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      <invstOrSec>
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        <name>GNMA P#AC7671 3.5% 11/15/42</name>
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        <name>FNR 2018-54 LA 3.5% 11/25/42</name>
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        <name>UMBS P#ZT1346 4% 11/01/33</name>
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        <name>UMBS P#ZM4723 3.5% 11/01/47</name>
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        <name>UMBS P#ZT0521 4% 09/01/48</name>
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        <lei>N/A</lei>
        <title>TAPESTRY INC REGD 4.25000000</title>
        <cusip>189754AA2</cusip>
        <identifiers>
          <isin value="US189754AA23"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2372682.78000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UMBS P#FM0053 5.5% 05/01/38</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#FM0053 5.50000000</title>
        <cusip>3140X3BX5</cusip>
        <identifiers>
          <isin value="US3140X3BX54"/>
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        <curCd>USD</curCd>
        <valUSD>2798516.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>UMBS P#ZL8610 4% 10/01/44</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC POOL UMBS P#ZL8610 4.00000000</title>
        <cusip>3131XQR73</cusip>
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        <curCd>USD</curCd>
        <valUSD>1343943.27000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>PACKAGING CORP O 4.5% 11/01/23</name>
        <lei>549300XZP8MFZFY8TJ84</lei>
        <title>PACKAGING CORP OF AMERIC REGD 4.50000000</title>
        <cusip>695156AQ2</cusip>
        <identifiers>
          <isin value="US695156AQ25"/>
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        <balance>1960000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2157316.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>FNR 2007-54 FA V/R 06/25/37</name>
        <lei>N/A</lei>
        <title>FANNIE MAE REMICS SER 2007-54 CL FA V/R 0.58450000</title>
        <cusip>31396WFQ4</cusip>
        <identifiers>
          <isin value="US31396WFQ42"/>
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        <balance>44429.81000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>44612.52000000</valUSD>
        <pctVal>0.002603572741</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.58450000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARRIOTT INTER 3.375% 10/15/20</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>MARRIOTT INTERNATIONAL REGD 3.37500000</title>
        <cusip>571903AL7</cusip>
        <identifiers>
          <isin value="US571903AL78"/>
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        <balance>2935000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2933518.59000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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      <invstOrSec>
        <name>FRESB 2018-SB45  V/R 11/25/27</name>
        <lei>N/A</lei>
        <title>FRESB 2018-SB45 MORTGAGE TRUST SER 2018-SB45 CL A10F V/R 3.16000000</title>
        <cusip>30308AAH6</cusip>
        <identifiers>
          <isin value="US30308AAH68"/>
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        <balance>1504204.20000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1612579.41000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.16000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>KINDER MORGAN EN 4.3% 05/01/24</name>
        <lei>N/A</lei>
        <title>KINDER MORGAN ENER PART REGD 4.30000000</title>
        <cusip>28370TAG4</cusip>
        <identifiers>
          <isin value="US28370TAG40"/>
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        <balance>4895000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5345976.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</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>UMBS P#ZL0804 3% 07/01/42</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC POOL UMBS P#ZL0804 3.00000000</title>
        <cusip>3131XF3M0</cusip>
        <identifiers>
          <isin value="US3131XF3M08"/>
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        <balance>458071.93000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>497687.46000000</valUSD>
        <pctVal>0.029044884809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</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>UMBS P#BO9034 3.5% 02/01/50</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#BO9034 3.50000000</title>
        <cusip>3140K5BC0</cusip>
        <identifiers>
          <isin value="US3140K5BC05"/>
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        <balance>4650738.24000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4940205.49000000</valUSD>
        <pctVal>0.288308850285</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>VENTAS REALTY L 3.25% 08/15/22</name>
        <lei>N/A</lei>
        <title>VENTAS REALTY LP/CAP CRP REGD 3.25000000</title>
        <cusip>92276MAZ8</cusip>
        <identifiers>
          <isin value="US92276MAZ86"/>
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        <balance>490000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>501545.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>INGRAM MICRO IN 5.45% 12/15/24</name>
        <lei>N/A</lei>
        <title>INGRAM MICRO INC REGD 5.45000000</title>
        <cusip>457153AG9</cusip>
        <identifiers>
          <isin value="US457153AG90"/>
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        <balance>735000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>740897.69000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45000000</annualizedRt>
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      <invstOrSec>
        <name>MARSH &amp; MCLENNAN 4.8% 07/15/21</name>
        <lei>N/A</lei>
        <title>MARSH &amp; MCLENNAN COS INC REGD 4.80000000</title>
        <cusip>571748AR3</cusip>
        <identifiers>
          <isin value="US571748AR30"/>
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        <balance>2935000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3027885.71000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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      <invstOrSec>
