctVal>0.1171261352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.718000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>ANGEL OAK MORTGAGE TRUST 2024-9</name>
        <lei>254900O3R79X1AD55F36</lei>
        <title>AOMT 2024-9 A1</title>
        <cusip>03466JAA7</cusip>
        <identifiers>
          <isin value="US03466JAA79"/>
          <ticker value="AOMT"/>
        </identifiers>
        <balance>207486.31</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>206739.31</valUSD>
        <pctVal>0.0340877441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.138000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>APTARGROUP INC</name>
        <lei>VNPEQDQFAA7IY1T2PX43</lei>
        <title>ATR 4.75 03/30/31</title>
        <cusip>038336AB9</cusip>
        <identifiers>
          <isin value="US038336AB93"/>
          <ticker value="ATR"/>
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        <balance>920000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>911246.13</valUSD>
        <pctVal>0.1502487596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-30</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>
      <invstOrSec>
        <name>ARES CAPITAL CORP</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
        <title>ARCC 2.15 07/15/26</title>
        <cusip>04010LBA0</cusip>
        <identifiers>
          <isin value="US04010LBA08"/>
          <ticker value="ARCC"/>
        </identifiers>
        <balance>1186000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1184793.25</valUSD>
        <pctVal>0.1953519585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.150000000000</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>ATHENE GLOBAL FUNDING</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>ATH 1.73 10/02/26 144A</title>
        <cusip>04685A3D1</cusip>
        <identifiers>
          <isin value="US04685A3D15"/>
          <ticker value="ATH"/>
        </identifiers>
        <balance>1940000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1925940.13</valUSD>
        <pctVal>0.3175542876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.730000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="19945.780000000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>ATHENE GLOBAL FUNDING</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>ATH 5.526 07/11/31 144A</title>
        <cusip>04685A3Z2</cusip>
        <identifiers>
          <isin value="US04685A3Z27"/>
          <ticker value="ATH"/>
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        <balance>1350000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1361465.44</valUSD>
        <pctVal>0.2244821535</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.526000000000</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>AutoNation, Inc.</name>
        <lei>N/A</lei>
        <title>AutoNation, Inc. 0% CP 01/07/2026</title>
        <cusip>05330NG11</cusip>
        <identifiers>
          <isin value="US05330NG113"/>
          <ticker value="AN"/>
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        <balance>4825000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4825000</valUSD>
        <pctVal>0.7955592251</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>AvalonBay Communities, Inc.</name>
        <lei>K9G90K85RBWD2LAGQX17</lei>
        <title>AvalonBay Communities, Inc. 0% CP 09/07/2026</title>
        <cusip>05348BG90</cusip>
        <identifiers>
          <isin value="US05348BG904"/>
          <ticker value="AVB"/>
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        <balance>3440000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3436963.25</valUSD>
        <pctVal>0.5666959212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-09</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>AVIATION CAPITAL GROUP LLC</name>
        <lei>549300ODEK8HY3445C77</lei>
        <title>ACGCAP 5.375 07/15/29 144A</title>
        <cusip>05369AAQ4</cusip>
        <identifiers>
          <isin value="US05369AAQ40"/>
          <ticker value="ACGCAP"/>
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        <balance>494000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>499754.16</valUSD>
        <pctVal>0.0824008357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.375000000000</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>B.A.T CAPITAL CORP</name>
        <lei>2138005GYEXN7XRHFA84</lei>
        <title>BATSLN 6.343 08/02/30</title>
        <cusip>054989AA6</cusip>
        <identifiers>
          <isin value="US054989AA67"/>
          <ticker value="BATSLN"/>
        </identifiers>
        <balance>480000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>507404.97</valUSD>
        <pctVal>0.0836623222</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.343000000000</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>BAE SYSTEMS PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>BALN 5 03/26/27 144A</title>
        <cusip>05523RAH0</cusip>
        <identifiers>
          <isin value="US05523RAH03"/>
          <ticker value="BALN"/>
        </identifiers>
        <balance>819000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>822128.31</valUSD>
        <pctVal>0.1355547692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-26</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>B.A.T CAPITAL CORP</name>
        <lei>2138005GYEXN7XRHFA84</lei>
        <title>BATSLN 4.906 04/02/30</title>
        <cusip>05526DBN4</cusip>
        <identifiers>
          <isin value="US05526DBN49"/>
          <ticker value="BATSLN"/>
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        <balance>5175000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5200553.11</valUSD>
        <pctVal>0.8574814513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.906000000000</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>BBCMS MORTGAGE TRUST 2019-C3</name>
        <lei>N/A</lei>
        <title>BBCMS 2019-C3 A2</title>
        <cusip>05550MAR5</cusip>
        <identifiers>
          <isin value="US05550MAR51"/>
          <ticker value="BBCMS"/>
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        <balance>296013.44</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>290386.13</valUSD>
        <pctVal>0.0478796611</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.438000000000</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>BMO 2024-5C6 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMO 2024-5C6 XA</title>
        <cusip>05593QAD6</cusip>
        <identifiers>
          <isin value="US05593QAD60"/>
          <ticker value="BMO"/>
        </identifiers>
        <balance>9086627</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>326721.47</valUSD>
        <pctVal>0.0538707315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-09-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.352606000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>BAIN CAPITAL CREDIT CLO 2020-3 LTD</name>
        <lei>2549002RK7W6TK0Q0E16</lei>
        <title>BCC 2020-3A A1R3</title>
        <cusip>05684CBG9</cusip>
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        <balance>2000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANCO BILBAO VIZCAYA ARGENTARIA SA</name>
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        <cusip>05946KAQ4</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-23</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF NEW YORK MELLON (THE)</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>BANK5 2024-5YR10</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BATTALION CLO X LTD</name>
        <lei>549300RRK5G3IT4Y7N27</lei>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAYER CORP</name>
        <lei>54930050NR9YMICYZM28</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BENCHMARK 2019-B15 MORTGAGE TRUST</name>
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        <name>BENCHMARK 2019-B13 MORTGAGE TRUST</name>
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        <name>BERRY GLOBAL INC</name>
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        <title>AMCR 5.5 04/15/28</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BIKE 2026-BAND PASS-THROUGH TRUST</name>
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        <name>BIOGEN INC</name>
        <lei>W8J5WZB5IY3K0NDQT671</lei>
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        <name>BLACKSTONE PRIVATE CREDIT FUND</name>
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          <couponKind>Fixed</couponKind>
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        <name>BOEING COMPANY (THE)</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BA 2.95 02/01/30</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOSTON SCIENTIFIC CORP</name>
        <lei>Y6ZDD9FP4P8JSSJMW954</lei>
        <title>BOSTON SCIENTIFIC CORP 0% CP 23/07/2026</title>
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          <ticker value="BSX"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BRAVO RESIDENTIAL FUNDING TRUST 2023-NQM8</name>
        <lei>N/A</lei>
        <title>BRAVO 2023-NQM8 A1</title>
        <cusip>10567MAA3</cusip>
        <identifiers>
          <isin value="US10567MAA36"/>
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        <balance>213643.42</balance>
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        <curCd>USD</curCd>
        <valUSD>213840.05</valUSD>
        <pctVal>0.0352585336</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.394000000000</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>BRAVO RESIDENTIAL FUNDING TRUST 2022-NQM3</name>
        <lei>N/A</lei>
        <title>BRAVO 2024-NQM2 A1</title>
        <cusip>10569KAA5</cusip>
        <identifiers>
          <isin value="US10569KAA51"/>
          <ticker value="BRAVO"/>
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        <balance>75419.27</balance>
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        <curCd>USD</curCd>
        <valUSD>75636.54</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRAVO RESIDENTIAL FUNDING TRUST 2025-NQM5</name>
        <lei>254900HGOJX787MBR512</lei>
        <title>BRAVO 2025-NQM5 A2</title>
        <cusip>10569RAD4</cusip>
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          <ticker value="BRAVO"/>
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        <curCd>USD</curCd>
        <valUSD>479693.47</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.699000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>BROADCOM INC</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>AVGO 4.2 10/15/30</title>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>774404.31</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>BROWN &amp; BROWN INC</name>
        <lei>549300PC8KTJ71XKFY89</lei>
        <title>BRO 4.7 06/23/28</title>
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          <ticker value="BRO"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2438834.81</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.700000000000</annualizedRt>
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      <invstOrSec>
        <name>BUNGE LTD FINANCE CORP</name>
        <lei>549300QHC068L40NNM71</lei>
        <title>BG 3.2 04/21/31</title>
        <cusip>120568BN9</cusip>
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          <ticker value="BG"/>
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        <curCd>USD</curCd>
        <valUSD>151149.5</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000</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>CAFL 2025-RRTL1 ISSUER LP</name>
        <lei>N/A</lei>
        <title>CAFL 2025-RRTL1 A1</title>
        <cusip>124760AA7</cusip>
        <identifiers>
          <isin value="US124760AA71"/>
          <ticker value="CAFL"/>
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        <balance>216000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>216469.02</valUSD>
        <pctVal>0.0356920054</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-28</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CCG RECEIVABLES TRUST 2023-1</name>
        <lei>N/A</lei>
        <title>CCG 2023-1 A2</title>
        <cusip>12512XAB9</cusip>
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          <isin value="US12512XAB91"/>
          <ticker value="CCG"/>
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        <balance>15455.04</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15469.03</valUSD>
        <pctVal>0.0025505761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COMM 2014-UBS5 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2014-UBS5 AM</title>
        <cusip>12592KBE3</cusip>
        <identifiers>
          <isin value="US12592KBE38"/>
          <ticker value="COMM"/>
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        <balance>301546.13</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>296866.13</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>2047-09-12</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CSAIL 2019-C18 COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CSAIL 2019-C18 A2</title>
        <cusip>12597DAB1</cusip>
        <identifiers>
          <isin value="US12597DAB10"/>
          <ticker value="CSAIL"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>594329.5</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.844900000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CVS HEALTH CORP</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS 5.4 06/01/29</title>
        <cusip>126650EB2</cusip>
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          <isin value="US126650EB25"/>
          <ticker value="CVS"/>
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        <balance>2974000</balance>
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        <curCd>USD</curCd>
        <valUSD>3038723.44</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.400000000000</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>
        <name>Cabot Corporation</name>
        <lei>K05C0SER542GQ6VLRO68</lei>
        <title>Cabot Corporation 0% CP 01/07/2026</title>
        <cusip>12705XG12</cusip>
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          <ticker value="CBT"/>
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        <balance>1230000</balance>
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        <curCd>USD</curCd>
        <valUSD>1230000</valUSD>
        <pctVal>0.2028057714</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CAIXABANK SA</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>CABKSM V5.673 03/15/30 144A</title>
        <cusip>12803RAG9</cusip>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CAIXABANK SA</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
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        <cusip>12803RAK0</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CAPITAL ONE FINANCIAL CORP</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>COF V4.493 09/11/31</title>
        <cusip>14040HDM4</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <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>CAPITAL ONE FINANCIAL CORP</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>COF V4.722 01/30/32</title>
        <cusip>14040HDP7</cusip>
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          <ticker value="COF"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.722000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CARMAX AUTO OWNER TRUST 2025-2</name>
        <lei>N/A</lei>
        <title>CARMX 2025-2 A2A</title>
        <cusip>14320AAB7</cusip>
        <identifiers>
          <isin value="US14320AAB70"/>
          <ticker value="CARMX"/>
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        <balance>577949.06</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>578543.38</valUSD>
        <pctVal>0.0953918183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.590000000000</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 2026-1 A2A</title>
        <cusip>14320XAB7</cusip>
        <identifiers>
          <isin value="US14320XAB73"/>
          <ticker value="CARMX"/>
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        <balance>645000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>642850.69</valUSD>
        <pctVal>0.1059949838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.870000000000</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 2026-1 A3</title>
        <cusip>14320XAD3</cusip>
        <identifiers>
          <isin value="US14320XAD30"/>
          <ticker value="CARMX"/>
        </identifiers>
        <balance>516000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>512228.44</valUSD>
        <pctVal>0.0844576292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.040000000000</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>CARNIVAL CORP LTD</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CCL 4 08/01/28 144A</title>
        <cusip>143658BQ4</cusip>
        <identifiers>
          <isin value="US143658BQ44"/>
          <ticker value="CCL"/>
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        <balance>3005000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2949435.75</valUSD>
        <pctVal>0.4863110507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</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>CARNIVAL CORP LTD</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CCL 5.125 05/01/29 144A</title>
        <cusip>143658CB6</cusip>
        <identifiers>
          <isin value="US143658CB65"/>
          <ticker value="CCL"/>
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        <balance>715000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>713893.75</valUSD>
        <pctVal>0.1177087583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</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>CHASE AUTO OWNER TRUST 2024-1</name>
        <lei>N/A</lei>
        <title>CHAOT 2024-1A A3</title>
        <cusip>16144BAC2</cusip>
        <identifiers>
          <isin value="US16144BAC28"/>
          <ticker value="CHAOT"/>
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        <balance>423707.88</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>425642</valUSD>
        <pctVal>0.0701810196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.130000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHASE AUTO OWNER TRUST 2025-1</name>
        <lei>N/A</lei>
        <title>CHAOT 2025-1A A3</title>
        <cusip>16145NAC5</cusip>
        <identifiers>
          <isin value="US16145NAC56"/>
          <ticker value="CHAOT"/>
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        <balance>822000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>821324.81</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>2030-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.290000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CHENIERE ENERGY PARTNERS LP</name>
        <lei>5493005UEC8AZ34LDV29</lei>
        <title>CQP 4.5 10/01/29</title>
        <cusip>16411QAG6</cusip>
        <identifiers>
          <isin value="US16411QAG64"/>
          <ticker value="CQP"/>
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        <balance>1512000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1501928.63</valUSD>
        <pctVal>0.2476421092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C V4.503 09/11/31</title>
        <cusip>172967QF1</cusip>
        <identifiers>
          <isin value="US172967QF11"/>
          <ticker value="C"/>
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        <balance>2190000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2161490</valUSD>
        <pctVal>0.3563923958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.503000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CITIGROUP COMMERCIAL MORTGAGE TRUST 2016-C3</name>
        <lei>N/A</lei>
        <title>CGCMT 2016-C3 A4</title>
        <cusip>17325GAD8</cusip>
        <identifiers>
          <isin value="US17325GAD88"/>
          <ticker value="UBSC"/>
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        <balance>1054000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1047959</valUSD>
        <pctVal>0.1727903523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.154000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CNO GLOBAL FUNDING</name>
        <lei>6354008GTNR4833ULD48</lei>
        <title>CNO 1.75 10/07/26 144A</title>
        <cusip>18977W2A7</cusip>
        <identifiers>
          <isin value="US18977W2A75"/>
          <ticker value="CNO"/>
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        <balance>2073000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2058186.38</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.750000000000</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>COLUMBIA CENT CLO 33 LTD</name>
        <lei>2549000A46LJJ7H78351</lei>
        <title>CECLO 2024-33A A1R</title>
        <cusip>19737PAU8</cusip>
        <identifiers>
          <isin value="US19737PAU84"/>
          <ticker value="CECLO"/>
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        <balance>2850000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2853499.75</valUSD>
        <pctVal>0.4704928601</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.000000000000</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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>CAS 2022-R03 1M2</title>
        <cusip>20753XAB0</cusip>
        <identifiers>
          <isin value="US20753XAB01"/>
          <ticker value="CAS"/>
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        <balance>35000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35605.56</valUSD>
        <pctVal>0.0058707423</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.127760000000</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>
      <invstOrSec>
        <name>CONNECTICUT AVENUE SECURITIES TRUST 2022-R04</name>
        <lei>N/A</lei>
        <title>CAS 2022-R04 1M2</title>
        <cusip>20753YCK6</cusip>
        <identifiers>
          <isin value="US20753YCK64"/>
          <ticker value="CAS"/>
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        <balance>24000</balance>
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        <curCd>USD</curCd>
        <valUSD>24294.53</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>2042-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.727760000000</annualizedRt>
          <isDefault>N</isDefault>
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          <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>CAS 2022-R02 2M2</title>
        <cusip>20754BAB7</cusip>
        <identifiers>
          <isin value="US20754BAB71"/>
          <ticker value="FNMA"/>
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        <balance>1116111.63</balance>
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        <curCd>USD</curCd>
        <valUSD>1127723.63</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>2042-01-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.627760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>CAS 2024-R02 1M1</title>
        <cusip>20754GAA8</cusip>
        <identifiers>
          <isin value="US20754GAA85"/>
          <ticker value="FNMA"/>
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        <balance>57361.59</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>57361.57</valUSD>
        <pctVal>0.0094579329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.727760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CONNECTICUT AVENUE SECURITIES TRUST 2025-R03</name>
        <lei>N/A</lei>
        <title>CAS 2025-R02 1M1</title>
        <cusip>20754TAC6</cusip>
        <identifiers>
          <isin value="US20754TAC62"/>
          <ticker value="CAS"/>
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        <balance>139527.71</balance>
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        <curCd>USD</curCd>
        <valUSD>139549.85</valUSD>
        <pctVal>0.0230093618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.777760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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 NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>CAS 2025-R06 1A1</title>
        <cusip>20754YAA9</cusip>
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          <isin value="US20754YAA91"/>
          <ticker value="CAS"/>
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        <balance>557050.44</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>557362.63</valUSD>
        <pctVal>0.0918994781</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.527760000000</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>CONNECTICUT AVENUE SECURITIES TRUST 2026-R01</name>
        <lei>N/A</lei>
        <title>CAS 2026-R01 2M1</title>
        <cusip>20755BAB6</cusip>
        <identifiers>
          <isin value="US20755BAB62"/>
          <ticker value="CAS"/>
        </identifiers>
        <balance>955979.63</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>955649.19</valUSD>
        <pctVal>0.1575700578</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.627760000000</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>CONSTELLATION ENERGY GENERATION LLC</name>
        <lei>S2PEWKCZFFECR4533P43</lei>
        <title>CEG 5.6 03/01/28</title>
        <cusip>210385AB6</cusip>
        <identifiers>
          <isin value="US210385AB64"/>
          <ticker value="CEG"/>
        </identifiers>
        <balance>2067000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2099312.19</valUSD>
        <pctVal>0.3461403480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.600000000000</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>COREBRIDGE FINANCIAL INC</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>CRBG 3.65 04/05/27</title>
        <cusip>21871XAD1</cusip>
        <identifiers>
          <isin value="US21871XAD12"/>
          <ticker value="CRBG"/>
        </identifiers>
        <balance>1319000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1310435.75</valUSD>
        <pctVal>0.2160682383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.650000000000</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>COX COMMUNICATIONS INC</name>
        <lei>5493001NEDZNIFRP2R92</lei>
        <title>COXENT 6.8 08/01/28</title>
        <cusip>224044AN7</cusip>
        <identifiers>
          <isin value="US224044AN72"/>
          <ticker value="COXENT"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>515782.81</valUSD>
        <pctVal>0.0850436835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.800000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CROSS 2024-H2 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CROSS 2024-H2 A1</title>
        <cusip>22757BAA2</cusip>
        <identifiers>
          <isin value="US22757BAA26"/>
          <ticker value="CROSS"/>
        </identifiers>
        <balance>401731.78</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>402892.84</valUSD>
        <pctVal>0.0664300758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.093000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CROSS 2025-H1 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CROSS 2025-H1 A1</title>
        <cusip>22758NAA5</cusip>
        <identifiers>
          <isin value="US22758NAA54"/>
          <ticker value="CROSS"/>
        </identifiers>
        <balance>608567.56</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>610404.19</valUSD>
        <pctVal>0.1006451159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.735000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>D.R. HORTON INC</name>
        <lei>529900ZIUEYVSB8QDD25</lei>
        <title>DHI 1.3 10/15/26</title>
        <cusip>23331ABQ1</cusip>
        <identifiers>
          <isin value="US23331ABQ13"/>
          <ticker value="DHI"/>
        </identifiers>
        <balance>2193000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2174659.6</valUSD>
        <pctVal>0.3585638355</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.300000000000</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>DTE ENERGY COMPANY</name>
        <lei>549300IX8SD6XXD71I78</lei>
        <title>DTE 4.95 07/01/27</title>
        <cusip>233331BM8</cusip>
        <identifiers>
          <isin value="US233331BM83"/>
          <ticker value="DTE"/>
        </identifiers>
        <balance>655000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>658237.13</valUSD>
        <pctVal>0.1085319422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DANSKE BANK A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
        <title>DANBNK V1.549 09/10/27 144A</title>
        <cusip>23636ABB6</cusip>
        <identifiers>
          <isin value="US23636ABB61"/>
          <ticker value="DANBNK"/>
        </identifiers>
        <balance>1042000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1036062.62</valUSD>
        <pctVal>0.1708288446</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.549000000000</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>DIAMONDBACK ENERGY INC</name>
        <lei>549300R22LSX6OHWEN64</lei>
        <title>FANG 5.15 01/30/30</title>
        <cusip>25278XAY5</cusip>
        <identifiers>
          <isin value="US25278XAY58"/>
          <ticker value="FANG"/>
        </identifiers>
        <balance>627000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>635752.38</valUSD>
        <pctVal>0.1048245950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.150000000000</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>DOMINION ENERGY INC</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>D 4.6 05/15/28</title>
        <cusip>25746UDY2</cusip>
        <identifiers>
          <isin value="US25746UDY29"/>
          <ticker value="D"/>
        </identifiers>
        <balance>806000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>806191</valUSD>
        <pctVal>0.1329269818</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.600000000000</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>EFMT 2025-NQM4</name>
        <lei>254900CD2QA4YMZIVN66</lei>
        <title>EFMT 2025-NQM4 A1F</title>
        <cusip>26846RAD5</cusip>
        <identifiers>
          <isin value="US26846RAD52"/>
          <ticker value="EFMT"/>
        </identifiers>
        <balance>403034.06</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>403907.16</valUSD>
