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        <name>Zurich Insurance Group AG</name>
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        <name>ATP TOW/ANDEAN TELECOM</name>
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        <name>Freddie Mac</name>
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        <name>REGION OF LAZIO</name>
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        <name>COREBRIDGE GLOB FUNDING</name>
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        <name>HOCHTIEF AG</name>
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        <name>Ford Credit Auto Owner Trust/F</name>
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        <name>REALTY INCOME CORP</name>
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        <name>ICE FUTURES EUROPE</name>
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        <name>STANDARD INDUSTRI INC/NY</name>
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        <name>Koninklijke KPN NV</name>
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        <name>Alnylam Pharmaceuticals Inc</name>
        <lei>529900S3ZI14OWRJII50</lei>
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        <name>ENERGY TRANSFER LP</name>
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        <title>Energy Transfer LP</title>
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        <name>PROVINCE OF QUEBEC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UCB SA</name>
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        <invCountry>BE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-04-01</maturityDt>
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      <invstOrSec>
        <name>SITC International Holdings Co</name>
        <lei>529900JUV4MOM9CE3V12</lei>
        <title>SITC International Holdings Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KYG8187G1055"/>
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        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GREENSAIF PIPELINES BIDC</name>
        <lei>549300YWDGUXPB8GRP47</lei>
        <title>Greensaif Pipelines Bidco Sarl</title>
        <cusip>000000000</cusip>
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        <balance>925000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>965635.25000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-23</maturityDt>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <title>AUD/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <valUSD>21399.03000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
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        <title>JPMorgan Chase &amp; Co</title>
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          <isin value="US46647PEA03"/>
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        <balance>770000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-23</maturityDt>
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        <name>WINDSTREAM SERVICES/ESCR</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-01</maturityDt>
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          <annualizedRt>8.25000000</annualizedRt>
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      <invstOrSec>
        <name>National Fuel Gas Co</name>
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        <title>National Fuel Gas Co</title>
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          <isin value="US6361801011"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36179TCY9</cusip>
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        <balance>153165.32000000</balance>
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        <curCd>USD</curCd>
        <valUSD>147885.04000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-07-20</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>MercadoLibre Inc</name>
        <lei>549300DKPDN9M5S8GB14</lei>
        <title>MercadoLibre Inc</title>
        <cusip>58733R102</cusip>
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          <isin value="US58733R1023"/>
          <ticker value="MELI"/>
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        <balance>717.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>UY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Aena SME SA</name>
        <lei>959800R7QMXKF0NFMT29</lei>
        <title>Aena SME SA</title>
        <cusip>000000000</cusip>
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          <isin value="ES0105046017"/>
          <ticker value="AENA"/>
          <other otherDesc="SEDOL" value="BTMKJR0"/>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Northwoods Capital Ltd</name>
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        <title>Northwoods Capital XI-B Ltd</title>
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        <invCountry>KY</invCountry>
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        <name>HUNGARY</name>
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        <name>Otsuka Holdings Co Ltd</name>
        <lei>N/A</lei>
        <title>Otsuka Holdings Co Ltd</title>
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          <ticker value="4578"/>
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        <name>DoorDash Inc</name>
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        <name>BNP PARIBAS SECURITIES CORP.</name>
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        <title>USD/CHF FORWARD</title>
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        <name>DBS Group Holdings Ltd</name>
        <lei>5493007FKT78NKPM5V55</lei>
        <title>DBS Group Holdings Ltd</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BONOS Y OBLIG DEL ESTADO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nestle SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SCOTTS MIRACLE-GRO CO</name>
        <lei>2TH9E0JTOUXOEGI2R879</lei>
        <title>Scotts Miracle-Gro Co/The</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834DV7</cusip>
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          <isin value="US912834DV73"/>
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        <balance>1130000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2039-05-15</maturityDt>
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      <invstOrSec>
        <name>BPER Banca SPA</name>
        <lei>N747OI7JINV7RUUH6190</lei>
        <title>BPER Banca SPA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0000066123"/>
          <ticker value="BPE"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CORP ANDINA DE FOMENTO</name>
        <lei>UKZ46SXGNYCZK0UOZE76</lei>
        <title>Corp Andina de Fomento</title>
        <cusip>000000000</cusip>
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          <isin value="XS2803753065"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-16</maturityDt>
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      <invstOrSec>
        <name>Enterprise Fleet Financing LLC</name>
        <lei>N/A</lei>
        <title>Enterprise Fleet Financing 2023-2 LLC</title>
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        <curCd>USD</curCd>
        <valUSD>231502.19000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CSAIL Commercial Mortgage Trus</name>
        <lei>N/A</lei>
        <title>CSAIL 2017-CX10 Commercial Mortgage Trust</title>
        <cusip>12595JAG9</cusip>
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          <isin value="US12595JAG94"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.19080000</annualizedRt>
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      <invstOrSec>
        <name>Ciena Corp</name>
        <lei>W0CZ7N0GH8UIGXDM1H41</lei>
        <title>Ciena Corp</title>
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          <isin value="US1717793095"/>
          <ticker value="CIEN"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BNP PARIBAS SECURITIES CORP.</name>
        <lei>RCNB6OTYUAMMP879YW96</lei>
        <title>USD/AUD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512050602753"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>379.82000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GABON BLUE BOND MASTER</name>
        <lei>N/A</lei>
        <title>Gabon Blue Bond Master Trust Series 2</title>
        <cusip>000000000</cusip>
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          <isin value="USU35914AA51"/>
          <other otherDesc="SEDOL" value="BQHN9P1"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Shift4 Payments Inc</name>
        <lei>N/A</lei>
        <title>Shift4 Payments Inc</title>
        <cusip>82452J109</cusip>
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          <ticker value="FOUR"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Lloyds Banking Group PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0008706128"/>
          <ticker value="LLOY"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FREDDIE MAC</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Federal Home Loan Mortgage Corp</title>
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          <isin value="US3134A4KX12"/>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>3140BFDC6</cusip>
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          <isin value="US3140BFDC65"/>
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        <balance>453621.05000000</balance>
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        <curCd>USD</curCd>
        <valUSD>460271.06000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>KINGDOM OF SPAIN</name>
        <lei>9598007A56S18711AH60</lei>
        <title>Spain Government International Bond</title>
        <cusip>000000000</cusip>
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          <isin value="XS0096272355"/>
          <other otherDesc="SEDOL" value="5666485"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>MS&amp;AD Insurance Group Holdings</name>
        <lei>529900CXROT5S2HMMP26</lei>
        <title>MS&amp;AD Insurance Group Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3890310000"/>
          <ticker value="8725"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ball Corp</name>
        <lei>0BGI85ALH27ZJP15DY16</lei>
        <title>Ball Corp</title>
        <cusip>058498106</cusip>
        <identifiers>
          <isin value="US0584981064"/>
          <ticker value="BALL"/>
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        <balance>79000.00000000</balance>
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        <valUSD>4184630.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ACRISURE LLC / FIN INC</name>
        <lei>N/A</lei>
        <title>Acrisure LLC / Acrisure Finance Inc</title>
        <cusip>00489LAK9</cusip>
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          <isin value="US00489LAK98"/>
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        <balance>2040000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>E.ON SE</name>
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        <name>Williams Cos Inc/The</name>
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        <name>Freddie Mac</name>
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        <name>Fannie Mae</name>
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        <name>Gates Industrial Corp PLC</name>
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        <name>Phillips 66</name>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <balance>370000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Anchorage Capital CLO LTD</name>
        <lei>549300NPGT86ACOLIL14</lei>
        <title>Anchorage Capital Clo 11 Ltd</title>
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          <isin value="US03330NAU81"/>
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        <balance>13000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13043387.50000000</valUSD>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-22</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>AMGEN INC</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>Amgen Inc</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CVS Health Corp</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS Health Corp</title>
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          <isin value="US1266501006"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SGS SA</name>
        <lei>2138007JNS19JHNA2336</lei>
        <title>SGS SA</title>
        <cusip>000000000</cusip>
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          <isin value="CH1256740924"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>SEK/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512120358618"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PNC FINANCIAL SERVICES</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The</title>
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          <isin value="US693475CE34"/>
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        <balance>125000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-21</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Pool</title>
        <cusip>3132DWG98</cusip>
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          <isin value="US3132DWG982"/>
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        <balance>2970387.25000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3022041.48000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kyocera Corp</name>
        <lei>N/A</lei>
        <title>Kyocera Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3249600002"/>
          <ticker value="6971"/>
          <other otherDesc="SEDOL" value="6499260"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SMC Corp</name>
        <lei>353800O40V08DOZ70X62</lei>
        <title>SMC Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3162600005"/>
          <ticker value="6273"/>
          <other otherDesc="SEDOL" value="6763965"/>
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        <balance>6900.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Xylem Inc/NY</name>
        <lei>549300DF5MV96DRYLQ48</lei>
        <title>Xylem Inc/NY</title>
        <cusip>98419M100</cusip>
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          <isin value="US98419M1009"/>
          <ticker value="XYL"/>
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        <balance>60914.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8295268.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SLOVAKIA GOVERNMENT BOND</name>
        <lei>097900BHFM0000074794</lei>
        <title>Slovakia Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="SK4000022539"/>
          <other otherDesc="SEDOL" value="BMTY0R3"/>
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        <balance>400000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Coherent Corp</name>