        <name>GNR 2012-67 B 2.676% 10/16/47</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION SER 2012-67 CL B 2.67631000</title>
        <cusip>38378BUA5</cusip>
        <identifiers>
          <isin value="US38378BUA50"/>
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        <balance>1145984.26000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1152476.72000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.67631000</annualizedRt>
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      <invstOrSec>
        <name>BOSTON PROPERTI 3.85% 02/01/23</name>
        <lei>N/A</lei>
        <title>BOSTON PROPERTIES LP REGD 3.85000000</title>
        <cusip>10112RAU8</cusip>
        <identifiers>
          <isin value="US10112RAU86"/>
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        <balance>2935000.00000000</balance>
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        <valUSD>3133916.63000000</valUSD>
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          <maturityDt>2023-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MURPHY OIL CORP 4.95% 12/01/22</name>
        <lei>QBKYQD0ODE7DC7PDIN91</lei>
        <title>MURPHY OIL CORP REGD 4.20000000</title>
        <cusip>626717AF9</cusip>
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          <isin value="US626717AF90"/>
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        <curCd>USD</curCd>
        <valUSD>3329250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.20000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>UMBS P#MA1348 2.5% 02/01/33</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#MA1348 2.50000000</title>
        <cusip>31418AQA9</cusip>
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          <isin value="US31418AQA96"/>
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        <balance>1143366.10000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1189375.96000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
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        <name>GNMA II P#AN0946 3.5% 05/20/45</name>
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        <name>VERISK ANALYTICS I 4% 06/15/25</name>
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      <invstOrSec>
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        <name>UMBS P#MA1010 3.5% 03/01/32</name>
        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UMBS P#BO1304 3.5% 07/01/34</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>UMBS P#ZK4713 2.5% 12/01/27</name>
        <lei>N/A</lei>
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        <issuerCat>USGA</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NVR INC 3.95% 09/15/22</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GNMA P#589405 6.5% 05/15/32</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GLOBAL PAYMENTS 3.75% 06/01/23</name>
        <lei>N/A</lei>
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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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      <invstOrSec>
        <name>UMBS P#924096 6.5% 05/01/37</name>
        <lei>N/A</lei>
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        <valUSD>88569.21000000</valUSD>
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        <invCountry>US</invCountry>
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      <invstOrSec>
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        <lei>N/A</lei>
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          <isin value="US85227SAG12"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>LK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UMBS P#944627 6% 07/01/37</name>
        <lei>N/A</lei>
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        <name>UMBS P#MA1394 3% 04/01/43</name>
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        <name>UMBS P#FM3635 3% 03/01/50</name>
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        <name>UMBS P#BO7843 3% 03/01/50</name>
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        <name>EBAY INC 2.875% 08/01/21</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>GNMA P#748591 4.5% 09/15/30</name>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UMBS P#BK7412 3.5% 08/01/48</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#BK7412 3.50000000</title>
        <cusip>3140HMGW8</cusip>
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          <isin value="US3140HMGW89"/>
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        <curCd>USD</curCd>
        <valUSD>2080984.47000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AUTOZONE INC 3.25% 04/15/25</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AUTOZONE INC REGD 3.25000000</title>
        <cusip>053332AR3</cusip>
        <identifiers>
          <isin value="US053332AR31"/>
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        <balance>1960000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2136762.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UMBS P#MA0706 4.5% 04/01/31</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#MA0706 4.50000000</title>
        <cusip>31417YYC5</cusip>
        <identifiers>
          <isin value="US31417YYC55"/>
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        <balance>275636.74000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>300850.37000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NATIONAL RETAIL  3.3% 04/15/23</name>
        <lei>5493008JKH5SOTI0JS97</lei>
        <title>NATIONAL RETAIL PROP INC REGD 3.30000000</title>
        <cusip>637417AF3</cusip>
        <identifiers>
          <isin value="US637417AF33"/>
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        <balance>980000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1020544.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US TREAS BDS 2.75% 08/15/47</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY BOND 2.75000000</title>
        <cusip>912810RY6</cusip>
        <identifiers>
          <isin value="US912810RY64"/>
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        <balance>9790000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12785510.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UMBS P#BM3280 4.5% 11/01/47</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#BM3280 4.50000000</title>