        <pctVal>0.0665973196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.200000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ELECTRICITE DE FRANCE SA</name>
        <lei>549300X3UK4GG3FNMO06</lei>
        <title>EDF 5.7 05/23/28 144A</title>
        <cusip>28504DAB9</cusip>
        <identifiers>
          <isin value="US28504DAB91"/>
          <ticker value="EDF"/>
        </identifiers>
        <balance>795000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>809668.19</valUSD>
        <pctVal>0.1335003104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.700000000000</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>ELEVATION CLO 2021-13 LTD</name>
        <lei>549300YZ3RIOTSOP0V95</lei>
        <title>AWPT 2021-13A A1R</title>
        <cusip>28622EAS7</cusip>
        <identifiers>
          <isin value="US28622EAS72"/>
          <ticker value="AWPT"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>500063.5</valUSD>
        <pctVal>0.0824518405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.732190000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ET 6.05 12/01/26</title>
        <cusip>29273VAR1</cusip>
        <identifiers>
          <isin value="US29273VAR15"/>
          <ticker value="ET"/>
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        <balance>1655000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1665609</valUSD>
        <pctVal>0.2746301773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.050000000000</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>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP 0% CP 01/07/2026</title>
        <cusip>29277FG13</cusip>
        <identifiers>
          <isin value="US29277FG130"/>
          <ticker value="ET"/>
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        <balance>3080000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3080000</valUSD>
        <pctVal>0.5078388422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>ENEL FINANCE INTERNATIONAL NV</name>
        <lei>0YQH6LCEF474UTUV4B96</lei>
        <title>ENELIM 4.125 09/30/28 144A</title>
        <cusip>29278GBF4</cusip>
        <identifiers>
          <isin value="US29278GBF46"/>
          <ticker value="ENELIM"/>
        </identifiers>
        <balance>270000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>266777.88</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ENEL FINANCE AMERICA LLC</name>
        <lei>549300EGNLVUJX1DEC60</lei>
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          <isin value="US29279HJJ59"/>
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        <curCd>USD</curCd>
        <valUSD>1184329</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-18</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Essex Portfolio Lp</name>
        <lei>5493003GN3O58H286O74</lei>
        <title>Essex Portfolio Lp 0% CP 08/07/2026</title>
        <cusip>29717FG86</cusip>
        <identifiers>
          <isin value="US29717FG861"/>
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        <balance>1770000</balance>
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        <curCd>USD</curCd>
        <valUSD>1768632.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-08</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Essex Portfolio Lp</name>
        <lei>5493003GN3O58H286O74</lei>
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        <cusip>29717FGE3</cusip>
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          <isin value="US29717FGE34"/>
          <ticker value="ESS"/>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-14</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Extra Space Storage LP</name>
        <lei>549300YNKSKNZFR8UC42</lei>
        <title>Extra Space Storage LP 0% CP 09/07/2026</title>
        <cusip>30227QG91</cusip>
        <identifiers>
          <isin value="US30227QG915"/>
          <ticker value="EXR"/>
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        <curCd>USD</curCd>
        <valUSD>1353803.75</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-09</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>META PLATFORMS INC</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>META 4.2 11/15/30</title>
        <cusip>30303MAB8</cusip>
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          <isin value="US30303MAB81"/>
          <ticker value="META"/>
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        <balance>1255000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1235313</valUSD>
        <pctVal>0.2036817934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.200000000000</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>FEDERAL HOME LOAN BANKS</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>FHLBDN 0 07/15/26</title>
        <cusip>313385ZJ8</cusip>
        <identifiers>
          <isin value="US313385ZJ85"/>
          <ticker value="FHLB"/>
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        <balance>8000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7988743</valUSD>
        <pctVal>1.3172058427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2025-55 FG</title>
        <cusip>3136BWSC1</cusip>
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          <isin value="US3136BWSC14"/>
          <ticker value="FNMA"/>
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        <balance>2430260</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2452287.75</valUSD>
        <pctVal>0.4043399258</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.727760000000</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>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5393 FA</title>
        <cusip>3137HBQ98</cusip>
        <identifiers>
          <isin value="US3137HBQ985"/>
          <ticker value="FHR"/>
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        <balance>984881.13</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>996202.75</valUSD>
        <pctVal>0.1642566400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.827760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5387 DF</title>
        <cusip>3137HBRE6</cusip>
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          <isin value="US3137HBRE60"/>
          <ticker value="FHR"/>
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        <balance>910484.5</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>920959.63</valUSD>
        <pctVal>0.1518503481</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.827760000000</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <title>FHR 5391 FA</title>
        <cusip>3137HBUG7</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5397 NF</title>
        <cusip>3137HCJU7</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5419 AF</title>
        <cusip>3137HD2L3</cusip>
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          <ticker value="FHR"/>
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          <couponKind>Floating</couponKind>
          <annualizedRt>4.727760000000</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5440 FH</title>
        <cusip>3137HDYA2</cusip>
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          <ticker value="FHR"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5438 FC</title>
        <cusip>3137HF7D1</cusip>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5446 DF</title>
        <cusip>3137HFAE5</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5466 FG</title>
        <cusip>3137HFPC3</cusip>
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          <ticker value="FHR"/>
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        <curCd>USD</curCd>
        <valUSD>3471285.75</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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          <isin value="US3137HHHR53"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-02-25</maturityDt>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-25</maturityDt>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5601 FC</title>
        <cusip>3137HNQY7</cusip>
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          <isin value="US3137HNQY71"/>
          <ticker value="FHR"/>
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        <curCd>USD</curCd>
        <valUSD>1173151</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.677760000000</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5651 KF</title>
        <cusip>3137HQTU5</cusip>
        <identifiers>
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          <ticker value="FHR"/>
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        <balance>697428.38</balance>
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        <curCd>USD</curCd>
        <valUSD>697635</valUSD>
        <pctVal>0.1150279710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.427760000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BL2815</title>
        <cusip>3140HUDV5</cusip>
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          <isin value="US3140HUDV59"/>
          <ticker value="FNMA"/>
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        <balance>919329.38</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>873571.5</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.730000000000</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 BZ0065</title>
        <cusip>3140NUCB3</cusip>
        <identifiers>
          <isin value="US3140NUCB31"/>
          <ticker value="FNMA"/>
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        <balance>732000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>743625</valUSD>
        <pctVal>0.1226109282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.280000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>FEDERATION DES CAISSES DESJARDINS DU QUEBEC</name>
        <lei>549300B2Q47IR0CR5B54</lei>
        <title>CCDJ 4.565 08/26/30 144A</title>
        <cusip>31429KAP8</cusip>
        <identifiers>
          <isin value="US31429KAP84"/>
          <ticker value="CCDJ"/>
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        <balance>550000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>546406</valUSD>
        <pctVal>0.0900929190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.565000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FISERV INC</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>FISV 5.45 03/02/28</title>
        <cusip>337738BD9</cusip>
        <identifiers>
          <isin value="US337738BD90"/>
          <ticker value="FISV"/>
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        <balance>825000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>833075.81</valUSD>
        <pctVal>0.1373598230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.450000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FOUNDRY JV HOLDCO LLC</name>
        <lei>21380048QROAMGM6EP30</lei>
        <title>FABSJV 5.9 01/25/30</title>
        <cusip>350930AB9</cusip>
        <identifiers>
          <isin value="US350930AB92"/>
          <ticker value="FABSJV"/>
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        <balance>880000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>907918.44</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>2030-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FOUNDRY JV HOLDCO LLC</name>
        <lei>21380048QROAMGM6EP30</lei>
        <title>FABSJV 5.5 01/25/31</title>
        <cusip>350930AF0</cusip>
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          <isin value="US350930AF07"/>
          <ticker value="FABSJV"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA5</name>
        <lei>5493000ISU5NYXNHD479</lei>
        <title>STACR 2021-DNA5 M2</title>
        <cusip>35564KHE2</cusip>
        <identifiers>
          <isin value="US35564KHE29"/>
          <ticker value="STACR"/>
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        <balance>2292.29</balance>
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        <curCd>USD</curCd>
        <valUSD>2295.02</valUSD>
        <pctVal>0.0003784092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.277760000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA6</name>
        <lei>5493000ISONLNOUKGB71</lei>
        <title>STACR 2021-DNA6 M2</title>
        <cusip>35564KKY4</cusip>
        <identifiers>
          <isin value="US35564KKY46"/>
          <ticker value="STACR"/>
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        <balance>73843.1</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.127760000000</annualizedRt>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2023-DNA1</name>
        <lei>5493000IRILHAKSCHN59</lei>
        <title>STACR 2023-DNA1 M1A</title>
        <cusip>35564KP37</cusip>
        <identifiers>
          <isin value="US35564KP373"/>
          <ticker value="STACR"/>
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        <balance>25875.61</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26170</valUSD>
        <pctVal>0.0043149813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.727760000000</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>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
        <lei>N/A</lei>
        <title>AER 4.125 02/28/29</title>
        <cusip>00774MBT1</cusip>
        <identifiers>
          <isin value="US00774MBT18"/>
          <ticker value="AER"/>
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        <balance>150000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>147825.09</valUSD>
        <pctVal>0.0243738060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</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>
      <invstOrSec>
        <name>Alimentation Couche-Tard Inc.</name>
        <lei>549300OSW32RVX8CCZ87</lei>
        <title>Alimentation Couche-Tard Inc. 0% CP 06/07/2026</title>
        <cusip>01626VG64</cusip>
        <identifiers>
          <isin value="US01626VG640"/>
          <ticker value="ATDBCN"/>
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        <balance>770000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>769578.56</valUSD>
        <pctVal>0.1268902224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>
        <name>FREDDIE MAC STACR REMIC TRUST 2022-DNA2</name>
        <lei>5493000ISA3AUOXQEF68</lei>
        <title>STACR 2022-DNA2 M1A</title>
        <cusip>35564KRE1</cusip>
        <identifiers>
          <isin value="US35564KRE19"/>
          <ticker value="STACR"/>
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        <balance>780.64</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>780.64</valUSD>
        <pctVal>0.0001287141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <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>FREDDIE MAC STACR REMIC TRUST 2022-DNA5</name>
        <lei>5493000IS349P4O9HR58</lei>
        <title>STACR 2022-DNA5 M1A</title>
        <cusip>35564KYN3</cusip>
        <identifiers>
          <isin value="US35564KYN35"/>
          <ticker value="STACR"/>
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        <balance>1100995</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1114103.62</valUSD>
        <pctVal>0.1836964586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.577760000000</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>FREDDIE MAC STACR REMIC TRUST 2024-HQA2</name>
        <lei>5299002OYNAPMJKK2A73</lei>
        <title>STACR 2024-HQA2 A1</title>
        <cusip>35564NDY6</cusip>
        <identifiers>
          <isin value="US35564NDY67"/>
          <ticker value="STACR"/>
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        <balance>820600</balance>
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        <curCd>USD</curCd>
        <valUSD>823889.19</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>2044-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.877760000000</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>FREDDIE MAC STACR REMIC TRUST 2025-DNA1</name>
        <lei>529900WZAMS87JCAOC53</lei>
        <title>STACR 2025-DNA1 A1</title>
        <cusip>35564NFY4</cusip>
        <identifiers>
          <isin value="US35564NFY40"/>
          <ticker value="STACR"/>
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        <balance>535440</balance>
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        <curCd>USD</curCd>
        <valUSD>535857.63</valUSD>
        <pctVal>0.0883536748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.577760000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HALEON US CAPITAL LLC</name>
        <lei>549300N8C3A3L0UVQB07</lei>
        <title>HLNLN 3.375 03/24/27</title>
        <cusip>36264FAK7</cusip>
        <identifiers>
          <isin value="US36264FAK75"/>
          <ticker value="HLNLN"/>
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        <balance>1365000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1354991.13</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.375000000000</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>
      <invstOrSec>
        <name>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2022-3</name>
        <lei>N/A</lei>
        <title>GMCAR 2022-3 A4</title>
        <cusip>36265WAE3</cusip>
        <identifiers>
          <isin value="US36265WAE30"/>
          <ticker value="GMCAR"/>
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        <balance>420567.16</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>420541.38</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.710000000000</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>ARES LXIX CLO LTD</name>
        <lei>N/A</lei>
        <title>ARES 2024-69A A1R</title>
        <cusip>039953AL8</cusip>
        <identifiers>
          <isin value="US039953AL83"/>
          <ticker value="ARES"/>
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        <balance>2850000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2851527.5</valUSD>
        <pctVal>0.4701676701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</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>ARES CAPITAL CORP</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
        <title>ARCC 7 01/15/27</title>
        <cusip>04010LBE2</cusip>
        <identifiers>
          <isin value="US04010LBE20"/>
          <ticker value="ARCC"/>
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        <balance>658000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>664669.06</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.000000000000</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>ASHTEAD CAPITAL INC</name>
        <lei>213800J1134IW58IC398</lei>
        <title>AHTLN 1.5 08/12/26 144A</title>
        <cusip>045054AN3</cusip>
        <identifiers>
          <isin value="US045054AN37"/>
          <ticker value="AHTLN"/>
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        <balance>1120000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1115838.13</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>2026-08-12</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>ATHENE GLOBAL FUNDING</name>
        <lei>549300LM1QSI4MSIL320</lei>
        <title>ATH 5.133 06/01/29 144A</title>
        <cusip>04685A4Y4</cusip>
        <identifiers>
          <isin value="US04685A4Y43"/>
          <ticker value="ATH"/>
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        <balance>1000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1001901.5</valUSD>
        <pctVal>0.1651962655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.133000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AVOLON HOLDINGS FUNDING LTD</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
        <title>AVOL 4.9 10/10/30 144A</title>
        <cusip>05401ABA8</cusip>
        <identifiers>
          <isin value="US05401ABA88"/>
          <ticker value="AVOL"/>
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        <balance>2685000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2661494.51</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.900000000000</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>BX TRUST 2018-BILT</name>
        <lei>N/A</lei>
        <title>BX 2025-ARIA B</title>
        <cusip>05619TAC2</cusip>
        <identifiers>
          <isin value="US05619TAC27"/>
          <ticker value="BX"/>
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        <balance>612000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>610732.94</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.349591000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST 2024-1</name>
        <lei>N/A</lei>
        <title>GMCAR 2024-1 A3</title>
        <cusip>36268GAD7</cusip>
        <identifiers>
          <isin value="US36268GAD79"/>
          <ticker value="GMCAR"/>
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        <balance>292039.16</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.850000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GABX LEASING LLC</name>
        <lei>25490085PXP0WGRIRI44</lei>
        <title>GATX 4.625 04/15/31 144A</title>
        <cusip>36274FAA7</cusip>
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          <isin value="US36274FAA75"/>
          <ticker value="GATX"/>
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        <balance>1560000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1538219.88</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BAC 8.05 06/15/27 B</title>
        <cusip>06051GHP7</cusip>
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          <isin value="US06051GHP72"/>
          <ticker value="BAC"/>
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        <balance>2095000</balance>
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        <curCd>USD</curCd>
        <valUSD>2160842.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.050000000000</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>BANK OF NOVA SCOTIA (THE)</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>BNS V4.904 06/05/32 .</title>
        <cusip>06418GBF3</cusip>
        <identifiers>
          <isin value="US06418GBF37"/>
          <ticker value="BNS"/>
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        <balance>685000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>683239.19</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.904000000000</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>BANK 2019-BNK18</name>
        <lei>N/A</lei>
        <title>BANK 2019-BN18 A2</title>
        <cusip>065402AZ2</cusip>
        <identifiers>
          <isin value="US065402AZ22"/>
          <ticker value="BANK"/>
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        <balance>429493.72</balance>
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        <curCd>USD</curCd>
        <valUSD>416848</valUSD>
        <pctVal>0.0687310408</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.474000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
        <lei>VBHFXSYT7OG62HNT8T76</lei>
        <title>BFCM 4.541 01/15/31 144A</title>
        <cusip>06675DCU4</cusip>
        <identifiers>
          <isin value="US06675DCU46"/>
          <ticker value="BFCM"/>
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        <balance>435000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>427816.28</valUSD>
        <pctVal>0.0705395209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GE AEROSPACE</name>
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        <curCd>USD</curCd>
        <valUSD>346843.63</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GENERAL MOTORS FINANCIAL COMPANY INC</name>
        <lei>5493008B6JBRUJ90QL97</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANQUE FEDERATIVE DU CREDIT MUTUEL SA</name>
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        <balance>1390000</balance>
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        <curCd>USD</curCd>
        <valUSD>1381087.5</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TRUIST BANK</name>
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        <title>TFC V4.632 09/17/29 BKNT</title>
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        <balance>430000</balance>
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        <curCd>USD</curCd>
        <valUSD>426938.41</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GENERAL MOTORS FINANCIAL COMPANY INC</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>GM 4.2 10/27/28</title>
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          <ticker value="GM"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GEORGIA-PACIFIC LLC</name>
        <lei>L2EVHWFHVAQK72TMH265</lei>
        <title>GP 2.3 04/30/30 144A</title>
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        <curCd>USD</curCd>
        <valUSD>1135613.25</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.300000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BIRCH GROVE CLO 2 LTD</name>
        <lei>N/A</lei>
        <title>BGCLO 2021-2A A1R</title>
        <cusip>09077LAL6</cusip>
        <identifiers>
          <isin value="US09077LAL62"/>
          <ticker value="BGCLO"/>
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        <balance>400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>400878.41</valUSD>
        <pctVal>0.0660979310</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.075230000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOEING COMPANY (THE)</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BA 5.15 05/01/30</title>
        <cusip>097023CY9</cusip>
        <identifiers>
          <isin value="US097023CY98"/>
          <ticker value="BA"/>
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        <balance>1310000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1325970.63</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>2030-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.150000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>BOSTON SCIENTIFIC CORP</name>
        <lei>Y6ZDD9FP4P8JSSJMW954</lei>
        <title>BOSTON SCIENTIFIC CORP 0% CP 21/07/2026</title>
        <cusip>10114BGM3</cusip>
        <identifiers>
          <isin value="US10114BGM37"/>
          <ticker value="BSX"/>
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        <balance>1550000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1546587.38</valUSD>
        <pctVal>0.2550055663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-21</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>
        <name>BRAVO RESIDENTIAL FUNDING TRUST 2025-HE1</name>
        <lei>254900V4GL9A5JTVB991</lei>
        <title>BRAVO 2025-HE1 A1</title>
        <cusip>10568VAA2</cusip>
        <identifiers>
          <isin value="US10568VAA26"/>
          <ticker value="BRAVO"/>
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        <balance>506072.63</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>507249.44</valUSD>
        <pctVal>0.0836366780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2072-09-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.995160000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROADCOM INC</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>AVGO 4.6 07/15/30</title>
        <cusip>11135FCK5</cusip>
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          <isin value="US11135FCK57"/>
          <ticker value="AVGO"/>
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        <curCd>USD</curCd>
        <valUSD>1076334.63</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.600000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRUNSWICK CORP</name>
        <lei>YM4O38W15AX4YLLQKU27</lei>
        <title>BC 2.4 08/18/31</title>
        <cusip>117043AT6</cusip>
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          <ticker value="BC"/>
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        <curCd>USD</curCd>
        <valUSD>536986.17</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.400000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>COMM 2015-CCRE22 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2015-CR22 B</title>
        <cusip>12592XBG0</cusip>
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          <isin value="US12592XBG07"/>
          <ticker value="COMM"/>
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        <curCd>USD</curCd>
        <valUSD>241593.63</valUSD>
        <pctVal>0.0398346199</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.586253000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COMM 2014-CCRE17 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2014-CR17 B</title>
        <cusip>12631DBE2</cusip>
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          <isin value="US12631DBE22"/>
          <ticker value="COMM"/>
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        <curCd>USD</curCd>
        <valUSD>453048.69</valUSD>
        <pctVal>0.0746999098</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.377000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CALIFORNIA (CA), STATE OF</name>
        <lei>9845007J7054602FF597</lei>
        <title>CA CAS 4.35 11/01/2032</title>
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          <ticker value="CAS"/>
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        <balance>750000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>741806.13</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-11-01</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>
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      <invstOrSec>
        <name>CATHEDRAL LAK LTD 2021-8</name>
        <lei>N/A</lei>
        <title>CATLK 2021-8A A1R</title>
        <cusip>14919GAN5</cusip>
        <identifiers>
          <isin value="US14919GAN51"/>
          <ticker value="CATLK"/>
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        <balance>1540000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1538438.5</valUSD>
        <pctVal>0.2536619567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.797630000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC (THE)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GS V4.153 10/21/29</title>
        <cusip>38141GD27</cusip>
        <identifiers>
          <isin value="US38141GD272"/>
          <ticker value="GS"/>
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        <balance>6820000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HOMES 2024-NQM1 TRUST</name>
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      <invstOrSec>
