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        <curCd>USD</curCd>
        <valUSD>1454178.51</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>PROGRESS RESIDENTIAL 2026-SFR1 PROG 2026 SFR1 A 144A</name>
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        <cusip>74334HAA2</cusip>
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          <isin value="US74334HAA23"/>
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        <curCd>USD</curCd>
        <valUSD>2838715.77</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PROGRESS RESIDENTIAL 2025-SFR1 PROG 2025 SFR1 A 144A</name>
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          <isin value="US74334NAA90"/>
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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>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PROGRESS RESIDENTIAL 2025-SFR5 PROG 2025 SFR5 A 144A</name>
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          <isin value="US74334RAA05"/>
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        <curCd>USD</curCd>
        <valUSD>1366880.78</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROCK TRUST 2024-CNTR ROCC 2024 CNTR A 144A</name>
        <lei>N/A</lei>
        <title>ROCK TRUST 2024-CNTR ROCC 2024 CNTR A 144A</title>
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        <identifiers>
          <isin value="US74970WAA80"/>
          <ticker value="ROCC"/>
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        <balance>1954000</balance>
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        <curCd>USD</curCd>
        <valUSD>2022305.2</valUSD>
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        <assetCat>ABS-MBS</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>ROCK TRUST 2024-CNTR ROCC 2024 CNTR D 144A</name>
        <lei>N/A</lei>
        <title>ROCK TRUST 2024-CNTR ROCC 2024 CNTR D 144A</title>
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          <isin value="US74970WAG50"/>
          <ticker value="ROCC"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BBCMS MORTGAGE TRUST 2020-C6 BBCMS 2020 C6 A2</name>
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        <cusip>05492TAB6</cusip>
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          <isin value="US05492TAB61"/>
          <ticker value="BBCMS"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2017 54 IO</title>
        <cusip>38379RSG9</cusip>
        <identifiers>
          <isin value="US38379RSG91"/>
          <ticker value="GNR"/>
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        <curCd>USD</curCd>
        <valUSD>466531.33</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.705650000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <cusip>38379RSQ7</cusip>
        <identifiers>
          <isin value="US38379RSQ73"/>
          <ticker value="GNR"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7736.21</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.687770000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <cusip>38379RW58</cusip>
        <identifiers>
          <isin value="US38379RW580"/>
          <ticker value="GNR"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>906.83</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.626910000000</annualizedRt>
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      <invstOrSec>
        <name>SUBWAY FUNDING LLC SUBWAY 2024 3A A23 144A</name>
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        <title>SUBWAY FUNDING LLC SUBWAY 2024 3A A23 144A</title>
        <cusip>864300AL2</cusip>
        <identifiers>
          <isin value="US864300AL27"/>
          <ticker value="SUBWAY"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>SUMMIT ISSUER LLC FIBER 2025 1A A2 144A</name>
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        <title>SUMMIT ISSUER LLC FIBER 2025 1A A2 144A</title>
        <cusip>86613XAN5</cusip>
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          <isin value="US86613XAN57"/>
          <ticker value="FIBER"/>
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        <curCd>USD</curCd>
        <valUSD>1205859.17</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>SWITCH ABS ISSUER LLC SWTCH 2024 2A A2 144A</name>
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        <title>SWITCH ABS ISSUER LLC SWTCH 2024 2A A2 144A</title>
        <cusip>871044AE3</cusip>
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          <isin value="US871044AE30"/>
          <ticker value="SWTCH"/>
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        <curCd>USD</curCd>
        <valUSD>469376.29</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <debtSec>
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      <invstOrSec>
        <name>SWITCH ABS ISSUER LLC SWTCH 2025 1A A2 144A</name>
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        <title>SWITCH ABS ISSUER LLC SWTCH 2025 1A A2 144A</title>
        <cusip>871044AL7</cusip>
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          <isin value="US871044AL72"/>
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        <valUSD>1497563.43</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>AandD MORTGAGE TRUST 2026-NQM1 ADMT 2026 NQM1 A1 144A</name>
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        <title>AandD MORTGAGE TRUST 2026-NQM1 ADMT 2026 NQM1 A1 144A</title>
        <cusip>00040DAC7</cusip>
        <identifiers>
          <isin value="US00040DAC74"/>
          <ticker value="ADMT"/>
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        <curCd>USD</curCd>
        <valUSD>993425.58</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>COLT 2022-2 MORTGAGE LOAN TRUS COLT 2022 2 A1 144A</name>
        <lei>N/A</lei>
        <title>COLT 2022-2 MORTGAGE LOAN TRUS COLT 2022 2 A1 144A</title>
        <cusip>19685EAA9</cusip>
        <identifiers>
          <isin value="US19685EAA91"/>
          <ticker value="COLT"/>
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        <balance>430730.98</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>419401.94</valUSD>
        <pctVal>0.1502729280</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.994000000000</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>COLT 2021-2 MORTGAGE LOAN TRUS COLT 2021 2 A1 144A</name>
        <lei>N/A</lei>
        <title>COLT 2021-2 MORTGAGE LOAN TRUS COLT 2021 2 A1 144A</title>
        <cusip>19685WAA9</cusip>
        <identifiers>
          <isin value="US19685WAA99"/>
          <ticker value="COLT"/>
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        <balance>291323.5</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250433.45</valUSD>
        <pctVal>0.0897310294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>COLT 2020-RPL1 TRUST COLT 2020 RPL1 A1 144A</name>
        <lei>N/A</lei>
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        <cusip>19687YAA3</cusip>
        <identifiers>
          <isin value="US19687YAA38"/>
          <ticker value="COLT"/>
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        <curCd>USD</curCd>
        <valUSD>1878909.37</valUSD>
        <pctVal>0.6732186610</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.389700000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLT 2021-1RMORTGAGE PASS-THRO COLT 2021 1R A1 144A</name>
        <lei>N/A</lei>
        <title>COLT 2021-1RMORTGAGE PASS-THRO COLT 2021 1R A1 144A</title>
        <cusip>19688BAA2</cusip>
        <identifiers>
          <isin value="US19688BAA26"/>
          <ticker value="COLT"/>
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        <balance>14767.31</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13616.57</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.857000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLT 2021-3 MORTGAGE LOAN TRUS COLT 2021 3 A1 144A</name>
        <lei>N/A</lei>
        <title>COLT 2021-3 MORTGAGE LOAN TRUS COLT 2021 3 A1 144A</title>
        <cusip>19688FAA3</cusip>
        <identifiers>
          <isin value="US19688FAA30"/>
          <ticker value="COLT"/>
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        <balance>549180.42</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>479123.56</valUSD>
        <pctVal>0.1716713572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-09-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.956000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ABPCI DIRECT LENDING FUND ABS ABDLF 2020 1A A 144A</name>
        <lei>N/A</lei>
        <title>ABPCI DIRECT LENDING FUND ABS ABDLF 2020 1A A 144A</title>
        <cusip>00090TAA5</cusip>
        <identifiers>
          <isin value="US00090TAA51"/>
          <ticker value="ABDLF"/>
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        <balance>312015.5</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>310059.82</valUSD>
        <pctVal>0.1110953302</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.199000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AMSR 2024-SFR1 TRUST AMSR 2024 SFR1 A 144A</name>
        <lei>N/A</lei>
        <title>AMSR 2024-SFR1 TRUST AMSR 2024 SFR1 A 144A</title>
        <cusip>00179CAA6</cusip>
        <identifiers>
          <isin value="US00179CAA62"/>
          <ticker value="AMSR"/>
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        <balance>120000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>120089.46</valUSD>
        <pctVal>0.0430284008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-17</maturityDt>
          <couponKind>Variable</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLT 2021-HX1 MORTGAGE LOAN TR COLT 2021 HX1 A1 144A</name>
        <lei>N/A</lei>
        <title>COLT 2021-HX1 MORTGAGE LOAN TR COLT 2021 HX1 A1 144A</title>
        <cusip>19688KAA2</cusip>
        <identifiers>
          <isin value="US19688KAA25"/>
          <ticker value="COLT"/>
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        <balance>111624.23</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98236.62</valUSD>
        <pctVal>0.0351984650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.110000000000</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>COLT 2025-6 MORTGAGE LOAN TRUS COLT 2025 6 A1 144A</name>
        <lei>N/A</lei>
        <title>COLT 2025-6 MORTGAGE LOAN TRUS COLT 2025 6 A1 144A</title>
        <cusip>19689BAA1</cusip>
        <identifiers>
          <isin value="US19689BAA17"/>
          <ticker value="COLT"/>
        </identifiers>
        <balance>895079.17</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>905083.92</valUSD>
        <pctVal>0.3242941860</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.529000000000</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>BAHA TRUST 2024-MAR BAHA 2024 MAR A 144A</name>
        <lei>N/A</lei>
        <title>BAHA TRUST 2024-MAR BAHA 2024 MAR A 144A</title>
        <cusip>05493XAA8</cusip>
        <identifiers>
          <isin value="US05493XAA81"/>
          <ticker value="BAHA"/>
        </identifiers>
        <balance>2303000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2404011.88</valUSD>
        <pctVal>0.8613644089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.170726000000</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>BANK5 2025-5YR19 BANK5 2025 5YR19 A3</name>
        <lei>N/A</lei>
        <title>BANK5 2025-5YR19 BANK5 2025 5YR19 A3</title>
        <cusip>05494RBL5</cusip>
        <identifiers>
          <isin value="US05494RBL50"/>
          <ticker value="BANK5"/>
        </identifiers>
        <balance>1194000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1249617.48</valUSD>
        <pctVal>0.4477415569</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.270000000000</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>BBCMS MORTGAGE TRUST 2024-5C29 BBCMS 2024 5C29 A3</name>
        <lei>N/A</lei>
        <title>BBCMS MORTGAGE TRUST 2024-5C29 BBCMS 2024 5C29 A3</title>
        <cusip>05555PAC6</cusip>
        <identifiers>
          <isin value="US05555PAC68"/>
          <ticker value="BBCMS"/>
        </identifiers>
        <balance>2470000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2553187.62</valUSD>
        <pctVal>0.9148145080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.208000000000</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>BBCMS MORTGAGE TRUST 2025-5C38 BBCMS 2025 5C38 A3</name>
        <lei>N/A</lei>
        <title>BBCMS MORTGAGE TRUST 2025-5C38 BBCMS 2025 5C38 A3</title>
        <cusip>05556RAB3</cusip>
        <identifiers>
          <isin value="US05556RAB33"/>
          <ticker value="BBCMS"/>
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        <balance>495000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>514396.08</valUSD>
        <pctVal>0.1843096031</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.146120000000</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 2026-5C40 BBCMS 2026 5C40 A3</name>
        <lei>N/A</lei>
        <title>BBCMS MORTGAGE TRUST 2026-5C40 BBCMS 2026 5C40 A3</title>
        <cusip>05557AAC7</cusip>
        <identifiers>
          <isin value="US05557AAC71"/>
          <ticker value="BBCMS"/>
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        <balance>1181000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1234910.52</valUSD>
        <pctVal>0.4424720106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.247930000000</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>BX TRUST 2019-OC11 BX 2019 OC11 A 144A</name>
        <lei>N/A</lei>
        <title>BX TRUST 2019-OC11 BX 2019 OC11 A 144A</title>
        <cusip>05606FAA1</cusip>
        <identifiers>
          <isin value="US05606FAA12"/>
          <ticker value="BX"/>
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        <balance>1172000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1126318.37</valUSD>
        <pctVal>0.4035631292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.202000000000</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>BXHPP TRUST 2021-FILM BXHPP 2021 FILM C 144A</name>
        <lei>N/A</lei>
        <title>BXHPP TRUST 2021-FILM BXHPP 2021 FILM C 144A</title>
        <cusip>05609JAL6</cusip>
        <identifiers>
          <isin value="US05609JAL61"/>
          <ticker value="BXHPP"/>
        </identifiers>
        <balance>1409000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1225830</valUSD>
        <pctVal>0.4392184340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.874480000000</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>BX TRUST 2022-CLS BX 2022 CLS A 144A</name>
        <lei>N/A</lei>
        <title>BX TRUST 2022-CLS BX 2022 CLS A 144A</title>
        <cusip>05609XAA9</cusip>
        <identifiers>
          <isin value="US05609XAA90"/>
          <ticker value="BX"/>
        </identifiers>
        <balance>1098000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1101021.59</valUSD>
        <pctVal>0.3944992198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.760000000000</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>BANK5 2025-5YR18 BANK5 2025 5YR18 A3</name>
        <lei>N/A</lei>
        <title>BANK5 2025-5YR18 BANK5 2025 5YR18 A3</title>
        <cusip>06604CAC4</cusip>
        <identifiers>
          <isin value="US06604CAC47"/>
          <ticker value="BANK5"/>
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        <balance>2368000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2460380.42</valUSD>
        <pctVal>0.8815614198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.145000000000</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>BBCMS MORTGAGE TRUST 2024-5C31 BBCMS 2024 5C31 A3</name>
        <lei>N/A</lei>
        <title>BBCMS MORTGAGE TRUST 2024-5C31 BBCMS 2024 5C31 A3</title>
        <cusip>07336YAC9</cusip>
        <identifiers>
          <isin value="US07336YAC93"/>
          <ticker value="BBCMS"/>
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        <balance>983000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1030419.53</valUSD>
        <pctVal>0.3692022975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.609000000000</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>BEACON CONTAINER FINANCE II LL BEACN 2021 1A A 144A</name>
        <lei>N/A</lei>
        <title>BEACON CONTAINER FINANCE II LL BEACN 2021 1A A 144A</title>
        <cusip>07359BAA5</cusip>
        <identifiers>
          <isin value="US07359BAA52"/>
          <ticker value="BEACN"/>
        </identifiers>
        <balance>3640266.93</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3427133.67</valUSD>
        <pctVal>1.2279519051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-10-22</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>Cloud Capital Holdco LP</name>
        <lei>N/A</lei>