        <lei>549300O5C25A0MMHHU33</lei>
        <title>Coherent Corp</title>
        <cusip>19247G107</cusip>
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          <isin value="US19247G1076"/>
          <ticker value="COHR"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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          <isin value="XS3214409834"/>
          <other otherDesc="SEDOL" value="BVPW836"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CALEDONIA GENERA</name>
        <lei>N/A</lei>
        <title>Caledonia Generating LLC</title>
        <cusip>129268AB4</cusip>
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          <isin value="US129268AB43"/>
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        <balance>335908.43000000</balance>
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        <curCd>USD</curCd>
        <valUSD>297299.69000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>LOGICOR FINANCING SARL</name>
        <lei>254900IS16Q1A2TQFN22</lei>
        <title>Logicor Financing Sarl</title>
        <cusip>000000000</cusip>
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          <isin value="XS2027364327"/>
          <other otherDesc="SEDOL" value="BK91D71"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>OSAKA EXCHANGE,INC</name>
        <lei>3538001249AILNPRUX57</lei>
        <title>JAPAN 10Y BOND(OSE)</title>
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          <ticker value="JBH6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01VK92PD6"/>
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        <isRestrictedSec>N</isRestrictedSec>

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            <payOffProf>Long</payOffProf>
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                <issueTitle>Japan Government Ten Year Bond</issueTitle>
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                  <isin value="JP1103521JA8"/>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tencent Music Entertainment Gr</name>
        <lei>213800XTZK2GOHQTYK41</lei>
        <title>Tencent Music Entertainment Group</title>
        <cusip>88034P109</cusip>
        <identifiers>
          <isin value="US88034P1093"/>
          <ticker value="TME"/>
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        <balance>121671.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2132892.63000000</valUSD>
        <pctVal>0.009189643156</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Merrill Lynch Mortgage Investo</name>
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      <invstOrSec>
        <name>Parallel Ltd</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>LITHIA MOTORS INC</name>
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      <invstOrSec>
        <name>South32 Ltd</name>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31403DQN2</cusip>
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          <isin value="US31403DQN20"/>
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        <balance>954.96000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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      <invstOrSec>
        <name>UNITED MEXICAN STATES</name>
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          <isin value="XS3185370973"/>
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        <name>Stryker Corp</name>
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        <title>Stryker Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Lockheed Martin Corp</name>
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        <title>Lockheed Martin Corp</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>REPUBLIC OF CHILE</name>
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        <title>Chile Government International Bond</title>
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        <curCd>USD</curCd>
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        <invCountry>CL</invCountry>
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        <name>KOREA EXCHANGE, INC.</name>
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        <name>Wartsila OYJ Abp</name>
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        <name>Daimler Truck Holding AG</name>
        <lei>529900PW78JIYOUBSR24</lei>
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        <name>ELECTRICITE DE FRANCE SA</name>
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        <title>Electricite de France SA</title>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <name>Mitsubishi Corp</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31402CTT9</cusip>
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        <name>Julius Baer Group Ltd</name>
        <lei>5299007MF0604ZGJER92</lei>
        <title>Julius Baer Group Ltd</title>
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        <name>TARGA RESOURCES CORP</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>Targa Resources Corp</title>
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        <name>Realty Income Corp</name>
        <lei>549300CUWDAUZSH43859</lei>
        <title>Realty Income Corp</title>
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          <ticker value="O"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BNP PARIBAS</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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          <ticker value="UXYH6"/>
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        <fairValLevel>1</fairValLevel>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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          <ticker value="WNH6"/>
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                <issuerName>US TREASURY N/B</issuerName>
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        <name>Nomura Holdings Inc</name>
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        <title>Nomura Holdings Inc</title>
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        <name>HONG KONG</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Amer Sports Inc</name>
        <lei>391200YCSWTRD1J21867</lei>
        <title>Amer Sports Inc</title>
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          <isin value="KYG0260P1028"/>
          <ticker value="AS"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2017-C41</title>
        <cusip>95001ABC9</cusip>
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          <isin value="US95001ABC99"/>
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        <balance>575000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-11-15</maturityDt>
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      <invstOrSec>
        <name>Trinitas CLO Ltd</name>
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          <isin value="US89641JAW62"/>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Nomura Research Institute Ltd</name>
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          <isin value="JP3762800005"/>
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        <name>GOLDMAN SACHS GROUP INC</name>
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        <name>Ferrari NV</name>
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        <assetCat>EC</assetCat>
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        <name>ORACLE CORP</name>
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        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae Pool</title>
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        <name>TENET HEALTHCARE CORP</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Newmont Corp</name>
        <lei>549300VSP3RIX7FGDZ51</lei>
        <title>Newmont Corp</title>
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          <isin value="US6516391066"/>
          <ticker value="NEM"/>
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        <curCd>USD</curCd>
        <valUSD>9805270.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Cardinal Health Inc</name>
        <lei>CCU46N3GJMF4OK4N7U60</lei>
        <title>Cardinal Health Inc</title>
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          <isin value="US14149Y1082"/>
          <ticker value="CAH"/>
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        <curCd>USD</curCd>
        <valUSD>14796000.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>INVITATION HOMES OP</name>
        <lei>549300147YMUQB3GW319</lei>
        <title>Invitation Homes Operating Partnership LP</title>
        <cusip>46188BAA0</cusip>
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          <isin value="US46188BAA08"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>236016.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BELLIS ACQUISITION CO PL</name>
        <lei>259400CYE2267UB4A481</lei>
        <title>Bellis Acquisition Co PLC</title>
        <cusip>000000000</cusip>
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          <isin value="XS3099156070"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Spotify Technology SA</name>
        <lei>549300B4X0JHWV0DTD60</lei>
        <title>Spotify Technology SA</title>
        <cusip>000000000</cusip>
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          <isin value="LU1778762911"/>
          <ticker value="SPOT"/>
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        <balance>15942.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Non Gold Pool</title>
        <cusip>3128LUHZ2</cusip>
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          <isin value="US3128LUHZ28"/>
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        <balance>362.11000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.93300000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834KP2</cusip>
        <identifiers>
          <isin value="US912834KP23"/>
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        <balance>11760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5499761.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-08-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>ICE FUTURES EUROPE</name>
        <lei>549300UF4R84F48NCH34</lei>
        <title>3MO EURO EURIBOR</title>
        <cusip>000000000</cusip>
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          <ticker value="ERZ8"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01C373XQ9"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>ICE FUTURES EUROPE</counterpartyName>
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            <payOffProf>Short</payOffProf>
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                <issuerName>INTERCONTENTIAL EXCHANGE</issuerName>
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      <invstOrSec>
        <name>SOUTHERN CO GAS CAPITAL</name>
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        <title>Southern Co Gas Capital Corp</title>
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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>2051-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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      <invstOrSec>
        <name>LAMB WESTON HLD</name>
        <lei>5493005SMYID1D2OY946</lei>
        <title>Lamb Weston Holdings Inc</title>
        <cusip>513272AD6</cusip>
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          <isin value="US513272AD65"/>
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        <balance>647000.00000000</balance>
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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>2030-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Verus Securitization Trust</name>
        <lei>N/A</lei>
        <title>Verus Securitization Trust 2021-5</title>
        <cusip>92538KAB9</cusip>
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        <balance>403198.49000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2066-09-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>UNITED RENTALS NORTH AM</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>United Rentals North America Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FORD MOTOR CREDIT CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co LLC</title>
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        <balance>355000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Quest Diagnostics Inc</name>
        <lei>8MCWUBXQ0WE04KMXBX50</lei>
        <title>Quest Diagnostics Inc</title>
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          <ticker value="DGX"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CRH PLC</name>
        <lei>549300MIDJNNTH068E74</lei>
        <title>CRH PLC</title>
        <cusip>000000000</cusip>
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          <isin value="IE0001827041"/>
          <ticker value="CRH"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31418CDL5</cusip>
        <identifiers>
          <isin value="US31418CDL54"/>
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        <balance>1549964.75000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36241L6P6</cusip>
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          <isin value="US36241L6P68"/>
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        <balance>463.90000000</balance>
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        <curCd>USD</curCd>
        <valUSD>467.10000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>BOEING CO</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The</title>
        <cusip>097023DB8</cusip>
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          <isin value="US097023DB86"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>255610.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Bank5</name>
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        <name>REPUBLIC OF SLOVENIA</name>
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        <name>Tikehau</name>
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        <name>LAMB WESTON HLD</name>
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        <title>Lamb Weston Holdings Inc</title>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Foundation Finance Trust</name>
        <lei>N/A</lei>
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          <isin value="US35042TAA07"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.56000000</annualizedRt>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <title>Freddie Mac Gold Pool</title>
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          <isin value="US31287UEV08"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>PACIFIC GAS &amp; ELECTRIC</name>
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          <isin value="US694308JG36"/>
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        <balance>1461000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>LUKOIL PJSC</name>