        <name>HCA INC</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CELANESE US HOLDINGS LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CIPHER COMPUTE LLC</name>
        <lei>N/A</lei>
        <title>CIFR 7.125 11/15/30 144A</title>
        <cusip>17253NAA5</cusip>
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          <ticker value="CIFR"/>
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        <balance>1220000</balance>
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        <curCd>USD</curCd>
        <valUSD>1268217.55</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.125000000000</annualizedRt>
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      <invstOrSec>
        <name>CITIZENS AUTO RECEIVABLES TRUST 2024-1</name>
        <lei>N/A</lei>
        <title>CITZN 2024-1 A3</title>
        <cusip>17331QAD8</cusip>
        <identifiers>
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          <ticker value="CITZN"/>
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        <balance>132742.92</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>133058.69</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.110000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>CAS 2023-R06 1M1</title>
        <cusip>20754EAA3</cusip>
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          <ticker value="CAS"/>
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        <balance>4727.49</balance>
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        <curCd>USD</curCd>
        <valUSD>4736.31</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>HCA INC</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA 5.2 06/01/28</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HASBRO INC</name>
        <lei>549300NUB6D2R1ITYR45</lei>
        <title>HAS 4.65 03/12/31</title>
        <cusip>418056BB2</cusip>
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          <ticker value="HAS"/>
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        <curCd>USD</curCd>
        <valUSD>1175039</valUSD>
        <pctVal>0.1937436511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HONDA AUTO RECEIVABLES 2023-2 OWNER TRUST</name>
        <lei>N/A</lei>
        <title>HAROT 2023-2 A3</title>
        <cusip>437927AC0</cusip>
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          <isin value="US437927AC00"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.930000000000</annualizedRt>
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      <invstOrSec>
        <name>HONDA AUTO RECEIVABLES 2025-4 OWNER TRUST</name>
        <lei>N/A</lei>
        <title>HAROT 2025-4 A2A</title>
        <cusip>43814XAB9</cusip>
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          <isin value="US43814XAB91"/>
          <ticker value="HAROT"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.040000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>HUMANA INC</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>HUM 5.375 04/15/31</title>
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        <curCd>USD</curCd>
        <valUSD>2533748.63</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>HYNMTR 5.35 03/19/29 144A</title>
        <cusip>44891ACY1</cusip>
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          <ticker value="HYNMTR"/>
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        <balance>356000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>360919.41</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>2029-03-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.350000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HYUNDAI AUTO RECEIVABLES TRUST 2024-A</name>
        <lei>N/A</lei>
        <title>HART 2024-A A3</title>
        <cusip>448973AD9</cusip>
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          <isin value="US448973AD90"/>
          <ticker value="HART"/>
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        <balance>396012.84</balance>
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        <curCd>USD</curCd>
        <valUSD>397371.22</valUSD>
        <pctVal>0.0655196559</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.990000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HYUNDAI AUTO RECEIVABLES TRUST 2024-C</name>
        <lei>N/A</lei>
        <title>HART 2024-C A3</title>
        <cusip>448976AD2</cusip>
        <identifiers>
          <isin value="US448976AD22"/>
          <ticker value="HART"/>
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        <balance>368000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368334.69</valUSD>
        <pctVal>0.0607320333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.410000000000</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>HYUNDAI AUTO RECEIVABLES TRUST 2025-B</name>
        <lei>N/A</lei>
        <title>HART 2025-B A3</title>
        <cusip>44935XAD7</cusip>
        <identifiers>
          <isin value="US44935XAD75"/>
          <ticker value="HART"/>
        </identifiers>
        <balance>587000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>587180.13</valUSD>
        <pctVal>0.0968158693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.360000000000</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>ILLUMINA INC</name>
        <lei>SQ95QG8SR5Q56LSNF682</lei>
        <title>ILMN 4.65 09/09/26</title>
        <cusip>452327AQ2</cusip>
        <identifiers>
          <isin value="US452327AQ25"/>
          <ticker value="ILMN"/>
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        <balance>1073000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1073345.48</valUSD>
        <pctVal>0.1769761447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000</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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>CAS 2025-R01 1A1</title>
        <cusip>20755JAA1</cusip>
        <identifiers>
          <isin value="US20755JAA16"/>
          <ticker value="FNMA"/>
        </identifiers>
        <balance>206899.76</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>207030.12</valUSD>
        <pctVal>0.0341356936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.577760000000</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>CONSTELLATION ENERGY GENERATION LLC</name>
        <lei>S2PEWKCZFFECR4533P43</lei>
        <title>CEG 4.4 01/15/31</title>
        <cusip>210385AQ3</cusip>
        <identifiers>
          <isin value="US210385AQ34"/>
          <ticker value="CEG"/>
        </identifiers>
        <balance>230000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>226112.48</valUSD>
        <pctVal>0.0372820455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.400000000000</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>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>INTNED V6.083 09/11/27</title>
        <cusip>456837BF9</cusip>
        <identifiers>
          <isin value="US456837BF96"/>
          <ticker value="INTNED"/>
        </identifiers>
        <balance>1130000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1133107</valUSD>
        <pctVal>0.1868297880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.083000000000</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>INTERCONTINENTAL EXCHANGE INC</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>INTERCONTINENTAL EXCHANGE INC 0% CP 01/07/2026</title>
        <cusip>45856XG19</cusip>
        <identifiers>
          <isin value="US45856XG191"/>
          <ticker value="ICE"/>
        </identifiers>
        <balance>1245000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1245000</valUSD>
        <pctVal>0.2052790125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>ACAFP V5.222 05/27/31 144a</title>
        <cusip>22535WAR8</cusip>
        <identifiers>
          <isin value="US22535WAR88"/>
          <ticker value="ACAFP"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>504060.47</valUSD>
        <pctVal>0.0831108719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.222000000000</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>CSAIL 2017-CX10 COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CSAIL 2021-C20 XA</title>
        <cusip>22945EAW1</cusip>
        <identifiers>
          <isin value="US22945EAW12"/>
          <ticker value="CSAIL"/>
        </identifiers>
        <balance>5906824.5</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>196775.22</valUSD>
        <pctVal>0.0324448376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.986259000000</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>INTERCONTINENTAL EXCHANGE INC</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>INTERCONTINENTAL EXCHANGE INC 0% CP 08/07/2026</title>
        <cusip>45856XG84</cusip>
        <identifiers>
          <isin value="US45856XG845"/>
          <ticker value="ICE"/>
        </identifiers>
        <balance>1430000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1428886</valUSD>
        <pctVal>0.2355986402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-08</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>IQVIA INC</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQV 5.7 05/15/28</title>
        <cusip>46266TAC2</cusip>
        <identifiers>
          <isin value="US46266TAC27"/>
          <ticker value="IQV"/>
        </identifiers>
        <balance>800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>812796</valUSD>
        <pctVal>0.1340160323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.700000000000</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>ERP OPERATING LP</name>
        <lei>DX5HQV5MLU50FEWZ5072</lei>
        <title>EQR 4.95 06/15/32</title>
        <cusip>26884ABQ5</cusip>
        <identifiers>
          <isin value="US26884ABQ58"/>
          <ticker value="EQR"/>
        </identifiers>
        <balance>492000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>494653.5</valUSD>
        <pctVal>0.0815598249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000</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>EATON CORP</name>
        <lei>0NZWDMRCE180888QQE14</lei>
        <title>ETN 4.2 03/06/31</title>
        <cusip>278058DX7</cusip>
        <identifiers>
          <isin value="US278058DX76"/>
          <ticker value="ETN"/>
        </identifiers>
        <balance>475000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>465559.78</valUSD>
        <pctVal>0.0767627726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.200000000000</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>ELMWOOD CLO III LLC</name>
        <lei>N/A</lei>
        <title>ELMW3 2019-3A A1RR</title>
        <cusip>29002HAW9</cusip>
        <identifiers>
          <isin value="US29002HAW97"/>
          <ticker value="ELMW3"/>
        </identifiers>
        <balance>650000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>650984.75</valUSD>
        <pctVal>0.1073361499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.055230000000</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>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>ENBCN 1.6 10/04/26</title>
        <cusip>29250NBH7</cusip>
        <identifiers>
          <isin value="US29250NBH70"/>
          <ticker value="ENBCN"/>
        </identifiers>
        <balance>683000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>678140</valUSD>
        <pctVal>0.1118135820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.600000000000</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>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ET 5.25 07/01/29</title>
        <cusip>29273VAZ3</cusip>
        <identifiers>
          <isin value="US29273VAZ31"/>
          <ticker value="ET"/>
        </identifiers>
        <balance>16000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>16228.15</valUSD>
        <pctVal>0.0026757419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</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>Essex Portfolio Lp</name>
        <lei>5493003GN3O58H286O74</lei>
        <title>Essex Portfolio Lp 0% CP 02/07/2026</title>
        <cusip>29717FG29</cusip>
        <identifiers>
          <isin value="US29717FG291"/>
          <ticker value="ESS"/>
        </identifiers>
        <balance>1855000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1854797.25</valUSD>
        <pctVal>0.3058240545</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-02</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>F&amp;G ANNUITIES &amp; LIFE INC</name>
        <lei>N/A</lei>
        <title>FG 6.5 06/04/29</title>
        <cusip>30190AAF1</cusip>
        <identifiers>
          <isin value="US30190AAF12"/>
          <ticker value="FG"/>
        </identifiers>
        <balance>343000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>350504.5</valUSD>
        <pctVal>0.0577921427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</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>Extra Space Storage LP</name>
        <lei>549300YNKSKNZFR8UC42</lei>
        <title>Extra Space Storage LP 0% CP 08/07/2026</title>
        <cusip>30227QG83</cusip>
        <identifiers>
          <isin value="US30227QG832"/>
          <ticker value="EXR"/>
        </identifiers>
        <balance>1260000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1259024</valUSD>
        <pctVal>0.2075913281</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-08</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>JBS USA HOLDING LUX SARL</name>
        <lei>RB8RC03FUD8DSX57C193</lei>
        <title>JBS 3 02/02/29</title>
        <cusip>46590XAN6</cusip>
        <identifiers>
          <isin value="US46590XAN66"/>
          <ticker value="JBS"/>
        </identifiers>
        <balance>1395000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1338429.63</valUSD>
        <pctVal>0.2206839460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-02</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>JP MORGAN MORTGAGE TRUST 2015-4</name>
        <lei>N/A</lei>
        <title>JPMMT 2026-HE1 A1</title>
        <cusip>46594RAA3</cusip>
        <identifiers>
          <isin value="US46594RAA32"/>
          <ticker value="JPMMT"/>
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        <balance>293279.56</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>293623.19</valUSD>
        <pctVal>0.0484133964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.875130000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>JP MORGAN CHASE &amp; COMPANY</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPM V2.956 05/13/31</title>
        <cusip>46647PBP0</cusip>
        <identifiers>
          <isin value="US46647PBP09"/>
          <ticker value="JPM"/>
        </identifiers>
        <balance>1500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1400516.88</valUSD>
        <pctVal>0.2309210619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.956000000000</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>JP MORGAN MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>JPMMT 2024-CES1 A1A</title>
        <cusip>46658CAA9</cusip>
        <identifiers>
          <isin value="US46658CAA99"/>
          <ticker value="JPMMT"/>
        </identifiers>
        <balance>187642.81</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>188042</valUSD>
        <pctVal>0.0310048804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.919000000000</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>JP MORGAN MORTGAGE TRUST 2024-10</name>
        <lei>N/A</lei>
        <title>JPMMT 2024-10 A11</title>
        <cusip>46658LAX9</cusip>
        <identifiers>
          <isin value="US46658LAX91"/>
          <ticker value="JPMMT"/>
        </identifiers>
        <balance>379585.69</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>379437.03</valUSD>
        <pctVal>0.0625626175</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.862100000000</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>LHOME MORTGAGE TRUST 2025-RTL2</name>
        <lei>529900COAFD3IY51O355</lei>
        <title>LHOME 2025-RTL2 A1</title>
        <cusip>50206RAA5</cusip>
        <identifiers>
          <isin value="US50206RAA59"/>
          <ticker value="LHOME"/>
        </identifiers>
        <balance>337000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338020.73</valUSD>
        <pctVal>0.0557337845</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.612000000000</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>LPL HOLDINGS INC</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPLA 4.625 11/15/27 144A</title>
        <cusip>50212YAC8</cusip>
        <identifiers>
          <isin value="US50212YAC84"/>
          <ticker value="LPLA"/>
        </identifiers>
        <balance>1137000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1131449.81</valUSD>
        <pctVal>0.1865565459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</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>LPL HOLDINGS INC</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPLA 6.75 11/17/28</title>
        <cusip>50212YAH7</cusip>
        <identifiers>
          <isin value="US50212YAH71"/>
          <ticker value="LPLA"/>
        </identifiers>
        <balance>323000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335818</valUSD>
        <pctVal>0.0553705923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</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>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS V5.721 06/05/30</title>
        <cusip>53944YBA0</cusip>
        <identifiers>
          <isin value="US53944YBA01"/>
          <ticker value="LLOYDS"/>
        </identifiers>
        <balance>539000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>553290.5</valUSD>
        <pctVal>0.0912280542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.721000000000</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>MACQUARIE AIRFINANCE HOLDINGS LTD</name>
        <lei>549300MCGUSL5B852H65</lei>
        <title>MCAIRH 5.15 03/17/30 144A</title>
        <cusip>55609NAE8</cusip>
        <identifiers>
          <isin value="US55609NAE85"/>
          <ticker value="MCAIRH"/>
        </identifiers>
        <balance>254000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>253294.3</valUSD>
        <pctVal>0.0417638585</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.150000000000</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>MAGNETITE XL LTD</name>
        <lei>5299008V4F49IY3SSP69</lei>
        <title>MAGNE 2024-40A A1</title>
        <cusip>55955RAA7</cusip>
        <identifiers>
          <isin value="US55955RAA77"/>
          <ticker value="MAGNE"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>500871</valUSD>
        <pctVal>0.0825849833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.123100000000</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>MARS INC</name>
        <lei>54930073HKEO6GZBSS03</lei>
        <title>MARS 4.8 03/01/30 144A</title>
        <cusip>571676AY1</cusip>
        <identifiers>
          <isin value="US571676AY11"/>
          <ticker value="MARS"/>
        </identifiers>
        <balance>2015000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2021002.13</valUSD>
        <pctVal>0.3332283707</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.800000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MCCORMICK &amp; CO. INC</name>
        <lei>549300JQQA6MQ4OJP259</lei>
        <title>MKC 4.15 02/15/29</title>
        <cusip>579780AV9</cusip>
        <identifiers>
          <isin value="US579780AV93"/>
          <ticker value="MKC"/>
        </identifiers>
        <balance>200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>197829.55</valUSD>
        <pctVal>0.0326186784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.150000000000</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>MEDLINE BORROWER LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>MEDIND 5 06/15/31 144A</title>
        <cusip>58506DAB4</cusip>
        <identifiers>
          <isin value="US58506DAB47"/>
          <ticker value="MEDIND"/>
        </identifiers>
        <balance>380000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>378173.59</valUSD>
        <pctVal>0.0623542981</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</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>MORGAN STANLEY BANK NA</name>
        <lei>G1MLHIS0N32I3QPILB75</lei>
        <title>MS V4.952 01/14/28 BKNT</title>
        <cusip>61690U8A1</cusip>
        <identifiers>
          <isin value="US61690U8A11"/>
          <ticker value="MS"/>
        </identifiers>
        <balance>1000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1002468.31</valUSD>
        <pctVal>0.1652897227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.952000000000</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>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V5.123 02/01/29</title>
        <cusip>61747YFA8</cusip>
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          <ticker value="MS"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>680107.31</valUSD>
        <pctVal>0.1121379574</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2024-82 FE</title>
        <cusip>3136BTGC1</cusip>
        <identifiers>
          <isin value="US3136BTGC13"/>
          <ticker value="FNMA"/>
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        <balance>671971.94</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>675091.06</valUSD>
        <pctVal>0.1113108644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.577760000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2025-25 FB</title>
        <cusip>3136BVJR0</cusip>
        <identifiers>
          <isin value="US3136BVJR01"/>
          <ticker value="FNMA"/>
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        <balance>878336.06</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>882753.56</valUSD>
        <pctVal>0.1455508266</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.577760000000</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>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V4.994 04/12/29 .</title>
        <cusip>61747YFY6</cusip>
        <identifiers>
          <isin value="US61747YFY68"/>
          <ticker value="MS"/>
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        <balance>569000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>572092.56</valUSD>
        <pctVal>0.0943281894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.994000000000</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>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V4.708 03/12/32</title>
        <cusip>61747YGB5</cusip>
        <identifiers>
          <isin value="US61747YGB56"/>
          <ticker value="MS"/>
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        <balance>480000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>474068.25</valUSD>
        <pctVal>0.0781656725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.708000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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 CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5537 FC</title>
        <cusip>3137HLBG6</cusip>
        <identifiers>
          <isin value="US3137HLBG64"/>
          <ticker value="FHR"/>
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        <balance>1229952.5</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1244120.13</valUSD>
        <pctVal>0.2051339371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.767760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5613 CF</title>
        <cusip>3137HPGK3</cusip>
        <identifiers>
          <isin value="US3137HPGK36"/>
          <ticker value="FHLMC"/>
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        <balance>706307.31</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>709969.56</valUSD>
        <pctVal>0.1170617271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.577760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST</name>
        <lei>N/A</lei>
        <title>AER 6.1 01/15/27</title>
        <cusip>00774MBD6</cusip>
        <identifiers>
          <isin value="US00774MBD65"/>
          <ticker value="AER"/>
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        <balance>1157000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1165557</valUSD>
        <pctVal>0.1921802329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.100000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>AIRBNB INC</name>
        <lei>549300HMUDNO0RY56D37</lei>
        <title>ABNB 4.65 03/16/31</title>
        <cusip>009066AD3</cusip>
        <identifiers>
          <isin value="US009066AD31"/>
          <ticker value="ABNB"/>
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        <balance>1135000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1127680.88</valUSD>
        <pctVal>0.1859351144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000</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>ARTHUR J. GALLAGHER &amp; COMPANY</name>
        <lei>54930049QLLMPART6V29</lei>
        <title>AJG 4.85 12/15/29</title>
        <cusip>04316JAL3</cusip>
        <identifiers>
          <isin value="US04316JAL35"/>
          <ticker value="AJG"/>
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        <balance>865000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>871315.81</valUSD>
        <pctVal>0.1436649390</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>4.850000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V4.133 10/18/29 I</title>
        <cusip>61748UAK8</cusip>
        <identifiers>
          <isin value="US61748UAK88"/>
          <ticker value="MS"/>
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        <balance>1100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1084985</valUSD>
        <pctVal>0.1788953007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.133000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS 3.95 04/23/27</title>
        <cusip>61761JZN2</cusip>
        <identifiers>
          <isin value="US61761JZN26"/>
          <ticker value="MS"/>
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        <balance>3489000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3477639.5</valUSD>
        <pctVal>0.5734027328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-23</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>AIRCASTLE LTD / AIRCASTLE IRELAND DAC</name>
        <lei>N/A</lei>
        <title>AYR 6.5 07/18/28 144A</title>
        <cusip>00928QAX9</cusip>
        <identifiers>
          <isin value="US00928QAX97"/>
          <ticker value="AYR"/>
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        <balance>774000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>796730.94</valUSD>
        <pctVal>0.1313671812</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Alimentation Couche-Tard Inc.</name>
        <lei>549300OSW32RVX8CCZ87</lei>
        <title>Alimentation Couche-Tard Inc. 0% CP 15/07/2026</title>
        <cusip>01626VGF4</cusip>
        <identifiers>
          <isin value="US01626VGF40"/>
          <ticker value="ATDBCN"/>
          <other otherDesc="In-House" value="01626VGF4"/>
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        <balance>1955000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1951883.13</valUSD>
        <pctVal>0.3218318405</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>
        <name>ASHTEAD CAPITAL INC</name>
        <lei>213800J1134IW58IC398</lei>
        <title>AHTLN 4.375 08/15/27 144A</title>
        <cusip>045054AF0</cusip>
        <identifiers>
          <isin value="US045054AF03"/>
          <ticker value="AHTLN"/>
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        <balance>1235000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1230162.38</valUSD>
        <pctVal>0.2028325450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</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>BENCHMARK 2019-B12 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2019-B12 A2</title>
        <cusip>08162FAB9</cusip>
        <identifiers>
          <isin value="US08162FAB94"/>
          <ticker value="BMARK"/>
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        <balance>907970.44</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>890281.63</valUSD>
        <pctVal>0.1467920754</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.000800000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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 1.875 02/28/31</title>
        <cusip>126650DQ0</cusip>
        <identifiers>
          <isin value="US126650DQ03"/>
          <ticker value="CVS"/>
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        <balance>210000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>184192.06</valUSD>
        <pctVal>0.0303700917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIBANK NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-29</maturityDt>
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      <invstOrSec>
        <name>CITIGROUP COMMERCIAL MORTGAGE TRUST 2020-GC46</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <cusip>20754AAB9</cusip>
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      <invstOrSec>
        <name>ALPHABET INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAE SYSTEMS PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CONNECTICUT AVENUE SECURITIES TRUST 2025-R04</name>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>DELL INTERNATIONAL LLC / EMC CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DOMINION ENERGY INC</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FORD CREDIT AUTO OWNER TRUST 2024-A</name>
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          <couponKind>Fixed</couponKind>
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        <name>FOUNDRY JV HOLDCO LLC</name>
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        <name>BANK OF AMERICA AUTO TRUST 2023-2</name>
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          <couponKind>Fixed</couponKind>
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        <name>BANK OF NEW ZEALAND</name>
        <lei>N7LGVZM7X4UQ66T7LT74</lei>
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        <name>MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2013-C10</name>
        <lei>549300P1YQ48837ZOI22</lei>
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        <cusip>61762MBZ3</cusip>
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        <name>MORGAN STANLEY CAPITAL I TRUST 2021-L7</name>