        <title>BOURZOU ISSUER LLC, JAMSHID IS CLDCD 2024 2A A2 144A</title>
        <cusip>102104AC0</cusip>
        <identifiers>
          <isin value="US102104AC05"/>
          <ticker value="CLDCD"/>
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        <balance>1525000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1553197.4</valUSD>
        <pctVal>0.5565151202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.923000000000</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>BRAVO RESIDENTIAL FUNDING TRUS BRAVO 2021 NQM1 A1 144A</name>
        <lei>N/A</lei>
        <title>BRAVO RESIDENTIAL FUNDING TRUS BRAVO 2021 NQM1 A1 144A</title>
        <cusip>10569TAA6</cusip>
        <identifiers>
          <isin value="US10569TAA60"/>
          <ticker value="BRAVO"/>
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        <balance>257446.28</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245360.8</valUSD>
        <pctVal>0.0879134842</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.941000000000</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>CARS-DB7 LP CAUTO 2023 1A A1 144A</name>
        <lei>N/A</lei>
        <title>CARS-DB7 LP CAUTO 2023 1A A1 144A</title>
        <cusip>12510HAS9</cusip>
        <identifiers>
          <isin value="US12510HAS94"/>
          <ticker value="CAUTO"/>
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        <balance>2038272.91</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2050156.45</valUSD>
        <pctVal>0.7345769850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capital Automotive REIT</name>
        <lei>N/A</lei>
        <title>CAPITAL AUTOMOTIVE REIT CAUTO 2024 2A A2 144A</title>
        <cusip>12510HAX8</cusip>
        <identifiers>
          <isin value="US12510HAX89"/>
          <ticker value="CAUTO"/>
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        <balance>877100.01</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>881195.28</valUSD>
        <pctVal>0.3157348172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-15</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Capital Automotive REIT</name>
        <lei>N/A</lei>
        <title>CAPITAL AUTOMOTIVE REIT CAUTO 2024 3A A1 144A</title>
        <cusip>12510HAZ3</cusip>
        <identifiers>
          <isin value="US12510HAZ38"/>
          <ticker value="CAUTO"/>
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        <balance>936730.04</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>929056.07</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>2054-10-15</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>
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      </invstOrSec>
      <invstOrSec>
        <name>CENT 2025-CITY CENT 2025 CITY A 144A</name>
        <lei>N/A</lei>
        <title>CENT 2025-CITY CENT 2025 CITY A 144A</title>
        <cusip>12517TAA5</cusip>
        <identifiers>
          <isin value="US12517TAA51"/>
          <ticker value="CENT"/>
        </identifiers>
        <balance>1173000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1202243.59</valUSD>
        <pctVal>0.4307673551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.919988000000</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>CLI Funding VI LLC</name>
        <lei>N/A</lei>
        <title>CLI FUNDING VI LLC CLIF 2020 1A A 144A</title>
        <cusip>12563LAN7</cusip>
        <identifiers>
          <isin value="US12563LAN73"/>
          <ticker value="CLIF"/>
        </identifiers>
        <balance>1827001.49</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1734759.11</valUSD>
        <pctVal>0.6215692060</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.080000000000</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>COMPASS DATACENTERS ISSUER II CMPDC 2024 1A A1 144A</name>
        <lei>N/A</lei>
        <title>COMPASS DATACENTERS ISSUER II CMPDC 2024 1A A1 144A</title>
        <cusip>20469AAA7</cusip>
        <identifiers>
          <isin value="US20469AAA79"/>
          <ticker value="CMPDC"/>
        </identifiers>
        <balance>1400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1409548.7</valUSD>
        <pctVal>0.5050453756</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-25</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>COMPASS DATACENTERS ISSUER III CMDC 2025 2A A2 144A</name>
        <lei>N/A</lei>
        <title>COMPASS DATACENTERS ISSUER III CMDC 2025 2A A2 144A</title>
        <cusip>20469BAB3</cusip>
        <identifiers>
          <isin value="US20469BAB36"/>
          <ticker value="CMDC"/>
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        <balance>579000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>591379.19</valUSD>
        <pctVal>0.2118928740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.835000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>COMPASS DATACENTERS ISSUER II CMPDC 2025 1A A1 144A</name>
        <lei>N/A</lei>
        <title>COMPASS DATACENTERS ISSUER II CMPDC 2025 1A A1 144A</title>
        <cusip>20469CAA3</cusip>
        <identifiers>
          <isin value="US20469CAA36"/>
          <ticker value="CMPDC"/>
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        <balance>1374000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1392227.35</valUSD>
        <pctVal>0.4988390858</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.316000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CONCORD MUSIC ROYALTIES LLC TUNES 2025 2A A 144A</name>
        <lei>N/A</lei>
        <title>CONCORD MUSIC ROYALTIES LLC TUNES 2025 2A A 144A</title>
        <cusip>20633KAL2</cusip>
        <identifiers>
          <isin value="US20633KAL26"/>
          <ticker value="TUNES"/>
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        <balance>1293000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1331914.26</valUSD>
        <pctVal>0.4772287312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2075-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.785000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CONSOLIDATED COMMUNICATIONS LL CNSL 2025 1A A2 144A</name>
        <lei>N/A</lei>
        <title>CONSOLIDATED COMMUNICATIONS LL CNSL 2025 1A A2 144A</title>
        <cusip>209031AA1</cusip>
        <identifiers>
          <isin value="US209031AA16"/>
          <ticker value="CNSL"/>
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        <balance>1660000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1701771.41</valUSD>
        <pctVal>0.6097496177</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CROSS 2025-H8 MORTGAGE TRUST CROSS 2025 H8 A1 144A</name>
        <lei>N/A</lei>
        <title>CROSS 2025-H8 MORTGAGE TRUST CROSS 2025 H8 A1 144A</title>
        <cusip>22757XAA4</cusip>
        <identifiers>
          <isin value="US22757XAA46"/>
          <ticker value="CROSS"/>
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        <balance>1887190.26</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1895561.84</valUSD>
        <pctVal>0.6791852892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.003000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CROSS 2026-NQM1 MORTGAGE TRUST CROSS 2026 NQM1 A1 144A</name>
        <lei>N/A</lei>
        <title>CROSS 2026-NQM1 MORTGAGE TRUST CROSS 2026 NQM1 A1 144A</title>
        <cusip>22758EAA5</cusip>
        <identifiers>
          <isin value="US22758EAA55"/>
          <ticker value="CROSS"/>
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        <balance>2203868.34</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2203291.37</valUSD>
        <pctVal>0.7894456697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.699000000000</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-H10 MORTGAGE TRUST CROSS 2025 H10 A1 144A</name>
        <lei>N/A</lei>
        <title>CROSS 2025-H10 MORTGAGE TRUST CROSS 2025 H10 A1 144A</title>
        <cusip>22758YAC7</cusip>
        <identifiers>
          <isin value="US22758YAC75"/>
          <ticker value="CROSS"/>
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        <balance>900001.12</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>903015.49</valUSD>
        <pctVal>0.3235530615</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-01-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CROSS 2025-H9 MORTGAGE TRUST CROSS 2025 H9 A1 144A</name>
        <lei>N/A</lei>
        <title>CROSS 2025-H9 MORTGAGE TRUST CROSS 2025 H9 A1 144A</title>
        <cusip>227923AA7</cusip>
        <identifiers>
          <isin value="US227923AA76"/>
          <ticker value="CROSS"/>
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        <balance>1554668.57</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1561632.09</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.036000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DB Master Finance LLC</name>
        <lei>N/A</lei>
        <title>DB MASTER FINANCE LLC DNKN 2017 1A A2II 144A</title>
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        <identifiers>
          <isin value="US233046AF89"/>
          <ticker value="DNKN"/>
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        <balance>1021200</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1017316.78</valUSD>
        <pctVal>0.3645075443</pctVal>
        <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>Fixed</couponKind>
          <annualizedRt>4.030000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DB Master Finance LLC</name>
        <lei>N/A</lei>
        <title>DB MASTER FINANCE LLC DNKN 2025 1A A2I 144A</title>
        <cusip>233046AU5</cusip>
        <identifiers>
          <isin value="US233046AU56"/>
          <ticker value="DNKN"/>
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        <balance>891765</balance>
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        <curCd>USD</curCd>
        <valUSD>900809.55</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>
          <maturityDt>2055-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.891000000000</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>DB Master Finance LLC</name>
        <lei>N/A</lei>
        <title>DB MASTER FINANCE LLC DNKN 2025 1A A2II 144A</title>
        <cusip>233046AW1</cusip>
        <identifiers>
          <isin value="US233046AW13"/>
          <ticker value="DNKN"/>
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        <balance>952612.5</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>965824.38</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.165000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AMSR 2021-SFR1 TRUST AMSR 2021 SFR1 B 144A</name>
        <lei>N/A</lei>
        <title>AMSR 2021-SFR1 TRUST AMSR 2021 SFR1 B 144A</title>
        <cusip>00179DAB2</cusip>
        <identifiers>
          <isin value="US00179DAB29"/>
          <ticker value="AMSR"/>
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        <balance>570000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>540864.17</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.153000000000</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>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>DOMINO'S PIZZA MASTER ISSUER L DPABS 2025 1A A2II 144A</title>
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        <identifiers>
          <isin value="US25755TAR14"/>
          <ticker value="DPABS"/>
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        <balance>885000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>908172.13</valUSD>
        <pctVal>0.3254007006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.217000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Driven Brands Funding LLC</name>
        <lei>N/A</lei>
        <title>DRIVEN BRANDS FUNDING LLC HONK 2020 2A A2 144A</title>
        <cusip>26209XAC5</cusip>
        <identifiers>
          <isin value="US26209XAC56"/>
          <ticker value="HONK"/>
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        <balance>1831302.84</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1785484.19</valUSD>
        <pctVal>0.6397441488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.237000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Driven Brands Funding LLC</name>
        <lei>N/A</lei>
        <title>DRIVEN BRANDS FUNDING LLC HONK 2021 1A A2 144A</title>
        <cusip>26209XAD3</cusip>
        <identifiers>
          <isin value="US26209XAD30"/>
          <ticker value="HONK"/>
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        <balance>1759829.64</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1674055.19</valUSD>
        <pctVal>0.5998188159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.791000000000</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>ELLINGTON FINANCIAL MORTGAGE T EFMT 2019 2 A1 144A</name>
        <lei>N/A</lei>
        <title>ELLINGTON FINANCIAL MORTGAGE T EFMT 2019 2 A1 144A</title>
        <cusip>31573TAA6</cusip>
        <identifiers>
          <isin value="US31573TAA60"/>
          <ticker value="EFMT"/>
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        <balance>12976.45</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12671.54</valUSD>
        <pctVal>0.0045402494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.739000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ELLINGTON FINANCIAL MORTGAGE T EFMT 2021 1 A1 144A</name>
        <lei>N/A</lei>
        <title>ELLINGTON FINANCIAL MORTGAGE T EFMT 2021 1 A1 144A</title>
        <cusip>31574XAA6</cusip>
        <identifiers>
          <isin value="US31574XAA63"/>
          <ticker value="EFMT"/>
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        <balance>93130.57</balance>
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        <curCd>USD</curCd>
        <valUSD>82705.55</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.797000000000</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>CLI Funding VI LLC</name>
        <lei>N/A</lei>
        <title>CLI FUNDING VI LLC CLIF 2020 3A A 144A</title>
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        <identifiers>
          <isin value="US12563LAS60"/>
          <ticker value="CLIF"/>
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        <balance>292972.19</balance>
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        <curCd>USD</curCd>
        <valUSD>278435.29</valUSD>
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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>2.070000000000</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>CLI Funding VIII LLC</name>
        <lei>N/A</lei>
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        <cusip>12565KAA5</cusip>
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          <isin value="US12565KAA51"/>
          <ticker value="CLIF"/>
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        <curCd>USD</curCd>
        <valUSD>625604.46</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-02-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.640000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2017 140 IO</title>
        <cusip>38379R4P5</cusip>
        <identifiers>
          <isin value="US38379R4P55"/>
          <ticker value="GNR"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.485130000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2017 109 IO</title>
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        <identifiers>
          <isin value="US38379RG989"/>
          <ticker value="GNR"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.201690000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2016 174 IO</title>
        <cusip>38379RJU8</cusip>
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          <isin value="US38379RJU86"/>
          <ticker value="GNR"/>
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        <balance>29261.94</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-11-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.724480000000</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>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2017 23 IO</title>
        <cusip>38379RMS9</cusip>
        <identifiers>
          <isin value="US38379RMS93"/>
          <ticker value="GNR"/>
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        <balance>5040664.39</balance>
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        <curCd>USD</curCd>
        <valUSD>169576.02</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-05-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.596640000000</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>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2017 22 IO</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CONSOLIDATED COMMUNICATIONS LL CNSL 2025 4A A2 144A</name>