        <lei>549300LCJ1UJXHYBWI24</lei>
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          <isin value="RU0009024277"/>
          <ticker value="LKOH"/>
          <other otherDesc="SEDOL" value="B59SNS8"/>
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        <balance>9456.00000000</balance>
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        <pctVal>0.000000000043</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>VISTRA OPERATIONS CO LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co LLC</title>
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          <isin value="US92840VAP76"/>
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        <balance>2230000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Progress Residential Trust</name>
        <lei>N/A</lei>
        <title>Progress Residential 2025-SFR6 Trust</title>
        <cusip>74334EAA9</cusip>
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          <isin value="US74334EAA91"/>
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        <balance>729795.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government International Bond</title>
        <cusip>91087BBM1</cusip>
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          <isin value="XS3185370890"/>
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        <balance>2150000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Gold Pool</title>
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        <name>CELANESE US HOLDINGS LLC</name>
        <lei>CD30XVRLT4QO00B1C706</lei>
        <title>Celanese US Holdings LLC</title>
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        <name>CHURCHILL DOWNS INC</name>
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        <name>Kajima Corp</name>
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        <name>CarMax Inc</name>
        <lei>N/A</lei>
        <title>CarMax Inc</title>
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        <name>ABB Ltd</name>
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        <title>ABB Ltd</title>
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        <name>Freddie Mac - STACR</name>
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        <title>Freddie Mac STACR REMIC Trust 2021-HQA4</title>
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        <name>Jamestown CLO Ltd</name>
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        <name>TENN VALLEY AUTHORITY</name>
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        <name>Bank</name>
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        <name>BOEING CO</name>
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        <name>BANQUE FED CRED MUTUEL</name>
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      <invstOrSec>
        <name>Elmwood CLO 25 Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NOVELIS CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AMERICAN HONDA FINANCE</name>
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      <invstOrSec>
        <name>INVITATION HOMES OP</name>
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        <title>Invitation Homes Operating Partnership LP</title>
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          <isin value="US46188BAE20"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Markel Group Inc</name>
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        <title>Markel Group Inc</title>
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          <isin value="US5705351048"/>
          <ticker value="MKL"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DIGITAL DUTCH FINCO BV</name>
        <lei>549300ONZ5IS6B6IMJ70</lei>
        <title>Digital Dutch Finco BV</title>
        <cusip>000000000</cusip>
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          <isin value="XS2232115423"/>
          <other otherDesc="SEDOL" value="BL98379"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.00000000</annualizedRt>
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      <invstOrSec>
        <name>PHINIA INC</name>
        <lei>254900HG6MORZE1FFM18</lei>
        <title>Phinia Inc</title>
        <cusip>71880KAA9</cusip>
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          <isin value="US71880KAA97"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>621531.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ILIAD HOLDING SAS</name>
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        <title>Iliad Holding SAS</title>
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          <isin value="US449691AC82"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNP PARIBAS SECURITIES CORP.</name>
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        <title>THB/USD FORWARD</title>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>Rockford Tower CLO Ltd</name>
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        <name>Scout24 SE</name>
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        <name>ICG Euro CLO</name>
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        <title>ICG Euro CLO 2023-1 DAC</title>
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        <name>Bank of America Corp</name>
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      <invstOrSec>
        <name>ENERGUATE TRUST 2 0</name>
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        <title>Energuate Trust 2 0</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Mitsui OSK Lines Ltd</name>
        <lei>353800P8O843TMAZ6S09</lei>
        <title>Mitsui OSK Lines Ltd</title>
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          <isin value="JP3362700001"/>
          <ticker value="9104"/>
          <other otherDesc="SEDOL" value="6597584"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>06051GLV9</cusip>
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          <isin value="US06051GLV94"/>
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        <balance>305000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308897.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.93300000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>IVORY COAST</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2264871828"/>
          <other otherDesc="SEDOL" value="BMYD8L5"/>
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        <balance>875000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</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>NOVELIS CORP</name>
        <lei>549300G5F3W3B52WYL23</lei>
        <title>Novelis Corp</title>
        <cusip>670001AE6</cusip>
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          <isin value="US670001AE60"/>
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        <balance>1080000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1043852.06000000</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>2030-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>95000U3N1</cusip>
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          <isin value="US95000U3N13"/>
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        <balance>1325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1353911.64000000</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>2035-12-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.21100000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>COP CALL VERSUS USD PUT</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="FXB8AEXS2Z4"/>
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        <balance>3565000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>21.27000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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                      <other otherDesc="INTERNAL" value="PI61910_FXB8AEXS2Z4_CITIU_S"/>
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                    <invOthCountry>US</invOthCountry>
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            <exercisePrice>3300.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-01-29</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>21.27000000</unrealizedAppr>
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      <invstOrSec>
        <name>INTESA SANPAOLO SPA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>Intesa Sanpaolo SpA</title>
        <cusip>46115HBL0</cusip>
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          <isin value="US46115HBL06"/>
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        <balance>1610000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>TREASURY CORP VICTORIA</name>
        <lei>549300ZJM7BQW1P9UV75</lei>
        <title>Treasury Corp of Victoria</title>
        <cusip>000000000</cusip>
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          <other otherDesc="SEDOL" value="BNDC0S1"/>
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        <currencyConditional curCd="AUD" exchangeRt="1.49846407"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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      <invstOrSec>
        <name>Unilever PLC</name>
        <lei>549300MKFYEKVRWML317</lei>
        <title>Unilever PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BVZK7T90"/>
          <ticker value="UNA"/>
          <other otherDesc="SEDOL" value="BTMR1D1"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BUONI POLIENNALI DEL TES</name>
        <lei>815600DE60799F5A9309</lei>
        <title>Italy Buoni Poliennali Del Tesoro</title>
        <cusip>000000000</cusip>
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          <isin value="IT0005436693"/>
          <other otherDesc="SEDOL" value="BNRN358"/>
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        <balance>5680000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.60000000</annualizedRt>
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      <invstOrSec>
        <name>UNITED RENTALS NORTH AM</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>United Rentals North America Inc</title>
        <cusip>911365BL7</cusip>
        <identifiers>
          <isin value="US911365BL76"/>
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        <curCd>USD</curCd>
        <valUSD>1282136.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>Recruit Holdings Co Ltd</name>
        <lei>353800R2LRSMVVC4I806</lei>
        <title>Recruit Holdings Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3970300004"/>
          <ticker value="6098"/>
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        <balance>98100.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GSK PLC</name>
        <lei>5493000HZTVUYLO1D793</lei>
        <title>GSK PLC</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co</title>
        <cusip>46647PBP0</cusip>
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          <isin value="US46647PBP09"/>
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        <balance>2042000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1927705.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31407CB71</cusip>
        <identifiers>
          <isin value="US31407CB715"/>
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        <balance>406.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>414.38000000</valUSD>
        <pctVal>0.000001785370</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BOC Hong Kong Holdings Ltd</name>
        <lei>254900JB98W77JDJMW15</lei>
        <title>BOC Hong Kong Holdings Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="HK2388011192"/>
          <ticker value="2388"/>
          <other otherDesc="SEDOL" value="6536112"/>
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        <balance>833000.00000000</balance>
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        <valUSD>4227467.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>USD CALL VERSUS MXN PUT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="FXB8AEV18V8"/>
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        <balance>14361000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6524.54000000</valUSD>
        <pctVal>0.000028111210</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>Rockford Tower Europe CLO</name>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of New York Mellon Corp/T</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ford Credit Auto Owner Trust/F</name>
        <lei>N/A</lei>
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        <name>HUDSON RIVER TRADING LLC</name>
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        <name>KEYCORP</name>
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        <name>EMIRATES NBD BANK PJSC</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>FIFTH THIRD BANCORP</name>
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        <name>GOLDMAN SACHS GROUP INC</name>
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        <name>BAT CAPITAL CORP</name>
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        <name>Nippon Yusen KK</name>
        <lei>353800YPW4XM0ZN5I149</lei>
        <title>Nippon Yusen KK</title>
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        <name>iShares MSCI EAFE ETF</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BRITISH COLUMBIA PROV OF</name>
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        <name>UNITED AIRLINES INC</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>INVITATION HOMES OP</name>
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        <name>Zebra Technologies Corp</name>
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        <name>PG&amp;E CORP</name>
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        <name>Aeon Co Ltd</name>
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        <name>STANDARD CHARTERED PLC</name>
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        <name>Vertex Pharmaceuticals Inc</name>
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        <name>LIFEPOINT HEALTH INC</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>TARGA RESOURCES PARTNERS</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UNITED AIRLINES INC</name>
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      <invstOrSec>
        <name>Social Professional Loan Progr</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK GOSPODARSTWA KRAJOW</name>
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        <title>Bank Gospodarstwa Krajowego</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-03-18</maturityDt>
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      <invstOrSec>
        <name>Lendmark Funding Trust</name>
        <lei>N/A</lei>
        <title>Lendmark Funding Trust 2025-2</title>
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          <isin value="US52603GAA40"/>
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        <balance>1527000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Mondelez International Inc</name>