        <cusip>3140J7UE3</cusip>
        <identifiers>
          <isin value="US3140J7UE34"/>
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        <balance>3347179.37000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3675738.23000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UMBS P#BP4234 2.5% 06/01/35</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#BP4234 2.50000000</title>
        <cusip>3140KBV43</cusip>
        <identifiers>
          <isin value="US3140KBV439"/>
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        <balance>3858700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4041656.17000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARATHON PETRO 5.125% 03/01/21</name>
        <lei>3BNYRYQHD39K4LCKQF12</lei>
        <title>MARATHON PETROLEUM CORP REGD 5.12500000</title>
        <cusip>56585AAD4</cusip>
        <identifiers>
          <isin value="US56585AAD46"/>
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        <balance>3230000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3320956.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WI TREASURY SE 2.625% 02/15/29</name>
        <lei>N/A</lei>
        <title>WI TREASURY N/B REGD 2.62500000</title>
        <cusip>9128286B1</cusip>
        <identifiers>
          <isin value="US9128286B18"/>
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        <balance>48955000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>57361491.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US TREAS NTS 1.5% 08/15/26</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.50000000</title>
        <cusip>9128282A7</cusip>
        <identifiers>
          <isin value="US9128282A70"/>
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        <balance>40350000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42996392.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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      <invstOrSec>
        <name>DOLLAR GENERAL  3.25% 04/15/23</name>
        <lei>OPX52SQVOZI8IVSWYU66</lei>
        <title>DOLLAR GENERAL CORP REGD 3.25000000</title>
        <cusip>256677AC9</cusip>
        <identifiers>
          <isin value="US256677AC97"/>
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        <balance>3915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4180196.97000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <name>NATIONAL FUEL GA 5.2% 07/15/25</name>
        <lei>N/A</lei>
        <title>NATIONAL FUEL GAS CO REGD 5.20000000</title>
        <cusip>636180BM2</cusip>
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          <isin value="US636180BM22"/>
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        <balance>1960000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2075655.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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      <invstOrSec>
        <name>UMBS P#BM5330 2.5% 12/01/37</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#BM5330 2.50000000</title>
        <cusip>3140J94Q1</cusip>
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          <isin value="US3140J94Q11"/>
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        <curCd>USD</curCd>
        <valUSD>7622908.92000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>ADVANCE AUTO PAR 4.5% 01/15/22</name>
        <lei>N/A</lei>
        <title>ADVANCE AUTO PARTS INC REGD 4.50000000</title>
        <cusip>00751YAB2</cusip>
        <identifiers>
          <isin value="US00751YAB20"/>
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        <balance>980000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1027748.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>UMBS P#995676 4.5% 05/01/39</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#995676 4.50000000</title>
        <cusip>31416CCM6</cusip>
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          <isin value="US31416CCM64"/>
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        <curCd>USD</curCd>
        <valUSD>727364.20000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>BIOGEN INC 4.05% 09/15/25</name>
        <lei>W8J5WZB5IY3K0NDQT671</lei>
        <title>BIOGEN INC REGD 4.05000000</title>
        <cusip>09062XAF0</cusip>
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          <isin value="US09062XAF06"/>
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        <balance>2450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2806924.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BLOCK FINANCIAL  5.5% 11/01/22</name>
        <lei>N/A</lei>
        <title>BLOCK FINANCIAL LLC REGD 5.50000000</title>
        <cusip>093662AE4</cusip>
        <identifiers>
          <isin value="US093662AE40"/>
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        <balance>2205000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2349891.41000000</valUSD>
        <pctVal>0.137138929156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REINSURANCE GRP OF 5% 06/01/21</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UMBS P#AW1023 4.5% 03/01/44</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNR 2010-59 FA V/R 06/25/40</name>
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      <invstOrSec>
        <name>GENWORTH HOLDING 7.2% 02/15/21</name>
        <lei>N/A</lei>
        <title>GENWORTH HOLDINGS INC REGD 7.20000000</title>
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          <isin value="US37247DAN66"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FLOWERS FOODS  4.375% 04/01/22</name>
        <lei>7YNCQQNDK8FBM9BBTK25</lei>
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          <isin value="US343498AA92"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNGT 2004-T1 1A3 7% 01/25/44</name>
        <lei>N/A</lei>
        <title>FANNIE MAE GRANTOR TRUST 2004-T1 SER 2004-T1 CL 1A3 7.00000000</title>
        <cusip>31393XFU6</cusip>
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          <isin value="US31393XFU63"/>
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        <curCd>USD</curCd>
        <valUSD>237507.19000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WI TREASURY SE 1.25% 08/31/24</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.25000000</title>
        <cusip>912828YE4</cusip>
        <identifiers>