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          <isin value="US315961AA07"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FIRSTKEY HOMES 2021-SFR1 TRUST FKH 2021 SFR1 C 144A</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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          <isin value="US38379U7Q30"/>
          <ticker value="GNR"/>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FIRSTKEY HOMES 2021-SFR1 TRUST FKH 2021 SFR1 D 144A</name>
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        <cusip>33767WAG8</cusip>
        <identifiers>
          <isin value="US33767WAG87"/>
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        <curCd>USD</curCd>
        <valUSD>439672.5</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FLAGSTAR MORTGAGE TRUST 2021-1 FSMT 2021 1 A2 144A</name>
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        <title>FLAGSTAR MORTGAGE TRUST 2021-1 FSMT 2021 1 A2 144A</title>
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        <identifiers>
          <isin value="US33852DAB73"/>
          <ticker value="FSMT"/>
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        <curCd>USD</curCd>
        <valUSD>803316.99</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>GCAT 2020-NQM2 TRUST GCAT 2020 NQM2 A1 144A</name>
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        <identifiers>
          <isin value="US36166RAA23"/>
          <ticker value="GCAT"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>GCAT 2021-NQM3 TRUST GCAT 2021 NQM3 A1 144A</name>
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          <ticker value="GCAT"/>
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        <debtSec>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2023 33 IO</title>
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          <ticker value="GNR"/>
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        <debtSec>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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          <ticker value="GNR"/>
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        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <debtSec>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2018 158 IO</title>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2023 62 IO</title>
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        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2023 177 IO</title>
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          <ticker value="GNR"/>
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        <debtSec>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
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        <curCd>USD</curCd>
        <valUSD>306242.01</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-04-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.875850000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2023 105 IO</title>
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        <identifiers>
          <isin value="US38381JMK06"/>
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        <balance>5527605.74</balance>
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        <curCd>USD</curCd>
        <valUSD>326815.82</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.748350000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2025 35 IO</title>
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          <isin value="US38381L7W60"/>
          <ticker value="GNR"/>
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        <curCd>USD</curCd>
        <valUSD>916717.84</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-09-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.762680000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2024 193 IO</title>
        <cusip>38381LG97</cusip>
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          <isin value="US38381LG970"/>
          <ticker value="GNR"/>
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        <balance>15966249.67</balance>
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        <curCd>USD</curCd>
        <valUSD>992522.75</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2024 194 IO</title>
        <cusip>38381LK68</cusip>
        <identifiers>
          <isin value="US38381LK683"/>
          <ticker value="GNR"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>946992.21</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-08-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.960480000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2018 23 IO</title>
        <cusip>38380JPT9</cusip>
        <identifiers>
          <isin value="US38380JPT96"/>
          <ticker value="GNR"/>
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        <balance>14774392.71</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>483066.5</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-11-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.575530000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2018 69 IO</title>
        <cusip>38380JQ50</cusip>
        <identifiers>
          <isin value="US38380JQ504"/>
          <ticker value="GNR"/>
        </identifiers>
        <balance>56435.31</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2545.23</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-04-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.609790000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2018 114 IO</title>
        <cusip>38380MFV8</cusip>
        <identifiers>
          <isin value="US38380MFV81"/>
          <ticker value="GNR"/>
        </identifiers>
        <balance>79580.49</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3125.92</valUSD>
        <pctVal>0.0011200262</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-04-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.591630000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2024 135 IO</title>
        <cusip>38381LSH6</cusip>
        <identifiers>
          <isin value="US38381LSH68"/>
          <ticker value="GNR"/>
        </identifiers>
        <balance>14384916.42</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>890220.62</valUSD>
        <pctVal>0.3189686226</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-11-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.833530000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSMC 2021-NQM2 CSMC 2021 NQM2 A1 144A</name>
        <lei>N/A</lei>
        <title>CSMC 2021-NQM2 CSMC 2021 NQM2 A1 144A</title>
        <cusip>12662EAA1</cusip>
        <identifiers>
          <isin value="US12662EAA10"/>
          <ticker value="CSMC"/>
        </identifiers>
        <balance>304881.89</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>277160.26</valUSD>
        <pctVal>0.0993073227</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.179000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Csmc 2021-Nqm6 Trust</name>
        <lei>N/A</lei>
        <title>CSMC 2021-NQM6 TRUST CSMC 2021 NQM6 A1 144A</title>
        <cusip>12662KAA7</cusip>
        <identifiers>
          <isin value="US12662KAA79"/>
          <ticker value="CSMC"/>
        </identifiers>
        <balance>586664.95</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>515890.22</valUSD>
        <pctVal>0.1848449578</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.174000000000</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>CITIGROUP COMMERCIAL MORTGAGE CGCMT 2023 SMRT A 144A</name>
        <lei>N/A</lei>
        <title>CITIGROUP COMMERCIAL MORTGAGE CGCMT 2023 SMRT A 144A</title>
        <cusip>17291NAA9</cusip>
        <identifiers>
          <isin value="US17291NAA90"/>
          <ticker value="CGCMT"/>
        </identifiers>
        <balance>1670000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1721418.97</valUSD>
        <pctVal>0.6167893952</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.819605000000</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>CITIGROUP COMMERCIAL MORTGAGE CGCMT 2020 GC46 A2</name>
        <lei>N/A</lei>
        <title>CITIGROUP COMMERCIAL MORTGAGE CGCMT 2020 GC46 A2</title>
        <cusip>17328RAX7</cusip>
        <identifiers>
          <isin value="US17328RAX70"/>
          <ticker value="CGCMT"/>
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        <balance>139671.75</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>134509.45</valUSD>
        <pctVal>0.0481951249</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.708000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DBJPM 20-C9 MORTGAGE TRUST DBJPM 2020 C9 A2</name>
        <lei>N/A</lei>
        <title>DBJPM 20-C9 MORTGAGE TRUST DBJPM 2020 C9 A2</title>
        <cusip>233063AF3</cusip>
        <identifiers>
          <isin value="US233063AF38"/>
          <ticker value="DBJPM"/>
        </identifiers>
        <balance>34302.45</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>34236.62</valUSD>
        <pctVal>0.0122670800</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.900000000000</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>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2019 131 IO</title>
        <cusip>38380NPW3</cusip>
        <identifiers>
          <isin value="US38380NPW38"/>
          <ticker value="GNR"/>
        </identifiers>
        <balance>129336.6</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7380.88</valUSD>
        <pctVal>0.0026445906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.803130000000</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>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2020 118 IO</title>
        <cusip>38380P2F0</cusip>
        <identifiers>
          <isin value="US38380P2F02"/>
          <ticker value="GNR"/>
        </identifiers>
        <balance>4819650.87</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>303589.33</valUSD>
        <pctVal>0.1087769349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-06-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.886620000000</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>Deephaven Residential Mortgage Trust 2021-2</name>
        <lei>N/A</lei>
        <title>DEEPHAVEN RESIDENTIAL MORTGAGE DRMT 2021 2 A1 144A</title>
        <cusip>24381WAA6</cusip>
        <identifiers>
          <isin value="US24381WAA62"/>
          <ticker value="DRMT"/>
        </identifiers>
        <balance>316938.73</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>286009.63</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.899000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DIAMOND INFRASTRUCTURE FUNDING DNFRA 2021 1A A 144A</name>
        <lei>N/A</lei>
        <title>DIAMOND INFRASTRUCTURE FUNDING DNFRA 2021 1A A 144A</title>
        <cusip>25265LAA8</cusip>
        <identifiers>
          <isin value="US25265LAA89"/>
          <ticker value="DNFRA"/>
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        <balance>1229000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1199446.48</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>2049-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.760000000000</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>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2020 137 IO</title>
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        <identifiers>
          <isin value="US38380P4X99"/>
          <ticker value="GNR"/>
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        <balance>3787219.79</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>233430.59</valUSD>
        <pctVal>0.0836388555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-09-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.799060000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <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>GOVERNMENT NATIONAL MORTGAGE A GNR 2020 114 IO</title>
        <cusip>38380PT20</cusip>
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          <isin value="US38380PT208"/>
          <ticker value="GNR"/>
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        <balance>767102.62</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40075.59</valUSD>
        <pctVal>0.0143591998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-09-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.799030000000</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>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>DOMINO'S PIZZA MASTER ISSUER L DPABS 2019 1A A2 144A</title>
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        <identifiers>
          <isin value="US25755TAL44"/>
          <ticker value="DPABS"/>
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        <balance>682560</balance>
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        <curCd>USD</curCd>
        <valUSD>667590.16</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>2049-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
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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>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>DOMINO'S PIZZA MASTER ISSUER L DPABS 2021 1A A2I 144A</title>
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        <identifiers>
          <isin value="US25755TAN00"/>
          <ticker value="DPABS"/>
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        <balance>1862337.5</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1788108.64</valUSD>
        <pctVal>0.6406844968</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.662000000000</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>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>DOMINO'S PIZZA MASTER ISSUER L DPABS 2025 1A A2I 144A</title>
        <cusip>25755TAQ3</cusip>
        <identifiers>
          <isin value="US25755TAQ31"/>
          <ticker value="DPABS"/>
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        <balance>762000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>775698.63</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>2055-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.930000000000</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>Driven Brands Funding LLC</name>
        <lei>N/A</lei>
        <title>DRIVEN BRANDS FUNDING LLC HONK 2025 1A A2 144A</title>
        <cusip>26209XAK7</cusip>
        <identifiers>
          <isin value="US26209XAK72"/>
          <ticker value="HONK"/>
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        <balance>842887.5</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>850065.02</valUSD>
        <pctVal>0.3045807550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.296000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <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>GOVERNMENT NATIONAL MORTGAGE A GNR 2025 3 IO</title>
        <cusip>38381LU75</cusip>
        <identifiers>
          <isin value="US38381LU757"/>
          <ticker value="GNR"/>
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        <balance>13069460.81</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>894140.63</valUSD>
        <pctVal>0.3203731735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-04-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.849240000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2024 179 XI</title>
        <cusip>38381LYJ5</cusip>
        <identifiers>
          <isin value="US38381LYJ50"/>
          <ticker value="GNR"/>
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        <balance>13698601.34</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>964411.67</valUSD>
        <pctVal>0.3455514904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-12-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.831140000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2025 128 IO</title>
        <cusip>38381MA75</cusip>
        <identifiers>
          <isin value="US38381MA757"/>
          <ticker value="GNR"/>
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        <balance>12684804.55</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1027985.44</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-09-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.925800000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SWITCH ABS ISSUER LLC SWTCH 2025 2A A21 144A</name>
        <lei>N/A</lei>
        <title>SWITCH ABS ISSUER LLC SWTCH 2025 2A A21 144A</title>
        <cusip>871044AS2</cusip>
        <identifiers>
          <isin value="US871044AS26"/>
          <ticker value="SWTCH"/>
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        <balance>1431000</balance>
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        <curCd>USD</curCd>