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        <title>Mondelez International Inc</title>
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          <ticker value="MDLZ"/>
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        <balance>136302.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>One Bryant Park Trust</name>
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        <title>One Bryant Park Trust 2019-OBP</title>
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          <isin value="US68236JAA97"/>
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        <balance>195000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>HONEYWELL INTERNATIONAL</name>
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        <title>Honeywell International Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>BARCLAYS CAPITAL INC.</name>
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        <name>Core &amp; Main Inc</name>
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        <name>Citigroup Mortgage Loan Trust</name>
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        <title>Citigroup Mortgage Loan Trust Inc</title>
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        <name>CAIXABANK SA</name>
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      <invstOrSec>
        <name>HYUNDAI CAPITAL AMERICA</name>
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        <title>Hyundai Capital America</title>
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        <name>General Mills Inc</name>
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        <title>General Mills Inc</title>
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        <name>NATWEST GROUP PLC</name>
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        <title>NatWest Group PLC</title>
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      <invstOrSec>
        <name>Sonic Healthcare Ltd</name>
        <lei>549300NQQ5L2NONWR862</lei>
        <title>Sonic Healthcare Ltd</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SYNTHOMER PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALSTOM SA</name>
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        <name>Rio Tinto Ltd</name>
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        <name>Aegon Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Freddie Mac - STACR</name>
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        <name>Fidelity National Information</name>
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        <name>Informa PLC</name>
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        <name>NXP Semiconductors NV</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>STAR LEASING CO LLC</name>
        <lei>549300WXKNX4PT3HSN71</lei>
        <title>Star Leasing Co LLC</title>
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        <name>Yara International ASA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMISION FEDERAL DE ELEC</name>
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        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>902613BF4</cusip>
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          <isin value="US902613BF40"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>767375.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>AutoZone Inc</name>
        <lei>GA3JGKJ41LJKXDN23E90</lei>
        <title>AutoZone Inc</title>
        <cusip>053332102</cusip>
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          <isin value="US0533321024"/>
          <ticker value="AZO"/>
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        <balance>400.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LANXESS AG</name>
        <lei>529900PTLRE72EMYIJ77</lei>
        <title>LANXESS AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE0005470405"/>
          <ticker value="LXS"/>
          <other otherDesc="SEDOL" value="B05M8B7"/>
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        <balance>78194.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <pctVal>0.006903590991</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T Inc</title>
        <cusip>00206R102</cusip>
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          <isin value="US00206R1023"/>
          <ticker value="T"/>
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        <balance>793399.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19708031.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC</title>
        <cusip>404280CV9</cusip>
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          <isin value="US404280CV97"/>
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        <balance>615000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>584527.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.20600000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAKE-TWO INTERACTIVE SOF</name>
        <lei>BOMSTHHJK882EWYX3334</lei>
        <title>Take-Two Interactive Software Inc</title>
        <cusip>874054AH2</cusip>
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          <isin value="US874054AH20"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>436370.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-14</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912810TM0</cusip>
        <identifiers>
          <isin value="US912810TM09"/>
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        <balance>45214000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>41497974.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-15</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <title>USD CALL VERSUS ZAR PUT</title>
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          <other otherDesc="INTERNAL" value="FXB8AEV19S4"/>
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        <balance>7181000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CAISSE FRANCAISE DE FIN</name>
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        <title>Caisse Francaise de Financement Local SA</title>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>PACIFIC GAS &amp; ELECTRIC</name>
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        <title>Pacific Gas and Electric Co</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Healthpeak Properties Inc</name>
        <lei>254900M6MTMZM0I22L81</lei>
        <title>Healthpeak Properties Inc</title>
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          <isin value="US42250P1030"/>
          <ticker value="DOC"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chubu Electric Power Co Inc</name>
        <lei>529900A76GOP0PGNHT63</lei>
        <title>Chubu Electric Power Co Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3526600006"/>
          <ticker value="9502"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834PB8</cusip>
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          <isin value="US912834PB81"/>
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        <balance>1115000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912810TK4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>MPT OPER PARTNERSP/FINL</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Expedia Group Inc</name>
        <lei>N/A</lei>
        <title>Expedia Group Inc</title>
        <cusip>30212P303</cusip>
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          <ticker value="EXPE"/>
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        <curCd>USD</curCd>
        <valUSD>5439552.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>Freddie Mac</name>
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        <name>DEUTSCHE BANK NY</name>
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      <invstOrSec>
        <name>Camden Property Trust</name>
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        <name>REGIE AUTONOME DES TRANS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SingTel</name>
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        <name>BANK OF AMERICA, NATIONAL ASSOCIATION</name>
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        <securityLending>
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      <invstOrSec>
        <name>BFLD Trust</name>
        <lei>N/A</lei>
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          <isin value="US05494JAA88"/>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1799997.12000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Castle Hill INGOTS Ltd</name>
        <lei>N/A</lei>
        <title>CSTL Commercial Mortgage Trust 2025-GATE2</title>
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          <isin value="US12676JAA43"/>
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        <balance>1243902.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-11-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.56048000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Park Avenue Institutional Advi</name>
        <lei>529900T8KGS8BIJDM810</lei>
        <title>Park Avenue Institutional Advisers CLO Ltd 2019-2</title>
        <cusip>70018AAJ9</cusip>
        <identifiers>
          <isin value="US70018AAJ97"/>
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        <balance>7500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>FORD MOTOR CREDIT CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co LLC</title>
        <cusip>345397C27</cusip>
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          <isin value="US345397C270"/>
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        <balance>630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>632108.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANK OF AMERICA, NATIONAL ASSOCIATION</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>USD CALL VERSUS TRY PUT</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="FXB8AEVQ0L3"/>
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        <balance>-4657000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
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                    <name>BANK OF AMERICA, NATIONAL ASSOCIATION</name>
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                      <other otherDesc="INTERNAL" value="PI61910_FXB8AEVQ0L3_955_S"/>
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                    <balance>0.00000000</balance>
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                    <invCountry>US</invCountry>
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                  <amtCurPur>N/A</amtCurPur>
                  <curPur>TRY</curPur>
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            <principalAmt>-4657000.00000000</principalAmt>
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            <delta>XXXX</delta>
            <unrealizedAppr>30199.72000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BWX Technologies Inc</name>
        <lei>549300NP85N265KWMS58</lei>
        <title>BWX Technologies Inc</title>
        <cusip>05605H100</cusip>
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          <isin value="US05605H1005"/>
          <ticker value="BWXT"/>
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        <balance>8878.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF INDONESIA</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>Indonesia Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS1432493440"/>
          <other otherDesc="SEDOL" value="BDHBFR8"/>
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        <balance>4080000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Taisei Corp</name>
        <lei>529900TF7XJKIOWMLQ79</lei>
        <title>Taisei Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3443600006"/>
          <ticker value="1801"/>
          <other otherDesc="SEDOL" value="6870100"/>
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        <balance>40500.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BEAZER HOMES USA</name>
        <lei>549300DUPYT2T0F60I45</lei>
        <title>Beazer Homes USA Inc</title>
        <cusip>07556QBR5</cusip>
        <identifiers>
          <isin value="US07556QBR56"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50011.06000000</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>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Trip.com Group Ltd</name>
        <lei>2549004RMYDSRQL4KW41</lei>
        <title>Trip.com Group Ltd</title>
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          <isin value="US89677Q1076"/>
          <ticker value="TCOM"/>
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        <balance>35343.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2541515.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Ameriprise Financial Inc</name>
        <lei>6ZLKQF7QB6JAEKQS5388</lei>
        <title>Ameriprise Financial Inc</title>
        <cusip>03076C106</cusip>
        <identifiers>
          <isin value="US03076C1062"/>
          <ticker value="AMP"/>
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        <balance>6918.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3392172.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fuji Electric Co Ltd</name>
        <lei>5299000HVNGZZTYYM906</lei>
        <title>Fuji Electric Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3820000002"/>
          <ticker value="6504"/>
          <other otherDesc="SEDOL" value="6356365"/>
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        <balance>30643.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ANZ Group Holdings Ltd</name>
        <lei>9845005D9C6BAA10BK72</lei>
        <title>ANZ Group Holdings Ltd</title>
        <cusip>000000000</cusip>
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          <ticker value="ANZ"/>
          <other otherDesc="SEDOL" value="6065586"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PROVINCE OF QUEBEC</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>Province of Quebec Canada</title>
        <cusip>74814ZER0</cusip>
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          <isin value="CA74814ZER07"/>
          <other otherDesc="SEDOL" value="B8W6JP9"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>NEC Corp</name>
        <lei>5493000QYMPFRTEY4K28</lei>
        <title>NEC Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3733000008"/>
          <ticker value="6701"/>
          <other otherDesc="SEDOL" value="6640400"/>
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        <balance>253100.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>ZAR CALL VERSUS USD PUT</title>
        <cusip>000000000</cusip>
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        <balance>-7181000.00000000</balance>
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                    <invOthCountry>US</invOthCountry>