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        <cusip>61772TBN3</cusip>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Variable</couponKind>
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        <name>Extra Space Storage LP</name>
        <lei>549300YNKSKNZFR8UC42</lei>
        <title>Extra Space Storage LP 0% CP 21/07/2026</title>
        <cusip>30227QGM2</cusip>
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          <ticker value="EXR"/>
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        <curCd>USD</curCd>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>FLUTTER TREASURY DAC</name>
        <lei>635400JE8VLL9UFVIC38</lei>
        <title>FLTR 5.875 06/04/31 144A</title>
        <cusip>344045AB5</cusip>
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          <ticker value="FLTR"/>
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        <balance>645000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-04</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2023-HQA3</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2021-DNA7</name>
        <lei>5493000ISOMSKCX2AW62</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2025-DNA3</name>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2025-DNA4</name>
        <lei>529900ZVQVVVNGMGDO97</lei>
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      <invstOrSec>
        <name>GS MORTGAGE SECURITIES TRUST 2015-GS1</name>
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      <invstOrSec>
        <name>GEORGIA-PACIFIC LLC</name>
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        <title>GP 4.6 05/15/31 144A</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST</name>
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          <isin value="US35564UCR68"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>GS MORTGAGE SECURITIES TRUST 2015-GS1</name>
        <lei>549300WZ62L3Y22NOZ64</lei>
        <title>GSMS 2017-GS5 A4</title>
        <cusip>36252HAD3</cusip>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ALPHABET INC</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>GOOGL 4.1 02/15/31</title>
        <cusip>02079KBK2</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2023-2</name>
        <lei>N/A</lei>
        <title>AMCAR 2023-2 C</title>
        <cusip>03065UAF6</cusip>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST 2025-HB1</name>
        <lei>254900ZFKOWCY24MSQ94</lei>
        <title>AOMT 2025-HB1 A1</title>
        <cusip>034936AA2</cusip>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>AvalonBay Communities, Inc.</name>
        <lei>K9G90K85RBWD2LAGQX17</lei>
        <title>AvalonBay Communities, Inc. 0% CP 07/07/2026</title>
        <cusip>05348BG74</cusip>
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          <isin value="US05348BG748"/>
          <ticker value="AVB"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAIN CAPITAL CREDIT CLO 2022-2 LTD</name>
        <lei>25490019LJUEIVBTZR14</lei>
        <title>BCC 2022-2A A1R</title>
        <cusip>05682GAQ1</cusip>
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          <ticker value="BCC"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GE HEALTHCARE TECHNOLOGIES INC</name>
        <lei>549300OI9J7XOWZMUN85</lei>
        <title>GEHC 4.8 08/14/29</title>
        <cusip>36266GAA5</cusip>
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          <isin value="US36266GAA58"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GEORGIA-PACIFIC LLC</name>
        <lei>L2EVHWFHVAQK72TMH265</lei>
        <title>GP 4.4 06/30/28 144A</title>
        <cusip>37331NAR2</cusip>
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          <ticker value="GP"/>
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        <curCd>USD</curCd>
        <valUSD>312862.81</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MOTOROLA SOLUTIONS INC</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>MSI 2.3 11/15/30</title>
        <cusip>620076BT5</cusip>
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          <isin value="US620076BT59"/>
          <ticker value="MSI"/>
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        <balance>390000</balance>
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        <curCd>USD</curCd>
        <valUSD>351802.38</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>2030-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NETFLIX INC</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>NFLX 5.375 11/15/29 144A</title>
        <cusip>64110LAU0</cusip>
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          <ticker value="NFLX"/>
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        <balance>3080000</balance>
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        <curCd>USD</curCd>
        <valUSD>3161190.13</valUSD>
        <pctVal>0.5212256933</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>5.375000000000</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>NEXTERA ENERGY CAPITAL HOLDINGS INC</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NEE 4.685 09/01/27</title>
        <cusip>65339KCL2</cusip>
        <identifiers>
          <isin value="US65339KCL26"/>
          <ticker value="NEE"/>
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        <balance>260000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>260594.97</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.685000000000</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>NISSAN AUTO RECEIVABLES 2025-B OWNER TRUST</name>
        <lei>N/A</lei>
        <title>NAROT 2025-B A2A</title>
        <cusip>65490DAB7</cusip>
        <identifiers>
          <isin value="US65490DAB73"/>
          <ticker value="NAROT"/>
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        <balance>284000</balance>
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        <curCd>USD</curCd>
        <valUSD>283696.63</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>2028-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>NOVARTIS CAPITAL CORP</name>
        <lei>5493002KF87V5RSRQS84</lei>
        <title>NOVNVX 4.4 03/18/31</title>
        <cusip>66989HBG2</cusip>
        <identifiers>
          <isin value="US66989HBG20"/>
          <ticker value="NOVNVX"/>
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        <balance>970000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>962870.13</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>2031-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.400000000000</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>
        <name>NVIDIA CORP</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVDA 4.5 06/15/31</title>
        <cusip>67066GAR5</cusip>
        <identifiers>
          <isin value="US67066GAR56"/>
          <ticker value="NVDA"/>
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        <balance>3090000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3079060</valUSD>
        <pctVal>0.5076838524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>HALSEYPOINT CLO 4 LTD</name>
        <lei>549300CMJUK1VCINNF57</lei>
        <title>HLSY 2021-4A A</title>
        <cusip>40637LAA8</cusip>
        <identifiers>
          <isin value="US40637LAA89"/>
          <ticker value="HLSY"/>
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        <balance>800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>800152.81</valUSD>
        <pctVal>0.1319313885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.156840000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>HEWLETT PACKARD ENTERPRISE COMPANY</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>HPE 4.55 10/15/29</title>
        <cusip>42824CBT5</cusip>
        <identifiers>
          <isin value="US42824CBT53"/>
          <ticker value="HPE"/>
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        <balance>1922000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1910667.78</valUSD>
        <pctVal>0.3150361406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.550000000000</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>GLENCORE FUNDING LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
        <title>GLENLN 6.125 10/06/28 144A</title>
        <cusip>378272BN7</cusip>
        <identifiers>
          <isin value="US378272BN78"/>
          <ticker value="GLENLN"/>
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        <balance>706000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>726093.44</valUSD>
        <pctVal>0.1197202766</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-06</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>
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      </invstOrSec>
      <invstOrSec>
        <name>HYATT HOTELS CORP</name>
        <lei>T27JQIMTYSH41TCD5186</lei>
        <title>H 5.05 03/30/28</title>
        <cusip>448579AU6</cusip>
        <identifiers>
          <isin value="US448579AU63"/>
          <ticker value="H"/>
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        <balance>574000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>577461.19</valUSD>
        <pctVal>0.0952133838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.050000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>JPMCC COMMERCIAL MORTGAGE SECURITIES TRUST 2016-JP3</name>
        <lei>N/A</lei>
        <title>JPMCC 2016-JP3 AS</title>
        <cusip>46590RAJ8</cusip>
        <identifiers>
          <isin value="US46590RAJ86"/>
          <ticker value="JPMCC"/>
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        <balance>744000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>721302.94</valUSD>
        <pctVal>0.1189304058</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.144000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>JP MORGAN CHASE &amp; COMPANY</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPM V4.347 01/22/32</title>
        <cusip>46647PFG6</cusip>
        <identifiers>
          <isin value="US46647PFG63"/>
          <ticker value="JPM"/>
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        <balance>750000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>734685.31</valUSD>
        <pctVal>0.1211369277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.347000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF AMERICA MERRILL LYNCH COMMERCIAL MORTGAGE TRUST 2017-BNK3</name>
        <lei>N/A</lei>
        <title>BACM 2017-BNK3 B</title>
        <cusip>06427DAW3</cusip>
        <identifiers>
          <isin value="US06427DAW39"/>
          <ticker value="BACM"/>
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        <balance>786000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>775653.88</valUSD>
        <pctVal>0.1278919378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.879000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>BARROW HANLEY CLO III LTD</name>
        <lei>N/A</lei>
        <title>BARHN 2024-3A AR</title>
        <cusip>06875VAQ3</cusip>
        <identifiers>
          <isin value="US06875VAQ32"/>
          <ticker value="BARHN"/>
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        <balance>3000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3001500</valUSD>
        <pctVal>0.4948955470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.000000000000</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>
        <name>O'Reilly Automotive Inc.</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>O'Reilly Automotive Inc. 0% CP 06/07/2026</title>
        <cusip>67117HG62</cusip>
        <identifiers>
          <isin value="US67117HG624"/>
          <ticker value="ORLY"/>
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        <balance>1975000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1973901.63</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>OCTAGON INVESTMENT PARTNERS 49 LTD</name>
        <lei>N/A</lei>
        <title>OCT49 2020-5A ARR</title>
        <cusip>67578FBA4</cusip>
        <identifiers>
          <isin value="US67578FBA49"/>
          <ticker value="OCT49"/>
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        <balance>2780000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2775549.25</valUSD>
        <pctVal>0.4576401680</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</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>BENCHMARK 2020-B22 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2020-B22 XA</title>
        <cusip>08163BBF7</cusip>
        <identifiers>
          <isin value="US08163BBF76"/>
          <ticker value="BMARK"/>
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        <balance>3958021.75</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>210170.16</valUSD>
        <pctVal>0.0346534320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.488192000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>BERRY GLOBAL INC</name>
        <lei>549300AP2Q7ERHX6RI89</lei>
        <title>AMCR 1.65 01/15/27</title>
        <cusip>08576PAF8</cusip>
        <identifiers>
          <isin value="US08576PAF80"/>
          <ticker value="AMCR"/>
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        <balance>1205000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1186893.13</valUSD>
        <pctVal>0.1956981925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.650000000000</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>ICON INVESTMENTS SIX DAC</name>
        <lei>635400FQ1M7J2CHLAS59</lei>
        <title>ICLR 5.809 05/08/27</title>
        <cusip>45115AAA2</cusip>
        <identifiers>
          <isin value="US45115AAA25"/>
          <ticker value="ICLR"/>
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        <balance>275000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>277164.03</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ICON INVESTMENTS SIX DAC</name>
        <lei>635400FQ1M7J2CHLAS59</lei>
        <title>ICLR 5.849 05/08/29</title>
        <cusip>45115AAB0</cusip>
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        <balance>200000</balance>
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        <curCd>USD</curCd>
        <valUSD>204359.59</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.849000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORCL 4.95 02/04/31</title>
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          <isin value="US68389XDX03"/>
          <ticker value="ORCL"/>
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        <balance>2370000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2320305.31</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>2031-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.950000000000</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>PK ALIFT LOAN FUNDING 3 LP</name>
        <lei>N/A</lei>
        <title>PKAIR 2025-2 A</title>
        <cusip>69291NAA0</cusip>
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          <isin value="US69291NAA00"/>
          <ticker value="PKAIR"/>
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        <balance>229698.03</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>227804.19</valUSD>
        <pctVal>0.0375609792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.750000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KELLANOVA</name>
        <lei>LONOZNOJYIBXOHXWDB86</lei>
        <title>K 7.45 04/01/31 B</title>
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          <isin value="US487836AT55"/>
          <ticker value="K"/>
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        <balance>71000</balance>
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        <curCd>USD</curCd>
        <valUSD>79317.74</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.450000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kenvue Inc.</name>
        <lei>5493008HSF8L4M2LIJ82</lei>
        <title>Kenvue Inc. 0% CP 13/07/2026</title>
        <cusip>49177GGD4</cusip>
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          <isin value="US49177GGD43"/>
          <ticker value="KVUE"/>
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        <balance>2500000</balance>
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        <curCd>USD</curCd>
        <valUSD>2496870</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-13</maturityDt>
          <couponKind>None</couponKind>
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          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BANK5 2024-5YR7</name>
        <lei>N/A</lei>
        <title>BANK5 2024-5YR7 XA</title>
        <cusip>06211UBR5</cusip>
        <identifiers>
          <isin value="US06211UBR59"/>
          <ticker value="BANK5"/>
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        <balance>9143657</balance>
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        <curCd>USD</curCd>
        <valUSD>306700.22</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>2057-06-15</maturityDt>
          <couponKind>Variable</couponKind>
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          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BENCHMARK 2024-V10 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BMARK 2024-V10 XA</title>
        <cusip>08163UAD1</cusip>
        <identifiers>
          <isin value="US08163UAD19"/>
          <ticker value="BMARK"/>
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        <balance>8392952</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>300861.31</valUSD>
        <pctVal>0.0496068374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-09-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.522311000000</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>PACIFIC GAS &amp; ELECTRIC COMPANY</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PCG 3 06/15/28</title>
        <cusip>694308JW8</cusip>
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          <ticker value="PCG"/>
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        <balance>2413000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2335053.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</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>
        <name>PALOMINO FUNDING TRUST I</name>
        <lei>N/A</lei>
        <title>VST 7.233 05/17/28</title>
        <cusip>69754AAA8</cusip>
        <identifiers>
          <isin value="US69754AAA88"/>
          <ticker value="VST"/>
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        <balance>680000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>705595.5</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.233000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>INTERCONTINENTAL EXCHANGE INC</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>INTERCONTINENTAL EXCHANGE INC 0% CP 02/07/2026</title>
        <cusip>45856XG27</cusip>
        <identifiers>
          <isin value="US45856XG274"/>
          <ticker value="ICE"/>
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        <balance>1440000</balance>
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        <curCd>USD</curCd>
        <valUSD>1439839.13</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2013-C12</name>
        <lei>N/A</lei>
        <title>JPMBB 2014-C23 B</title>
        <cusip>46643ABK8</cusip>
        <identifiers>
          <isin value="US46643ABK88"/>
          <ticker value="JPMBB"/>
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        <curCd>USD</curCd>
        <valUSD>460209.13</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>
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          <couponKind>Variable</couponKind>
          <annualizedRt>4.522065000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST 2015-C21</name>
        <lei>N/A</lei>
        <title>MSBAM 2015-C21 B</title>
        <cusip>61764XBM6</cusip>
        <identifiers>
          <isin value="US61764XBM65"/>
          <ticker value="MSBAM"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>171492.55</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>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.854000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>OAKTREE CLO 2021-1 LTD</name>
        <lei>N/A</lei>
        <title>OAKCL 2021-1A A1R</title>
        <cusip>67402JAN1</cusip>
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          <isin value="US67402JAN19"/>
          <ticker value="OAKCL"/>
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        <balance>429000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>429136.84</valUSD>
        <pctVal>0.0707572584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.023100000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>BOFA AUTO TRUST 2024-1</name>
        <lei>N/A</lei>
        <title>BAAT 2024-1A A3</title>
        <cusip>09709AAC6</cusip>
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          <isin value="US09709AAC62"/>
          <ticker value="BAAT"/>
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        <curCd>USD</curCd>
        <valUSD>267810.09</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.350000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRAVO RESIDENTIAL FUNDING TRUST 2022-NQM3</name>
        <lei>N/A</lei>
        <title>BRAVO 2023-NQM4 A1</title>
        <cusip>10569YAA5</cusip>
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          <isin value="US10569YAA55"/>
          <ticker value="BRAVO"/>
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        <curCd>USD</curCd>
        <valUSD>108201.24</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.435000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>BOEING COMPANY (THE)</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BA 6.298 05/01/29</title>
        <cusip>097023DQ5</cusip>
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          <isin value="US097023DQ55"/>
          <ticker value="BA"/>
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        <curCd>USD</curCd>
        <valUSD>4288037.69</valUSD>
        <pctVal>0.7070234077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.298000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CITIBANK NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>C V4.846 06/18/32</title>
        <cusip>17325FBV9</cusip>
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          <isin value="US17325FBV94"/>
          <ticker value="C"/>
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        <balance>870000</balance>
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        <curCd>USD</curCd>
        <valUSD>869379.56</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>2032-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RIO TINTO FINANCE (USA) PLC</name>
        <lei>2138006TSNBEUA761G16</lei>
        <title>RIOLN 4.875 03/14/30</title>
        <cusip>76720AAS5</cusip>
        <identifiers>
          <isin value="US76720AAS50"/>
          <ticker value="RIOLN"/>
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        <balance>429000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>433053.53</valUSD>
        <pctVal>0.0714030530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000</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>ROGERS COMMUNICATIONS INC</name>
        <lei>5493000M6Z4XFIP6PF03</lei>
        <title>RCICN 5 02/15/29</title>
        <cusip>775109DE8</cusip>
        <identifiers>
          <isin value="US775109DE81"/>
          <ticker value="RCICN"/>
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        <balance>1159000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1166034.5</valUSD>
        <pctVal>0.1922589644</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>
      <invstOrSec>
        <name>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP</name>
        <lei>N/A</lei>
        <title>CHTR 5 02/01/28 144A</title>
        <cusip>1248EPBX0</cusip>
        <identifiers>
          <isin value="US1248EPBX05"/>
          <ticker value="CHTR"/>
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        <balance>1325000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1308400.25</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COMM 2014-UBS2 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2014-CR14 B</title>
        <cusip>12630DBB9</cusip>
        <identifiers>
          <isin value="US12630DBB91"/>
          <ticker value="COMM"/>
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        <balance>131972.02</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>129992.43</valUSD>
        <pctVal>0.0214335082</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>Variable</couponKind>
          <annualizedRt>3.188790000000</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>SOUTH BOW USA INFRASTRUCTURE HOLDINGS LLC</name>
        <lei>254900Z1WAY7QFQ7O850</lei>
        <title>SOBOCN 5.026 10/01/29</title>
        <cusip>83007CAD4</cusip>
        <identifiers>
          <isin value="US83007CAD48"/>
          <ticker value="SOBOCN"/>
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        <balance>223000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>223763.88</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>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.026000000000</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>SOUTHERN COMPANY (THE)</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>SO 5.5 03/15/29</title>
        <cusip>842587DS3</cusip>
        <identifiers>
          <isin value="US842587DS35"/>
          <ticker value="SO"/>
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        <balance>553000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>565505.31</valUSD>
        <pctVal>0.0932420655</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>5.500000000000</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>CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-B1</name>
        <lei>N/A</lei>
        <title>CGCMT 2017-B1 AS</title>
        <cusip>17326CBB9</cusip>
        <identifiers>
          <isin value="US17326CBB90"/>
          <ticker value="CGCMT"/>
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        <balance>697000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>683880</valUSD>
        <pctVal>0.1127600089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.711000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CONNECTICUT AVENUE SECURITIES TRUST 2025-R03</name>
        <lei>N/A</lei>
        <title>CAS 2025-R02 1A1</title>
        <cusip>20754TAB8</cusip>
        <identifiers>
          <isin value="US20754TAB89"/>
          <ticker value="CAS"/>
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        <balance>151286.47</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>151482.59</valUSD>
        <pctVal>0.0249768646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-02-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.627760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>DEVON ENERGY CORP</name>
        <lei>54930042348RKR3ZPN35</lei>
        <title>DVN 3.9 05/15/27 144A</title>
        <cusip>25179MBJ1</cusip>
        <identifiers>
          <isin value="US25179MBJ18"/>
          <ticker value="DVN"/>
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        <balance>1310000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1300900.38</valUSD>
        <pctVal>0.2144960204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000</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>GM FINANCIAL REVOLVING RECEIVABLES TRUST 2024-1</name>
        <lei>N/A</lei>
        <title>GMREV 2024-1 A</title>
        <cusip>36269KAA3</cusip>
        <identifiers>
          <isin value="US36269KAA34"/>
          <ticker value="GMREV"/>
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        <balance>728000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>737168.13</valUSD>
        <pctVal>0.1215463018</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.980000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CARNIVAL CORP LTD</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
        <title>CCL 5.75 03/15/30 144A</title>
        <cusip>143658BY7</cusip>
        <identifiers>
          <isin value="US143658BY77"/>
          <ticker value="CCL"/>
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        <balance>1562000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1581271.96</valUSD>
        <pctVal>0.2607244550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO (IL), CITY OF</name>
        <lei>T5UYO5SYLC8K73MJQX30</lei>
        <title>IL CHI 7.04 01/01/2029</title>
        <cusip>167486M97</cusip>
        <identifiers>
          <isin value="US167486M978"/>
          <ticker value="CHI"/>
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        <balance>275000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>280293.72</valUSD>
        <pctVal>0.0462155968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.045000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>STATION PLACE SECURITIZATION TRUST SERIES 2025-7</name>
        <lei>N/A</lei>
        <title>SPST 2025-7 A</title>
        <cusip>85779XAA5</cusip>
        <identifiers>
          <isin value="US85779XAA54"/>
          <ticker value="SPST"/>
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        <balance>1849000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1850553.38</valUSD>
        <pctVal>0.3051243136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</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>TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV</name>
        <lei>5493004T21MOAFINJP35</lei>
        <title>TEVA 6.75 03/01/28</title>
        <cusip>88167AAK7</cusip>
        <identifiers>
          <isin value="US88167AAK79"/>
          <ticker value="TEVA"/>
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        <balance>1500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1535018.13</valUSD>
        <pctVal>0.2530979967</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.750000000000</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>A&amp;D MORTGAGE TRUST 2023-NQM5</name>
        <lei>984500L072D83D1AA637</lei>
        <title>ADMT 2023-NQM5 A1</title>
        <cusip>00249XAA6</cusip>
        <identifiers>
          <isin value="US00249XAA63"/>
          <ticker value="ADMT"/>
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        <balance>1775311.88</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1782142.13</valUSD>
