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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US TREAS NTS 1.875% 05/31/22</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.87500000</title>
        <cusip>912828XD7</cusip>
        <identifiers>
          <isin value="US912828XD79"/>
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        <balance>19450000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19931691.31000000</valUSD>
        <pctVal>2.402876954150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.87500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US TREAS NTS 0.625% 11/30/27</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 0.62500000</title>
        <cusip>91282CAY7</cusip>
        <identifiers>
          <isin value="US91282CAY75"/>
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        <balance>26000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25983750.00000000</valUSD>
        <pctVal>3.132486505352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FISERV INC 4.75% 06/15/21</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>FISERV INC REGD 4.75000000</title>
        <cusip>337738AL2</cusip>
        <identifiers>
          <isin value="US337738AL26"/>
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        <balance>1850000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1887983.02000000</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>2021-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FIFTH THIRD BANC 4.3% 01/16/24</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>FIFTH THIRD BANCORP REGD 4.30000000</title>
        <cusip>316773CP3</cusip>
        <identifiers>
          <isin value="US316773CP38"/>
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        <balance>2430000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2686504.34000000</valUSD>
        <pctVal>0.323873135772</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.30000000</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>INFINITY PROPERTY  5% 09/19/22</name>
        <lei>N/A</lei>
        <title>INFINITY PROPERTY &amp; CASU REGD 5.00000000</title>
        <cusip>45665QAF0</cusip>
        <identifiers>
          <isin value="US45665QAF00"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2063216.67000000</valUSD>
        <pctVal>0.248732318329</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>3M COMPANY 2.65% 04/15/25</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>3M COMPANY REGD 2.65000000</title>
        <cusip>88579YBM2</cusip>
        <identifiers>
          <isin value="US88579YBM21"/>
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        <balance>3000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3257714.07000000</valUSD>
        <pctVal>0.392735666043</pctVal>
        <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>2.65000000</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>ANTHEM INC 3.125% 05/15/22</name>
        <lei>8MYN82XMYQH89CTMTH67</lei>
        <title>ANTHEM INC REGD 3.12500000</title>
        <cusip>94973VAX5</cusip>
        <identifiers>
          <isin value="US94973VAX55"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2017925.46000000</valUSD>
        <pctVal>0.243272209448</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>US TREAS NTS 2.875% 05/31/25</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 2.87500000</title>
        <cusip>9128284R8</cusip>
        <identifiers>
          <isin value="US9128284R87"/>
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        <balance>35495000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>39486801.07000000</valUSD>
        <pctVal>4.760354894551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</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>JABIL INC 4.7% 09/15/22</name>
        <lei>5493000CGCQY2OQU7669</lei>
        <title>JABIL INC REGD 4.70000000</title>
        <cusip>466313AG8</cusip>
        <identifiers>
          <isin value="US466313AG80"/>
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        <balance>1921000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2046526.11000000</valUSD>
        <pctVal>0.246720177896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</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>US TREAS NTS 1.75% 11/30/21</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.75000000</title>
        <cusip>912828U65</cusip>
        <identifiers>
          <isin value="US912828U659"/>
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        <balance>9725000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9868595.65000000</valUSD>
        <pctVal>1.189714444620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SIGNET UK FINANC 4.7% 06/15/24</name>
        <lei>N/A</lei>
        <title>SIGNET UK FINANCE PLC REGD 4.70000000</title>
        <cusip>82671AAA1</cusip>
        <identifiers>
          <isin value="US82671AAA16"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1867978.00000000</valUSD>
        <pctVal>0.225195203821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.70000000</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>VALARIS PLC 4.875% 06/01/22</name>
        <lei>7N0UJMJLXD0MDT5D5086</lei>
        <title>VALARIS PLC REGD 0.00000000</title>
        <cusip>G9420RAA4</cusip>
        <identifiers>
          <isin value="USG9420RAA44"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>111837.50000000</valUSD>
        <pctVal>0.013482636630</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>AMERICAN INTL  4.125% 02/15/24</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
        <title>AMERICAN INTL GROUP REGD 4.12500000</title>
        <cusip>026874CY1</cusip>
        <identifiers>
          <isin value="US026874CY14"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2153260.25000000</valUSD>
        <pctVal>0.259587575913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</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>KELLOGG CO 2.65% 12/01/23</name>
        <lei>LONOZNOJYIBXOHXWDB86</lei>
        <title>KELLOGG CO REGD 2.65000000</title>
        <cusip>487836BS6</cusip>
        <identifiers>
          <isin value="US487836BS63"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2075305.43000000</valUSD>
        <pctVal>0.250189686013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</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>KROGER CO 2.95% 11/01/21</name>