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      <invstOrSec>
        <name>ONEOK INC</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>ONEOK Inc</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-01</maturityDt>
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          <annualizedRt>5.65000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SUN HUNG KAI PROP (CAP)</name>
        <lei>222100WJDEUAP4JLW867</lei>
        <title>SUN HUNG KAI PROPERTIES CAPITAL MARKET LTD</title>
        <cusip>000000000</cusip>
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          <isin value="HK0000685013"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-25</maturityDt>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36202FN44</cusip>
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          <isin value="US36202FN440"/>
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        <balance>6.57000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6.56000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>nVent Electric PLC</name>
        <lei>N/A</lei>
        <title>nVent Electric PLC</title>
        <cusip>000000000</cusip>
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          <isin value="IE00BDVJJQ56"/>
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        <balance>81000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8259570.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TARGA RESOURCES PARTNERS</name>
        <lei>N/A</lei>
        <title>Targa Resources Partners LP / Targa Resources Partners Finance Corp</title>
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          <isin value="US87612BBG68"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-15</maturityDt>
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      <invstOrSec>
        <name>Unipol Assicurazioni SpA</name>
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          <isin value="IT0004810054"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NiSource Inc</title>
        <cusip>65473PAR6</cusip>
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          <isin value="US65473PAR64"/>
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        <balance>610000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>INDIA GREEN POWER HOLD</name>
        <lei>254900I7N0GT4VVL6V29</lei>
        <title>India Green Power Holdings</title>
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          <isin value="USV4819LAA09"/>
          <other otherDesc="SEDOL" value="BKP4QJ7"/>
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        <balance>259980.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-22</maturityDt>
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        <name>JP Morgan Mortgage Trust</name>
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        <title>JP Morgan Mortgage Trust 2020-INV1</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-08-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>Credit Suisse Mortgage Trust</name>
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        <name>Intuit Inc</name>
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        <name>Texas Instruments Inc</name>
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        <title>Texas Instruments Inc</title>
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        <name>DISH DBS CORP</name>
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        <name>TRUIST FINANCIAL CORP</name>
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        <title>Truist Financial Corp</title>
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        <name>Fannie Mae</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>BUONI POLIENNALI DEL TES</name>
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        <name>Sequoia Mortgage Trust</name>
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        <name>OneMain Financial Issuance Tru</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>OneMain Financial Issuance Tru</name>
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        <name>US TREASURY N/B</name>
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        <name>Aramark</name>
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        <name>Elmwood CLO II Ltd.</name>
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        <name>iShares Core MSCI EAFE ETF</name>
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        <name>Neurocrine Biosciences Inc</name>
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        <name>HSBC HOLDINGS PLC</name>
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        <name>NGC Ltd</name>
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        <name>PGIM Global Real Estate Fund</name>
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        <name>Sony Group Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DP WORLD LTD UAE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FOUNDRY JV HOLDCO LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Invesco Ltd</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>EXPORT-IMPORT BK INDIA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Societe Generale SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GENERAL MOTORS FINL CO</name>
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        <name>Fannie Mae</name>
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        <name>Balboa Bay Loan Funding Ltd</name>
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        <name>Symphony CLO Ltd</name>
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        <name>BUONI POLIENNALI DEL TES</name>
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        <title>Italy Buoni Poliennali Del Tesoro</title>
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        <name>HELLENIC REPUBLIC</name>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <name>US TREASURY N/B</name>
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        <name>BARCLAYS PLC</name>
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        <name>Government National Mortgage A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PENNYMAC FIN SVCS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK GOSPODARSTWA KRAJOW</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OFFICE CHERIFIEN DES PHO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ONTARIO (PROVINCE OF)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CRESCENT ENERGY FINANCE</name>
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        <name>ZEBRA TECHNOLOGIES CORP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>COMISION FED DE ELECTRIC</name>
        <lei>4469000001BFPONMPF32</lei>
        <title>Comision Federal de Electricidad</title>
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          <isin value="XS0277615851"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>REPUBLIC OF SOUTH AFRICA</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DIG INTL FIN/DIFL US LLC</name>
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        <name>Citibank, National Association</name>
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        <title>TWD/USD FORWARD</title>
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        <invCountry>BG</invCountry>
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        <name>ALEXANDRIA REAL ESTATE E</name>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Gold Pool</title>
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        <invCountry>US</invCountry>
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        <name>COMCAST CORP</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>Comcast Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REPUBLIC OF INDONESIA</name>
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        <title>INDONESIA GOVERNMENT INTERNATIONAL BOND</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AstraZeneca PLC</name>
        <lei>PY6ZZQWO2IZFZC3IOL08</lei>
        <title>AstraZeneca PLC</title>
        <cusip>046353108</cusip>
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          <isin value="US0463531089"/>
          <ticker value="AZN"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Franklin Resources Inc</name>
        <lei>RIFQSET379FOGTEFKS80</lei>
        <title>Franklin Resources Inc</title>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>PENNYMAC FIN SVCS INC</name>
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        <name>Bayerische Motoren Werke AG</name>
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        <name>WINDSOR HOLDINGS III LLC</name>
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        <name>Bayerische Motoren Werke AG</name>
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        <name>ROMANIA</name>
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        <title>Romanian Government International Bond</title>
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        <name>CRESCENT ENERGY FINANCE</name>
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        <name>Marks &amp; Spencer Group PLC</name>
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        <name>Automatic Data Processing Inc</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>Tenet Healthcare Corp</name>
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        <name>O'Reilly Automotive Inc</name>
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        <name>STANDARD CHARTERED PLC</name>
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        <name>Sysco Corp</name>
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        <name>BANCA MONTE DEI PASCHI S</name>
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        <name>Aqua Finance Trust</name>
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        <name>Truist Financial Corp</name>
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        <name>Government National Mortgage A</name>
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        <name>MDGH GMTN RSC LTD</name>
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        <name>BUONI POLIENNALI DEL TES</name>
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        <name>Government National Mortgage A</name>
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        <name>Fannie Mae</name>
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        <name>Micron Technology Inc</name>
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        <name>Air Products and Chemicals Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>BULGARIA</name>
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        <name>Johnson Controls International</name>
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        <name>HSBC SECURITIES (USA) INC.</name>
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        <name>OKLAHOMA ST DEV FIN AUTH</name>
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        <name>Freddie Mac</name>
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        <name>Henkel AG &amp; Co KGaA</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>Fannie Mae</name>
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        <name>WH Group Ltd</name>
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        <name>FORD MOTOR COMPANY</name>
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        <name>Fannie Mae</name>
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        <name>H &amp; M Hennes &amp; Mauritz AB</name>
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        <name>Sage Group PLC/The</name>
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        <name>Dimensional International Core Equity Market ETF</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>Fannie Mae</name>
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        <name>Government National Mortgage A</name>
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        <name>Costco Wholesale Corp</name>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <name>JX Advanced Metals Corp</name>
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        <name>Marubeni Corp</name>
        <lei>4P4N3ORD02UGQT1T1W12</lei>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>CRH SMW FINANCE DAC</name>
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        <name>Shell PLC</name>
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        <name>Alibaba Group Holding Ltd</name>
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        <name>Ares Euro CLO</name>
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        <name>BUONI POLIENNALI DEL TES</name>
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        <name>Adobe Inc</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>Fanniemae Strip</name>
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        <name>Hermes International SCA</name>
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        <name>MORGAN STANLEY BANK NA</name>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Elia Group SA/NV</name>
        <lei>549300S1MP1NFDIKT460</lei>
        <title>Elia Group SA/NV</title>
        <cusip>000000000</cusip>
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          <isin value="BE0003822393"/>
          <ticker value="ELI"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>Standard Chartered PLC</title>
        <cusip>85325C2A9</cusip>
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          <isin value="US85325C2A93"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1120053.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Centrica PLC</name>
        <lei>E26EDV109X6EEPBKVH76</lei>
        <title>Centrica PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B033F229"/>
          <ticker value="CNA"/>
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        <balance>1012900.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS SECURITIES CORP.</name>
        <lei>RCNB6OTYUAMMP879YW96</lei>
        <title>USD/CAD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512160270601"/>
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        <balance>1.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNP PARIBAS SECURITIES CORP.</name>
        <lei>RCNB6OTYUAMMP879YW96</lei>
        <title>USD/JPY FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2510140699649"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BNP PARIBAS SECURITIES CORP.</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>Houlihan Lokey Inc</name>
        <lei>549300S3CNGTQ1QZVY46</lei>
        <title>Houlihan Lokey Inc</title>
        <cusip>441593100</cusip>
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          <isin value="US4415931009"/>
          <ticker value="HLI"/>
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        <balance>12833.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>BRISTOL-MYERS SQUIBB CO</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>Bristol-Myers Squibb Co</title>