        <pctVal>0.2938444792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.049000000000</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>Penske Truck Leasing Co LP / PTL Finance Corp.</name>
        <lei>549300ZX07JYMI8GHQ39</lei>
        <title>Penske Truck Leasing Co LP / PTL Finance Corp. 0% CP 02/07/2026</title>
        <cusip>70962BG24</cusip>
        <identifiers>
          <isin value="US70962BG241"/>
          <ticker value="PENSKE"/>
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        <balance>830000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>829907.06</valUSD>
        <pctVal>0.1368373508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-02</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>Penske Truck Leasing Co LP / PTL Finance Corp.</name>
        <lei>549300ZX07JYMI8GHQ39</lei>
        <title>Penske Truck Leasing Co LP / PTL Finance Corp. 0% CP 07/07/2026</title>
        <cusip>70962BG73</cusip>
        <identifiers>
          <isin value="US70962BG738"/>
          <ticker value="PENSKE"/>
        </identifiers>
        <balance>755000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>754492.88</valUSD>
        <pctVal>0.1244028541</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-07</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>TEVA PHARMACEUTICAL FINANCE NETHERLANDS IV BV</name>
        <lei>549300GKSD1RG56QRY33</lei>
        <title>TEVA 5.75 12/01/30</title>
        <cusip>881937AA4</cusip>
        <identifiers>
          <isin value="US881937AA41"/>
          <ticker value="TEVA"/>
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        <balance>705000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>722235.13</valUSD>
        <pctVal>0.1190841079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-01</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>
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      </invstOrSec>
      <invstOrSec>
        <name>VICI PROPERTIES LP / VICI NOTE CO INC</name>
        <lei>N/A</lei>
        <title>VICI 3.75 02/15/27 144A</title>
        <cusip>92564RAD7</cusip>
        <identifiers>
          <isin value="US92564RAD70"/>
          <ticker value="VICI"/>
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        <balance>879000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>873538.65</valUSD>
        <pctVal>0.1440314469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000</annualizedRt>
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      <invstOrSec>
        <name>JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2013-C12</name>
        <lei>N/A</lei>
        <title>JPMBB 2014-C23 C</title>
        <cusip>46643ABL6</cusip>
        <identifiers>
          <isin value="US46643ABL61"/>
          <ticker value="JPMBB"/>
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        <balance>709824</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>687819.45</valUSD>
        <pctVal>0.1134095562</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.522065000000</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>JP MORGAN CHASE &amp; COMPANY</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPM V1.47 09/22/27</title>
        <cusip>46647PCP9</cusip>
        <identifiers>
          <isin value="US46647PCP99"/>
          <ticker value="JPM"/>
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        <balance>1986000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1972784.63</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.470000000000</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>JP MORGAN CHASE &amp; COMPANY</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPM V4.255 10/22/31</title>
        <cusip>46647PFD3</cusip>
        <identifiers>
          <isin value="US46647PFD33"/>
          <ticker value="JPM"/>
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        <balance>755000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>738089</valUSD>
        <pctVal>0.1216981374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.255000000000</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>JPMCC COMMERCIAL MORTGAGE SECURITIES TRUST 2017-JP5</name>
        <lei>N/A</lei>
        <title>JPMCC 2017-JP5 AS</title>
        <cusip>46647TAX6</cusip>
        <identifiers>
          <isin value="US46647TAX63"/>
          <ticker value="JPMCC"/>
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        <balance>571000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>555926.56</valUSD>
        <pctVal>0.0916626950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.875600000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>CAS 2025-R03 2A1</title>
        <cusip>20754VAA5</cusip>
        <identifiers>
          <isin value="US20754VAA52"/>
          <ticker value="CAS"/>
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        <balance>433535.25</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>435610.81</valUSD>
        <pctVal>0.0718247043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.077760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>CAS 2025-R01 1M1</title>
        <cusip>20755JAB9</cusip>
        <identifiers>
          <isin value="US20755JAB98"/>
          <ticker value="FNMA"/>
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        <balance>90982.61</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>90997.17</valUSD>
        <pctVal>0.0150038628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.727760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>HONEYWELL AEROSPACE INC</name>
        <lei>213800ZUAQRBYL67JS90</lei>
        <title>HONA 4.3 03/16/31 144A</title>
        <cusip>43849RAE5</cusip>
        <identifiers>
          <isin value="US43849RAE53"/>
          <ticker value="HONA"/>
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        <balance>705000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>692831.44</valUSD>
        <pctVal>0.1142359468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.300000000000</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>HYDRO ONE INC</name>
        <lei>549300X54QEYZVDC8R04</lei>
        <title>HYDONE 4.75 05/30/31</title>
        <cusip>448810AD3</cusip>
        <identifiers>
          <isin value="US448810AD30"/>
          <ticker value="HYDONE"/>
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        <balance>870000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>871653.94</valUSD>
        <pctVal>0.1437206908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-30</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST 2021-3</name>
        <lei>N/A</lei>
        <title>AOMT 2021-3 A3</title>
        <cusip>03465EAC5</cusip>
        <identifiers>
          <isin value="US03465EAC57"/>
          <ticker value="AOMT"/>
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        <balance>319714.53</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>278475.75</valUSD>
        <pctVal>0.0459158450</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.459000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>ANGLO AMERICAN PLC</name>
        <lei>549300S9XF92D1X8ME43</lei>
        <title>AALLN 4.625 03/19/31 144A</title>
        <cusip>034863BG4</cusip>
        <identifiers>
          <isin value="US034863BG48"/>
          <ticker value="AALLN"/>
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        <balance>615000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>605961.63</valUSD>
        <pctVal>0.0999126145</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOEING COMPANY (THE)</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>BA 6.259 05/01/27</title>
        <cusip>097023DP7</cusip>
        <identifiers>
          <isin value="US097023DP72"/>
          <ticker value="BA"/>
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        <balance>181000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.259000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>COMM 2025-SBX MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2025-SBX A</title>
        <cusip>20047UAA4</cusip>
        <identifiers>
          <isin value="US20047UAA43"/>
          <ticker value="COMM"/>
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        <balance>610000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>605965.38</valUSD>
        <pctVal>0.0999132328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.432202300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>JP MORGAN MORTGAGE TRUST 2023-HE2</name>
        <lei>N/A</lei>
        <title>JPMMT 2023-HE2 A1</title>
        <cusip>46657FAA3</cusip>
        <identifiers>
          <isin value="US46657FAA30"/>
          <ticker value="JPMMT"/>
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        <balance>217171.61</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>217621.92</valUSD>
        <pctVal>0.0358820987</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.340140000000</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>JANE STREET GROUP LLC / JSG FINANCE INC</name>
        <lei>N/A</lei>
        <title>JANEST 4.5 11/15/29 144A</title>
        <cusip>47077WAA6</cusip>
        <identifiers>
          <isin value="US47077WAA62"/>
          <ticker value="JANEST"/>
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        <balance>1500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1462032.97</valUSD>
        <pctVal>0.2410640035</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>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>Penske Truck Leasing Co LP / PTL Finance Corp.</name>
        <lei>549300ZX07JYMI8GHQ39</lei>
        <title>Penske Truck Leasing Co LP / PTL Finance Corp. 0% CP 09/07/2026</title>
        <cusip>70962BG99</cusip>
        <identifiers>
          <isin value="US70962BG993"/>
          <ticker value="PENSKE"/>
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        <balance>1090000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1089023.38</valUSD>
        <pctVal>0.1795611599</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-09</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>Penske Truck Leasing Co LP / PTL Finance Corp.</name>
        <lei>549300ZX07JYMI8GHQ39</lei>
        <title>Penske Truck Leasing Co LP / PTL Finance Corp. 0% CP 14/07/2026</title>
        <cusip>70962BGE8</cusip>
        <identifiers>
          <isin value="US70962BGE83"/>
          <ticker value="PENSKE"/>
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        <balance>975000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>973582.44</valUSD>
        <pctVal>0.1605269413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-14</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>CROSS 2024-H1 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CROSS 2024-H1 A1</title>
        <cusip>22757AAA4</cusip>
        <identifiers>
          <isin value="US22757AAA43"/>
          <ticker value="CROSS"/>
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        <balance>319342.63</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>319859.19</valUSD>
        <pctVal>0.0527392600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.085000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK AG NEW YORK BRANCH</name>
        <lei>N/A</lei>
        <title>DB V2.311 11/16/27</title>
        <cusip>251526CP2</cusip>
        <identifiers>
          <isin value="US251526CP29"/>
          <ticker value="DB"/>
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        <balance>927000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>919255</valUSD>
        <pctVal>0.1515692840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.311000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>JEFFERIES FINANCIAL GROUP INC</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>JEF 4.5 09/15/26 MTN</title>
        <cusip>47233WKS7</cusip>
        <identifiers>
          <isin value="US47233WKS79"/>
          <ticker value="JEF"/>
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        <balance>745000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>744456</valUSD>
        <pctVal>0.1227479458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-15</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>
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      <invstOrSec>
        <name>LPL HOLDINGS INC</name>
        <lei>549300Z5YF8CCRMYUL26</lei>
        <title>LPLA 4 03/15/29 144A</title>
        <cusip>50212YAD6</cusip>
        <identifiers>
          <isin value="US50212YAD67"/>
          <ticker value="LPLA"/>
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        <balance>330000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>320799</valUSD>
        <pctVal>0.0528942184</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>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>
        <name>MADISON PARK FUNDING L LTD</name>
        <lei>549300XQII222AK58E79</lei>
        <title>MDPK 2021-50A AR</title>
        <cusip>55821FAJ6</cusip>
        <identifiers>
          <isin value="US55821FAJ66"/>
          <ticker value="MDPK"/>
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        <balance>1100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1100078.13</valUSD>
        <pctVal>0.1813838973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</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>MARRIOTT INTERNATIONAL INC</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>MAR 4 04/15/28 X</title>
        <cusip>571903AY9</cusip>
        <identifiers>
          <isin value="US571903AY99"/>
          <ticker value="MAR"/>
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        <balance>335000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>332149.06</valUSD>
        <pctVal>0.0547656474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</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>
        <name>MONDELEZ INTERNATIONAL HOLDINGS NETHERLANDS BV</name>
        <lei>549300CW356R8I7N8D33</lei>
        <title>MDLZ 1.25 09/24/26 144A</title>
        <cusip>60920LAR5</cusip>
        <identifiers>
          <isin value="US60920LAR50"/>
          <ticker value="MDLZ"/>
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        <balance>3310000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3286981</valUSD>
        <pctVal>0.5419664368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-24</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>
        <name>NEXTERA ENERGY CAPITAL HOLDINGS INC</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NEE 5.05 03/15/30</title>
        <cusip>65339KDJ6</cusip>
        <identifiers>
          <isin value="US65339KDJ60"/>
          <ticker value="NEE"/>
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        <balance>2103000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2130011.19</valUSD>
        <pctVal>0.3512020833</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.050000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PHILIP MORRIS INTERNATIONAL INC</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PM 5.125 02/15/30</title>
        <cusip>718172DA4</cusip>
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          <ticker value="PM"/>
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        <balance>1115000</balance>
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        <curCd>USD</curCd>
        <valUSD>1131901</valUSD>
        <pctVal>0.1866309394</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>5.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ROYALTY PHARMA PLC</name>
        <lei>549300FGFN7VOK8BZR03</lei>
        <title>RPRX 2.2 09/02/30</title>
        <cusip>78081BAK9</cusip>
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          <ticker value="RPRX"/>
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        <balance>825000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>745508.75</valUSD>
        <pctVal>0.1229215261</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.200000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EQUINIX ASIA FINANCING CORP PTE LTD</name>
        <lei>2549002E9B0F5FQ3X427</lei>
        <title>EQIX 4.4 03/15/31</title>
        <cusip>29447KAA3</cusip>
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          <ticker value="EQIX"/>
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        <balance>410000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>400748.41</valUSD>
        <pctVal>0.0660764963</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.400000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2025-DNA2</name>
        <lei>529900XX8WXEM4FBIH80</lei>
        <title>STACR 2025-DNA2 M1</title>
        <cusip>35564NHZ9</cusip>
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          <isin value="US35564NHZ96"/>
          <ticker value="STACR"/>
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        <balance>662761.5</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>662957</valUSD>
        <pctVal>0.1093101673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.827760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>S&amp;P GLOBAL INC</name>
        <lei>Y6X4K52KMJMZE7I7MY94</lei>
        <title>SPGI 2.5 12/01/29</title>
        <cusip>78409VAP9</cusip>
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          <ticker value="SPGI"/>
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        <balance>655000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>612439.19</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>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TAYLOR MORRISON COMMUNITIES INC</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>TMHC 5.125 08/01/30 144A</title>
        <cusip>87724RAJ1</cusip>
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          <ticker value="TMHC"/>
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        <balance>805000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>805968.69</valUSD>
        <pctVal>0.1328903267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</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>
      <invstOrSec>
        <name>JPMDB COMMERCIAL MORTGAGE SECURITIES TRUST 2019-COR6</name>
        <lei>N/A</lei>
        <title>JPMDB 2019-COR6 A2</title>
        <cusip>48129RAV7</cusip>
        <identifiers>
          <isin value="US48129RAV78"/>
          <ticker value="JPMDB"/>
          <other otherDesc="In-House" value="48129RAV7"/>
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        <balance>884718.38</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>861850</valUSD>
        <pctVal>0.1421041903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.946400000000</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>KEURIG DR PEPPER INC</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KDP 2.25 03/15/31 31*</title>
        <cusip>49271VAN0</cusip>
        <identifiers>
          <isin value="US49271VAN01"/>
          <ticker value="KDP"/>
        </identifiers>
        <balance>1540000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1368945.06</valUSD>
        <pctVal>0.2257154137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.250000000000</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>VICI PROPERTIES INC</name>
        <lei>254900RKH6RY9KCJQH63</lei>
        <title>VICI 4.5 09/01/26 144A</title>
        <cusip>92564RAH8</cusip>
        <identifiers>
          <isin value="US92564RAH84"/>
          <ticker value="VICI"/>
        </identifiers>
        <balance>698000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>697581.38</valUSD>
        <pctVal>0.1150191300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>VICI PROPERTIES LP / VICI NOTE CO INC</name>
        <lei>N/A</lei>
        <title>VICI 3.875 02/15/29 144A</title>
        <cusip>92564RAL9</cusip>
        <identifiers>
          <isin value="US92564RAL96"/>
          <ticker value="VICI"/>
        </identifiers>
        <balance>1480000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1437900.75</valUSD>
        <pctVal>0.2370850169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</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>Penske Truck Leasing Co LP / PTL Finance Corp.</name>
        <lei>549300ZX07JYMI8GHQ39</lei>
        <title>Penske Truck Leasing Co LP / PTL Finance Corp. 0% CP 22/07/2026</title>
        <cusip>70962BGN8</cusip>
        <identifiers>
          <isin value="US70962BGN82"/>
          <ticker value="PENSKE"/>
        </identifiers>
        <balance>645000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>643482.5</valUSD>
        <pctVal>0.1060991584</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-22</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT (PA)</name>
        <lei>549300DIY68KQZEW7M79</lei>
        <title>PA PHIDEV 6.55 10/15/2028</title>
        <cusip>71781LBH1</cusip>
        <identifiers>
          <isin value="US71781LBH15"/>
          <ticker value="PHIDEV"/>
        </identifiers>
        <balance>465000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>484716.66</valUSD>
        <pctVal>0.0799214115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.550000000000</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>PHILADELPHIA PA REDEV AUTH</name>
        <lei>N/A</lei>
        <title>PA PHIDEV 4.13 11/01/2030</title>
        <cusip>717868KK8</cusip>
        <identifiers>
          <isin value="US717868KK87"/>
          <ticker value="PHIDEV"/>
        </identifiers>
        <balance>310000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>304519.53</valUSD>
        <pctVal>0.0502100148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.132000000000</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>PHILIP MORRIS INTERNATIONAL INC</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PM 4.625 11/01/29</title>
        <cusip>718172DN6</cusip>
        <identifiers>
          <isin value="US718172DN66"/>
          <ticker value="PM"/>
        </identifiers>
        <balance>814000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>815303.12</valUSD>
        <pctVal>0.1344294131</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625000000000</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>ELI LILLY &amp; COMPANY</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
        <title>LLY 4.375 05/20/31</title>
        <cusip>532457DL9</cusip>
        <identifiers>
          <isin value="US532457DL93"/>
          <ticker value="LLY"/>
        </identifiers>
        <balance>950000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>942688</valUSD>
        <pctVal>0.1554329813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-20</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>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS V5.462 01/05/28</title>
        <cusip>53944YAZ6</cusip>
        <identifiers>
          <isin value="US53944YAZ60"/>
          <ticker value="LLOYDS"/>
        </identifiers>
        <balance>1384000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1391050.25</valUSD>
        <pctVal>0.2293601780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.462000000000</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>CONNECTICUT AVENUE SECURITIES TRUST 2024-R06</name>
        <lei>N/A</lei>
        <title>CAS 2024-R06 1A1</title>
        <cusip>20755RAA3</cusip>
        <identifiers>
          <isin value="US20755RAA32"/>
          <ticker value="FNMA"/>
        </identifiers>
        <balance>128217.66</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>128538.2</valUSD>
        <pctVal>0.0211937307</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-09-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.777760000000</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>DTE ELECTRIC COMPANY</name>
        <lei>9N0FWODEJVKHC2DYLO03</lei>
        <title>DTE 2.625 03/01/31 C</title>
        <cusip>23338VAM8</cusip>
        <identifiers>
          <isin value="US23338VAM81"/>
          <ticker value="DTE"/>
        </identifiers>
        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>548896.69</valUSD>
        <pctVal>0.0905035908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</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>MSCI INC</name>
        <lei>549300HTIN2PD78UB763</lei>
        <title>MSCI 4 11/15/29 144A</title>
        <cusip>55354GAH3</cusip>
        <identifiers>
          <isin value="US55354GAH39"/>
          <ticker value="MSCI"/>
        </identifiers>
        <balance>3554000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3438436.76</valUSD>
        <pctVal>0.5669388776</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>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>MADISON PARK FUNDING XXX LTD</name>
        <lei>549300FFTJ3WPTJK8589</lei>
        <title>MDPK 2018-30A A1R</title>
        <cusip>55821TAL1</cusip>
        <identifiers>
          <isin value="US55821TAL17"/>
          <ticker value="MDPK"/>
        </identifiers>
        <balance>610000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>610710.06</valUSD>
        <pctVal>0.1006955486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.039520000000</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>MARS INC</name>
        <lei>54930073HKEO6GZBSS03</lei>
        <title>MARS 4.65 04/20/31 144A</title>
        <cusip>571676AU9</cusip>
        <identifiers>
          <isin value="US571676AU98"/>
          <ticker value="MARS"/>
        </identifiers>
        <balance>37000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>37030.68</valUSD>
        <pctVal>0.0061057200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000</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>MARS INC</name>
        <lei>54930073HKEO6GZBSS03</lei>
        <title>MARS 4.6 03/01/28 144A</title>
        <cusip>571676AX3</cusip>
        <identifiers>
          <isin value="US571676AX38"/>
          <ticker value="MARS"/>
        </identifiers>
        <balance>2680000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2684751.26</valUSD>
        <pctVal>0.4426691465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.600000000000</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>PUBLIC SERVICE ENTERPRISE GROUP INC</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
        <title>PEG 4.8 06/15/31</title>
        <cusip>744573BC9</cusip>
        <identifiers>
          <isin value="US744573BC96"/>
          <ticker value="PEG"/>
        </identifiers>
        <balance>1065000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1062126.25</valUSD>
        <pctVal>0.1751262873</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.800000000000</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>Realty Income Corporation</name>
        <lei>549300CUWDAUZSH43859</lei>
        <title>Realty Income Corporation 0% CP 02/07/2026</title>
        <cusip>75611NG22</cusip>
        <identifiers>
          <isin value="US75611NG228"/>
          <ticker value="O"/>
        </identifiers>
        <balance>1900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1899791.38</valUSD>
        <pctVal>0.3132428100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-02</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>ERAC USA Finance LLC</name>
        <lei>LTKX5ODQW6Z7BQ2K1V47</lei>
        <title>ERAC USA Finance LLC 0% CP 30/07/2026</title>
        <cusip>26882SGW0</cusip>
        <identifiers>
          <isin value="US26882SGW08"/>
          <ticker value="ENTERP"/>
        </identifiers>
        <balance>1260000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1255984.63</valUSD>
        <pctVal>0.2070901884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-30</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>ELMWOOD CLO 33 LTD</name>
        <lei>N/A</lei>
        <title>ELM33 2024-9RA AR</title>
        <cusip>29001EAA5</cusip>
        <identifiers>
          <isin value="US29001EAA55"/>
          <ticker value="ELM33"/>
        </identifiers>
        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>500884</valUSD>
        <pctVal>0.0825871268</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.052140000000</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>WELLS FARGO COMMERCIAL MORTGAGE TRUST 2017-RB1</name>
        <lei>N/A</lei>
        <title>WFCM 2017-RB1 A5</title>
        <cusip>95000TBS4</cusip>
        <identifiers>
          <isin value="US95000TBS42"/>
          <ticker value="WFCM"/>
        </identifiers>
        <balance>854000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>841930.94</valUSD>
        <pctVal>0.1388198811</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.635000000000</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>WORLD OMNI AUTO RECEIVABLES TRUST 2026-A</name>
        <lei>N/A</lei>
        <title>WOART 2026-B A3</title>
        <cusip>98165AAD4</cusip>
        <identifiers>
          <isin value="US98165AAD46"/>
          <ticker value="WOART"/>
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        <balance>308000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>307377.75</valUSD>
        <pctVal>0.0506812859</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.370000000000</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>MORGAN STANLEY CAPITAL I TRUST 2016-BNK2</name>
        <lei>N/A</lei>
        <title>MSC 2016-BNK2 A4</title>
        <cusip>61690YBU5</cusip>
        <identifiers>
          <isin value="US61690YBU55"/>
          <ticker value="MSC"/>
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        <balance>395000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>389690.53</valUSD>
        <pctVal>0.0642532427</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.049000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V4.493 01/16/32</title>
        <cusip>61748UAS1</cusip>
        <identifiers>
          <isin value="US61748UAS15"/>
          <ticker value="MS"/>
        </identifiers>
        <balance>325000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>318682.72</valUSD>
        <pctVal>0.0525452804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.493000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>GE HEALTHCARE TECHNOLOGIES INC</name>
        <lei>549300OI9J7XOWZMUN85</lei>
        <title>GEHC 4.15 12/15/28</title>
        <cusip>36266GAD9</cusip>
        <identifiers>
          <isin value="US36266GAD97"/>
          <ticker value="GEHC"/>
        </identifiers>
        <balance>275000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>272550.63</valUSD>