        <lei>6CPEOKI6OYJ13Q6O7870</lei>
        <title>KROGER CO REGD 2.95000000</title>
        <cusip>501044CZ2</cusip>
        <identifiers>
          <isin value="US501044CZ28"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1982776.33000000</valUSD>
        <pctVal>0.239034785081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</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>US TREAS NTS 0.625% 08/15/30</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 0.62500000</title>
        <cusip>91282CAE1</cusip>
        <identifiers>
          <isin value="US91282CAE12"/>
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        <balance>45000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>43846875.00000000</valUSD>
        <pctVal>5.285986212127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</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>US TREAS NTS 2.375% 05/15/29</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 2.37500000</title>
        <cusip>9128286T2</cusip>
        <identifiers>
          <isin value="US9128286T26"/>
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        <balance>19450000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21969382.81000000</valUSD>
        <pctVal>2.648532070360</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DISCOVERY COMMUN 3.5% 06/15/22</name>
        <lei>N/A</lei>
        <title>DISCOVERY COMMUNICATIONS REGD SER WI 3.50000000</title>
        <cusip>25470DBA6</cusip>
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          <isin value="US25470DBA63"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WYNDHAM DESTINA 5.65% 04/01/24</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>WYNDHAM DESTINATIONS INC REGD 5.65000000</title>
        <cusip>98310WAP3</cusip>
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          <isin value="US98310WAP32"/>
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        <balance>2430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2624400.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SERVICE PROPERTIES 5% 08/15/22</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>SERVICE PROPERTIES TRUST REGD 5.00000000</title>
        <cusip>44106MAQ5</cusip>
        <identifiers>
          <isin value="US44106MAQ50"/>
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        <balance>1265000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>LEGG MASON INC 3.95% 07/15/24</name>
        <lei>N/A</lei>
        <title>LEGG MASON INC REGD 3.95000000</title>
        <cusip>524901AT2</cusip>
        <identifiers>
          <isin value="US524901AT22"/>
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        <balance>1945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2155479.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CVS HEALTH COR 3.375% 08/12/24</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP REGD 3.37500000</title>
        <cusip>126650CF5</cusip>
        <identifiers>
          <isin value="US126650CF56"/>
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        <balance>575000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>627770.83000000</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>2024-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JONES LANG LASAL 4.4% 11/15/22</name>
        <lei>6SYKCME112RT8TQUO411</lei>
        <title>JONES LANG LASALLE INC REGD 4.40000000</title>
        <cusip>48020QAA5</cusip>
        <identifiers>
          <isin value="US48020QAA58"/>
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        <balance>1370000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1451086.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>ZIMMER BIOMET H 3.15% 04/01/22</name>
        <lei>2P2YLDVPES3BXQ1FRB91</lei>
        <title>ZIMMER BIOMET HOLDINGS REGD 3.15000000</title>
        <cusip>98956PAL6</cusip>
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          <isin value="US98956PAL67"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2000240.68000000</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>2022-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GLOBAL PAYMENTS 3.75% 06/01/23</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>GLOBAL PAYMENTS INC REGD 3.75000000</title>
        <cusip>891906AB5</cusip>
        <identifiers>
          <isin value="US891906AB53"/>
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        <balance>925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>988702.39000000</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>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MACK-CALI REALTY 4.5% 04/18/22</name>
        <lei>N/A</lei>
        <title>MACK-CALI REALTY LP REGD 4.50000000</title>
        <cusip>55448QAQ9</cusip>
        <identifiers>
          <isin value="US55448QAQ91"/>
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        <balance>975000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>970310.50000000</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>2022-04-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OMEGA HLTHCARE I 4.5% 01/15/25</name>
        <lei>549300OJ7ENK42CZ8E73</lei>
        <title>OMEGA HLTHCARE INVESTORS REGD 4.50000000</title>
        <cusip>681936BD1</cusip>
        <identifiers>
          <isin value="US681936BD18"/>
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        <balance>730000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>799055.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>COCA-COLA CO/TH 2.95% 03/25/25</name>
        <lei>UWJKFUJFZ02DKWI3RY53</lei>
        <title>COCA-COLA CO/THE REGD 2.95000000</title>
        <cusip>191216CN8</cusip>
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          <isin value="US191216CN81"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1102044.72000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
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      <invstOrSec>
        <name>JB HUNT TRANSPRT 3.3% 08/15/22</name>
        <lei>549300XCD1MPI1C5GK90</lei>
        <title>JB HUNT TRANSPRT SVCS REGD 3.30000000</title>
        <cusip>445658CE5</cusip>
        <identifiers>
          <isin value="US445658CE53"/>
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        <curCd>USD</curCd>
        <valUSD>2024392.12000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.30000000</annualizedRt>
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      <invstOrSec>