          <isin value="US912828YE44"/>
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        <curCd>USD</curCd>
        <valUSD>20912783.25000000</valUSD>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#AN5982 2.915% 07/01/27</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#AN5982 2.91500000</title>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#FM0055 4% 05/01/43</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#FM0055 4.00000000</title>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#ZA1314 3% 03/01/43</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#RB5022 3% 11/01/39</name>
        <lei>N/A</lei>
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          <couponKind>Fixed</couponKind>
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        <name>FNW 2009-W1 A 6% 12/25/49</name>
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          <isin value="US31398F7A36"/>
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        <name>US TREAS NTS 1.5% 02/15/30</name>
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        <name>UMBS P#ZL9867 3.5% 07/01/45</name>
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        <name>UMBS P#BE2335 3.5% 02/01/47</name>
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        <name>UMBS P#ZM0183 3.5% 09/01/45</name>
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      <invstOrSec>
        <name>UMBS P#ZI8476 4% 12/01/33</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>UMBS P#AB3658 3.5% 10/01/41</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DIAMOND OFFSHOR 3.45% 11/01/23</name>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DOW CHEMICAL CO/ 3.5% 10/01/24</name>
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          <isin value="US260543CJ01"/>
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      <invstOrSec>
        <name>FNW 2004-W5 A1 6% 02/25/47</name>
        <lei>N/A</lei>
        <title>FANNIE MAE REMIC TRUST 2004-W5 SER 2004-W5 CL A1 6.00000000</title>
        <cusip>31393YKM6</cusip>
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          <isin value="US31393YKM65"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>UMBS P#AB2372 3.5% 03/01/41</name>
        <lei>N/A</lei>
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        <cusip>31416XT67</cusip>
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          <isin value="US31416XT672"/>
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        <curCd>USD</curCd>
        <valUSD>1358934.51000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FHR 3418 DF 6% 03/15/32</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC REMICS SER 3418 CL DF 6.00000000</title>
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        <identifiers>
          <isin value="US31397R7F79"/>
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        <balance>89654.16000000</balance>
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          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#BJ9970 4% 05/01/48</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#BJ9970 4.00000000</title>
        <cusip>3140HCCG9</cusip>
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          <isin value="US3140HCCG93"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UMBS P#ZM5690 4% 02/01/48</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC POOL UMBS P#ZM5690 4.00000000</title>
        <cusip>3131Y0KB7</cusip>
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          <isin value="US3131Y0KB75"/>
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        <issuerCat>USGA</issuerCat>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ANTHEM INC 3.3% 01/15/23</name>
        <lei>8MYN82XMYQH89CTMTH67</lei>
        <title>ANTHEM INC REGD 3.30000000</title>
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          <isin value="US94973VBA44"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MACK-CALI REALTY 4.5% 04/18/22</name>
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          <isin value="US55448QAQ91"/>
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        <name>AVNET INC 4.875% 12/01/22</name>
        <lei>XJI53DCPL7QABOWK4Z75</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UMBS P#ZM1754 3% 09/01/46</name>
        <lei>N/A</lei>
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        <issuerCat>USGA</issuerCat>
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      <invstOrSec>
        <name>HEALTHCARE REAL 3.75% 04/15/23</name>
        <lei>549300CB86LH2IOKHH22</lei>
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        <name>ADVANCE AUTO PAR 4.5% 12/01/23</name>
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          <isin value="US00751YAC03"/>
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        <name>FHR 4745 VD 4% 01/15/40</name>
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        <name>PRUDENTIAL FINAN 4.5% 11/16/21</name>
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        <issuerCat>CORP</issuerCat>
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          <maturityDt>2021-11-16</maturityDt>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UMBS P#ZL8609 4% 10/01/44</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC POOL UMBS P#ZL8609 4.00000000</title>
        <cusip>3131XQR65</cusip>
        <identifiers>
          <isin value="US3131XQR650"/>
        </identifiers>
        <balance>795985.83000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>866417.59000000</valUSD>
        <pctVal>0.050563860095</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>UMBS P#903076 6% 12/01/36</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL UMBS P#903076 6.00000000</title>
        <cusip>31411BJV6</cusip>
        <identifiers>
          <isin value="US31411BJV62"/>
        </identifiers>
        <balance>86583.20000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>100789.22000000</valUSD>
        <pctVal>0.005882027417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Mutual of America Investment Corp</ncom:nameOfApplicant>
      <ncom:signature>Christopher M. Miseo </ncom:signature>
      <ncom:signerName>Christopher M. Miseo </ncom:signerName>
      <ncom:title>Senior Vice President and Chief Accounting Officer </ncom:title>
    </signature>
  </formData>
</edgarSubmission>