        <pctVal>0.0449388949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.150000000000</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>Honda Auto Receivables 2026 1 Owner Trust</name>
        <lei>N/A</lei>
        <title>HAROT 2026-1 A2A</title>
        <cusip>43815CAB4</cusip>
        <identifiers>
          <isin value="US43815CAB46"/>
          <ticker value="HAROT"/>
        </identifiers>
        <balance>2335000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2326852.5</valUSD>
        <pctVal>0.3836578180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.710000000000</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>EQUINIX INC</name>
        <lei>549300EVUN2BTLJ3GT74</lei>
        <title>EQIX 2.9 11/18/26</title>
        <cusip>29444UBD7</cusip>
        <identifiers>
          <isin value="US29444UBD72"/>
          <ticker value="EQIX"/>
        </identifiers>
        <balance>1200000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1192844.75</valUSD>
        <pctVal>0.1966795119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-18</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>EVERSOURCE ENERGY</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>ES 5.45 03/01/28</title>
        <cusip>30040WAT5</cusip>
        <identifiers>
          <isin value="US30040WAT53"/>
          <ticker value="ES"/>
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        <balance>499000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>504622.47</valUSD>
        <pctVal>0.0832035360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.450000000000</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>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>FITB V6.339 07/27/29</title>
        <cusip>316773DK3</cusip>
        <identifiers>
          <isin value="US316773DK32"/>
          <ticker value="FITB"/>
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        <balance>816000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>843247.25</valUSD>
        <pctVal>0.1390369179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.339000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>FIRSTENERGY CORP</name>
        <lei>549300SVYJS666PQJH88</lei>
        <title>FE 3.9 07/15/27 B</title>
        <cusip>337932AH0</cusip>
        <identifiers>
          <isin value="US337932AH00"/>
          <ticker value="FE"/>
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        <balance>2017000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2005466.06</valUSD>
        <pctVal>0.3306667409</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.900000000000</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>
        <name>FREDDIE MAC STACR REMIC TRUST 2022-DNA3</name>
        <lei>5493000IS4M3TZMRB410</lei>
        <title>STACR 2022-DNA3 M1B</title>
        <cusip>35564KUX5</cusip>
        <identifiers>
          <isin value="US35564KUX52"/>
          <ticker value="STACR"/>
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        <balance>17000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>17248.55</valUSD>
        <pctVal>0.0028439882</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.527760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>GNR 2024-78 QF</title>
        <cusip>38384NV69</cusip>
        <identifiers>
          <isin value="US38384NV698"/>
          <ticker value="GNR"/>
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        <balance>503603.41</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>507916.94</valUSD>
        <pctVal>0.0837467372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.708720000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>ALLEGRO CLO XII LTD</name>
        <lei>254900E0ZQX4DLP7HF87</lei>
        <title>ALLEG 2020-1A A1R</title>
        <cusip>01750TAN6</cusip>
        <identifiers>
          <isin value="US01750TAN63"/>
          <ticker value="ALLEG"/>
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        <balance>250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>250466.5</valUSD>
        <pctVal>0.0412976030</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</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>EQUITABLE AMERICA GLOBAL FUNDING</name>
        <lei>98450066CCBIACF06694</lei>
        <title>EQH 4.3 12/15/28 144A</title>
        <cusip>29446Q2F9</cusip>
        <identifiers>
          <isin value="US29446Q2F91"/>
          <ticker value="EQH"/>
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        <balance>1250000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1236979.88</valUSD>
        <pctVal>0.2039566331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.300000000000</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>MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2024-4</name>
        <lei>N/A</lei>
        <title>MSRM 2024-4 AF</title>
        <cusip>61777BBQ0</cusip>
        <identifiers>
          <isin value="US61777BBQ05"/>
          <ticker value="MSRM"/>
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        <balance>119497.12</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>119683.39</valUSD>
        <pctVal>0.0197337254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.962100000000</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>MOTOROLA SOLUTIONS INC</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>MSI 4.85 08/15/30</title>
        <cusip>620076CA5</cusip>
        <identifiers>
          <isin value="US620076CA59"/>
          <ticker value="MSI"/>
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        <balance>448000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>449254.56</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>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.850000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC SERVICES INC</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>RSG 5 11/15/29</title>
        <cusip>760759BJ8</cusip>
        <identifiers>
          <isin value="US760759BJ83"/>
          <ticker value="RSG"/>
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        <balance>203000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>205580.19</valUSD>
        <pctVal>0.0338966252</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>5.000000000000</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>RYDER SYSTEM INC</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
        <title>RYDER SYSTEM INC 0% CP 13/07/2026</title>
        <cusip>78355BGD8</cusip>
        <identifiers>
          <isin value="US78355BGD82"/>
          <ticker value="R"/>
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        <balance>1275000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1273281.25</valUSD>
        <pctVal>0.2099421025</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-13</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>SMBC AVIATION CAPITAL FINANCE DAC</name>
        <lei>549300OD7VKRVNWB2J98</lei>
        <title>SMBCAC 5.3 04/03/29 144A</title>
        <cusip>78448TAL6</cusip>
        <identifiers>
          <isin value="US78448TAL61"/>
          <ticker value="SMBCAC"/>
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        <balance>1152000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1165794</valUSD>
        <pctVal>0.1922193101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.300000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SALESFORCE INC</name>
        <lei>RCGZFPDMRW58VJ54VR07</lei>
        <title>CRM 4.5 03/15/28</title>
        <cusip>79466LAQ7</cusip>
        <identifiers>
          <isin value="US79466LAQ77"/>
          <ticker value="CRM"/>
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        <balance>695000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>694122.75</valUSD>
        <pctVal>0.1144488616</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>4.500000000000</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>NATIONWIDE BUILDING SOCIETY</name>
        <lei>549300XFX12G42QIKN82</lei>
        <title>NWIDE V4.649 07/14/29 144A</title>
        <cusip>63861VAM9</cusip>
        <identifiers>
          <isin value="US63861VAM90"/>
          <ticker value="NWIDE"/>
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        <balance>306000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>305881.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.649000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="216140.400000000000"/>
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      <invstOrSec>
        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NI 4.75 05/18/31</title>
        <cusip>65473PBA2</cusip>
        <identifiers>
          <isin value="US65473PBA21"/>
          <ticker value="NI"/>
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        <balance>1035000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1030772.13</valUSD>
        <pctVal>0.1699565341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-18</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>HOWMET AEROSPACE INC</name>
        <lei>549300HO5WFZUT5N2T22</lei>
        <title>HWM 3 01/15/29</title>
        <cusip>443201AB4</cusip>
        <identifiers>
          <isin value="US443201AB48"/>
          <ticker value="HWM"/>
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        <balance>2437000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2345694.13</valUSD>
        <pctVal>0.3867644776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</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>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>IL ILS 4.85 04/01/2032</title>
        <cusip>452153PX1</cusip>
        <identifiers>
          <isin value="US452153PX10"/>
          <ticker value="ILS"/>
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        <balance>620000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>620785.75</valUSD>
        <pctVal>0.1023568560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.854000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>HARLEY-DAVIDSON MOTORCYCLE TRUST 2025-A</name>
        <lei>N/A</lei>
        <title>HDMOT 2025-A A3</title>
        <cusip>41284XAD0</cusip>
        <identifiers>
          <isin value="US41284XAD03"/>
          <ticker value="HDMOT"/>
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        <balance>1165000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1168490.13</valUSD>
        <pctVal>0.1926638554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.670000000000</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>HEXCEL CORP</name>
        <lei>S6Q7LW43WUBUHXY2QP69</lei>
        <title>HXL 4.9 05/15/31</title>
        <cusip>428291AQ1</cusip>
        <identifiers>
          <isin value="US428291AQ19"/>
          <ticker value="HXL"/>
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        <balance>860000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>857404.88</valUSD>
        <pctVal>0.1413712667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.900000000000</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>LAS VEGAS SANDS CORP</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>LVS 5.3 05/15/31</title>
        <cusip>517834AR8</cusip>
        <identifiers>
          <isin value="US517834AR87"/>
          <ticker value="LVS"/>
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        <balance>720000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>717245.69</valUSD>
        <pctVal>0.1182614353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.300000000000</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>MORGAN STANLEY CAPITAL I TRUST 2018-L1</name>
        <lei>N/A</lei>
        <title>MSC 2018-L1 A3</title>
        <cusip>61691QAD0</cusip>
        <identifiers>
          <isin value="US61691QAD07"/>
          <ticker value="MSC"/>
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        <balance>550119.13</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>544316.69</valUSD>
        <pctVal>0.0897484278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.139000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>GS MORTGAGE-BACKED SECURITIES TRUST 2024-RPL2</name>
        <lei>N/A</lei>
        <title>GSMBS 2024-RPL2 A1</title>
        <cusip>36269MAA9</cusip>
        <identifiers>
          <isin value="US36269MAA99"/>
          <ticker value="GSMBS"/>
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        <balance>1713855.38</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1670327.25</valUSD>
        <pctVal>0.2754081353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.750000000000</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>SMBC AVIATION CAPITAL FINANCE DAC</name>
        <lei>549300OD7VKRVNWB2J98</lei>
        <title>SMBCAC 5.1 04/01/30 144A</title>
        <cusip>78448TAN2</cusip>
        <identifiers>
          <isin value="US78448TAN28"/>
          <ticker value="SMBCAC"/>
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        <balance>800000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>803815.42</valUSD>
        <pctVal>0.1325352897</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.100000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SANTANDER HOLDINGS USA INC</name>
        <lei>549300SMVCQN2P0O6I58</lei>
        <title>SANUSA V2.49 01/06/28</title>
        <cusip>80282KBC9</cusip>
        <identifiers>
          <isin value="US80282KBC99"/>
          <ticker value="SANUSA"/>
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        <balance>1340000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1325311</valUSD>
        <pctVal>0.2185209103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.490000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2013-A</name>
        <lei>N/A</lei>
        <title>SDART 2023-4 C</title>
        <cusip>802927AF0</cusip>
        <identifiers>
          <isin value="US802927AF02"/>
          <ticker value="DRIVE"/>
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        <balance>300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>304596.28</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.040000000000</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>NOVARTIS CAPITAL CORP</name>
        <lei>5493002KF87V5RSRQS84</lei>
        <title>NOVNVX 4.1 11/05/30</title>
        <cusip>66989HAY4</cusip>
        <identifiers>
          <isin value="US66989HAY45"/>
          <ticker value="NOVNVX"/>
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        <balance>1095000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1075789</valUSD>
        <pctVal>0.1773790390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.100000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>O'Reilly Automotive Inc.</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>O'Reilly Automotive Inc. 0% CP 13/07/2026</title>
        <cusip>67117HGD7</cusip>
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          <ticker value="ORLY"/>
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        <balance>1165000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1163434.13</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-13</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OBX 2024-NQM2 TRUST</name>
        <lei>254900OHTVKDKZL33I54</lei>
        <title>OBX 2024-NQM2 A1</title>
        <cusip>67118HAA8</cusip>
        <identifiers>
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          <ticker value="OBX"/>
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        <balance>603201.38</balance>
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        <curCd>USD</curCd>
        <valUSD>603693.19</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.878000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORCL 4.45 09/26/30</title>
        <cusip>68389XDH5</cusip>
        <identifiers>
          <isin value="US68389XDH52"/>
          <ticker value="ORCL"/>
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        <balance>285000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>275129.28</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.450000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>ORCL 4.55 02/04/29</title>
        <cusip>68389XDW2</cusip>
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          <ticker value="ORCL"/>
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        <balance>1155000</balance>
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        <curCd>USD</curCd>
        <valUSD>1138614.13</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.550000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PACIFIC GAS &amp; ELECTRIC COMPANY</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PCG 6.1 01/15/29</title>
        <cusip>694308KL0</cusip>
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          <isin value="US694308KL02"/>
          <ticker value="PCG"/>
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        <balance>743000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>765037.64</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PACIFIC GAS &amp; ELECTRIC COMPANY</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PCG 5.05 11/15/31</title>
        <cusip>694308LC9</cusip>
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          <isin value="US694308LC93"/>
          <ticker value="PCG"/>
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        <balance>345000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>344674.38</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.050000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PAYCHEX INC</name>
        <lei>529900K900DW6SUBM174</lei>
        <title>PAYX 5.1 04/15/30</title>
        <cusip>704326AA5</cusip>
        <identifiers>
          <isin value="US704326AA51"/>
          <ticker value="PAYX"/>
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        <balance>686000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>691905.81</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>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.100000000000</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>
        <name>HYATT HOTELS CORP</name>
        <lei>T27JQIMTYSH41TCD5186</lei>
        <title>H 5.75 01/30/27</title>
        <cusip>448579AQ5</cusip>
        <identifiers>
          <isin value="US448579AQ51"/>
          <ticker value="H"/>
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        <balance>1236000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1242932.88</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HYUNDAI AUTO RECEIVABLES TRUST 2026-A</name>
        <lei>N/A</lei>
        <title>HART 2026-A A2B</title>
        <cusip>448981AC4</cusip>
        <identifiers>
          <isin value="US448981AC42"/>
          <ticker value="HART"/>
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        <balance>1452000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1452138.38</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.933010000000</annualizedRt>
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      <invstOrSec>
        <name>PHILIP MORRIS INTERNATIONAL INC</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PM 4.875 02/13/29</title>
        <cusip>718172DG1</cusip>
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          <isin value="US718172DG16"/>
          <ticker value="PM"/>
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        <balance>899000</balance>
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        <curCd>USD</curCd>
        <valUSD>905804.19</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875000000000</annualizedRt>
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      <invstOrSec>
        <name>PHILIP MORRIS INTERNATIONAL INC</name>
        <lei>HL3H1H2BGXWVG3BSWR90</lei>
        <title>PM 4 10/29/30</title>
        <cusip>718172DY2</cusip>
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        <balance>465000</balance>
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        <curCd>USD</curCd>
        <valUSD>452972.44</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
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      <invstOrSec>
        <name>ONITY LOAN INVESTMENT TRUST 2026-HB3</name>
        <lei>N/A</lei>
        <title>OLIT 2026-HB3 A</title>
        <cusip>68278KAA5</cusip>
        <identifiers>
          <isin value="US68278KAA51"/>
          <ticker value="OLIT"/>
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        <balance>900000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>870570</valUSD>
        <pctVal>0.1435419678</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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      <invstOrSec>
        <name>ROYALTY PHARMA PLC</name>
        <lei>549300FGFN7VOK8BZR03</lei>
        <title>RPRX 4.45 03/25/31</title>
        <cusip>78081BAT0</cusip>
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          <ticker value="RPRX"/>
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        <balance>1090000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.450000000000</annualizedRt>
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      <invstOrSec>
        <name>7-ELEVEN INC</name>
        <lei>549300K23JPL0SS3LB18</lei>
        <title>SVELEV 1.3 02/10/28 144A</title>
        <cusip>817826AD2</cusip>
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          <isin value="US817826AD20"/>
          <ticker value="SVELEV"/>
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        <balance>1695000</balance>
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        <curCd>USD</curCd>
        <valUSD>1609991</valUSD>
        <pctVal>0.2654597290</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>2028-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.300000000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Simon Property Group LP</name>
        <lei>MR92GTD0MJTTTTQDVG45</lei>
        <title>Simon Property Group LP 0% CP 20/07/2026</title>
        <cusip>82880XGL8</cusip>
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          <isin value="US82880XGL82"/>
          <ticker value="SPG"/>
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        <balance>655000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>653631.06</valUSD>
        <pctVal>0.1077724807</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-20</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>JP MORGAN CHASE &amp; COMPANY</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPM V5.04 01/23/28</title>
        <cusip>46647PEA0</cusip>
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          <ticker value="JPM"/>
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        <balance>1649000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1654157.88</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.040000000000</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>JP MORGAN CHASE &amp; COMPANY</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPM V4.622 04/23/32</title>
        <cusip>46647PFM3</cusip>
        <identifiers>
          <isin value="US46647PFM32"/>
          <ticker value="JPM"/>
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        <balance>715000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>706748</valUSD>
        <pctVal>0.1165305474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.622000000000</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>J.P. MORGAN MORTGAGE TRUST 2024-VIS2</name>
        <lei>N/A</lei>
        <title>JPMMT 2024-VIS2 A1</title>
        <cusip>46658DAA7</cusip>
        <identifiers>
          <isin value="US46658DAA72"/>
          <ticker value="JPMMT"/>
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        <balance>272329.34</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>272883.66</valUSD>
        <pctVal>0.0449938058</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.853000000000</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>MID-AMERICA APARTMENTS LP</name>
        <lei>549300FXWGE3QSYCUJ38</lei>
        <title>MID-AMERICA APARTMENTS LP 0% CP 16/07/2026</title>
        <cusip>59524PGG6</cusip>
        <identifiers>
          <isin value="US59524PGG63"/>
          <ticker value="MAA"/>
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        <balance>1755000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1752073</valUSD>
        <pctVal>0.2888865986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-16</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SG COMMERCIAL MORTGAGE SECURITIES TRUST 2016-C5</name>
        <lei>549300SZQW4U3UN4A157</lei>
        <title>SGCMS 2016-C5 A4</title>
        <cusip>78419CAD6</cusip>
        <identifiers>
          <isin value="US78419CAD65"/>
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        <balance>35692.53</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>35647.24</valUSD>
        <pctVal>0.0058776146</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>UBS COMMERCIAL MORTGAGE TRUST 2017-C7</name>
        <lei>N/A</lei>
        <title>UBSCM 2017-C7 A4</title>
        <cusip>90276WAS6</cusip>
        <identifiers>
          <isin value="US90276WAS61"/>
          <ticker value="LBUBS"/>
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        <balance>1270000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1250208.63</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.679000000000</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>REGAL REXNORD CORP</name>
        <lei>QH78R09VCJGQKPBPYU33</lei>
        <title>RRX 6.3 02/15/30 *</title>
        <cusip>758750AN3</cusip>
        <identifiers>
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          <ticker value="RRX"/>
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        <balance>1460000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1523787.69</valUSD>
        <pctVal>0.2512462910</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>6.300000000000</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>
        <name>SV RNO PROPERTY OWNER 1 LLC</name>
        <lei>N/A</lei>
        <title>TRACTC 5.875 03/01/31 144A</title>
        <cusip>78488XAA2</cusip>
        <identifiers>
          <isin value="US78488XAA28"/>
          <ticker value="TRACTC"/>
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        <balance>385000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>379449.63</valUSD>
        <pctVal>0.0625646951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-01</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>
        <name>SKANDINAVISKA ENSKILDA BANKEN AB</name>
        <lei>F3JS33DEI6XQ4ZBPTN86</lei>
        <title>SEB 4.375 03/12/31 144A</title>
        <cusip>83051B2B4</cusip>
        <identifiers>
          <isin value="US83051B2B49"/>
          <ticker value="SEB"/>
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        <balance>750000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>739510.06</valUSD>
        <pctVal>0.1219324457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375000000000</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>
        <name>SOUTHERN COMPANY (THE)</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>SO 3.25 07/01/26</title>
        <cusip>842587CV7</cusip>
        <identifiers>
          <isin value="US842587CV72"/>
          <ticker value="SO"/>
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        <balance>1762000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1762000</valUSD>
        <pctVal>0.2905233896</pctVal>
        <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>
          <annualizedRt>3.250000000000</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>Simon Property Group LP</name>
        <lei>MR92GTD0MJTTTTQDVG45</lei>
        <title>Simon Property Group LP 0% CP 04/08/2026</title>
        <cusip>82880XH45</cusip>
        <identifiers>
          <isin value="US82880XH458"/>
          <ticker value="SPG"/>
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        <balance>880000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>876711.69</valUSD>
        <pctVal>0.1445546265</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-04</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>
        <name>SOUTH BOW USA INFRASTRUCTURE HOLDINGS LLC</name>
        <lei>254900Z1WAY7QFQ7O850</lei>
        <title>SOBOCN 4.911 09/01/27</title>
        <cusip>83007CAB8</cusip>
        <identifiers>
          <isin value="US83007CAB81"/>
          <ticker value="SOBOCN"/>
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        <balance>764000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>765933.81</valUSD>
        <pctVal>0.1262892660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.911000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>NATWEST MARKETS PLC</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
        <title>NWG 4.412 11/06/30 144A</title>
        <cusip>63906YAS7</cusip>
        <identifiers>
          <isin value="US63906YAS72"/>
          <ticker value="NWG"/>
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        <balance>895000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>880547.25</valUSD>
        <pctVal>0.1451870441</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.412000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>OCCU AUTO RECEIVABLES TRUST 2025-1</name>
        <lei>N/A</lei>
        <title>OCCU 2025-1A A3</title>
        <cusip>67098SAC4</cusip>
        <identifiers>
          <isin value="US67098SAC44"/>
          <ticker value="OCCU"/>
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        <balance>332000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>333023.22</valUSD>
        <pctVal>0.0549097813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.810000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>SOUTHERN COMPANY GAS CAPITAL CORP</name>
        <lei>E8CD46SWUD2TSN8PA636</lei>
        <title>SO 4.05 09/15/28 A</title>
        <cusip>8426EPAJ7</cusip>
        <identifiers>
          <isin value="US8426EPAJ78"/>
          <ticker value="SO"/>
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        <balance>240000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>237445.88</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.050000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV</name>
        <lei>5493004T21MOAFINJP35</lei>
        <title>TEVA 5.125 05/09/29</title>
        <cusip>88167AAQ4</cusip>
        <identifiers>