        <name>OMNICOM GP/OMN 3.625% 05/01/22</name>
        <lei>N/A</lei>
        <title>OMNICOM GP/OMNICOM CAP REGD 3.62500000</title>
        <cusip>681919AZ9</cusip>
        <identifiers>
          <isin value="US681919AZ97"/>
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        <valUSD>2028540.61000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>US TREAS NTS 1.625% 10/31/23</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.62500000</title>
        <cusip>912828T91</cusip>
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          <isin value="US912828T917"/>
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        <balance>8755000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9119563.63000000</valUSD>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>US TREAS NTS 2% 06/30/24</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 2.00000000</title>
        <cusip>912828XX3</cusip>
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          <isin value="US912828XX34"/>
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        <valUSD>25832788.01000000</valUSD>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PROSPECT CAPIT 5.875% 03/15/23</name>
        <lei>549300FSD8T39P5Q0O47</lei>
        <title>PROSPECT CAPITAL CORP REGD 5.87500000</title>
        <cusip>74348TAJ1</cusip>
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          <isin value="US74348TAJ16"/>
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        <valUSD>1963790.41000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-15</maturityDt>
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          <annualizedRt>5.87500000</annualizedRt>
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      <invstOrSec>
        <name>CROWN CASTLE IN 3.15% 07/15/23</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CROWN CASTLE INTL CORP REGD 3.15000000</title>
        <cusip>22822VAJ0</cusip>
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          <isin value="US22822VAJ08"/>
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        <balance>2430000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2584817.56000000</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>2023-07-15</maturityDt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CAPITAL ONE FIN 4.75% 07/15/21</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>CAPITAL ONE FINANCIAL CO REGD 4.75000000</title>
        <cusip>14040HAY1</cusip>
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          <isin value="US14040HAY18"/>
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        <balance>1945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1990369.32000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>O'REILLY AUTOM 4.625% 09/15/21</name>
        <lei>549300K2RLMQL149Q332</lei>
        <title>O'REILLY AUTOMOTIVE INC REGD 4.62500000</title>
        <cusip>67103HAB3</cusip>
        <identifiers>
          <isin value="US67103HAB33"/>
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        <balance>271000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>276248.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VERISK ANALYTI 4.125% 09/12/22</name>
        <lei>549300I1YSWNIRKBWP67</lei>
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        <cusip>92345YAC0</cusip>
        <identifiers>
          <isin value="US92345YAC03"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2060142.23000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-12</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US TREAS NTS 1.5% 09/30/24</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.50000000</title>
        <cusip>912828YH7</cusip>
        <identifiers>
          <isin value="US912828YH74"/>
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        <balance>4865000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5093807.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALLEGHANY CORP 4.95% 06/27/22</name>
        <lei>549300DCJE6AYX159479</lei>
        <title>ALLEGHANY CORP REGD 4.95000000</title>
        <cusip>017175AC4</cusip>
        <identifiers>
          <isin value="US017175AC41"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2070393.26000000</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>2022-06-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMORGAN CHASE 3.875% 09/10/24</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE &amp; CO REGD 3.87500000</title>
        <cusip>46625HJY7</cusip>
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          <isin value="US46625HJY71"/>
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        <balance>1480000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1656923.91000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LABORATORY CORP 3.75% 08/23/22</name>
        <lei>OZ7UA8IXAIFILY2VZH07</lei>
        <title>LABORATORY CORP OF AMER REGD 3.75000000</title>
        <cusip>50540RAL6</cusip>
        <identifiers>
          <isin value="US50540RAL69"/>
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        <balance>585000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>611941.83000000</valUSD>
        <pctVal>0.073773012922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>CVS HEALTH COR 3.875% 07/20/25</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS HEALTH CORP REGD 3.87500000</title>
        <cusip>126650CL2</cusip>
        <identifiers>
          <isin value="US126650CL25"/>
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        <balance>1460000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1654417.85000000</valUSD>
        <pctVal>0.199449332345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AUTOZONE INC 3.7% 04/15/22</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AUTOZONE INC REGD 3.70000000</title>
        <cusip>053332AM4</cusip>
        <identifiers>
          <isin value="US053332AM44"/>
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        <balance>290000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>300520.78000000</valUSD>
        <pctVal>0.036229462180</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN SACHS GR 3.2% 02/23/23</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GOLDMAN SACHS GROUP INC REGD 3.20000000</title>
        <cusip>38141GWT7</cusip>
        <identifiers>
          <isin value="US38141GWT74"/>