        <valUSD>1441523.29</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>2055-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.121000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TIF FUNDING II LLC TIF 2020 1A A 144A</name>
        <lei>N/A</lei>
        <title>TIF FUNDING II LLC TIF 2020 1A A 144A</title>
        <cusip>872480AA6</cusip>
        <identifiers>
          <isin value="US872480AA66"/>
          <ticker value="TIF"/>
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        <balance>1084799.88</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1043546.89</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>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TIF FUNDING II LLC TIF 2021 1A A 144A</name>
        <lei>N/A</lei>
        <title>TIF FUNDING II LLC TIF 2021 1A A 144A</title>
        <cusip>872480AE8</cusip>
        <identifiers>
          <isin value="US872480AE88"/>
          <ticker value="TIF"/>
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        <balance>902452.2</balance>
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        <curCd>USD</curCd>
        <valUSD>834419.22</valUSD>
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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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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Taco Bell Funding LLC</name>
        <lei>N/A</lei>
        <title>TACO BELL FUNDING LLC BELL 2025 1A A2I 144A</title>
        <cusip>87342RAK0</cusip>
        <identifiers>
          <isin value="US87342RAK05"/>
          <ticker value="BELL"/>
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        <balance>1704000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1722952.4</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>2055-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.821000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Taco Bell Funding LLC</name>
        <lei>N/A</lei>
        <title>TACO BELL FUNDING LLC BELL 2025 1A A2II 144A</title>
        <cusip>87342RAL8</cusip>
        <identifiers>
          <isin value="US87342RAL87"/>
          <ticker value="BELL"/>
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        <balance>2268000</balance>
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        <curCd>USD</curCd>
        <valUSD>2313829.48</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>2055-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.049000000000</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>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2020 92 IO</title>
        <cusip>38380PTT1</cusip>
        <identifiers>
          <isin value="US38380PTT11"/>
          <ticker value="GNR"/>
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        <balance>762009.52</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>42355.69</valUSD>
        <pctVal>0.0151761662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-02-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.881590000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>Government National Mortgage Association</name>
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        <cusip>38380PV76</cusip>
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          <ticker value="GNR"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2020 108 IO</title>
        <cusip>38380PWY6</cusip>
        <identifiers>
          <isin value="US38380PWY68"/>
          <ticker value="GNR"/>
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        <balance>2377644.4</balance>
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        <curCd>USD</curCd>
        <valUSD>136827.49</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.846970000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2021 47 IO</title>
        <cusip>38380RA75</cusip>
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          <isin value="US38380RA758"/>
          <ticker value="GNR"/>
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        <balance>4415563.41</balance>
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        <curCd>USD</curCd>
        <valUSD>295210</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.992360000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2020 150 IO</title>
        <cusip>38380RBL3</cusip>
        <identifiers>
          <isin value="US38380RBL33"/>
          <ticker value="GNR"/>
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        <balance>1050927.29</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71640.87</valUSD>
        <pctVal>0.0256691309</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-12-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.966610000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JH COLLATERAL</name>
        <lei>N/A</lei>
        <title>JH COLLATERAL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Custodian Identifier" value="926EMC902"/>
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        <balance>339277.96</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3393797.43</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WELLS FARGO COMMERCIAL MORTGAG WFCM 2025 5C6 A3</name>
        <lei>N/A</lei>
        <title>WELLS FARGO COMMERCIAL MORTGAG WFCM 2025 5C6 A3</title>
        <cusip>95004TAC6</cusip>
        <identifiers>
          <isin value="US95004TAC62"/>
          <ticker value="WFCM"/>
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        <balance>955000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>991141.88</valUSD>
        <pctVal>0.3551290019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-10-15</maturityDt>
          <couponKind>Fixed</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>Wendy's Funding LLC</name>
        <lei>N/A</lei>
        <title>WENDY'S FUNDING LLC WEN 2021 1A A2I 144A</title>
        <cusip>95058XAK4</cusip>
        <identifiers>
          <isin value="US95058XAK46"/>
          <ticker value="WEN"/>
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        <balance>1895954.08</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1787582.86</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>2051-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.370000000000</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>TOWD POINT MORTGAGE TRUST 2015 TPMT 2015 6 M2 144A</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2015 TPMT 2015 6 M2 144A</title>
        <cusip>89172RAD7</cusip>
        <identifiers>
          <isin value="US89172RAD70"/>
          <ticker value="TPMT"/>
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        <balance>145677.19</balance>
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        <curCd>USD</curCd>
        <valUSD>144615.44</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2018 TPMT 2018 4 A1 144A</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2018 TPMT 2018 4 A1 144A</title>
        <cusip>89175TAA6</cusip>
        <identifiers>
          <isin value="US89175TAA60"/>
          <ticker value="TPMT"/>
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        <balance>554860.09</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>533466.96</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.000000000000</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>Towd Point Mortgage Trust 2019-1</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2019 TPMT 2019 1 A1 144A</title>
        <cusip>89177BAA3</cusip>
        <identifiers>
          <isin value="US89177BAA35"/>
          <ticker value="TPMT"/>
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        <balance>579133.16</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>569293.63</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>3.741072000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2019 TPMT 2019 4 A1 144A</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2019 TPMT 2019 4 A1 144A</title>
        <cusip>89178BAA2</cusip>
        <identifiers>
          <isin value="US89178BAA26"/>
          <ticker value="TPMT"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2020 TPMT 2020 3 A1 144A</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2020 TPMT 2020 3 A1 144A</title>
        <cusip>89178UAL6</cusip>
        <identifiers>
          <isin value="US89178UAL61"/>
          <ticker value="TPMT"/>
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        <balance>125152.82</balance>
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        <curCd>USD</curCd>
        <valUSD>122203.69</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-02-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2020 TPMT 2020 1 A1 144A</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2020 TPMT 2020 1 A1 144A</title>
        <cusip>89178WAU2</cusip>
        <identifiers>
          <isin value="US89178WAU27"/>
          <ticker value="TPMT"/>
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        <balance>286639.7</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>2.710000000000</annualizedRt>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2020 TPMT 2020 4 A1 144A</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2020 TPMT 2020 4 A1 144A</title>
        <cusip>89179JAA4</cusip>
        <identifiers>
          <isin value="US89179JAA43"/>
          <ticker value="TPMT"/>
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        <balance>1028795.18</balance>
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        <valUSD>950943.16</valUSD>
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          <annualizedRt>1.750000000000</annualizedRt>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust 2024-1</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2024 TPMT 2024 1 A1 144A</title>
        <cusip>89182NAA0</cusip>
        <identifiers>
          <isin value="US89182NAA00"/>
          <ticker value="TPMT"/>
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        <balance>953824.92</balance>
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        <curCd>USD</curCd>
        <valUSD>979001.8</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-03-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2024 TPMT 2024 3 A1A 144A</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2024 TPMT 2024 3 A1A 144A</title>
        <cusip>89183FAP3</cusip>
        <identifiers>
          <isin value="US89183FAP36"/>
          <ticker value="TPMT"/>
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        <balance>666671.95</balance>
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        <curCd>USD</curCd>
        <valUSD>678754.98</valUSD>
        <pctVal>0.2431998723</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.026883000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST 2024 TPMT 2024 4 A1A 144A</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2024 TPMT 2024 4 A1A 144A</title>
        <cusip>89183GAA4</cusip>
        <identifiers>
          <isin value="US89183GAA40"/>
          <ticker value="TPMT"/>
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        <balance>483563.39</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>492679.82</valUSD>
        <pctVal>0.1765286043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-10-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.569151000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>TRICON AMERICAN HOMES 2020-SFR TAH 2020 SFR2 A 144A</name>
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        <cusip>89613JAA8</cusip>
        <identifiers>
          <isin value="US89613JAA88"/>
          <ticker value="TAH"/>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Uniti Fiber ABS Issuer LLC</name>
        <lei>N/A</lei>
        <title>UNITI FIBER ABS ISSUER LLC UNIT 2025 1A A2 144A</title>
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        <identifiers>
          <isin value="US91326EAA38"/>
          <ticker value="UNIT"/>
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        <curCd>USD</curCd>
        <valUSD>1151359.59</valUSD>
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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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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GCAT 2021-NQM6 TRUST GCAT 2021 NQM6 A1 144A</name>
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        <title>GCAT 2021-NQM6 TRUST GCAT 2021 NQM6 A1 144A</title>
        <cusip>36167KAA6</cusip>
        <identifiers>
          <isin value="US36167KAA60"/>
          <ticker value="GCAT"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>GCAT 2021-NQM1 TRUST GCAT 2021 NQM1 A1 144A</name>
        <lei>N/A</lei>
        <title>GCAT 2021-NQM1 TRUST GCAT 2021 NQM1 A1 144A</title>
        <cusip>36167TAA7</cusip>
        <identifiers>
          <isin value="US36167TAA79"/>
          <ticker value="GCAT"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage-Backed Securities Trust 2020-NQM1</name>
        <lei>N/A</lei>
        <title>GS MORTGAGE-BACKED SECURITIES GSMBS 2020 NQM1 A1 144A</title>
        <cusip>36259WAA9</cusip>
        <identifiers>
          <isin value="US36259WAA99"/>
          <ticker value="GSMBS"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>GS MORTGAGE-BACKED SECURITIES GSMBS 2021 NQM1 A1 144A</name>
        <lei>N/A</lei>
        <title>GS MORTGAGE-BACKED SECURITIES GSMBS 2021 NQM1 A1 144A</title>
        <cusip>36262EAA4</cusip>
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          <isin value="US36262EAA47"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>1.017000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GCAT 2025-NQM5 TRUST GCAT 2025 NQM5 A1 144A</name>
        <lei>N/A</lei>
        <title>GCAT 2025-NQM5 TRUST GCAT 2025 NQM5 A1 144A</title>
        <cusip>36831KAC8</cusip>
        <identifiers>
          <isin value="US36831KAC80"/>
          <ticker value="GCAT"/>
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        <balance>2508817.02</balance>
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        <curCd>USD</curCd>
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        <pctVal>0.9022532613</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-08-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLUB CAPITAL PARTNERS ABS FUN GCPAF 2020 1A A2 144A</name>
        <lei>N/A</lei>
        <title>GOLUB CAPITAL PARTNERS ABS FUN GCPAF 2020 1A A2 144A</title>
        <cusip>38177UAA8</cusip>
        <identifiers>
          <isin value="US38177UAA88"/>
          <ticker value="GCPAF"/>
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        <balance>135821.18</balance>
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        <curCd>USD</curCd>
        <valUSD>135435.16</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLUB CAPITAL PARTNERS ABS FUN GCPAF 2021 1A A2 144A</name>
        <lei>N/A</lei>
        <title>GOLUB CAPITAL PARTNERS ABS FUN GCPAF 2021 1A A2 144A</title>
        <cusip>38178HAA6</cusip>
        <identifiers>
          <isin value="US38178HAA68"/>
          <ticker value="GCPAF"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Uniti Fiber ABS Issuer LLC</name>
        <lei>N/A</lei>
        <title>UNITI FIBER ABS ISSUER LLC UNIT 2025 2A A2 144A</title>
        <cusip>91326EAG0</cusip>
        <identifiers>
          <isin value="US91326EAG08"/>
          <ticker value="UNIT"/>
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        <balance>427000</balance>
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        <curCd>USD</curCd>
        <valUSD>431516.85</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VB-S1 ISSUER LLC VBTEL 2026 1A C2 144A</name>
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        <cusip>91825HAA2</cusip>
        <identifiers>
          <isin value="US91825HAA23"/>
          <ticker value="VBTEL"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <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>Vantage Data Centers LLC</name>
        <lei>N/A</lei>
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          <isin value="US92212KAC09"/>
          <ticker value="VDC"/>
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        <balance>1145000</balance>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VCP RRL ABS I LTD VCRRL 2021 1A A 144A</name>
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        <cusip>92243RAA2</cusip>
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          <isin value="US92243RAA23"/>
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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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        <securityLending>
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      <invstOrSec>
        <name>Verus Securitization Trust 2025-11</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 202 VERUS 2025 11 A1 144A</title>
        <cusip>924935AC3</cusip>