          <isin value="US88167AAQ40"/>
          <ticker value="TEVA"/>
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        <balance>715000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>714759</valUSD>
        <pctVal>0.1178514230</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <loanByFundCondition isLoanByFund="Y" loanVal="719812.250000000000"/>
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      <invstOrSec>
        <name>SIXTH STREET CLO XXV LTD</name>
        <lei>N/A</lei>
        <title>SIXST 2024-25A A</title>
        <cusip>83011VAA2</cusip>
        <identifiers>
          <isin value="US83011VAA26"/>
          <ticker value="SIXST"/>
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        <balance>650000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>650547.31</valUSD>
        <pctVal>0.1072640236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.147090000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>SOUND POINT CLO XXXII LTD</name>
        <lei>N/A</lei>
        <title>SNDPT 2021-4A AR</title>
        <cusip>83616AAS8</cusip>
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          <isin value="US83616AAS87"/>
          <ticker value="SNDPT"/>
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        <balance>500000</balance>
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        <curCd>USD</curCd>
        <valUSD>499797</valUSD>
        <pctVal>0.0824078993</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TOYOTA AUTO RECEIVABLES 2025-D OWNER TRUST</name>
        <lei>N/A</lei>
        <title>TAOT 2025-D A2B</title>
        <cusip>89231GAC2</cusip>
        <identifiers>
          <isin value="US89231GAC24"/>
          <ticker value="TAOT"/>
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        <balance>753692.5</balance>
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        <curCd>USD</curCd>
        <valUSD>753876.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.913010000000</annualizedRt>
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      <invstOrSec>
        <name>TOYOTA AUTO RECEIVABLES 2024-A OWNER TRUST</name>
        <lei>N/A</lei>
        <title>TAOT 2024-A A3</title>
        <cusip>89238DAD0</cusip>
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          <isin value="US89238DAD03"/>
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        <balance>666047.5</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.830000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>OMNICOM GROUP INC</name>
        <lei>HKUPACFHSSASQK8HLS17</lei>
        <title>OMC 4.2 03/02/29</title>
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          <isin value="US681919BV74"/>
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        <balance>495000</balance>
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        <curCd>USD</curCd>
        <valUSD>488449.22</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REGENERON PHARMACEUTICALS INC</name>
        <lei>549300RCBFWIRX3HYQ56</lei>
        <title>REGN 1.75 09/15/30</title>
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          <isin value="US75886FAE79"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VENTURE GLOBAL CALCASIEU PASS LLC</name>
        <lei>549300GKHS6RS20NLH85</lei>
        <title>VENTGL 6.25 01/15/30 144A</title>
        <cusip>92328MAE3</cusip>
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          <isin value="US92328MAE30"/>
          <ticker value="VENTGL"/>
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        <balance>1477000</balance>
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        <curCd>USD</curCd>
        <valUSD>1512719.74</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST 2021-2</name>
        <lei>N/A</lei>
        <title>VERUS 2021-2 A3</title>
        <cusip>92538FAC8</cusip>
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          <isin value="US92538FAC86"/>
          <ticker value="VERUS"/>
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        <balance>339994.38</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>309774.97</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>2066-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.545000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTH CAROLINA PUBLIC SERVICE AUTHORITY (SC)</name>
        <lei>EMBXY64GWKA9MZGFUD26</lei>
        <title>SC SCSUTL 5.74 01/01/2030</title>
        <cusip>8371477D3</cusip>
        <identifiers>
          <isin value="US8371477D38"/>
          <ticker value="SCSUTL"/>
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        <balance>1015000</balance>
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        <curCd>USD</curCd>
        <valUSD>1039065.88</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.740000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOUTHERN POWER COMPANY</name>
        <lei>5LADC78JBG2BMZD5XF57</lei>
        <title>SO 4.25 10/01/30 A</title>
        <cusip>843646AX8</cusip>
        <identifiers>
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          <ticker value="SO"/>
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        <balance>945000</balance>
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        <curCd>USD</curCd>
        <valUSD>928296.85</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>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST 2024-4</name>
        <lei>213800WNY873LW1L3M73</lei>
        <title>VERUS 2024-4 A1</title>
        <cusip>92540GAA6</cusip>
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          <isin value="US92540GAA67"/>
          <ticker value="VERUS"/>
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        <balance>321455.47</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-06-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VIPER ENERGY PARTNERS LLC</name>
        <lei>54930010ZZ02MRGRI973</lei>
        <title>VNOM 4.9 08/01/30</title>
        <cusip>92764MAA2</cusip>
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          <isin value="US92764MAA27"/>
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        <balance>1087000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.900000000000</annualizedRt>
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      <invstOrSec>
        <name>SPIRIT AEROSYSTEMS INC</name>
        <lei>ZD2NBKV6GCC3UMGBM518</lei>
        <title>SPR 4.6 06/15/28</title>
        <cusip>85205TAK6</cusip>
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          <isin value="US85205TAK60"/>
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        <balance>3600000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.600000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SPRINT CAPITAL CORP</name>
        <lei>549300L17W0GQBR1PO80</lei>
        <title>S 6.875 11/15/28</title>
        <cusip>852060AD4</cusip>
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          <isin value="US852060AD48"/>
          <ticker value="S"/>
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        <balance>3650000</balance>
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        <curCd>USD</curCd>
        <valUSD>3823944.07</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.875000000000</annualizedRt>
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      <invstOrSec>
        <name>VIRGINIA COMMONWEALTH UNIVERSITY (VA)</name>
        <lei>54930081U4ULRPR3MK80</lei>
        <title>VA VASHGR 2.12 11/01/2030</title>
        <cusip>92778RFV4</cusip>
        <identifiers>
          <isin value="US92778RFV42"/>
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        <balance>545000</balance>
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        <curCd>USD</curCd>
        <valUSD>496095.91</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.124000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VISTRA OPERATIONS COMPANY LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>VST 5.05 12/30/26 144A</title>
        <cusip>92840VAT9</cusip>
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          <isin value="US92840VAT98"/>
          <ticker value="VST"/>
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        <balance>1205000</balance>
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        <curCd>USD</curCd>
        <valUSD>1205803.75</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.050000000000</annualizedRt>
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      <invstOrSec>
        <name>VISTRA OPERATIONS COMPANY LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>VST 4.7 01/31/31 144A</title>
        <cusip>92840VAY8</cusip>
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          <ticker value="VST"/>
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        <balance>355000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.700000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VOYA CLO 2019-3 LTD</name>
        <lei>N/A</lei>
        <title>VOYA 2019-3A AR</title>
        <cusip>92918FAF1</cusip>
        <identifiers>
          <isin value="US92918FAF18"/>
          <ticker value="VOYA"/>
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        <balance>289926.88</balance>
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        <curCd>USD</curCd>
        <valUSD>290147.19</valUSD>
        <pctVal>0.0478402640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.021990000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALIMENTATION COUCHE-TARD INC</name>
        <lei>549300OSW32RVX8CCZ87</lei>
        <title>ATDBCN 3.55 07/26/27 144A</title>
        <cusip>01626PAH9</cusip>
        <identifiers>
          <isin value="US01626PAH91"/>
          <ticker value="ATDBCN"/>
        </identifiers>
        <balance>883000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>875275.06</valUSD>
        <pctVal>0.1443177510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-26</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>STATION PLACE SECURITIZATION TRUST SERIES 2025-1</name>
        <lei>N/A</lei>
        <title>SPST 2025-1 A</title>
        <cusip>85772UAA8</cusip>
        <identifiers>
          <isin value="US85772UAA88"/>
          <ticker value="SPST"/>
        </identifiers>
        <balance>1969000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1969010.63</valUSD>
        <pctVal>0.3246558697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.221430000000</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>Sumitomo Mitsui Trust Bank Ltd Singapore Branch</name>
        <lei>N/A</lei>
        <title>Sumitomo Mitsui Trust Bank Ltd Singapore Branch 0% CP 06/10/2026</title>
        <cusip>86564XK60</cusip>
        <identifiers>
          <isin value="US86564XK607"/>
          <ticker value="SUMITR"/>
        </identifiers>
        <balance>600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>593661.38</valUSD>
        <pctVal>0.0978845155</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2013-A</name>
        <lei>N/A</lei>
        <title>SDART 2023-4 B</title>
        <cusip>802927AE3</cusip>
        <identifiers>
          <isin value="US802927AE37"/>
          <ticker value="DRIVE"/>
        </identifiers>
        <balance>360871.66</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>362526.25</valUSD>
        <pctVal>0.0597743218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.770000000000</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>SERVICENOW INC</name>
        <lei>549300HJTQM36M0E1G39</lei>
        <title>NOW 1.4 09/01/30</title>
        <cusip>81762PAE2</cusip>
        <identifiers>
          <isin value="US81762PAE25"/>
          <ticker value="NOW"/>
        </identifiers>
        <balance>1046000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>916993.81</valUSD>
        <pctVal>0.1511964528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</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>WEC Energy Group Inc.</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC Energy Group Inc. 0% CP 06/07/2026</title>
        <cusip>92930WG62</cusip>
        <identifiers>
          <isin value="US92930WG628"/>
          <ticker value="WEC"/>
        </identifiers>
        <balance>2180000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2178802</valUSD>
        <pctVal>0.3592468458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>WALMART INC</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>WMT 4.35 04/28/30</title>
        <cusip>931142FN8</cusip>
        <identifiers>
          <isin value="US931142FN86"/>
          <ticker value="WMT"/>
        </identifiers>
        <balance>438000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>438842.5</valUSD>
        <pctVal>0.0723575542</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-28</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>SYNOPSYS INC</name>
        <lei>QG7T915N9S0NY5UKNE63</lei>
        <title>SNPS 4.65 04/01/28</title>
        <cusip>871607AB3</cusip>
        <identifiers>
          <isin value="US871607AB32"/>
          <ticker value="SNPS"/>
        </identifiers>
        <balance>310000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>310333.13</valUSD>
        <pctVal>0.0511685771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.650000000000</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>SYNOPSYS INC</name>
        <lei>QG7T915N9S0NY5UKNE63</lei>
        <title>SNPS 4.85 04/01/30</title>
        <cusip>871607AC1</cusip>
        <identifiers>
          <isin value="US871607AC15"/>
          <ticker value="SNPS"/>
        </identifiers>
        <balance>1136000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1137901.25</valUSD>
        <pctVal>0.1876202770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.850000000000</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>AMAZON.COM INC</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMZN 4.1 11/20/30</title>
        <cusip>023135CT1</cusip>
        <identifiers>
          <isin value="US023135CT13"/>
          <ticker value="AMZN"/>
        </identifiers>
        <balance>340000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>334152.28</valUSD>
        <pctVal>0.0550959438</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.100000000000</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>AVOLON HOLDINGS FUNDING LTD</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
        <title>AVOL 5.75 11/15/29 144A</title>
        <cusip>05401AAV3</cusip>
        <identifiers>
          <isin value="US05401AAV35"/>
          <ticker value="AVOL"/>
        </identifiers>
        <balance>593000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>606304.25</valUSD>
        <pctVal>0.0999691066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</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>Tcw Clo 2020-1 Ltd / Tcw Clo 2020-1 LLC</name>
        <lei>N/A</lei>
        <title>TCW 2020-1A A1R3</title>
        <cusip>87190CBG4</cusip>
        <identifiers>
          <isin value="US87190CBG42"/>
          <ticker value="TCW"/>
        </identifiers>
        <balance>3075000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3076494.5</valUSD>
        <pctVal>0.5072608457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.455620000000</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>TAPESTRY INC</name>
        <lei>549300LJNVY5SW3VTN33</lei>
        <title>TPR 5.1 03/11/30</title>
        <cusip>876030AK3</cusip>
        <identifiers>
          <isin value="US876030AK37"/>
          <ticker value="TPR"/>
        </identifiers>
        <balance>449000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>452405.44</valUSD>
        <pctVal>0.0745938490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.100000000000</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>TARGA RESOURCES CORP</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>TRGP 4.35 04/15/31</title>
        <cusip>87612GAT8</cusip>
        <identifiers>
          <isin value="US87612GAT85"/>
          <ticker value="TRGP"/>
        </identifiers>
        <balance>275000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>268648.56</valUSD>
        <pctVal>0.0442955109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</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>TOLL BROTHERS FINANCE CORP</name>
        <lei>N/A</lei>
        <title>TOL 3.8 11/01/29</title>
        <cusip>88947EAU4</cusip>
        <identifiers>
          <isin value="US88947EAU47"/>
          <ticker value="TOL"/>
        </identifiers>
        <balance>583000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>566017.81</valUSD>
        <pctVal>0.0933265679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.800000000000</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>TOORAK MORTGAGE TRUST 2025-RRTL1</name>
        <lei>25490023B58UP9CM5N96</lei>
        <title>TRK 2025-RRTL1 A1</title>
        <cusip>89053JAB3</cusip>
        <identifiers>
          <isin value="US89053JAB35"/>
          <ticker value="TRK"/>
        </identifiers>
        <balance>260000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>260231.92</valUSD>
        <pctVal>0.0429077523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.524000000000</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>TORONTO DOMINION BANK (THE)</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>TD 5.532 07/17/26 MTN</title>
        <cusip>89115A2S0</cusip>
        <identifiers>
          <isin value="US89115A2S07"/>
          <ticker value="TD"/>
        </identifiers>
        <balance>1648000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1649079.25</valUSD>
        <pctVal>0.2719047068</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.532000000000</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 &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WFC V4.808 07/25/28 MTN</title>
        <cusip>95000U3A9</cusip>
        <identifiers>
          <isin value="US95000U3A91"/>
          <ticker value="WFC"/>
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        <balance>849000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>851318.69</valUSD>
        <pctVal>0.1403677590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.808000000000</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>WELLS FARGO COMMERCIAL MORTGAGE TRUST 2017-C39</name>
        <lei>N/A</lei>
        <title>WFCM 2017-C39 A5</title>
        <cusip>95000XAF4</cusip>
        <identifiers>
          <isin value="US95000XAF42"/>
          <ticker value="WFCM"/>
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        <balance>1100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1080486.88</valUSD>
        <pctVal>0.1781536383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.418000000000</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>Bunge Ltd Finance Corp.</name>
        <lei>549300QHC068L40NNM71</lei>
        <title>Bunge Ltd Finance Corp. 0% CP 06/07/2026</title>
        <cusip>12057BG63</cusip>
        <identifiers>
          <isin value="US12057BG639"/>
          <ticker value="BG"/>
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        <balance>865000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>864515.88</valUSD>
        <pctVal>0.1425437479</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2024-77 DF</title>
        <cusip>3136BTWY5</cusip>
        <identifiers>
          <isin value="US3136BTWY58"/>
          <ticker value="FNMA"/>
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        <balance>553811.5</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>560402.63</valUSD>
        <pctVal>0.0924007217</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.827760000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>SOUND POINT CLO XXII LTD</name>
        <lei>N/A</lei>
        <title>SNDPT 2020-1A AR</title>
        <cusip>83614XAQ4</cusip>
        <identifiers>
          <isin value="US83614XAQ43"/>
          <ticker value="SNDPT"/>
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        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>500419</valUSD>
        <pctVal>0.0825104563</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.106840000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>TOLL BROTHERS FINANCE CORP</name>
        <lei>N/A</lei>
        <title>TOL 4.35 02/15/28</title>
        <cusip>88947EAT7</cusip>
        <identifiers>
          <isin value="US88947EAT73"/>
          <ticker value="TOL"/>
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        <balance>80000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>79603.64</valUSD>
        <pctVal>0.0131252664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>TOYOTA AUTO RECEIVABLES 2023-B OWNER TRUST</name>
        <lei>N/A</lei>
        <title>TAOT 2023-B A3</title>
        <cusip>891941AD8</cusip>
        <identifiers>
          <isin value="US891941AD82"/>
          <ticker value="TAOT"/>
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        <balance>86176.33</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>86321.12</valUSD>
        <pctVal>0.0142328629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.710000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>TOYOTA AUTO RECEIVABLES 2026-A OWNER TRUST</name>
        <lei>N/A</lei>
        <title>TAOT 2026-A A3</title>
        <cusip>89240KAD0</cusip>
        <identifiers>
          <isin value="US89240KAD00"/>
          <ticker value="TAOT"/>
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        <balance>462000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>457563.22</valUSD>
        <pctVal>0.0754442779</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.860000000000</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>WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-5C3</name>
        <lei>N/A</lei>
        <title>WFCM 2025-5C3 XA</title>
        <cusip>95004JAD6</cusip>
        <identifiers>
          <isin value="US95004JAD63"/>
          <ticker value="WFCM"/>
        </identifiers>
        <balance>6199257</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>161829.13</valUSD>
        <pctVal>0.0266828305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-01-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.813349000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>WISE CLO 2024-2 LTD</name>
        <lei>254900UJ1RZE30CBZ497</lei>
        <title>WYZE 2024-2A A</title>
        <cusip>97718GAA1</cusip>
        <identifiers>
          <isin value="US97718GAA13"/>
          <ticker value="WYZE"/>
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        <balance>400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>400602.41</valUSD>
        <pctVal>0.0660524234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.133100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>INTNED V4.858 03/25/29</title>
        <cusip>456837BQ5</cusip>
        <identifiers>
          <isin value="US456837BQ51"/>
          <ticker value="INTNED"/>
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        <balance>590000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>592285.38</valUSD>
        <pctVal>0.0976576369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.858000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2024-NQM1</name>
        <lei>N/A</lei>
        <title>MSRM 2024-NQM1 A1</title>
        <cusip>61775UAA6</cusip>
        <identifiers>
          <isin value="US61775UAA60"/>
          <ticker value="MSRM"/>
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        <balance>980583.94</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>982720.63</valUSD>
        <pctVal>0.1620336711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.152000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>ONEOK INC</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>OKE 5.55 11/01/26</title>
        <cusip>682680BH5</cusip>
        <identifiers>
          <isin value="US682680BH51"/>
          <ticker value="OKE"/>
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        <balance>827000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>829674.69</valUSD>
        <pctVal>0.1367990370</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.550000000000</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>
        <name>PNC BANK NA</name>
        <lei>AD6GFRVSDT01YPT1CS68</lei>
        <title>PNC 4.05 07/26/28 BKNT</title>
        <cusip>69349LAR9</cusip>
        <identifiers>
          <isin value="US69349LAR96"/>
          <ticker value="PNC"/>
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        <balance>1737000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1716875.5</valUSD>
        <pctVal>0.2830831383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.050000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>UBS COMMERCIAL MORTGAGE TRUST 2018-C14</name>
        <lei>N/A</lei>
        <title>UBSCM 2018-C14 A4</title>
        <cusip>90278KBA8</cusip>
        <identifiers>
          <isin value="US90278KBA88"/>
          <ticker value="LBUBS"/>
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        <balance>505000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>500092.38</valUSD>
        <pctVal>0.0824566023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.448000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>UDR INC</name>
        <lei>P3CH2EG5X6Z1XWU1OO74</lei>
        <title>UDR INC 0% CP 02/07/2026</title>
        <cusip>90352QG27</cusip>
        <identifiers>
          <isin value="US90352QG272"/>
          <ticker value="UDR"/>
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        <balance>1335000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1334854.13</valUSD>
        <pctVal>0.2200944077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-02</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>UBS COMMERCIAL MORTGAGE TRUST 2019-C18</name>
        <lei>N/A</lei>
        <title>UBSCM 2019-C18 A2</title>
        <cusip>90278PAX8</cusip>
        <identifiers>
          <isin value="US90278PAX87"/>
          <ticker value="UBSCM"/>
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        <balance>1223883</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1210041.5</valUSD>
        <pctVal>0.1995149592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED AIRLINES INC</name>
        <lei>K1OQBWM7XEOO08LDNP29</lei>
        <title>UAL 4.625 04/15/29 144A</title>
        <cusip>90932LAH0</cusip>
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          <isin value="US90932LAH06"/>
          <ticker value="UAL"/>
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        <curCd>USD</curCd>
        <valUSD>340216.96</valUSD>
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        <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>4.625000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STATION PLACE SEC TR 2025-3</name>
        <lei>N/A</lei>
        <title>CMO FLOAT SER.2025-3 CL.A</title>
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        <identifiers>
          <isin value="US85779TAA43"/>
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        <balance>1650000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1649706</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>2026-09-23</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>VERTIV GROUP CORP</name>
        <lei>549300ZT8RQ5VK10E643</lei>
        <title>VRT 4.125 11/15/28 144A</title>
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        <curCd>USD</curCd>
        <valUSD>1673315.99</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>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>B 0 07/02/26</title>
        <cusip>912797TF4</cusip>
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          <isin value="US912797TF47"/>
          <ticker value="B"/>
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        <balance>21845000</balance>
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        <curCd>USD</curCd>
        <valUSD>21842853.25</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>2026-07-02</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>VERUS SECURITIZATION TRUST 2023-INV3</name>
        <lei>9845008F97BFO762AF95</lei>
        <title>VERUS 2023-INV3 A1</title>
        <cusip>92540CAA5</cusip>
        <identifiers>
          <isin value="US92540CAA53"/>
          <ticker value="VERUS"/>
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        <balance>1179661.75</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1184070.88</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>2068-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.876000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST 2024-3</name>
        <lei>2138005NRONUFED1TZ38</lei>
        <title>VERUS 2024-3 A1</title>
        <cusip>92540MAA3</cusip>
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          <isin value="US92540MAA36"/>
          <ticker value="VERUS"/>
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        <balance>229284.45</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>230452.38</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>2069-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.338000000000</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>VOLKSWAGEN AUTO LEASE TRUST 2012-A</name>
        <lei>N/A</lei>
        <title>VALET 2025-1 A2A</title>
        <cusip>92868MAB5</cusip>
        <identifiers>
          <isin value="US92868MAB54"/>
          <ticker value="VALET"/>
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        <balance>388632.47</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>389002.19</valUSD>
        <pctVal>0.0641397473</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.510000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>VISTRA CORP</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>VST V8 PERP 144A</title>
        <cusip>92840MAB8</cusip>
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          <isin value="US92840MAB81"/>
          <ticker value="VST"/>
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        <balance>830000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>836386.88</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>2500-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</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>VISTRA OPERATIONS COMPANY LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>VST 4.3 10/15/28 144A</title>
        <cusip>92840VAX0</cusip>