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        <balance>2430000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2567447.00000000</valUSD>
        <pctVal>0.309520107017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-02-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>DOMTAR CORP 4.4% 04/01/22</name>
        <lei>XYSIJOU3HNVROZWNA008</lei>
        <title>DOMTAR CORP REGD 4.40000000</title>
        <cusip>257559AH7</cusip>
        <identifiers>
          <isin value="US257559AH77"/>
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        <balance>1945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2000726.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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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>1017000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1076025.33000000</valUSD>
        <pctVal>0.129720876534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SYNCHRONY FINANC 3.7% 08/04/26</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>SYNCHRONY FINANCIAL REGD 3.70000000</title>
        <cusip>87165BAL7</cusip>
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          <isin value="US87165BAL71"/>
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        <balance>1460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1620136.84000000</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>2026-08-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US TREAS NTS 1.5% 10/31/21</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.50000000</title>
        <cusip>912828YP9</cusip>
        <identifiers>
          <isin value="US912828YP90"/>
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        <balance>14590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14756417.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>OMEGA HLTHCARE 4.375% 08/01/23</name>
        <lei>549300OJ7ENK42CZ8E73</lei>
        <title>OMEGA HLTHCARE INVESTORS REGD 4.37500000</title>
        <cusip>681936BJ8</cusip>
        <identifiers>
          <isin value="US681936BJ87"/>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1838400.06000000</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>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>EQT CORP 4.875% 11/15/21</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT CORP REGD 4.87500000</title>
        <cusip>26884LAB5</cusip>
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          <isin value="US26884LAB53"/>
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        <balance>279000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>285975.00000000</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>2021-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
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      <invstOrSec>
        <name>FREEPORT-MCMORA 3.55% 03/01/22</name>
        <lei>549300IRDTHJQ1PVET45</lei>
        <title>FREEPORT-MCMORAN INC REGD 3.55000000</title>
        <cusip>35671DAU9</cusip>
        <identifiers>
          <isin value="US35671DAU90"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>249287.50000000</valUSD>
        <pctVal>0.030053003500</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.55000000</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>US TREAS NTS 0.5% 10/31/27</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 0.50000000</title>
        <cusip>91282CAU5</cusip>
        <identifiers>
          <isin value="US91282CAU53"/>
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        <balance>41000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>40660468.75000000</valUSD>
        <pctVal>4.901847102926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</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>JUNIPER NETWORKS 4.5% 03/15/24</name>
        <lei>AUHIXNGG7U2U7JEHM527</lei>
        <title>JUNIPER NETWORKS INC REGD 4.50000000</title>
        <cusip>48203RAG9</cusip>
        <identifiers>
          <isin value="US48203RAG92"/>
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        <balance>1460000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1629051.27000000</valUSD>
        <pctVal>0.196391249138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</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>DIVERSIFIED HEA 4.75% 05/01/24</name>
        <lei>N/A</lei>
        <title>DIVERSIFIED HEALTHCARE T REGD 4.75000000</title>
        <cusip>81721MAK5</cusip>
        <identifiers>
          <isin value="US81721MAK53"/>
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        <balance>485000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>498138.65000000</valUSD>
        <pctVal>0.060053402565</pctVal>
        <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>4.75000000</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>ENERGEN CORP 4.625% 09/01/21</name>
        <lei>N/A</lei>
        <title>ENERGEN CORP REGD 4.62500000</title>
        <cusip>29265NAS7</cusip>
        <identifiers>
          <isin value="US29265NAS71"/>
        </identifiers>
        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1955019.03000000</valUSD>
        <pctVal>0.235688487196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</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>VIACOMCBS INC 3.25% 03/15/23</name>
        <lei>5KYC8KF17ROCY24M3H09</lei>
        <title>VIACOMCBS INC REGD 3.25000000</title>
        <cusip>92553PAR3</cusip>
        <identifiers>
          <isin value="US92553PAR38"/>
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        <balance>2430000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2524282.96000000</valUSD>
        <pctVal>0.304316440386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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>NVR INC 3.95% 09/15/22</name>
        <lei>529900RWXR4JI3JYTV70</lei>
        <title>NVR INC REGD 3.95000000</title>
        <cusip>62944TAE5</cusip>
        <identifiers>
          <isin value="US62944TAE55"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2045812.73000000</valUSD>
        <pctVal>0.246634175944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</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>FAMILY DOLLAR STOR 5% 02/01/21</name>
        <lei>N/A</lei>
        <title>FAMILY DOLLAR STORES INC REGD 5.00000000</title>
        <cusip>307000AA7</cusip>
        <identifiers>