        <identifiers>
          <isin value="US924935AC31"/>
          <ticker value="VERUS"/>
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        <balance>1160509.93</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Verus Securitization Trust 2021-1</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 202 VERUS 2021 1 A1 144A</title>
        <cusip>92537QAA9</cusip>
        <identifiers>
          <isin value="US92537QAA94"/>
          <ticker value="VERUS"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.815000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Verus Securitization Trust 2021-R2</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 202 VERUS 2021 R2 A1 144A</title>
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        <identifiers>
          <isin value="US92538DAA72"/>
          <ticker value="VERUS"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.918000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Verus Securitization Trust 2021-4</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 202 VERUS 2021 4 A1 144A</title>
        <cusip>92538HAA8</cusip>
        <identifiers>
          <isin value="US92538HAA86"/>
          <ticker value="VERUS"/>
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        <balance>472533.2</balance>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Verus Securitization Trust 2021-5</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST 202 VERUS 2021 6 A1 144A</name>
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          <isin value="US92538MAA71"/>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>WILLIS ENGINE STRUCTURED TRUST WESTF 2025 A A 144A</name>
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          <isin value="US97063RAA86"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WILLIS ENGINE STRUCTURED TRUST WESTF 2025 B A 144A</name>
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          <isin value="US970910AA35"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Wingstop Funding LLC</name>
        <lei>N/A</lei>
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          <isin value="US974153AB40"/>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Wingstop Funding LLC</name>
        <lei>N/A</lei>
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          <isin value="US974153AE88"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.858000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zayo Issuer LLC</name>
        <lei>N/A</lei>
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        <cusip>98919WAA1</cusip>
        <identifiers>
          <isin value="US98919WAA18"/>
          <ticker value="ZAYO"/>
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        <balance>1678000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1716062.75</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.648000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ZAXBYS FUNDING LLC ZAXBY 2021 1A A2 144A</name>
        <lei>N/A</lei>
        <title>ZAXBYS FUNDING LLC ZAXBY 2021 1A A2 144A</title>
        <cusip>98920MAA0</cusip>
        <identifiers>
          <isin value="US98920MAA09"/>
          <ticker value="ZAXBY"/>
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        <balance>888150.04</balance>
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        <curCd>USD</curCd>
        <valUSD>851718.66</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>Fixed</couponKind>
          <annualizedRt>3.238000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Verus Securitization Trust 2021-3</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 202 VERUS 2021 3 A1 144A</title>
        <cusip>92539LAA8</cusip>
        <identifiers>
          <isin value="US92539LAA89"/>
          <ticker value="VERUS"/>
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        <balance>435188.58</balance>
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        <curCd>USD</curCd>
        <valUSD>395082.64</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Verus Securitization Trust 2023-8</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST VERUS 2023 8 A2 144A</title>
        <cusip>92540DAB1</cusip>
        <identifiers>
          <isin value="US92540DAB10"/>
          <ticker value="VERUS"/>
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        <balance>236062.22</balance>
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        <curCd>USD</curCd>
        <valUSD>238279.88</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Verus Securitization Trust 2025-R2</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 202 VERUS 2025 R2 A1 144A</title>
        <cusip>92541EAC6</cusip>
        <identifiers>
          <isin value="US92541EAC66"/>
          <ticker value="VERUS"/>
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        <curCd>USD</curCd>
        <valUSD>951691.32</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.086000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VISIO 2020-1R TRUST VISIO 2020 1R A1 144A</name>
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        <title>VISIO 2020-1R TRUST VISIO 2020 1R A1 144A</title>
        <cusip>92837MAA5</cusip>
        <identifiers>
          <isin value="US92837MAA53"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WHARF COMMERCIAL MORTGAGE TRUS WHARF 2025 DC A 144A</name>
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        <title>WHARF COMMERCIAL MORTGAGE TRUS WHARF 2025 DC A 144A</title>
        <cusip>92987LAA5</cusip>
        <identifiers>
          <isin value="US92987LAA52"/>
          <ticker value="WHARF"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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        <securityLending>
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        <name>WELLS FARGO COMMERCIAL MORTGAG WFCM 2025 5C4 A3</name>
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        <title>WELLS FARGO COMMERCIAL MORTGAG WFCM 2025 5C4 A3</title>
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          <isin value="US949931AC32"/>
          <ticker value="WFCM"/>
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        <curCd>USD</curCd>
        <valUSD>1874190.73</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>BENCHMARK 2019-B12 MORTGAGE TR BMARK 2019 B12 A2</name>
        <lei>N/A</lei>
        <title>BENCHMARK 2019-B12 MORTGAGE TR BMARK 2019 B12 A2</title>
        <cusip>08162FAB9</cusip>
        <identifiers>
          <isin value="US08162FAB94"/>
          <ticker value="BMARK"/>
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        <curCd>USD</curCd>
        <valUSD>192444.24</valUSD>
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        <assetCat>ABS-MBS</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BENCHMARK 2026-V20 MORTGAGE TR BMARK 2026 V20 A3</name>
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        <title>BENCHMARK 2026-V20 MORTGAGE TR BMARK 2026 V20 A3</title>
        <cusip>08164KAW0</cusip>
        <identifiers>
          <isin value="US08164KAW09"/>
          <ticker value="BMARK"/>
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        <balance>914000</balance>
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        <curCd>USD</curCd>
        <valUSD>953243.14</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.184000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BENCHMARK 2024-V12 MORTGAGE TR BMARK 2024 V12 A3</name>
        <lei>N/A</lei>
        <title>BENCHMARK 2024-V12 MORTGAGE TR BMARK 2024 V12 A3</title>
        <cusip>081915AB6</cusip>
        <identifiers>
          <isin value="US081915AB68"/>
          <ticker value="BMARK"/>
        </identifiers>
        <balance>726000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>764868.66</valUSD>
        <pctVal>0.2740546528</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.738450000000</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>BMO 2024-5C8 MORTGAGE TRUST BMO 2024 5C8 A3</name>
        <lei>N/A</lei>
        <title>BMO 2024-5C8 MORTGAGE TRUST BMO 2024 5C8 A3</title>
        <cusip>09661XAC2</cusip>
        <identifiers>
          <isin value="US09661XAC20"/>
          <ticker value="BMO"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1048984.2</valUSD>
        <pctVal>0.3758540725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-12-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.625300000000</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>Retained Vantage Data Centers Issuer LLC</name>
        <lei>N/A</lei>
        <title>RETAINED VANTAGE DATA CENTERS VDCR 2023 1A A2A 144A</title>
        <cusip>76134KAA2</cusip>
        <identifiers>
          <isin value="US76134KAA25"/>
          <ticker value="VDCR"/>
        </identifiers>
        <balance>1603000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1605924.35</valUSD>
        <pctVal>0.5754073389</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-15</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>RIN II Ltd.</name>
        <lei>N/A</lei>
        <title>RIN II LTD RIN 2019 1A AR 144A</title>
        <cusip>76676CAS5</cusip>
        <identifiers>
          <isin value="US76676CAS52"/>
          <ticker value="RIN"/>
        </identifiers>
        <balance>857000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>856552.65</valUSD>
        <pctVal>0.3069052916</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.152190000000</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>Sesac Finance LLC</name>
        <lei>N/A</lei>
        <title>SESAC FINANCE LLC SESAC 2025 1 A2 144A</title>
        <cusip>78396YAE3</cusip>
        <identifiers>
          <isin value="US78396YAE32"/>
          <ticker value="SESAC"/>
        </identifiers>
        <balance>1575000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1578250.01</valUSD>
        <pctVal>0.5654915428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</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>SEB FUNDING LLC SEB4P 2024 1A A2 144A</name>
        <lei>N/A</lei>
        <title>SEB FUNDING LLC SEB4P 2024 1A A2 144A</title>
        <cusip>78433DAC8</cusip>
        <identifiers>
          <isin value="US78433DAC83"/>
          <ticker value="SEB4P"/>
        </identifiers>
        <balance>2225000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2287502.03</valUSD>
        <pctVal>0.8196185927</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.386000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TRICON RESIDENTIAL 2024-SFR3 T TCN 2024 SFR3 A 144A</name>
        <lei>N/A</lei>
        <title>TRICON RESIDENTIAL 2024-SFR3 T TCN 2024 SFR3 A 144A</title>
        <cusip>89616YAA2</cusip>
        <identifiers>
          <isin value="US89616YAA29"/>
          <ticker value="TCN"/>
        </identifiers>
        <balance>1389776.19</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1395964.31</valUSD>
        <pctVal>0.5001780493</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-17</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>Triton Container Finance VIII LLC</name>
        <lei>N/A</lei>
        <title>TRITON CONTAINER FINANCE VIII TCF 2020 1A A 144A</title>
        <cusip>89680HAA0</cusip>
        <identifiers>
          <isin value="US89680HAA05"/>
          <ticker value="TCF"/>
        </identifiers>
        <balance>1359750</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1290284.45</valUSD>
        <pctVal>0.4623126499</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.110000000000</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>Triton Container Finance VIII LLC</name>
        <lei>N/A</lei>
        <title>TRITON CONTAINER FINANCE VIII TCF 2021 1A A 144A</title>
        <cusip>89680HAE2</cusip>
        <identifiers>
          <isin value="US89680HAE27"/>
          <ticker value="TCF"/>
        </identifiers>
        <balance>1097227.13</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1026361.18</valUSD>
        <pctVal>0.3677481790</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.860000000000</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>VDCM COMMERCIAL MORTGAGE TRUST VDCM 2025 AZ A 144A</name>
        <lei>N/A</lei>
        <title>VDCM COMMERCIAL MORTGAGE TRUST VDCM 2025 AZ A 144A</title>
        <cusip>91825CAA3</cusip>
        <identifiers>
          <isin value="US91825CAA36"/>
          <ticker value="VDCM"/>
        </identifiers>
        <balance>1385000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1415073.47</valUSD>
        <pctVal>0.5070249166</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.229462000000</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 MOR MSRM 2025 NQM10 A1 144A</name>
        <lei>N/A</lei>
        <title>MORGAN STANLEY RESIDENTIAL MOR MSRM 2025 NQM10 A1 144A</title>
        <cusip>617955AC3</cusip>
        <identifiers>
          <isin value="US617955AC36"/>
          <ticker value="MSRM"/>
        </identifiers>
        <balance>1086982.95</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1093018.1</valUSD>
        <pctVal>0.3916315462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.119000000000</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>NMLT 2021-INV1 TRUST NLT 2021 INV1 A1 144A</name>
        <lei>N/A</lei>
        <title>NMLT 2021-INV1 TRUST NLT 2021 INV1 A1 144A</title>
        <cusip>62923JAA0</cusip>
        <identifiers>
          <isin value="US62923JAA07"/>
          <ticker value="NLT"/>
        </identifiers>
        <balance>860453.43</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>769896.56</valUSD>
        <pctVal>0.2758561640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.185000000000</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>NYMT LOAN TRUST 2022-CP1 NYMT 2022 CP1 A1 144A</name>
        <lei>N/A</lei>
        <title>NYMT LOAN TRUST 2022-CP1 NYMT 2022 CP1 A1 144A</title>
        <cusip>62955VAA4</cusip>
        <identifiers>
          <isin value="US62955VAA44"/>
          <ticker value="NYMT"/>
        </identifiers>
        <balance>710778.8</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>675113.77</valUSD>
        <pctVal>0.2418952162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.042400000000</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>NYMT Loan Trust 2025-Inv2</name>
        <lei>N/A</lei>
        <title>NYMT LOAN TRUST 2025-INV2 NYMT 2025 INV2 A1 144A</title>
        <cusip>62957JAC5</cusip>
        <identifiers>
          <isin value="US62957JAC53"/>
          <ticker value="NYMT"/>
        </identifiers>
        <balance>1779089.47</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1790472.26</valUSD>
        <pctVal>0.6415313887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-10-25</maturityDt>
          <couponKind>Variable</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>Navient Private Education Refi Loan Trust 2020-F</name>
        <lei>N/A</lei>
        <title>NAVIENT PRIVATE EDUCATION REFI NAVSL 2020 FA A 144A</title>
        <cusip>63941XAA5</cusip>
        <identifiers>
          <isin value="US63941XAA54"/>
          <ticker value="NAVSL"/>
        </identifiers>
        <balance>24672.62</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23485.71</valUSD>
        <pctVal>0.0084149978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.220000000000</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>Navient Private Education Refi Loan Trust 2020-H</name>
        <lei>N/A</lei>
        <title>NAVIENT PRIVATE EDUCATION REFI NAVSL 2020 IA A1A 144A</title>
        <cusip>63942AAA4</cusip>
        <identifiers>
          <isin value="US63942AAA43"/>
          <ticker value="NAVSL"/>
        </identifiers>
        <balance>109223.68</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>102308.98</valUSD>
        <pctVal>0.0366576034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.330000000000</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>NAVIENT PRIVATE EDUCATION REFI NAVSL 2021 FA A 144A</name>
        <lei>N/A</lei>
        <title>NAVIENT PRIVATE EDUCATION REFI NAVSL 2021 FA A 144A</title>
        <cusip>63942GAA1</cusip>
        <identifiers>
          <isin value="US63942GAA13"/>
          <ticker value="NAVSL"/>
        </identifiers>
        <balance>504231.46</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>457690.19</valUSD>
        <pctVal>0.1639917187</pctVal>
        <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>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NAVIENT STUDENT LOAN TRUST 202 NAVSL 2020 2A A1A 144A</name>
        <lei>N/A</lei>
        <title>NAVIENT STUDENT LOAN TRUST 202 NAVSL 2020 2A A1A 144A</title>
        <cusip>63942HAA9</cusip>
        <identifiers>
          <isin value="US63942HAA95"/>
          <ticker value="NAVSL"/>
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        <curCd>USD</curCd>