        <identifiers>
          <isin value="US92840VAX01"/>
          <ticker value="VST"/>
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        <balance>2405000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2376824.75</valUSD>
        <pctVal>0.3918973796</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.300000000000</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>
        <name>AMGEN INC</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>AMGN 5.15 03/02/28</title>
        <cusip>031162DP2</cusip>
        <identifiers>
          <isin value="US031162DP23"/>
          <ticker value="AMGN"/>
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        <balance>1329000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1341664.63</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.150000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BBCMS MORTGAGE TRUST 2024-5C29</name>
        <lei>N/A</lei>
        <title>BBCMS 2024-5C29 XA</title>
        <cusip>05555PAD4</cusip>
        <identifiers>
          <isin value="US05555PAD42"/>
          <ticker value="BBCMS"/>
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        <balance>18186428</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>796449.19</valUSD>
        <pctVal>0.1313207255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-09-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.596388000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CSAIL 2017-CX10 COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CSAIL 2017-CX10 A3</title>
        <cusip>12595JAE4</cusip>
        <identifiers>
          <isin value="US12595JAE47"/>
          <ticker value="CSAIL"/>
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        <balance>113797.5</balance>
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        <curCd>USD</curCd>
        <valUSD>113416.39</valUSD>
        <pctVal>0.0187004053</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.397700000000</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>COLT 2024-INV2 MORTGAGE LOAN TRUST</name>
        <lei>2138001M5YM45SK1QW14</lei>
        <title>COLT 2024-INV2 A1</title>
        <cusip>12622SAA9</cusip>
        <identifiers>
          <isin value="US12622SAA96"/>
          <ticker value="COLT"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2065771.63</valUSD>
        <pctVal>0.3406100886</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-05-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.421000000000</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>CORPORATE ONE AUTO RECEIVABLES TRUST 2026-1</name>
        <lei>N/A</lei>
        <title>COART 2026-1A A2</title>
        <cusip>22004UAB9</cusip>
        <identifiers>
          <isin value="US22004UAB98"/>
          <ticker value="COART"/>
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        <balance>692000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>691259.25</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.130000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN BANKS</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>FHLBDN 0 07/09/26</title>
        <cusip>313385ZC3</cusip>
        <identifiers>
          <isin value="US313385ZC33"/>
          <ticker value="FHLB"/>
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        <balance>4000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3996798</valUSD>
        <pctVal>0.6590030093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-09</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>VISTRA OPERATIONS COMPANY LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>VST 5 04/30/31 144A</title>
        <cusip>92840VBA9</cusip>
        <identifiers>
          <isin value="US92840VBA98"/>
          <ticker value="VST"/>
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        <balance>630000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>625237.19</valUSD>
        <pctVal>0.1030908216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>VMWARE LLC</name>
        <lei>549300BUDHS3LRWBE814</lei>
        <title>VMW 1.4 08/15/26</title>
        <cusip>928563AJ4</cusip>
        <identifiers>
          <isin value="US928563AJ42"/>
          <ticker value="VMW"/>
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        <balance>1294000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1289082.63</valUSD>
        <pctVal>0.2125474774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-08-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FIGRE TRUST 2025-HE1</name>
        <lei>N/A</lei>
        <title>FIGRE 2025-FL2 A1</title>
        <cusip>31684TAA2</cusip>
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          <isin value="US31684TAA25"/>
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        <balance>129328.29</balance>
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        <curCd>USD</curCd>
        <valUSD>128464.42</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.053000000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>STATE BOARD OF ADMINISTRATION FINANCE CORP</name>
        <lei>549300S34SOJ0RULXM35</lei>
        <title>FL FLSGEN 5.53 07/01/2034</title>
        <cusip>341271AH7</cusip>
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          <isin value="US341271AH76"/>
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        <balance>535000</balance>
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        <curCd>USD</curCd>
        <valUSD>556326.31</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WELLS FARGO COMMERCIAL MORTGAGE TRUST 2021-C59</name>
        <lei>N/A</lei>
        <title>WFCM 2021-C59 XA</title>
        <cusip>95003CBU3</cusip>
        <identifiers>
          <isin value="US95003CBU36"/>
          <ticker value="WFCM"/>
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        <balance>16022227</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.463628000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WILLIS NORTH AMERICA INC</name>
        <lei>5493004KVU1HWZCP0C66</lei>
        <title>WTW 4.65 06/15/27</title>
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          <isin value="US970648AL56"/>
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        <balance>1650000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST 2025-DNA2</name>
        <lei>529900XX8WXEM4FBIH80</lei>
        <title>STACR 2025-DNA2 A1</title>
        <cusip>35564NHY2</cusip>
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          <isin value="US35564NHY22"/>
          <ticker value="STACR"/>
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        <balance>354170</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-05-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLY FINANCIAL INC</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>ALLY 8 11/01/31 *</title>
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          <isin value="US36186CBY84"/>
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        <curCd>USD</curCd>
        <valUSD>317415.25</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WORKDAY INC</name>
        <lei>549300J0DYC0N31V7G13</lei>
        <title>WDAY 3.5 04/01/27</title>
        <cusip>98138HAG6</cusip>
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          <isin value="US98138HAG65"/>
          <ticker value="WDAY"/>
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        <balance>880000</balance>
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        <curCd>USD</curCd>
        <valUSD>873640.13</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WORLD OMNI AUTO RECEIVABLES TRUST 2026-A</name>
        <lei>N/A</lei>
        <title>WOART 2026-A A3</title>
        <cusip>98190AAD3</cusip>
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          <isin value="US98190AAD37"/>
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        <balance>1069000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HYUNDAI AUTO RECEIVABLES TRUST 2025-C</name>
        <lei>N/A</lei>
        <title>HART 2025-C A2B</title>
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          <isin value="US44935JAC09"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-17</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>O'Reilly Automotive Inc.</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>O'Reilly Automotive Inc. 0% CP 22/07/2026</title>
        <cusip>67117HGN5</cusip>
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          <ticker value="ORLY"/>
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        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OBX 2024-NQM14 TRUST</name>
        <lei>254900C7ZCEHM7Y5MX79</lei>
        <title>OBX 2024-NQM14 A1</title>
        <cusip>67119XAC8</cusip>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>ONSLOW BAY FINANCIAL LLC</name>
        <lei>549300JK5TDDSAIKZ665</lei>
        <title>OBX 2026-NQM9 A1</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>SPACE EXPLORATION TECHNOLOGIES CORP</name>
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        <title>SPCX 5.35 07/15/31 144A</title>
        <cusip>84615QAA1</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ZAIS CLO 16 LTD</name>
        <lei>549300AH84CSK4XX3T86</lei>
        <title>ZAIS 2020-16A A1R2</title>
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          <ticker value="ZAIS"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ABN AMRO BANK NV</name>
        <lei>BFXS5XCH7N0Y05NIXW11</lei>
        <title>ABNANV V6.339 09/18/27 144A</title>
        <cusip>00084DBA7</cusip>
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        <curCd>USD</curCd>
        <valUSD>1154050.13</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.339000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AEGON FUNDING COMPANY LLC</name>
        <lei>KEIOKM01PSK5VZ5CCI74</lei>
        <title>AEGON 5.5 04/16/27 144A</title>
        <cusip>00775VAA2</cusip>
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        <valUSD>669254.88</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMERICAN EXPRESS COMPANY</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>AXP V5.098 02/16/28</title>
        <cusip>025816DP1</cusip>
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        <curCd>USD</curCd>
        <valUSD>844348.75</valUSD>
        <pctVal>0.1392185362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.098000000000</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>BAE SYSTEMS PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>BALN 5.25 03/26/31 144A</title>
        <cusip>05523RAK3</cusip>
        <identifiers>
          <isin value="US05523RAK32"/>
          <ticker value="BALN"/>
        </identifiers>
        <balance>1430000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1457886.88</valUSD>
        <pctVal>0.2403803848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</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>BANCO SANTANDER SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>SANTAN V1.722 09/14/27</title>
        <cusip>05964HAN5</cusip>
        <identifiers>
          <isin value="US05964HAN52"/>
          <ticker value="SANTAN"/>
        </identifiers>
        <balance>3600000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3579544.75</valUSD>
        <pctVal>0.5902051498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.722000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>BACR V5.367 02/25/31</title>
        <cusip>06738ECY9</cusip>
        <identifiers>
          <isin value="US06738ECY95"/>
          <ticker value="BACR"/>
        </identifiers>
        <balance>320000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>324498</valUSD>
        <pctVal>0.0535041197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.367000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="305794.930000000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BRAVO RESIDENTIAL FUNDING TRUST 2022-NQM3</name>
        <lei>N/A</lei>
        <title>BRAVO 2024-NQM3 A1</title>
        <cusip>10569LAA3</cusip>
        <identifiers>
          <isin value="US10569LAA35"/>
          <ticker value="BRAVO"/>
        </identifiers>
        <balance>485659.94</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>488291.59</valUSD>
        <pctVal>0.0805108557</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.191000000000</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>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP</name>
        <lei>N/A</lei>
        <title>CHTR 5.125 05/01/27 144A</title>
        <cusip>1248EPBT9</cusip>
        <identifiers>
          <isin value="US1248EPBT92"/>
          <ticker value="CHTR"/>
        </identifiers>
        <balance>98000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>97801</valUSD>
        <pctVal>0.0161256969</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.125000000000</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>FIRST CITIZENS BANCSHARES INC</name>
        <lei>549300N3Z00ZHE2XC526</lei>
        <title>FCNCA 6.125 03/09/28</title>
        <cusip>125581GX0</cusip>
        <identifiers>
          <isin value="US125581GX07"/>
          <ticker value="FCNCA"/>
        </identifiers>
        <balance>829000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>844499.81</valUSD>
        <pctVal>0.1392434434</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.125000000000</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>CAIXABANK SA</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>CABKSM V4.818 04/22/32 144A</title>
        <cusip>12803RAN4</cusip>
        <identifiers>
          <isin value="US12803RAN44"/>
          <ticker value="CABKSM"/>
        </identifiers>
        <balance>480000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>476083.84</valUSD>
        <pctVal>0.0784980085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.818000000000</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>CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2023-1</name>
        <lei>N/A</lei>
        <title>COPAR 2025-1 A3</title>
        <cusip>14043YAD7</cusip>
        <identifiers>
          <isin value="US14043YAD76"/>
          <ticker value="COPAR"/>
        </identifiers>
        <balance>765000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>758088.63</valUSD>
        <pctVal>0.1249957312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.850000000000</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 2026-2 A3</title>
        <cusip>142935AD7</cusip>
        <identifiers>
          <isin value="US142935AD70"/>
          <ticker value="CARMX"/>
          <other otherDesc="In-House" value="142935AD7"/>
        </identifiers>
        <balance>96000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>95440.36</valUSD>
        <pctVal>0.0157364682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.220000000000</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>CATERPILLAR FINANCIAL SERVICES CORP</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
        <title>CAT 4.5 05/15/31 L</title>
        <cusip>14913V2D9</cusip>
        <identifiers>
          <isin value="US14913V2D99"/>
          <ticker value="CAT"/>
        </identifiers>
        <balance>2935000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2921115.5</valUSD>
        <pctVal>0.4816415303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</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>CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATION OPERATING CAPITAL CORP</name>
        <lei>549300TPZNMN50BJ3745</lei>
        <title>CHTR 4.2 03/15/28</title>
        <cusip>161175BK9</cusip>
        <identifiers>
          <isin value="US161175BK95"/>
          <ticker value="CHTR"/>
        </identifiers>
        <balance>1855000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1830645.63</valUSD>
        <pctVal>0.3018418692</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>4.200000000000</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>CONAGRA BRANDS INC</name>
        <lei>54930035UDEIH090K650</lei>
        <title>CONAGRA BRANDS INC 0% CP 01/07/2026</title>
        <cusip>20600HG16</cusip>
        <identifiers>
          <isin value="US20600HG161"/>
          <ticker value="CAG"/>
        </identifiers>
        <balance>2195000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2195000</valUSD>
        <pctVal>0.3619176164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>CONNECTICUT AVENUE SECURITIES TRUST 2026-R01</name>
        <lei>N/A</lei>
        <title>CAS 2026-R01 2A1</title>
        <cusip>20755BAA8</cusip>
        <identifiers>
          <isin value="US20755BAA89"/>
          <ticker value="CAS"/>
        </identifiers>
        <balance>1025841.44</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1025311.44</valUSD>
        <pctVal>0.1690561606</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.477760000000</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>CAS 2025-R04 1M1</title>
        <cusip>20755TAB7</cusip>
        <identifiers>
          <isin value="US20755TAB70"/>
          <ticker value="CAS"/>
        </identifiers>
        <balance>490006.94</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>490295.41</valUSD>
        <pctVal>0.0808412511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.827760000000</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>CROWN CASTLE INC</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CCI 4.9 09/01/29</title>
        <cusip>22822VBF7</cusip>
        <identifiers>
          <isin value="US22822VBF76"/>
          <ticker value="CCI"/>
        </identifiers>
        <balance>1707000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1712999.63</valUSD>
        <pctVal>0.2824440743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.900000000000</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>DICKS SPORTING GOODS INC</name>
        <lei>529900SSBV5I4LWSK313</lei>
        <title>DKS 4 10/01/29 144A</title>
        <cusip>253393AH5</cusip>
        <identifiers>
          <isin value="US253393AH50"/>
          <ticker value="DKS"/>
        </identifiers>
        <balance>4085000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3975987.13</valUSD>
        <pctVal>0.6555716560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</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>Extra Space Storage LP</name>
        <lei>549300YNKSKNZFR8UC42</lei>
        <title>Extra Space Storage LP 0% CP 01/07/2026</title>
        <cusip>30227QG18</cusip>
        <identifiers>
          <isin value="US30227QG188"/>
          <ticker value="EXR"/>
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        <balance>1335000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1335000</valUSD>
        <pctVal>0.2201184592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>None</couponKind>
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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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>CAS 2016-C07 2M2</title>
        <cusip>30711XEC4</cusip>
        <identifiers>
          <isin value="US30711XEC48"/>
          <ticker value="FNMA"/>
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        <balance>216962.92</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>219554.38</valUSD>
        <pctVal>0.0362007280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.092240000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BS9301</title>
        <cusip>3140LLKP5</cusip>
        <identifiers>
          <isin value="US3140LLKP53"/>
          <ticker value="FNMA"/>
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        <balance>310844.13</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>311960.31</valUSD>
        <pctVal>0.0514368710</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.690000000000</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>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>FITB V4.895 09/06/30</title>
        <cusip>316773DM9</cusip>
        <identifiers>
          <isin value="US316773DM97"/>
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        <balance>12000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12017.79</valUSD>
        <pctVal>0.0019815262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.895000000000</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>GS MORTGAGE-BACKED SECURITIES TRUST 2025-CES2</name>
        <lei>254900U0V0TUGIF39T29</lei>
        <title>GSMBS 2025-CES2 A1</title>
        <cusip>36273BAA7</cusip>
        <identifiers>
          <isin value="US36273BAA70"/>
          <ticker value="GSMBS"/>
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        <balance>161519.45</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>160595.19</valUSD>
        <pctVal>0.0264793751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.180000000000</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>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>HYNMTR 5 06/18/31 144A</title>
        <cusip>44891AEP8</cusip>
        <identifiers>
          <isin value="US44891AEP84"/>
          <ticker value="HYNMTR"/>
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        <balance>1480000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1477668.91</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>2031-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ISKANDAR ENTERPRISE LLC / KAVEH ENTERPRISE LLC</name>
        <lei>N/A</lei>
        <title>CLDHQ 2026-1A A21</title>
        <cusip>464338AA0</cusip>
        <identifiers>
          <isin value="US464338AA09"/>
          <ticker value="CLDHQ"/>
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        <balance>887000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>881755.06</valUSD>
        <pctVal>0.1453861911</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.049000000000</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>J.P. MORGAN MORTGAGE TRUST 2026-NQX2</name>
        <lei>N/A</lei>
        <title>JPMMT 2026-NQX2 A1FC</title>
        <cusip>46661HAA3</cusip>
        <identifiers>
          <isin value="US46661HAA32"/>
          <ticker value="JPMMT"/>
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        <balance>1498000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1498000</valUSD>
        <pctVal>0.2469943460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</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>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS V4.818 06/13/29</title>
        <cusip>539439BD0</cusip>
        <identifiers>
          <isin value="US539439BD02"/>
          <ticker value="LLOYDS"/>
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        <balance>1076000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1077471.25</valUSD>
        <pctVal>0.1776564130</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.818000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>MARVELL TECHNOLOGY INC</name>
        <lei>N/A</lei>
        <title>MRVL 5.75 02/15/29</title>
        <cusip>573874AP9</cusip>
        <identifiers>
          <isin value="US573874AP91"/>
          <ticker value="MRVL"/>
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        <balance>919000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>942296.94</valUSD>
        <pctVal>0.1553685023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</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>MEDLINE BORROWER LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>MEDIND 3.875 04/01/29 144A</title>
        <cusip>62482BAA0</cusip>
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          <isin value="US62482BAA08"/>
          <ticker value="MEDIND"/>
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        <balance>4425000</balance>
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        <curCd>USD</curCd>
        <valUSD>4297290.06</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>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>ONE BRYANT PARK TRUST 2019-OBP</name>
        <lei>N/A</lei>
        <title>OBP 2019-OBP A</title>
        <cusip>68236JAA9</cusip>
        <identifiers>
          <isin value="US68236JAA97"/>
          <ticker value="OBP"/>
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        <balance>813000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>750641.25</valUSD>
        <pctVal>0.1237677868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.516410000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>1011778 B.C. ULC / NEW RED FINANCE INC</name>
        <lei>N/A</lei>
        <title>BCULC 6.125 06/15/29 144A</title>
        <cusip>68245XAR0</cusip>
        <identifiers>
          <isin value="US68245XAR08"/>
          <ticker value="BCULC"/>
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        <balance>315000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>319726.57</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</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>
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      <invstOrSec>
        <name>REGAL REXNORD CORP</name>
        <lei>QH78R09VCJGQKPBPYU33</lei>
        <title>RRX 6.05 04/15/28</title>
        <cusip>758750AM5</cusip>
        <identifiers>
          <isin value="US758750AM58"/>
          <ticker value="RRX"/>
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        <balance>677000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>691256.44</valUSD>
        <pctVal>0.1139762565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.050000000000</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>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2013-5</name>
        <lei>N/A</lei>
        <title>SDART 2023-3 B</title>
        <cusip>80285XAD7</cusip>
        <identifiers>
          <isin value="US80285XAD75"/>
          <ticker value="SDART"/>
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        <balance>20715.58</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20731.44</valUSD>
        <pctVal>0.0034182567</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.610000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>SIGNAL PEAK CLO 1 LTD 2018-5A</name>
        <lei>N/A</lei>
        <title>ABS FLOAT SER.2018-5A CL.A1R2</title>
        <cusip>82666VAN4</cusip>
        <identifiers>
          <other otherDesc="In-House" value="82666VAN4"/>
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        <balance>500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>500436</valUSD>
        <pctVal>0.0825132594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.89</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>SYMPHONY CLO XXIII LTD</name>
        <lei>54930001DQI1CFLYVB48</lei>
        <title>SYMP 2020-23A AR2</title>
        <cusip>87167NDL6</cusip>
        <identifiers>
          <isin value="US87167NDL64"/>
          <ticker value="SYMP"/>
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        <balance>324483.31</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>324547.56</valUSD>
        <pctVal>0.0535122913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.573100000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>TARGA RES CORP</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>TARGA RES CORP 0% CP 01/07/2026</title>
        <cusip>87613LG11</cusip>
        <identifiers>
          <isin value="US87613LG117"/>
        </identifiers>
        <balance>1715000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1715000</valUSD>
        <pctVal>0.2827739007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>UBS COMMERCIAL MORTGAGE TRUST 2019-C17</name>
        <lei>N/A</lei>
        <title>UBSCM 2019-C17 XA</title>
        <cusip>90278MBB2</cusip>
        <identifiers>
          <isin value="US90278MBB28"/>
          <ticker value="UBSCM"/>
        </identifiers>
        <balance>10309549</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>386285.41</valUSD>
        <pctVal>0.0636917972</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-10-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.435520000000</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>UDR INC</name>
        <lei>P3CH2EG5X6Z1XWU1OO74</lei>
        <title>UDR INC 0% CP 07/07/2026</title>
        <cusip>90352QG76</cusip>
        <identifiers>
          <isin value="US90352QG769"/>
          <ticker value="UDR"/>
        </identifiers>
        <balance>1905000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1903735.25</valUSD>
        <pctVal>0.3138930861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-07</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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 STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.875 05/31/27</title>
        <cusip>91282CNE7</cusip>
        <identifiers>
          <isin value="US91282CNE74"/>
          <ticker value="T"/>
        </identifiers>
        <balance>28500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28441218</valUSD>
        <pctVal>4.6894659801</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-31</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>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WFC V4.844 05/20/32</title>
        <cusip>95000U4J9</cusip>
        <identifiers>
          <isin value="US95000U4J91"/>
          <ticker value="WFC"/>
        </identifiers>
        <balance>1880000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1873644.25</valUSD>
        <pctVal>0.3089315995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.844000000000</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>WISCONSIN ELECTRIC POWER COMPANY</name>
        <lei>AENKIFMULUAWOUU8Q584</lei>
        <title>WEC 4.15 10/15/30</title>
        <cusip>976656CU0</cusip>
        <identifiers>
          <isin value="US976656CU00"/>
          <ticker value="WEC"/>
        </identifiers>
        <balance>420000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>411964.38</valUSD>
        <pctVal>0.0679258162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.150000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="59510.150000000000"/>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-08-19</ncom:dateSigned>
      <ncom:nameOfApplicant>EMPOWER FUNDS, INC.</ncom:nameOfApplicant>
      <ncom:signature>/s/Kelly New</ncom:signature>
      <ncom:signerName>Kelly New</ncom:signerName>
      <ncom:title>Treasurer, Empower Funds, Inc.</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