          <isin value="US307000AA72"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1946291.45000000</valUSD>
        <pctVal>0.234636328574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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>US TREAS NTS 2.75% 05/31/23</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 2.75000000</title>
        <cusip>9128284S6</cusip>
        <identifiers>
          <isin value="US9128284S60"/>
        </identifiers>
        <balance>13500000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14344804.62000000</valUSD>
        <pctVal>1.729346491328</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</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>BOSTON PROPERTIE 3.8% 02/01/24</name>
        <lei>N/A</lei>
        <title>BOSTON PROPERTIES LP REGD 3.80000000</title>
        <cusip>10112RAW4</cusip>
        <identifiers>
          <isin value="US10112RAW43"/>
        </identifiers>
        <balance>2920000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3172460.57000000</valUSD>
        <pctVal>0.382457879416</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</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>AVNET INC 3.75% 12/01/21</name>
        <lei>XJI53DCPL7QABOWK4Z75</lei>
        <title>AVNET INC REGD 3.75000000</title>
        <cusip>053807AT0</cusip>
        <identifiers>
          <isin value="US053807AT01"/>
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        <balance>1100000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1126586.22000000</valUSD>
        <pctVal>0.135816274835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</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>SESI LLC 7.125% 12/15/21</name>
        <lei>N/A</lei>
        <title>SESI LLC REGD 0.00000000</title>
        <cusip>78412FAP9</cusip>
        <identifiers>
          <isin value="US78412FAP99"/>
        </identifiers>
        <balance>2090000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>668800.00000000</valUSD>
        <pctVal>0.080627583577</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</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>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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        <balance>22855000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23705813.03000000</valUSD>
        <pctVal>2.857868452970</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</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>PROSPECT CAPITA 4.95% 07/15/22</name>
        <lei>549300FSD8T39P5Q0O47</lei>
        <title>PROSPECT CAPITAL CORP REGD CONVERTIBLE 4.95000000</title>
        <cusip>74348TAR3</cusip>
        <identifiers>
          <isin value="US74348TAR32"/>
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        <balance>2430000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2487475.53000000</valUSD>
        <pctVal>0.299879098671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>PROSPECT CAPITAL CORP</name>
              <title>PROSPECT CAPITAL CORP</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="74348T102"/>
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          <currencyInfos>
            <currencyInfo convRatio="100.00000000" curCd="USD"/>
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          <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US TREAS NTS 2.5% 02/28/26</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 2.50000000</title>
        <cusip>9128286F2</cusip>
        <identifiers>
          <isin value="US9128286F22"/>
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        <balance>19450000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21557589.94000000</valUSD>
        <pctVal>2.598888134890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</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>LINCOLN NATIONAL C 4% 09/01/23</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>LINCOLN NATIONAL CORP REGD 4.00000000</title>
        <cusip>534187BD0</cusip>
        <identifiers>
          <isin value="US534187BD07"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2121415.62000000</valUSD>
        <pctVal>0.255748527517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</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>GENERAL DYNAMIC 3.25% 04/01/25</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>GENERAL DYNAMICS CORP REGD 3.25000000</title>
        <cusip>369550BK3</cusip>
        <identifiers>
          <isin value="US369550BK32"/>
        </identifiers>
        <balance>1320000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1457249.63000000</valUSD>
        <pctVal>0.175679599784</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</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>FS KKR CAPITAL  4.75% 05/15/22</name>
        <lei>549300TYRSI1T21B1360</lei>
        <title>FS KKR CAPITAL CORP REGD 4.75000000</title>
        <cusip>302635AC1</cusip>
        <identifiers>
          <isin value="US302635AC17"/>
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        <balance>2600000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FLOWERS FOODS  4.375% 04/01/22</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US TREAS NTS 2% 05/31/24</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 2.00000000</title>
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        <fairValLevel>2</fairValLevel>
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        <name>US TREAS NTS 1.5% 08/15/26</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.50000000</title>
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          <isin value="US9128282A70"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARES CAPITAL C 3.625% 01/19/22</name>
        <lei>WEQ82666OJYSI5GUAB47</lei>
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        <cusip>04010LAR4</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FLOWSERVE CORPOR 3.5% 09/15/22</name>
        <lei>6Y0GK87T6V7NJKZJVM41</lei>
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        <cusip>34354PAC9</cusip>
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          <isin value="US34354PAC95"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NATIONAL FUEL GA 4.9% 12/01/21</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
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        <cusip>636180BK6</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-12-01</maturityDt>