        <cusip>110122DS4</cusip>
        <identifiers>
          <isin value="US110122DS47"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88854.72000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BROADCOM INC</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom Inc</title>
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          <isin value="US11135FCR01"/>
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        <balance>1060000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>933992.97000000</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>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.60000000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2021-FCMT</title>
        <cusip>95003EAA4</cusip>
        <identifiers>
          <isin value="US95003EAA47"/>
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        <balance>388000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>387731.28000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.06548000</annualizedRt>
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      <invstOrSec>
        <name>HILCORP ENERGY I/HILCORP</name>
        <lei>N/A</lei>
        <title>Hilcorp Energy I LP / Hilcorp Finance Co</title>
        <cusip>431318AU8</cusip>
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          <isin value="US431318AU81"/>
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        <balance>1400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1381564.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>CHILE ELECTRICITY LUX</name>
        <lei>N/A</lei>
        <title>Chile Electricity Lux MPC Sarl</title>
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          <isin value="USL15669AA91"/>
          <other otherDesc="SEDOL" value="BQ1P3M8"/>
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        <balance>895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>937789.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.01000000</annualizedRt>
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      <invstOrSec>
        <name>Next PLC</name>
        <lei>213800WQD8ECPZP9PH98</lei>
        <title>Next PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0032089863"/>
          <ticker value="NXT"/>
          <other otherDesc="SEDOL" value="3208986"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JBS USA HOLD/FOOD GRP/CO</name>
        <lei>N/A</lei>
        <title>JBS USA Holding Lux Sarl / JBS USA Foods Group Holdings Inc / JBS USA Food Co</title>
        <cusip>472140AE2</cusip>
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          <isin value="US472140AE22"/>
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        <balance>1140000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1156905.60000000</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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        <name>OneMain Financial Issuance Tru</name>
        <lei>N/A</lei>
        <title>OneMain Financial Issuance Trust 2020-2</title>
        <cusip>682696AA7</cusip>
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          <isin value="US682696AA77"/>
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        <balance>230276.62000000</balance>
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        <curCd>USD</curCd>
        <valUSD>226671.46000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <name>BONOS Y OBLIG DEL ESTADO</name>
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        <title>Spain Government Bond</title>
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          <isin value="ES0000012G42"/>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>USD/CLP FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512050571007"/>
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      <invstOrSec>
        <name>Partners Group Holding AG</name>
        <lei>549300I3IVVWZWDHI788</lei>
        <title>Partners Group Holding AG</title>
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          <isin value="CH0024608827"/>
          <ticker value="PGHN"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Industrivarden AB</name>
        <lei>549300TM1DLIQI3B3T37</lei>
        <title>Industrivarden AB</title>
        <cusip>000000000</cusip>
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          <ticker value="INDUA"/>
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        <name>DISH NETWORK CORP</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>ROGERS COMMUNICATIONS IN</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
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      <invstOrSec>
        <name>TEXAS ELECTRIC MKT STABL</name>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
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        <name>Freddie Mac</name>
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        <name>Nordea Bank Abp</name>
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        <name>RAKUTEN GROUP INC</name>
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        <name>AKER BP ASA</name>
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        <name>STRIPS</name>
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        <name>DEUTSCHE BANK NY</name>
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        <name>Henkel AG &amp; Co KGaA</name>
        <lei>549300VZCL1HTH4O4Y49</lei>
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        <name>Fujikura Ltd</name>
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        <name>Trimaran CAVU 2019-1 Ltd</name>
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        <name>CALPINE CORP</name>
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      <invstOrSec>
        <name>Fannie Mae</name>
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      <invstOrSec>
        <name>DIAMOND FRGN/DIAMOND FIN</name>
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        <name>HEALTHPEAK OP LLC</name>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>NVIDIA Corp</name>
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        <name>AKER BP ASA</name>
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        <invCountry>ES</invCountry>
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        <name>Coca-Cola Co/The</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Suzuki Motor Corp</name>
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        <name>VENTURE GLOBAL CALCASIEU</name>
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        <name>Apple Inc</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>St Pauls CLO</name>
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      <invstOrSec>
        <name>GLOBAL PAYMENTS INC</name>
        <lei>549300NOMHGVQBX6S778</lei>
        <title>Global Payments Inc</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AKER BP ASA</name>
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        <curCd>USD</curCd>
        <valUSD>146967.47000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freeport-McMoRan Inc</name>
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          <isin value="US35671D8570"/>
          <ticker value="FCX"/>
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        <curCd>USD</curCd>
        <valUSD>9192990.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>KKR Financial CLO Ltd</name>
        <lei>N/A</lei>
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          <isin value="US48254UAE55"/>
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        <balance>1020000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1020679.83000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-20</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>HILCORP ENERGY I/HILCORP</name>
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          <isin value="US431318AV64"/>
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        <balance>1275000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1209891.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>HONEYWELL INTERNATIONAL</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>Honeywell International Inc</title>
        <cusip>438516CG9</cusip>
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          <isin value="XS2551903425"/>
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        <balance>265000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-02</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
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        <balance>160000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.74186727"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ConocoPhillips</name>
        <lei>WPTL2Z3FIYTHSP5V2253</lei>
        <title>ConocoPhillips</title>
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          <isin value="US20825C1045"/>
          <ticker value="COP"/>
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        <curCd>USD</curCd>
        <valUSD>25248301.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>US BANCORP</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US Bancorp</title>
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        <balance>40000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>42235.42000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.67800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>SWOP IRS USD</title>
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          <other otherDesc="INTERNAL" value="SWB8AEQ6E79"/>
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        <balance>75170000.00000000</balance>
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        <descOthUnits>OTHER</descOthUnits>
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        <valUSD>37.19000000</valUSD>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <writtenOrPur>Purchased</writtenOrPur>
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        <name>Eurofins Scientific SE</name>
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        <title>Eurofins Scientific SE</title>
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        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CALPINE CORP</name>
        <lei>43R4VPJBXTU2O15HEF41</lei>
        <title>Calpine Corp</title>
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        <invCountry>US</invCountry>
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        <name>STRIPS</name>
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        <title>United States Treasury Strip Coupon</title>
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        <invCountry>US</invCountry>
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        <debtSec>
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      <invstOrSec>
        <name>SAGESS</name>
        <lei>96950015LNMQ336X4W81</lei>
        <title>Gestion Securite de Stocks Securite SA</title>
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          <isin value="FR001400IWZ3"/>
          <other otherDesc="SEDOL" value="BLBM7Z5"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMERICAN MEDICAL SYST EU</name>
        <lei>549300AA2JE6ZQ5D2493</lei>
        <title>American Medical Systems Europe BV</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-08</maturityDt>
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      <invstOrSec>
        <name>SOUTHERN POWER CO</name>
        <lei>5LADC78JBG2BMZD5XF57</lei>
        <title>Southern Power Co</title>
        <cusip>843646AX8</cusip>
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        <balance>101000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100838.62000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
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      <invstOrSec>
        <name>ROPER TECHNOLOGIES INC</name>
        <lei>54930003T4SXCIWVXY35</lei>
        <title>Roper Technologies Inc</title>
        <cusip>776696AL0</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTHERN POWER CO</name>
        <lei>5LADC78JBG2BMZD5XF57</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Regions Financial Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MongoDB Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Edenred SE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KONTOOR BRANDS INC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHILE ELECTRICITY LUX</name>
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        <title>Chile Electricity Lux Mpc II Sarl</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JBS USA SARL/FOOD/GRP</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Yangzijiang Shipbuilding Holdi</name>
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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>BNP PARIBAS</name>
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        <name>Freddie Mac</name>
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      <invstOrSec>
        <name>Bank Hapoalim BM</name>
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        <name>Fannie Mae</name>
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        <name>BENCHMARK Mortgage Trust</name>
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        <name>Endesa SA</name>
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        <name>Invesco CLO LTD</name>
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        <name>Isuzu Motors Ltd</name>
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        <name>Towd Point Mortgage Trust</name>
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      <invstOrSec>
        <name>Kone Oyj</name>
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        <pctVal>0.003815366894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DELTA AIR LINES/SKYMILES</name>
        <lei>N/A</lei>
        <title>Delta Air Lines Inc / SkyMiles IP Ltd</title>
        <cusip>830867AB3</cusip>
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          <isin value="US830867AB33"/>
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        <curCd>USD</curCd>
        <valUSD>492022.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</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>
      <invstOrSec>
        <name>Autodesk Inc</name>
        <lei>FRKKVKAIQEF3FCSTPG55</lei>
        <title>Autodesk Inc</title>
        <cusip>052769106</cusip>
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          <isin value="US0527691069"/>
          <ticker value="ADSK"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15333318.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3183159733"/>
          <other otherDesc="SEDOL" value="BMW2PR9"/>
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        <balance>510000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>575377.92000000</valUSD>