        <valUSD>111398.39</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-08-26</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NAVIENT REFINANCE LOAN TRUST 2 NAVRL 2026 A A 144A</name>
        <lei>N/A</lei>
        <title>NAVIENT REFINANCE LOAN TRUST 2 NAVRL 2026 A A 144A</title>
        <cusip>63943HAA8</cusip>
        <identifiers>
          <isin value="US63943HAA86"/>
          <ticker value="NAVRL"/>
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        <curCd>USD</curCd>
        <valUSD>2233769.84</valUSD>
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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>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEIGHBORLY ISSUER LLC NBLY 2021 1A A2 144A</name>
        <lei>N/A</lei>
        <title>NEIGHBORLY ISSUER LLC NBLY 2021 1A A2 144A</title>
        <cusip>64016NAA5</cusip>
        <identifiers>
          <isin value="US64016NAA54"/>
          <ticker value="NBLY"/>
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        <balance>2104125.84</balance>
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        <curCd>USD</curCd>
        <valUSD>2031994.72</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.584000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NEIGHBORLY ISSUER 2022-1 NBLY 2022 1A A2 144A</name>
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        <title>NEIGHBORLY ISSUER 2022-1 NBLY 2022 1A A2 144A</title>
        <cusip>64016NAC1</cusip>
        <identifiers>
          <isin value="US64016NAC11"/>
          <ticker value="NBLY"/>
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        <balance>897600</balance>
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        <curCd>USD</curCd>
        <valUSD>855788.18</valUSD>
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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>3.695000000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>New Economy Assets - Phase 1 Sponsor LLC</name>
        <lei>N/A</lei>
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          <isin value="US643821AA93"/>
          <ticker value="USRE"/>
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        <curCd>USD</curCd>
        <valUSD>2423473.96</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.910000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Economy Assets - Phase 1 Sponsor LLC</name>
        <lei>N/A</lei>
        <title>NEW ECONOMY ASSETS - PHASE 1 S USRE 2021 1 B1 144A</title>
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          <isin value="US643821AB76"/>
          <ticker value="USRE"/>
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        <balance>1297000</balance>
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        <curCd>USD</curCd>
        <valUSD>835447.38</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.410000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>New Residential Mortgage Loan Trust 2020-1</name>
        <lei>N/A</lei>
        <title>NEW RESIDENTIAL MORTGAGE LOAN NRZT 2020 1A A1B 144A</title>
        <cusip>64830TAD0</cusip>
        <identifiers>
          <isin value="US64830TAD00"/>
          <ticker value="NRZT"/>
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        <balance>64925.08</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>62069.21</valUSD>
        <pctVal>0.0222395774</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.500000000000</annualizedRt>
          <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>New Residential Mortgage Loan Trust 2025-NQM3</name>
        <lei>N/A</lei>
        <title>NEW RESIDENTIAL MORTGAGE LOAN NRZT 2025 NQM3 A1 144A</title>
        <cusip>64832CAC7</cusip>
        <identifiers>
          <isin value="US64832CAC73"/>
          <ticker value="NRZT"/>
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        <balance>2449019.81</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2487738.81</valUSD>
        <pctVal>0.8913640101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.530000000000</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>NRZT 2025-NQM6 NRZT 2025 NQM6 A1 144A</name>
        <lei>N/A</lei>
        <title>NRZT 2025-NQM6 NRZT 2025 NQM6 A1 144A</title>
        <cusip>64832KAC9</cusip>
        <identifiers>
          <isin value="US64832KAC99"/>
          <ticker value="NRZT"/>
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        <balance>1050566.76</balance>
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        <curCd>USD</curCd>
        <valUSD>1058087.35</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.085000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>1301 TRUST 2025-AOA AOA 2025 1301 B 144A</name>
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        <title>1301 TRUST 2025-AOA AOA 2025 1301 B 144A</title>
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        <identifiers>
          <isin value="US682461AE84"/>
          <ticker value="AOA"/>
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        <balance>690000</balance>
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        <curCd>USD</curCd>
        <valUSD>704938.16</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-11</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sonic Capital LLC</name>
        <lei>N/A</lei>
        <title>SONIC CAPITAL LLC SONIC 2020 1A A2II 144A</title>
        <cusip>83546DAJ7</cusip>
        <identifiers>
          <isin value="US83546DAJ72"/>
          <ticker value="SONIC"/>
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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>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SERVPRO Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>SERVPRO MASTER ISSUER LLC SPRO 2021 1A A2 144A</title>
        <cusip>817743AE7</cusip>
        <identifiers>
          <isin value="US817743AE78"/>
          <ticker value="SPRO"/>
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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>2051-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.394000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sonic Capital LLC</name>
        <lei>N/A</lei>
        <title>SONIC CAPITAL LLC SONIC 2021 1A A2I 144A</title>
        <cusip>83546DAN8</cusip>
        <identifiers>
          <isin value="US83546DAN84"/>
          <ticker value="SONIC"/>
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        <balance>1421324.21</balance>
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        <curCd>USD</curCd>
        <valUSD>1336193.57</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.190000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lyra Music Assets (Delaware) L.P.</name>
        <lei>N/A</lei>
        <title>LYRA MUSIC ASSETS DELAWARE LP LYRA 2025 1A A2 144A</title>
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        <identifiers>
          <isin value="US552339AD56"/>
          <ticker value="LYRA"/>
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        <balance>1577256.02</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1599499.75</valUSD>
        <pctVal>0.5731053861</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.604000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MFA 2021-NQM1 TRUST MFRA 2021 NQM1 A1 144A</name>
        <lei>N/A</lei>
        <title>MFA 2021-NQM1 TRUST MFRA 2021 NQM1 A1 144A</title>
        <cusip>55283FAA6</cusip>
        <identifiers>
          <isin value="US55283FAA66"/>
          <ticker value="MFRA"/>
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        <balance>468348.16</balance>
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        <curCd>USD</curCd>
        <valUSD>442481.67</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.153000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Metronet Infrastructure Issuer LLC</name>
        <lei>N/A</lei>
        <title>METRONET INFRASTRUCTURE ISSUER MNET 2025 4A A2 144A</title>
        <cusip>59170JBD9</cusip>
        <identifiers>
          <isin value="US59170JBD90"/>
          <ticker value="MNET"/>
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        <balance>824000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>837267.39</valUSD>
        <pctVal>0.2999953272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.163000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SERVPRO Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>SERVPRO MASTER ISSUER LLC SPRO 2024 1A A2 144A</title>
        <cusip>817743AJ6</cusip>
        <identifiers>
          <isin value="US817743AJ65"/>
          <ticker value="SPRO"/>
        </identifiers>
        <balance>898660</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>934270.75</valUSD>
        <pctVal>0.3347519116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.174000000000</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>SMB Private Education Loan Trust 2021-A</name>
        <lei>N/A</lei>
        <title>SMB PRIVATE EDUCATION LOAN TRU SMB 2021 A APT2 144A</title>
        <cusip>78448YAJ0</cusip>
        <identifiers>
          <isin value="US78448YAJ01"/>
          <ticker value="SMB"/>
        </identifiers>
        <balance>318760.28</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>294481.84</valUSD>
        <pctVal>0.1055136949</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.070000000000</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>SMB Private Education Loan Trust 2021-D</name>
        <lei>N/A</lei>
        <title>SMB PRIVATE EDUCATION LOAN TRU SMB 2021 D A1A 144A</title>
        <cusip>78449MAA4</cusip>
        <identifiers>
          <isin value="US78449MAA45"/>
          <ticker value="SMB"/>
        </identifiers>
        <balance>93189.76</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>88786.71</valUSD>
        <pctVal>0.0318125350</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-03-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.340000000000</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>SLG OFFICE TRUST 2021-OVA SLG 2021 OVA C 144A</name>
        <lei>N/A</lei>
        <title>SLG OFFICE TRUST 2021-OVA SLG 2021 OVA C 144A</title>
        <cusip>78449RAG0</cusip>
        <identifiers>
          <isin value="US78449RAG02"/>
          <ticker value="SLG"/>
        </identifiers>
        <balance>1678000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1516200.53</valUSD>
        <pctVal>0.5432590347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.850610000000</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>SLG OFFICE TRUST 2021-OVA SLG 2021 OVA D 144A</name>
        <lei>N/A</lei>
        <title>SLG OFFICE TRUST 2021-OVA SLG 2021 OVA D 144A</title>
        <cusip>78449RAJ4</cusip>
        <identifiers>
          <isin value="US78449RAJ41"/>
          <ticker value="SLG"/>
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        <balance>240000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>213724.22</valUSD>
        <pctVal>0.0765780061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.850610000000</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>SMB PRIVATE EDUCATION LOAN TRU SMB 2023 A A1A 144A</name>
        <lei>N/A</lei>
        <title>SMB PRIVATE EDUCATION LOAN TRU SMB 2023 A A1A 144A</title>
        <cusip>78450QAA1</cusip>
        <identifiers>
          <isin value="US78450QAA13"/>
          <ticker value="SMB"/>
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        <balance>101429.39</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>103643.61</valUSD>
        <pctVal>0.0371358052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.380000000000</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>SMB PRIVATE EDUCATION LOAN TRU SMB 2024 E A1A 144A</name>
        <lei>N/A</lei>
        <title>SMB PRIVATE EDUCATION LOAN TRU SMB 2024 E A1A 144A</title>
        <cusip>78450XAA6</cusip>
        <identifiers>
          <isin value="US78450XAA63"/>
          <ticker value="SMB"/>
        </identifiers>
        <balance>1165308.33</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1192202.95</valUSD>
        <pctVal>0.4271697648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.090000000000</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>Sabey Data Center Issuer LLC</name>
        <lei>N/A</lei>
        <title>SABEY DATA CENTER ISSUER LLC SDCP 2026 1 A2 144A</title>
        <cusip>78520EAK2</cusip>
        <identifiers>
          <isin value="US78520EAK29"/>
          <ticker value="SDCP"/>
        </identifiers>
        <balance>1406000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1427667.58</valUSD>
        <pctVal>0.5115374227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.482000000000</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>SCALELOGIX ABS US ISSUER LLC SCLGX 2025 1A A2 144A</name>
        <lei>N/A</lei>
        <title>SCALELOGIX ABS US ISSUER LLC SCLGX 2025 1A A2 144A</title>
        <cusip>80587FAA7</cusip>
        <identifiers>
          <isin value="US80587FAA75"/>
          <ticker value="SCLGX"/>
        </identifiers>
        <balance>1406000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1423005.71</valUSD>
        <pctVal>0.5098670612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.673000000000</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>ServiceMaster Funding LLC</name>
        <lei>N/A</lei>
        <title>SERVICEMASTER FUNDING LLC SERV 2021 1 A2II 144A</title>
        <cusip>81761TAG0</cusip>
        <identifiers>
          <isin value="US81761TAG04"/>
          <ticker value="SERV"/>
        </identifiers>
        <balance>1509651.84</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1327280.01</valUSD>
        <pctVal>0.4755682660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.113000000000</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>SMB PRIVATE EDUCATION LOAN TRU SMB 2024 A A1A 144A</name>
        <lei>N/A</lei>
        <title>SMB PRIVATE EDUCATION LOAN TRU SMB 2024 A A1A 144A</title>
        <cusip>831943AA3</cusip>
        <identifiers>
          <isin value="US831943AA30"/>
          <ticker value="SMB"/>
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        <balance>1452969.78</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1502892.22</valUSD>
        <pctVal>0.5384906287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.240000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SMB PRIVATE EDUCATION LOAN TRU SMB 2023 C A1A 144A</name>
        <lei>N/A</lei>
        <title>SMB PRIVATE EDUCATION LOAN TRU SMB 2023 C A1A 144A</title>
        <cusip>83207DAA6</cusip>
        <identifiers>
          <isin value="US83207DAA63"/>
          <ticker value="SMB"/>
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        <balance>93906.35</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96957.35</valUSD>
        <pctVal>0.0347400989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.670000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sonic Capital LLC</name>
        <lei>N/A</lei>
        <title>SONIC CAPITAL LLC SONIC 2020 1A A2I 144A</title>
        <cusip>83546DAG3</cusip>
        <identifiers>
          <isin value="US83546DAG34"/>
          <ticker value="SONIC"/>
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        <balance>1948590.02</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1932032.27</valUSD>
        <pctVal>0.6922527497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.845000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SPRITE 2026-1 LTD SPRTE 2026 1 A 144A</name>
        <lei>N/A</lei>
        <title>SPRITE 2026-1 LTD SPRTE 2026 1 A 144A</title>
        <cusip>85209QAA0</cusip>
        <identifiers>
          <isin value="US85209QAA04"/>
          <ticker value="SPRTE"/>
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        <balance>1365000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1376169.8</valUSD>
        <pctVal>0.4930856192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.227000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>STARWOOD MORTGAGE RESIDENTIAL STAR 2021 2 A1 144A</name>
        <lei>N/A</lei>
        <title>STARWOOD MORTGAGE RESIDENTIAL STAR 2021 2 A1 144A</title>
        <cusip>85573HAA8</cusip>
        <identifiers>
          <isin value="US85573HAA86"/>
          <ticker value="STAR"/>
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        <balance>340768.05</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>325571.74</valUSD>
        <pctVal>0.1166532960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.943000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STARWOOD MORTGAGE RESIDENTIAL STAR 2022 1 A1 144A</name>
        <lei>N/A</lei>
        <title>STARWOOD MORTGAGE RESIDENTIAL STAR 2022 1 A1 144A</title>
        <cusip>85573TAA2</cusip>