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      <invstOrSec>
        <name>UNUM GROUP 4% 03/15/24</name>
        <lei>549300E32YFDO6TZ8R31</lei>
        <title>UNUM GROUP REGD 4.00000000</title>
        <cusip>91529YAK2</cusip>
        <identifiers>
          <isin value="US91529YAK29"/>
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        <balance>1945000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2119485.17000000</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>2024-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ABBVIE INC 2.85% 05/14/23</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBVIE INC REGD 2.85000000</title>
        <cusip>00287YAX7</cusip>
        <identifiers>
          <isin value="US00287YAX76"/>
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        <balance>2430000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2555150.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.85000000</annualizedRt>
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      <invstOrSec>
        <name>INTEL CORP 3.4% 03/25/25</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>INTEL CORP REGD 3.40000000</title>
        <cusip>458140BP4</cusip>
        <identifiers>
          <isin value="US458140BP43"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2223713.96000000</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>2025-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.40000000</annualizedRt>
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        <name>US TREAS NTS 2.125% 05/15/25</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 2.12500000</title>
        <cusip>912828XB1</cusip>
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          <isin value="US912828XB14"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>HUMANA INC 3.85% 10/01/24</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>HUMANA INC REGD 3.85000000</title>
        <cusip>444859BD3</cusip>
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          <isin value="US444859BD30"/>
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        <curCd>USD</curCd>
        <valUSD>2688941.33000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BERKLEY (WR) C 4.625% 03/15/22</name>
        <lei>SQOAGCLKBDWNVYV1OV80</lei>
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        <cusip>084423AS1</cusip>
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        <name>ASSURANT INC 4% 03/15/23</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
        <title>ASSURANT INC REGD 4.00000000</title>
        <cusip>04621XAF5</cusip>
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          <isin value="US04621XAF50"/>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>FHR 1052 G 7.5% 03/15/21</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC REMICS SER 1052 CL G 7.50000000</title>
        <cusip>312905BM3</cusip>
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          <isin value="US312905BM32"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
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        <name>US TREAS NTS 0.5% 06/30/27</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 0.50000000</title>
        <cusip>912828ZV5</cusip>
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          <isin value="US912828ZV59"/>
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        <valUSD>46287480.59000000</valUSD>
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        <issuerCat>UST</issuerCat>
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        <name>ARROW ELECTRONIC 4.5% 03/01/23</name>
        <lei>549300YNNLBXT8N8R512</lei>
        <title>ARROW ELECTRONICS INC REGD 4.50000000</title>
        <cusip>042735BC3</cusip>
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          <isin value="US042735BC33"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>US TREAS NTS 0.625% 05/15/30</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 0.62500000</title>
        <cusip>912828ZQ6</cusip>
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          <isin value="US912828ZQ64"/>
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        <balance>6250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6106445.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>US TREAS NTS 2.375% 04/30/26</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 2.37500000</title>
        <cusip>9128286S4</cusip>
        <identifiers>
          <isin value="US9128286S43"/>
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        <curCd>USD</curCd>
        <valUSD>20401631.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-30</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AFLAC INC 3.625% 06/15/23</name>
        <lei>549300N0B7DOGLXWPP39</lei>
        <title>AFLAC INC REGD 3.62500000</title>
        <cusip>001055AL6</cusip>
        <identifiers>
          <isin value="US001055AL64"/>
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        <balance>535000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>576799.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHERN CO 3.25% 07/01/26</name>
        <lei>549300FC3G3YU2FBZD92</lei>
        <title>SOUTHERN CO REGD 3.25000000</title>
        <cusip>842587CV7</cusip>
        <identifiers>
          <isin value="US842587CV72"/>
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        <balance>2430000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2725273.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KOHL'S CORPORAT 3.25% 02/01/23</name>
        <lei>549300JF6LPRTRJ0FH50</lei>
        <title>KOHL'S CORPORATION REGD 3.25000000</title>
        <cusip>500255AS3</cusip>
        <identifiers>
          <isin value="US500255AS33"/>
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        <balance>680000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>705476.10000000</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>2023-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIZENS FINANC 3.75% 07/01/24</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
        <title>CITIZENS FINANCIAL GROUP REGD 3.75000000</title>
        <cusip>174610AL9</cusip>
        <identifiers>
          <isin value="US174610AL91"/>
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        <balance>2000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2156825.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TAPESTRY INC 3% 07/15/22</name>