        <pctVal>0.002479036070</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-19</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>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3178859388"/>
          <other otherDesc="SEDOL" value="BMW62K3"/>
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        <balance>1920000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>2236076.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-09-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BUNDESREPUB. DEUTSCHLAND</name>
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        <title>Bundesrepublik Deutschland Bundesanleihe</title>
        <cusip>000000000</cusip>
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          <isin value="DE000BU2Z056"/>
          <other otherDesc="SEDOL" value="BVMQF74"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.60000000</annualizedRt>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
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        <descOthUnits>OTHER</descOthUnits>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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            <putOrCall>Put</putOrCall>
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                      <issuerName>IHS MARKIT LTD</issuerName>
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      <invstOrSec>
        <name>TENNECO INC</name>
        <lei>549300U0EXXFAQFAD785</lei>
        <title>Tenneco Inc</title>
        <cusip>880349AU9</cusip>
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        <balance>9590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9631790.93000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CIM Trust</name>
        <lei>N/A</lei>
        <title>CIM Trust 2024-R1</title>
        <cusip>17179VAA8</cusip>
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          <isin value="US17179VAA89"/>
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        <balance>388182.98000000</balance>
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        <curCd>USD</curCd>
        <valUSD>386233.64000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-06-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ARAB REPUBLIC OF EGYPT</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2391395154"/>
          <other otherDesc="SEDOL" value="BMGCCL8"/>
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        <balance>540000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>554677.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jamestown CLO Ltd</name>
        <lei>N/A</lei>
        <title>Jamestown CLO XIV Ltd</title>
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          <isin value="US47048XBC56"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4997148.00000000</valUSD>
        <pctVal>0.021530388485</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.92444000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QUIKRETE HOLDINGS INC</name>
        <lei>5493007KIN86DIZWZT22</lei>
        <title>Quikrete Holdings Inc</title>
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          <isin value="US74843PAB67"/>
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        <balance>330000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>344579.40000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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      <invstOrSec>
        <name>NEW S WALES TREASURY CRP</name>
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        <title>New South Wales Treasury Corp</title>
        <cusip>000000000</cusip>
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          <isin value="AU3SG0002702"/>
          <other otherDesc="SEDOL" value="BN960J8"/>
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        <balance>3510000.00000000</balance>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp</title>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CALPINE CORP</name>
        <lei>43R4VPJBXTU2O15HEF41</lei>
        <title>Calpine Corp</title>
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        <balance>1035000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>On Holding AG</name>
        <lei>506700FB3467B9W95526</lei>
        <title>On Holding AG</title>
        <cusip>000000000</cusip>
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          <isin value="CH1134540470"/>
          <ticker value="ONON"/>
          <other otherDesc="SEDOL" value="BPF0FP9"/>
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        <balance>123673.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>CME Group Inc</name>
        <lei>LCZ7XYGSLJUHFXXNXD88</lei>
        <title>CME Group Inc</title>
        <cusip>12572Q105</cusip>
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          <ticker value="CME"/>
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        <balance>12964.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Infineon Technologies AG</name>
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        <title>Infineon Technologies AG</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Embraer SA</name>
        <lei>549300EM51WYXFHUY333</lei>
        <title>Embraer SA</title>
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        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LVMH Moet Hennessy Louis Vuitt</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Magnum Ice Cream Co NV/The</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Rolls-Royce Holdings PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NRG ENERGY INC</name>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
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      <invstOrSec>
        <name>Tesco PLC</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>QUALCOMM Inc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
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          <isin value="US912834NV63"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CREDIT AGRICOLE SA</name>
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        <title>Credit Agricole SA</title>
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        <name>Securitas AB</name>
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        <name>Nippon Steel Corp</name>
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        <title>Nippon Steel Corp</title>
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        <invCountry>JP</invCountry>
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        <name>PETROLEOS MEXICANOS</name>
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        <title>Petroleos Mexicanos</title>
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        <invCountry>MX</invCountry>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>630.12000000</unrealizedAppr>
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      </invstOrSec>
      <invstOrSec>
        <name>SERVICE CORP INTL</name>
        <lei>549300RKVM2ME20JHZ15</lei>
        <title>Service Corp International/US</title>
        <cusip>817565CH5</cusip>
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          <isin value="US817565CH52"/>
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        <balance>590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>601600.14000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ITALY GOV'T INT BOND</name>
        <lei>815600DE60799F5A9309</lei>
        <title>Republic of Italy Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003685093"/>
          <other otherDesc="SEDOL" value="B01QMF5"/>
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        <balance>1618000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <pctVal>0.009099024362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2104886341"/>
          <other otherDesc="SEDOL" value="BKV0VH2"/>
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        <balance>2600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>2769828.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.12500000</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>NATIONAL GRID PLC</name>
        <lei>8R95QZMKZLJX5Q2XR704</lei>
        <title>National Grid PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2575973776"/>
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        <balance>740000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>893293.73000000</valUSD>
        <pctVal>0.003848787556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>Incyte Corp</name>
        <lei>549300Z4WN6JVZ3T4680</lei>
        <title>Incyte Corp</title>
        <cusip>45337C102</cusip>
        <identifiers>
          <isin value="US45337C1027"/>
          <ticker value="INCY"/>
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        <balance>50600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4997762.00000000</valUSD>
        <pctVal>0.021533033925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PACIFIC GAS &amp; ELECTRIC</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>Pacific Gas and Electric Co</title>
        <cusip>694308KG1</cusip>
        <identifiers>
          <isin value="US694308KG17"/>
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        <balance>235000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>246182.64000000</valUSD>
        <pctVal>0.001060686591</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.90000000</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>Thermo Fisher Scientific Inc</name>
        <lei>HCHV7422L5HDJZCRFL38</lei>
        <title>Thermo Fisher Scientific Inc</title>
        <cusip>883556102</cusip>
        <identifiers>
          <isin value="US8835561023"/>
          <ticker value="TMO"/>
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        <balance>33007.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>19125906.15000000</valUSD>
        <pctVal>0.082404641515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UPG HI Issuer Trust</name>
        <lei>N/A</lei>
        <title>UPG HI 2025-2 Issuer Trust</title>
        <cusip>90321EAA0</cusip>
        <identifiers>
          <isin value="US90321EAA01"/>
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        <balance>295000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>294873.65000000</valUSD>
        <pctVal>0.001270473525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-09-25</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>Kingfisher PLC</name>
        <lei>213800KBMEV7I92FY281</lei>
        <title>Kingfisher PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0033195214"/>
          <ticker value="KGF"/>
          <other otherDesc="SEDOL" value="3319521"/>
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        <balance>1198310.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186727"/>
        <valUSD>5044348.43000000</valUSD>
        <pctVal>0.021733753203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36193VFY3</cusip>
        <identifiers>
          <isin value="US36193VFY39"/>
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        <balance>1338.55000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1225.44000000</valUSD>
        <pctVal>0.000005279851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>USD CALL VERSUS TRY PUT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="FXB8AEXGVX3"/>
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        <balance>-3563000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-18811.39000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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                    <name>J.P. MORGAN SECURITIES LLC</name>
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                      <other otherDesc="INTERNAL" value="PI61910_FXB8AEXGVX3_187_S"/>
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                  <amtCurSold>N/A</amtCurSold>
                  <curSold>USD</curSold>
                  <amtCurPur>N/A</amtCurPur>
                  <curPur>TRY</curPur>
                  <settlementDt>2026-01-23</settlementDt>
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            <exercisePrice>44.50000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>6361.21000000</unrealizedAppr>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Viking Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Viking Holdings Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="BMG93A5A1010"/>
          <ticker value="VIK"/>
          <other otherDesc="SEDOL" value="BRDXKH1"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Anchorage Capital CLO LTD</name>
        <lei>549300X5ZN5RMBYQ2W98</lei>
        <title>Anchorage Capital Clo 24 Ltd</title>
        <cusip>03331GAQ1</cusip>
        <identifiers>
          <isin value="US03331GAQ10"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Ashtead Group PLC</name>
        <lei>2138007UTBN8X9K1A235</lei>
        <title>Ashtead Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0000536739"/>
          <ticker value="AHT"/>
          <other otherDesc="SEDOL" value="0053673"/>
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        <balance>28659.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Terna - Rete Elettrica Naziona</name>
        <lei>8156009E94ED54DE7C31</lei>
        <title>Terna - Rete Elettrica Nazionale</title>
        <cusip>000000000</cusip>
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          <isin value="IT0003242622"/>
          <ticker value="TRN"/>
          <other otherDesc="SEDOL" value="B01BN57"/>
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        <balance>370483.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cigna Group/The</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>Cigna Group/The</title>
        <cusip>125523100</cusip>
        <identifiers>
          <isin value="US1255231003"/>
          <ticker value="CI"/>
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        <balance>38052.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10473051.96000000</valUSD>
        <pctVal>0.045123513917</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2020-INV1</title>
        <cusip>46591VAC3</cusip>
        <identifiers>
          <isin value="US46591VAC37"/>
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        <balance>176076.12000000</balance>
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        <curCd>USD</curCd>
        <valUSD>158959.04000000</valUSD>
        <pctVal>0.000684880632</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Capgemini SE</name>
        <lei>96950077L0TN7BAROX36</lei>
        <title>Capgemini SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000125338"/>
          <ticker value="CAP"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>VOYAGER PARENT LLC</name>
        <lei>2549002DYVI4ACSV4V71</lei>
        <title>Voyager Parent LLC</title>
        <cusip>92921EAA0</cusip>
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          <isin value="US92921EAA01"/>