        <identifiers>
          <isin value="US85573TAA25"/>
          <ticker value="STAR"/>
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        <balance>1089065.88</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>997161.14</valUSD>
        <pctVal>0.3572857202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.447000000000</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>SUBWAY FUNDING LLC SUBWAY 2024 1A A2I 144A</name>
        <lei>N/A</lei>
        <title>SUBWAY FUNDING LLC SUBWAY 2024 1A A2I 144A</title>
        <cusip>864300AA6</cusip>
        <identifiers>
          <isin value="US864300AA61"/>
          <ticker value="SUBWAY"/>
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        <balance>1208700</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1222188.97</valUSD>
        <pctVal>0.4379138425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-30</maturityDt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SUBWAY FUNDING LLC SUBWAY 2024 1A A2II 144A</name>
        <lei>N/A</lei>
        <title>SUBWAY FUNDING LLC SUBWAY 2024 1A A2II 144A</title>
        <cusip>864300AC2</cusip>
        <identifiers>
          <isin value="US864300AC28"/>
          <ticker value="SUBWAY"/>
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        <balance>1119825</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1146988.15</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>2054-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.268000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MONROE CAPITAL ABS FUNDING 202 MCAF 2021 1A A2 144A</name>
        <lei>N/A</lei>
        <title>MONROE CAPITAL ABS FUNDING 202 MCAF 2021 1A A2 144A</title>
        <cusip>610331AA8</cusip>
        <identifiers>
          <isin value="US610331AA87"/>
          <ticker value="MCAF"/>
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        <balance>55576.26</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>55297.11</valUSD>
        <pctVal>0.0198131144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.815000000000</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>New Residential Mortgage Loan Trust 2026-NQM1</name>
        <lei>N/A</lei>
        <title>NEW RESIDENTIAL MORTGAGE LOAN NRZT 2026 NQM1 A1 144A</title>
        <cusip>64832LAE3</cusip>
        <identifiers>
          <isin value="US64832LAE39"/>
          <ticker value="NRZT"/>
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        <balance>1318915.8</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1320148.99</valUSD>
        <pctVal>0.4730132009</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.824000000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OBX 2021-NQM2 TRUST OBX 2021 NQM2 A1 144A</name>
        <lei>N/A</lei>
        <title>OBX 2021-NQM2 TRUST OBX 2021 NQM2 A1 144A</title>
        <cusip>670857AA9</cusip>
        <identifiers>
          <isin value="US670857AA93"/>
          <ticker value="OBX"/>
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        <balance>959908.07</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>808050.61</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.101000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OBX 2021-NQM1 Trust</name>
        <lei>N/A</lei>
        <title>OBX 2021-NQM1 TRUST OBX 2021 NQM1 A1 144A</title>
        <cusip>67114BAA5</cusip>
        <identifiers>
          <isin value="US67114BAA52"/>
          <ticker value="OBX"/>
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        <balance>408391.6</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>368263.94</valUSD>
        <pctVal>0.1319500347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.072000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OBX 2021-NQM3 TRUST OBX 2021 NQM3 A1 144A</name>
        <lei>N/A</lei>
        <title>OBX 2021-NQM3 TRUST OBX 2021 NQM3 A1 144A</title>
        <cusip>67114JAA8</cusip>
        <identifiers>
          <isin value="US67114JAA88"/>
          <ticker value="OBX"/>
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        <balance>987857.33</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>845140.89</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.054000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <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>GOVERNMENT NATIONAL MORTGAGE A GNR 2020 170 IO</title>
        <cusip>38380RGN4</cusip>
        <identifiers>
          <isin value="US38380RGN44"/>
          <ticker value="GNR"/>
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        <balance>488679.2</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31515.51</valUSD>
        <pctVal>0.0112920984</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-11-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.835930000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <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>GOVERNMENT NATIONAL MORTGAGE A GNR 2021 3 IO</title>
        <cusip>38380RQC7</cusip>
        <identifiers>
          <isin value="US38380RQC78"/>
          <ticker value="GNR"/>
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        <balance>1957977.98</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>124702.05</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-09-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.870560000000</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>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2021 10 IO</title>
        <cusip>38380RQU7</cusip>
        <identifiers>
          <isin value="US38380RQU76"/>
          <ticker value="GNR"/>
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        <balance>413700.51</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32022.28</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-05-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.986620000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2021 11 IO</title>
        <cusip>38380RRL6</cusip>
        <identifiers>
          <isin value="US38380RRL68"/>
          <ticker value="GNR"/>
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        <balance>11415448.35</balance>
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        <curCd>USD</curCd>
        <valUSD>838498.93</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-12-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.021650000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2023 30 IO</title>
        <cusip>38381H2V2</cusip>
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          <isin value="US38381H2V23"/>
          <ticker value="GNR"/>
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        <balance>2894018.82</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2022 221 IO</title>
        <cusip>38381HG96</cusip>
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          <isin value="US38381HG960"/>
          <ticker value="GNR"/>
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        <balance>6696773.98</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2022 150 IO</title>
        <cusip>38381HPE5</cusip>
        <identifiers>
          <isin value="US38381HPE52"/>
          <ticker value="GNR"/>
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        <balance>5333757.4</balance>
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        <curCd>USD</curCd>
        <valUSD>300856.99</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-06-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.822650000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2022 144 IO</title>
        <cusip>38381HPQ8</cusip>
        <identifiers>
          <isin value="US38381HPQ82"/>
          <ticker value="GNR"/>
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        <balance>20053243.32</balance>
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        <curCd>USD</curCd>
        <valUSD>979167.79</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-10-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.530410000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AMSR 2025-SFR2 TRUST AMSR 2025 SFR2 A 144A</name>
        <lei>N/A</lei>
        <title>AMSR 2025-SFR2 TRUST AMSR 2025 SFR2 A 144A</title>
        <cusip>00180BAA5</cusip>
        <identifiers>
          <isin value="US00180BAA52"/>
          <ticker value="AMSR"/>
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        <balance>319000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>317853.32</valUSD>
        <pctVal>0.1138877638</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.275000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AMSR 2025-SFR1 TRUST AMSR 2025 SFR1 A 144A</name>
        <lei>N/A</lei>
        <title>AMSR 2025-SFR1 TRUST AMSR 2025 SFR1 A 144A</title>
        <cusip>00182MAA9</cusip>
        <identifiers>
          <isin value="US00182MAA99"/>
          <ticker value="AMSR"/>
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        <balance>757000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>736508.62</valUSD>
        <pctVal>0.2638931685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.655000000000</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- AOMT 2021 4 A1 144A</name>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST 2021- AOMT 2021 1 A1 144A</name>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST 2021- AOMT 2021 5 A1 144A</name>
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        <name>Government National Mortgage Association</name>
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      <invstOrSec>
        <name>HI-FI MUSIC IP ISSUER LP HIFI 2022 1A A2 144A</name>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST 2021- AOMT 2021 6 A1 144A</name>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST 2020- AOMT 2020 3 A1 144A</name>
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      <invstOrSec>
        <name>HOME PARTNERS OF AMERICA 2019- HPA 2019 1 A 144A</name>
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        <name>ANGEL OAK MORTGAGE TRUST 2024- AOMT 2024 5 A1 144A</name>
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        <name>ANGEL OAK MORTGAGE TRUST 2025- AOMT 2025 11 A1 144A</name>
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        <name>HUDSON YARDS 2025-SPRL MORTGAG HY 2025 SPRL A 144A</name>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST 2024- AOMT 2024 3 A1 144A</name>
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        <title>ANGEL OAK MORTGAGE TRUST 2024- AOMT 2024 3 A1 144A</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-11-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.800000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST 2025- AOMT 2025 10 A1 144A</name>
        <lei>N/A</lei>
        <title>ANGEL OAK MORTGAGE TRUST 2025- AOMT 2025 10 A1 144A</title>
        <cusip>034940AA4</cusip>
        <identifiers>
          <isin value="US034940AA42"/>
          <ticker value="AOMT"/>
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        <balance>638450.44</balance>
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        <curCd>USD</curCd>
        <valUSD>640511.29</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.960000000000</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>IMPERIAL FUND MORTGAGE TRUST 2 IMPRL 2021 NQM1 A1 144A</name>
        <lei>N/A</lei>
        <title>IMPERIAL FUND MORTGAGE TRUST 2 IMPRL 2021 NQM1 A1 144A</title>
        <cusip>452764AA1</cusip>
        <identifiers>
          <isin value="US452764AA15"/>
          <ticker value="IMPRL"/>
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        <balance>289575.07</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>262932.48</valUSD>
        <pctVal>0.0942094680</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.071000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INVITATION HOMES 2024-SFR1 TRU IHSFR 2024 SFR1 A 144A</name>
        <lei>N/A</lei>
        <title>INVITATION HOMES 2024-SFR1 TRU IHSFR 2024 SFR1 A 144A</title>
        <cusip>46188DAA6</cusip>
        <identifiers>
          <isin value="US46188DAA63"/>
          <ticker value="IHSFR"/>
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        <balance>1301735.81</balance>
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        <curCd>USD</curCd>
        <valUSD>1291959.12</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</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>ANGEL OAK MORTGAGE TRUST 2026- AOMT 2026 1 A1 144A</name>
        <lei>N/A</lei>
        <title>ANGEL OAK MORTGAGE TRUST 2026- AOMT 2026 1 A1 144A</title>
        <cusip>034947AC5</cusip>
        <identifiers>
          <isin value="US034947AC50"/>
          <ticker value="AOMT"/>
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        <balance>2231005.45</balance>
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        <curCd>USD</curCd>
        <valUSD>2231507.65</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.747000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Arby's Funding Llc</name>
        <lei>N/A</lei>
        <title>ARBYS FUNDING LLC ARBYS 2020 1A A2 144A</title>
        <cusip>038779AB0</cusip>
        <identifiers>
          <isin value="US038779AB06"/>
          <ticker value="ARBYS"/>
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        <balance>2093175</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2048737.31</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.237000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JP MORGAN CHASE COMMERCIAL MOR JPMCC 2020 NNN AFX 144A</name>
        <lei>N/A</lei>
        <title>JP MORGAN CHASE COMMERCIAL MOR JPMCC 2020 NNN AFX 144A</title>
        <cusip>46652BAY5</cusip>
        <identifiers>
          <isin value="US46652BAY56"/>
          <ticker value="JPMCC"/>
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        <balance>341000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>306896.59</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.812300000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JP MORGAN MORTGAGE TRUST SERIE JPMMT 2025 NQM5 A1 144A</name>
        <lei>N/A</lei>
        <title>JP MORGAN MORTGAGE TRUST SERIE JPMMT 2025 NQM5 A1 144A</title>
        <cusip>46664DAE1</cusip>
        <identifiers>
          <isin value="US46664DAE13"/>
          <ticker value="JPMMT"/>
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        <balance>799169.01</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>800338.19</valUSD>
        <pctVal>0.2867634880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.879000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arroyo Mortgage Trust 2021-1R</name>
        <lei>N/A</lei>
        <title>ARROYO MORTGAGE TRUST 2021-1R ARRW 2021 1R A1 144A</title>
        <cusip>042853AA9</cusip>
        <identifiers>
          <isin value="US042853AA99"/>
          <ticker value="ARRW"/>
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        <balance>90107.49</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82990.15</valUSD>
        <pctVal>0.0297356107</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.175000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARROYO MORTGAGE TRUST 2019-3 ARRW 2019 3 A1 144A</name>
        <lei>N/A</lei>
        <title>ARROYO MORTGAGE TRUST 2019-3 ARRW 2019 3 A1 144A</title>
        <cusip>04285AAA3</cusip>
        <identifiers>
          <isin value="US04285AAA34"/>
          <ticker value="ARRW"/>
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        <balance>40882.11</balance>
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        <curCd>USD</curCd>
        <valUSD>39525.18</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.962000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jersey Mike's Funding LLC</name>
        <lei>N/A</lei>
        <title>JERSEY MIKE'S FUNDING LLC JMIKE 2024 1A A2 144A</title>
        <cusip>476681AD3</cusip>
        <identifiers>
          <isin value="US476681AD37"/>
          <ticker value="JMIKE"/>
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        <balance>1320660</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1358012.89</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.636000000000</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>JERSEY MIKE'S FUNDING JMIKE 2025 1A A2 144A</name>
        <lei>N/A</lei>
        <title>JERSEY MIKE'S FUNDING JMIKE 2025 1A A2 144A</title>
        <cusip>476681AE1</cusip>
        <identifiers>
          <isin value="US476681AE10"/>
          <ticker value="JMIKE"/>
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        <balance>595010</balance>
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        <curCd>USD</curCd>