        <lei>549300LJNVY5SW3VTN33</lei>
        <title>TAPESTRY INC REGD 3.00000000</title>
        <cusip>189754AB0</cusip>
        <identifiers>
          <isin value="US189754AB06"/>
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        <balance>2430000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2482663.15000000</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>2022-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US TREAS NTS 1.375% 06/30/23</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.37500000</title>
        <cusip>912828S35</cusip>
        <identifiers>
          <isin value="US912828S356"/>
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        <balance>19450000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20044136.82000000</valUSD>
        <pctVal>2.416432889789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VOYA FINANCIAL  3.65% 06/15/26</name>
        <lei>549300T065Z4KJ686G75</lei>
        <title>VOYA FINANCIAL INC REGD 3.65000000</title>
        <cusip>929089AB6</cusip>
        <identifiers>
          <isin value="US929089AB68"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2224010.48000000</valUSD>
        <pctVal>0.268116912160</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STIFEL FINANCIA 4.25% 07/18/24</name>
        <lei>549300E5F07FE5GHJX84</lei>
        <title>STIFEL FINANCIAL CORP REGD 4.25000000</title>
        <cusip>860630AD4</cusip>
        <identifiers>
          <isin value="US860630AD42"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2184880.00000000</valUSD>
        <pctVal>0.263399513765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US TREAS NTS 1.625% 09/30/26</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.62500000</title>
        <cusip>912828YG9</cusip>
        <identifiers>
          <isin value="US912828YG91"/>
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        <balance>17020000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18139596.88000000</valUSD>
        <pctVal>2.186829939447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SOUTHERN COPPER  3.5% 11/08/22</name>
        <lei>N/A</lei>
        <title>SOUTHERN COPPER CORP REGD 3.50000000</title>
        <cusip>84265VAF2</cusip>
        <identifiers>
          <isin value="US84265VAF22"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2045393.88000000</valUSD>
        <pctVal>0.246583681232</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MARATHON OIL COR 2.8% 11/01/22</name>
        <lei>1FRVQX2CRLGC1XLP5727</lei>
        <title>MARATHON OIL CORP REGD 2.80000000</title>
        <cusip>565849AK2</cusip>
        <identifiers>
          <isin value="US565849AK29"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1999143.59000000</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>2022-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US TREAS NTS 2.5% 01/31/24</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 2.50000000</title>
        <cusip>9128285Z9</cusip>
        <identifiers>
          <isin value="US9128285Z94"/>
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        <balance>19450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20836572.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KINROSS GOLD C 5.125% 09/01/21</name>
        <lei>549300UEBMAQDN0K0R06</lei>
        <title>KINROSS GOLD CORP REGD 5.12500000</title>
        <cusip>496902AJ6</cusip>
        <identifiers>
          <isin value="US496902AJ65"/>
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        <balance>730000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>743172.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PEOPLES UNITED BAN 4% 07/15/24</name>
        <lei>N/A</lei>
        <title>PEOPLES UNITED BANK REGD 4.00000000</title>
        <cusip>71270QEB8</cusip>
        <identifiers>
          <isin value="US71270QEB86"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1887148.64000000</valUSD>
        <pctVal>0.227506331780</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HYATT HOTELS C 5.375% 08/15/21</name>
        <lei>T27JQIMTYSH41TCD5186</lei>
        <title>HYATT HOTELS CORP REGD 5.37500000</title>
        <cusip>448579AD4</cusip>
        <identifiers>
          <isin value="US448579AD49"/>
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        <balance>50000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>50804.32000000</valUSD>
        <pctVal>0.006124745150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEERE &amp; COMPANY 2.75% 04/15/25</name>
        <lei>PWFTNG3EI0Y73OXWDH08</lei>
        <title>DEERE &amp; COMPANY REGD 2.75000000</title>
        <cusip>244199BH7</cusip>
        <identifiers>
          <isin value="US244199BH70"/>
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        <balance>2540000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2767831.04000000</valUSD>
        <pctVal>0.333677524679</pctVal>
        <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>2.75000000</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>WI TREASURY SE 0.375% 09/30/27</name>
        <lei>N/A</lei>
        <title>WI TREASURY N/B REGD 0.37500000</title>
        <cusip>91282CAL5</cusip>
        <identifiers>
          <isin value="US91282CAL54"/>
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        <balance>41300000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>40651461.14000000</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>2027-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.37500000</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>HARMAN INTL IND 4.15% 05/15/25</name>
        <lei>N/A</lei>
        <title>HARMAN INTL IND REGD 4.15000000</title>
        <cusip>413086AH2</cusip>
        <identifiers>
          <isin value="US413086AH29"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2165314.02000000</valUSD>
        <pctVal>0.261040725357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY 3.125% 01/23/23</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MORGAN STANLEY REGD MTN SER GMTN 3.12500000</title>
        <cusip>61744YAN8</cusip>
        <identifiers>
          <isin value="US61744YAN85"/>
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        <balance>2430000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2564412.49000000</valUSD>