        <valUSD>616901.96</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-08-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.610000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2021 203 IO</title>
        <cusip>38381EEL8</cusip>
        <identifiers>
          <isin value="US38381EEL83"/>
          <ticker value="GNR"/>
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        <balance>5475967.12</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>354680.58</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.870170000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE A GNR 2021 220 IO</title>
        <cusip>38381ELU0</cusip>
        <identifiers>
          <isin value="US38381ELU00"/>
          <ticker value="GNR"/>
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        <balance>5034764.25</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>311508.92</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.828330000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Jersey Mike's Funding LLC</name>
        <lei>N/A</lei>
        <title>JERSEY MIKE'S FUNDING LLC JMIKE 2026 1A A2I 144A</title>
        <cusip>476681AF8</cusip>
        <identifiers>
          <isin value="US476681AF84"/>
          <ticker value="JMIKE"/>
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        <balance>2015000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2041083.57</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>2056-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.952000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KINETIC ABS ISSUER LLC UNITK 2026 1A A2 144A</name>
        <lei>N/A</lei>
        <title>KINETIC ABS ISSUER LLC UNITK 2026 1A A2 144A</title>
        <cusip>49459AAA8</cusip>
        <identifiers>
          <isin value="US49459AAA88"/>
          <ticker value="UNITK"/>
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        <balance>860000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>873860.96</valUSD>
        <pctVal>0.3131069091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.219000000000</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>MVW 2022-2 LLC</name>
        <lei>N/A</lei>
        <title>MVW 2022-2 LLC MVWOT 2022 2A A 144A</title>
        <cusip>55400VAA9</cusip>
        <identifiers>
          <isin value="US55400VAA98"/>
          <ticker value="MVWOT"/>
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        <balance>94232.28</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96359.93</valUSD>
        <pctVal>0.0345260416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.110000000000</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>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <curCd>USD</curCd>
        <valUSD>137784.71</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>WELLS FARGO COMMERCIAL MORTGAG WFCM 2020 C55 A2</name>
        <lei>N/A</lei>
        <title>WELLS FARGO COMMERCIAL MORTGAG WFCM 2020 C55 A2</title>
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        <identifiers>
          <isin value="US95002EAX58"/>
          <ticker value="WFCM"/>
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        <curCd>USD</curCd>
        <valUSD>26863.15</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RIN XII LLC RIN 2025 1A A1 144A</name>
        <lei>N/A</lei>
        <title>RIN XII LLC RIN 2025 1A A1 144A</title>
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        <identifiers>
          <isin value="US74983UAA79"/>
          <ticker value="RIN"/>
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        <curCd>USD</curCd>
        <valUSD>959002.56</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-15</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>CANTOR COMMERCIAL REAL ESTATE CF 2019 CF1 A2</name>
        <lei>N/A</lei>
        <title>CANTOR COMMERCIAL REAL ESTATE CF 2019 CF1 A2</title>
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          <isin value="US12529MAB46"/>
          <ticker value="CF"/>
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        <balance>272970.15</balance>
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        <curCd>USD</curCd>
        <valUSD>270042.41</valUSD>
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        <assetCat>ABS-MBS</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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          <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>CF Hippolyta Issuer LLC</name>
        <lei>N/A</lei>
        <title>CF HIPPOLYTA ISSUER LLC SORT 2020 1 A1 144A</title>
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        <identifiers>
          <isin value="US12530MAA36"/>
          <ticker value="SORT"/>
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        <curCd>USD</curCd>
        <valUSD>1563807.33</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.690000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CF Hippolyta Issuer LLC</name>
        <lei>N/A</lei>
        <title>CF HIPPOLYTA ISSUER LLC SORT 2021 1A A1 144A</title>
        <cusip>12530MAE5</cusip>
        <identifiers>
          <isin value="US12530MAE57"/>
          <ticker value="SORT"/>
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        <balance>1890900.52</balance>
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        <curCd>USD</curCd>
        <valUSD>1546347.62</valUSD>
        <pctVal>0.5540608242</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.530000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CLI Funding VIII LLC</name>
        <lei>N/A</lei>
        <title>CLI FUNDING VIII LLC CLIF 2022 1A A 144A</title>
        <cusip>12565KAE7</cusip>
        <identifiers>
          <isin value="US12565KAE73"/>
          <ticker value="CLIF"/>
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        <balance>814379.98</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>764578.69</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>2047-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.720000000000</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>CLI Funding IX LLC</name>
        <lei>N/A</lei>
        <title>CLI FUNDING IX LLC CLIF 2025 1A A 144A</title>
        <cusip>12571WAG8</cusip>
        <identifiers>
          <isin value="US12571WAG87"/>
          <ticker value="CLIF"/>
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        <balance>2702815.01</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2750679.43</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>2050-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.350000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSMC 2021-NQM1 CSMC 2021 NQM1 A1 144A</name>
        <lei>N/A</lei>
        <title>CSMC 2021-NQM1 CSMC 2021 NQM1 A1 144A</title>
        <cusip>126407AA3</cusip>
        <identifiers>
          <isin value="US126407AA34"/>
          <ticker value="CSMC"/>
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        <balance>405920.8</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>372735.52</valUSD>
        <pctVal>0.1335522148</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.809000000000</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>COMM 2020-CX MORTGAGE TRUST COMM 2020 CX D 144A</name>
        <lei>N/A</lei>
        <title>COMM 2020-CX MORTGAGE TRUST COMM 2020 CX D 144A</title>
        <cusip>12656KAJ6</cusip>
        <identifiers>
          <isin value="US12656KAJ60"/>
          <ticker value="COMM"/>
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        <balance>845000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>679765.15</valUSD>
        <pctVal>0.2435618191</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSMC 2021-RPL2TRUST CSMC 2021 RPL2 A1A 144A</name>
        <lei>N/A</lei>
        <title>CSMC 2021-RPL2TRUST CSMC 2021 RPL2 A1A 144A</title>
        <cusip>12656TAB4</cusip>
        <identifiers>
          <isin value="US12656TAB44"/>
          <ticker value="CSMC"/>
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        <balance>1087394.27</balance>
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        <curCd>USD</curCd>
        <valUSD>938910.47</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>1.114560000000</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>CSMC 2021-AFC1 TRUST CSMC 2021 AFC1 A1 144A</name>
        <lei>N/A</lei>
        <title>CSMC 2021-AFC1 TRUST CSMC 2021 AFC1 A1 144A</title>
        <cusip>12657LAA2</cusip>
        <identifiers>
          <isin value="US12657LAA26"/>
          <ticker value="CSMC"/>
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        <balance>869324.64</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>748620.57</valUSD>
        <pctVal>0.2682329152</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.830000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CYRUSONE DATA CENTERS ISSUER I CYRUS 2023 1A A2 144A</name>
        <lei>N/A</lei>
        <title>CYRUSONE DATA CENTERS ISSUER I CYRUS 2023 1A A2 144A</title>
        <cusip>23284BAA2</cusip>
        <identifiers>
          <isin value="US23284BAA26"/>
          <ticker value="CYRUS"/>
        </identifiers>
        <balance>1893000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1873318.1</valUSD>
        <pctVal>0.6712152928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-04-20</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>CYRUSONE DATA CENTERS ISSUER I CYRUS 2024 2A A2 144A</name>
        <lei>N/A</lei>
        <title>CYRUSONE DATA CENTERS ISSUER I CYRUS 2024 2A A2 144A</title>
        <cusip>23284BAG9</cusip>
        <identifiers>
          <isin value="US23284BAG95"/>
          <ticker value="CYRUS"/>
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        <balance>2240000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2212549.47</valUSD>
        <pctVal>0.7927628737</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-20</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>DATABANK ISSUER COLO 2021 2A A2 144A</name>
        <lei>N/A</lei>
        <title>DATABANK ISSUER COLO 2021 2A A2 144A</title>
        <cusip>23802WAG6</cusip>
        <identifiers>
          <isin value="US23802WAG69"/>
          <ticker value="COLO"/>
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        <balance>1356000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1335599.79</valUSD>
        <pctVal>0.4785492673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.400000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DATABANK ISSUER COLO 2026 1A A2 144A</name>
        <lei>N/A</lei>
        <title>DATABANK ISSUER COLO 2026 1A A2 144A</title>
        <cusip>23802WAQ4</cusip>
        <identifiers>
          <isin value="US23802WAQ42"/>
          <ticker value="COLO"/>
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        <balance>1543000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1560674.76</valUSD>
        <pctVal>0.5591942799</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.811000000000</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>Driven Brands Funding LLC</name>
        <lei>N/A</lei>
        <title>DRIVEN BRANDS FUNDING LLC HONK 2024 1A A2 144A</title>
        <cusip>26209XAH4</cusip>
        <identifiers>
          <isin value="US26209XAH44"/>
          <ticker value="HONK"/>
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        <balance>1976895</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2045787.02</valUSD>
        <pctVal>0.7330114056</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.372000000000</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-INV4 EFMT 2025 INV4 A1 144A</name>
        <lei>N/A</lei>
        <title>EFMT 2025-INV4 EFMT 2025 INV4 A1 144A</title>
        <cusip>26846DAC8</cusip>
        <identifiers>
          <isin value="US26846DAC83"/>
          <ticker value="EFMT"/>
        </identifiers>
        <balance>867069.39</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>873303.97</valUSD>
        <pctVal>0.3129073380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-10-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.100000000000</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>EFMT 2026-NQM1 EFMT 2026 NQM1 A1 144A</name>
        <lei>N/A</lei>
        <title>EFMT 2026-NQM1 EFMT 2026 NQM1 A1 144A</title>
        <cusip>26846GAF4</cusip>
        <identifiers>
          <isin value="US26846GAF46"/>
          <ticker value="EFMT"/>
        </identifiers>
        <balance>1272243.53</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1274385.73</valUSD>
        <pctVal>0.4566160925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2071-02-25</maturityDt>
          <couponKind>Variable</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>EFMT 2025-INV5 EFMT 2025 INV5 A1 144A</name>
        <lei>N/A</lei>
        <title>EFMT 2025-INV5 EFMT 2025 INV5 A1 144A</title>
        <cusip>28224UAE4</cusip>
        <identifiers>
          <isin value="US28224UAE47"/>
          <ticker value="EFMT"/>
        </identifiers>
        <balance>2558561.91</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2577267.04</valUSD>
        <pctVal>0.9234422338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-12-25</maturityDt>
          <couponKind>Variable</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>Elara HGV Timeshare Issuer 2021-A LLC</name>
        <lei>N/A</lei>
        <title>ELARA HGV TIMESHARE ISSUER 202 EHGVT 2021 A A 144A</title>
        <cusip>28416LAA0</cusip>
        <identifiers>
          <isin value="US28416LAA08"/>
          <ticker value="EHGVT"/>
        </identifiers>
        <balance>28674.42</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27564.88</valUSD>
        <pctVal>0.0098765762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.360000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>EXTENET ISSUER LLC EXTNT 2024 1A A2 144A</name>
        <lei>N/A</lei>
        <title>EXTENET ISSUER LLC EXTNT 2024 1A A2 144A</title>
        <cusip>30227XAG6</cusip>
        <identifiers>
          <isin value="US30227XAG60"/>
          <ticker value="EXTNT"/>
        </identifiers>
        <balance>1883000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1897947.07</valUSD>
        <pctVal>0.6800399240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.335000000000</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>ELLINGTON FINANCIAL MORTGAGE T EFMT 2021 2 A1 144A</name>
        <lei>N/A</lei>
        <title>ELLINGTON FINANCIAL MORTGAGE T EFMT 2021 2 A1 144A</title>
        <cusip>31572LAA4</cusip>
        <identifiers>
          <isin value="US31572LAA44"/>
          <ticker value="EFMT"/>
        </identifiers>
        <balance>1115767.15</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>965271.36</valUSD>
        <pctVal>0.3458595198</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.931000000000</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>FLEXENTIAL ISSUER LLC FLX 2025 1A A2 144A</name>
        <lei>N/A</lei>
        <title>FLEXENTIAL ISSUER LLC FLX 2025 1A A2 144A</title>
        <cusip>33938MAK5</cusip>
        <identifiers>
          <isin value="US33938MAK53"/>
          <ticker value="FLX"/>
        </identifiers>
        <balance>999000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1015397.59</valUSD>
        <pctVal>0.3638198930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.030000000000</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>GBX Leasing 2022-1 LLC</name>
        <lei>N/A</lei>
        <title>GBX LEASING 2022-1 LLC GBXL 2026 1A A 144A</title>
        <cusip>361528AE2</cusip>
        <identifiers>
          <isin value="US361528AE29"/>
          <ticker value="GBXL"/>
        </identifiers>
        <balance>1602000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1630749.65</valUSD>
        <pctVal>0.5843023157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.130000000000</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>GGP 2026-TY GGP 2026 TY A 144A</name>
        <lei>N/A</lei>
        <title>GGP 2026-TY GGP 2026 TY A 144A</title>
        <cusip>373914AA8</cusip>
        <identifiers>
          <isin value="US373914AA87"/>
          <ticker value="GGP"/>
        </identifiers>
        <balance>1887000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1908047.41</valUSD>
        <pctVal>0.6836589050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-03-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.669800000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Returns are reported without deduction of sales loads and redemption fees, if applicable." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-03-27</ncom:dateSigned>
      <ncom:nameOfApplicant>John Hancock Strategic Series</ncom:nameOfApplicant>
      <ncom:signature>/s/Salvatore Schiavone</ncom:signature>
      <ncom:signerName>Salvatore Schiavone</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