        <pctVal>0.309154279851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MARRIOTT INTER 3.125% 02/15/23</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>MARRIOTT INTERNATIONAL REGD SER WI 3.12500000</title>
        <cusip>571903AV5</cusip>
        <identifiers>
          <isin value="US571903AV50"/>
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        <balance>1945000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2008348.88000000</valUSD>
        <pctVal>0.242117699124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>LOWE'S COS INC 4% 04/15/25</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>LOWE'S COS INC REGD 4.00000000</title>
        <cusip>548661DT1</cusip>
        <identifiers>
          <isin value="US548661DT10"/>
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        <balance>1320000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1499514.40000000</valUSD>
        <pctVal>0.180774854383</pctVal>
        <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>4.00000000</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>US TREAS NTS 1.5% 02/28/23</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.50000000</title>
        <cusip>912828P79</cusip>
        <identifiers>
          <isin value="US912828P790"/>
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        <balance>24315000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25029253.13000000</valUSD>
        <pctVal>3.017416564921</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</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>FAIRFAX US INC 4.875% 08/13/24</name>
        <lei>N/A</lei>
        <title>FAIRFAX US INC REGD P/P 4.87500000</title>
        <cusip>304071AA1</cusip>
        <identifiers>
          <isin value="US304071AA16"/>
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        <balance>730000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>799951.10000000</valUSD>
        <pctVal>0.096438582794</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>US TREAS NTS 0.5% 04/30/27</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 0.50000000</title>
        <cusip>912828ZN3</cusip>
        <identifiers>
          <isin value="US912828ZN34"/>
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        <balance>11000000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10968632.84000000</valUSD>
        <pctVal>1.322330085282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</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>US TREAS NTS 1.625% 05/15/26</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.62500000</title>
        <cusip>912828R36</cusip>
        <identifiers>
          <isin value="US912828R366"/>
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        <balance>29175000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>31056559.64000000</valUSD>
        <pctVal>3.744042102274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</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>US TREAS NTS 1.375% 09/30/23</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.37500000</title>
        <cusip>912828T26</cusip>
        <identifiers>
          <isin value="US912828T263"/>
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        <balance>24315000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25130882.29000000</valUSD>
        <pctVal>3.029668529023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.37500000</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>HUNTINGTON BANCS 2.3% 01/14/22</name>
        <lei>549300XTVCVV9I7B5T19</lei>
        <title>HUNTINGTON BANCSHARES REGD 2.30000000</title>
        <cusip>446150AK0</cusip>
        <identifiers>
          <isin value="US446150AK09"/>
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        <balance>2675000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2723147.78000000</valUSD>
        <pctVal>0.328290707574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.30000000</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>PNC BANK NA 3.8% 07/25/23</name>
        <lei>N/A</lei>
        <title>PNC BANK NA REGD 3.80000000</title>
        <cusip>69349LAM0</cusip>
        <identifiers>
          <isin value="US69349LAM00"/>
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        <balance>2500000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2709959.45000000</valUSD>
        <pctVal>0.326700780571</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</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>EXELON GENERATI 4.25% 06/15/22</name>
        <lei>N/A</lei>
        <title>EXELON GENERATION CO LLC REGD SER WI 4.25000000</title>
        <cusip>30161MAL7</cusip>
        <identifiers>
          <isin value="US30161MAL72"/>
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        <balance>975000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1018023.34000000</valUSD>
        <pctVal>0.122728411976</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>KEURIG DR PEPPE 3.13% 12/15/23</name>
        <lei>DYTQ8KRTKO7Y2BVU5K74</lei>
        <title>KEURIG DR PEPPER INC REGD 3.13000000</title>
        <cusip>26138EAW9</cusip>
        <identifiers>
          <isin value="US26138EAW93"/>
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        <balance>2910000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3131451.06000000</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>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.13000000</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>
      <invstOrSec>
        <name>DIAMOND OFFSHOR 3.45% 11/01/23</name>
        <lei>N/A</lei>
        <title>DIAMOND OFFSHORE DRILL REGD 0.00000000</title>
        <cusip>25271CAM4</cusip>
        <identifiers>
          <isin value="US25271CAM47"/>
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        <balance>1460000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>178850.00000000</valUSD>
        <pctVal>0.021561368604</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US TREAS NTS 1.75% 02/28/22</name>
        <lei>N/A</lei>
        <title>UNITED STATES TREASURY NOTE 1.75000000</title>
        <cusip>912828J43</cusip>
        <identifiers>
          <isin value="US912828J439"/>
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        <balance>14590000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14865842.19000000</valUSD>
        <pctVal>1.792160486876</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-01-29</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>