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        <balance>2600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2757750.53000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK GOSPODARSTWA KRAJOW</name>
        <lei>259400BCOV9JJIGLYF05</lei>
        <title>Bank Gospodarstwa Krajowego</title>
        <cusip>000000000</cusip>
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          <isin value="XS2530208490"/>
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        <balance>300000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-08</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36202FQ74</cusip>
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          <isin value="US36202FQ740"/>
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        <balance>328391.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>330679.57000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES LLC</name>
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          <other otherDesc="INTERNAL" value="FXB8ADEMDD7"/>
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        <balance>25696000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>0.01000000</valUSD>
        <pctVal>0.000000000043</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>J.P. MORGAN SECURITIES LLC</counterpartyName>
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            <putOrCall>Put</putOrCall>
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              <nestedDerivInfo>
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                  <derivAddlInfo>
                    <name>J.P. MORGAN SECURITIES LLC</name>
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                      <other otherDesc="INTERNAL" value="PI61890_FXB8ADEMDD7_187_S"/>
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                    <balance>0.00000000</balance>
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                    <currencyConditional curCd="INR" exchangeRt="0.00000000"/>
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                    <invCountry>US</invCountry>
                    <invOthCountry>US</invOthCountry>
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                  <curSold>INR</curSold>
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                  <curPur>USD</curPur>
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              </nestedDerivInfo>
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            <principalAmt>25696000.00000000</principalAmt>
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            <exercisePrice>75.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-01-08</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-247.00000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rio Tinto PLC</name>
        <lei>213800YOEO5OQ72G2R82</lei>
        <title>Rio Tinto PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0007188757"/>
          <ticker value="RIO"/>
          <other otherDesc="SEDOL" value="0718875"/>
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        <balance>117567.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YEH4</cusip>
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          <isin value="US61747YEH45"/>
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        <balance>270000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2032-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.51100000</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>Deutsche Telekom AG</name>
        <lei>549300V9QSIG4WX4GJ96</lei>
        <title>Deutsche Telekom AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0005557508"/>
          <ticker value="DTE"/>
          <other otherDesc="SEDOL" value="5842359"/>
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        <balance>613558.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Daiwa House Industry Co Ltd</name>
        <lei>353800K9WXR9XRZJZI46</lei>
        <title>Daiwa House Industry Co Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3505000004"/>
          <ticker value="1925"/>
          <other otherDesc="SEDOL" value="6251363"/>
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        <balance>95000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>3155787.95000000</valUSD>
        <pctVal>0.013596823736</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36202FLN4</cusip>
        <identifiers>
          <isin value="US36202FLN41"/>
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        <balance>11849.74000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11528.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>000000000</cusip>
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          <isin value="XS2250008245"/>
          <other otherDesc="SEDOL" value="BMXWCK0"/>
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        <balance>590000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.49500000</annualizedRt>
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      <invstOrSec>
        <name>BRAZOS SECURITIZATN LLC</name>
        <lei>N/A</lei>
        <title>Brazos Securitization LLC</title>
        <cusip>106230AA3</cusip>
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          <isin value="US106230AA39"/>
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        <balance>214561.25000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217162.22000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.01400000</annualizedRt>
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      <invstOrSec>
        <name>SFIL SA</name>
        <lei>549300HFEHJOXGE4ZE63</lei>
        <title>SFIL SA</title>
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          <isin value="FR001400N9E1"/>
          <other otherDesc="SEDOL" value="BRBCRN5"/>
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        <balance>2300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AMERICAN AIRLINES/AADVAN</name>
        <lei>N/A</lei>
        <title>American Airlines Inc/AAdvantage Loyalty IP Ltd</title>
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          <isin value="US00253XAB73"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>N/A</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-20</maturityDt>
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      <invstOrSec>
        <name>Fast Retailing Co Ltd</name>
        <lei>353800ZCXKHDPY0N5218</lei>
        <title>Fast Retailing Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3802300008"/>
          <ticker value="9983"/>
          <other otherDesc="SEDOL" value="6332439"/>
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        <balance>7800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>EUR CALL VERSUS CZK PUT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="FXB8AEWWNH3"/>
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        <balance>3051000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                    <invOthCountry>US</invOthCountry>
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                  <amtCurSold>N/A</amtCurSold>
                  <curSold>EUR</curSold>
                  <amtCurPur>N/A</amtCurPur>
                  <curPur>CZK</curPur>
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            <principalAmt>3051000.00000000</principalAmt>
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            <exercisePrice>26.00000000</exercisePrice>
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            <expDt>2026-01-20</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>1.16000000</unrealizedAppr>
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      </invstOrSec>
      <invstOrSec>
        <name>Altria Group Inc</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
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          <isin value="US02209S1033"/>
          <ticker value="MO"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OMAN GOV INTERNTL BOND</name>
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        <curCd>USD</curCd>
        <valUSD>935667.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Edison International</name>
        <lei>549300I7ROF15MAEVP56</lei>
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          <isin value="US2810201077"/>
          <ticker value="EIX"/>
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        <curCd>USD</curCd>
        <valUSD>2250750.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Janus Henderson Group PLC</name>
        <lei>2138009WPYMWJN3RVF44</lei>
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        <balance>226600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10779362.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ELECTRICITE DE FRANCE SA</name>
        <lei>549300X3UK4GG3FNMO06</lei>
        <title>Electricite de France SA</title>
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          <isin value="FR0014003S56"/>
          <other otherDesc="SEDOL" value="BN0ZMJ8"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NU Holdings Ltd/Cayman Islands</name>
        <lei>5493002DG1RHWK9W2X27</lei>
        <title>NU Holdings Ltd/Cayman Islands</title>
        <cusip>000000000</cusip>
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          <isin value="KYG6683N1034"/>
          <ticker value="NU"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>BR</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Centene Corp</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp</title>
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          <isin value="US15135B1017"/>
          <ticker value="CNC"/>
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        <balance>255700.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10522055.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Chugai Pharmaceutical Co Ltd</name>
        <lei>529900T9LAII161DCN95</lei>
        <title>Chugai Pharmaceutical Co Ltd</title>
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          <isin value="JP3519400000"/>
          <ticker value="4519"/>
          <other otherDesc="SEDOL" value="6196408"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0014009HA0"/>
          <other otherDesc="SEDOL" value="BN0XXF5"/>
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        <balance>800000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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      <invstOrSec>
        <name>TENN VALLEY AUTHORITY</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>Tennessee Valley Authority</title>
        <cusip>880591409</cusip>
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          <isin value="US8805914095"/>
          <ticker value="TVA"/>
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        <balance>1587.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38722.80000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>NZD/USD FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512160279183"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>5376.57000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>E-MINI RUSS 2000</title>
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          <ticker value="RTYH6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01R98PWS4"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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                <issuerName>FINANCIAL TIMES STOCK EXCHANGE</issuerName>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>3140QQEM3</cusip>
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          <isin value="US3140QQEM39"/>
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        <balance>583748.15000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ADAPTHEALTH LLC</name>
        <lei>N/A</lei>
        <title>AdaptHealth LLC</title>
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          <isin value="US00653VAA98"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
        <cusip>225401BM9</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Capital One Financial Corp</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp</title>
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          <isin value="US14040H1059"/>
          <ticker value="COF"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>VENTURE GLOBAL LNG INC</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>Venture Global LNG Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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        <name>ALTICE FINANCING SA</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
        <title>Altice Financing SA</title>
        <cusip>02154CAH6</cusip>
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          <isin value="US02154CAH60"/>
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        <curCd>USD</curCd>
        <valUSD>2067862.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

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        <name>RHP HOTEL PPTY/RHP FINAN</name>
        <lei>N/A</lei>
        <title>RHP Hotel Properties LP / RHP Finance Corp</title>
        <cusip>749571AK1</cusip>
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        <curCd>USD</curCd>
        <valUSD>1628827.55000000</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>2032-04-01</maturityDt>
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          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Daifuku Co Ltd</name>
        <lei>3538006FG1W4X3MYHL36</lei>
        <title>Daifuku Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3497400006"/>
          <ticker value="6383"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy Inc</title>
        <cusip>629377CQ3</cusip>
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          <isin value="US629377CQ33"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>219849.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>Credit Agricole SA</title>
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          <isin value="US22535WAL19"/>
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        <balance>740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>745439.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.63100000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ICE FUTURES U.S., INC.</name>
        <lei>5493004R83R1LVX2IL36</lei>
        <title>MSCI EAFE</title>
        <cusip>000000000</cusip>
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          <ticker value="MFSH6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01FZG1KL2"/>
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        <balance>1176.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1035395.62000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>ICE FUTURES U.S., INC.</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>MSCI</issuerName>
                <issueTitle>MSCI EAFE INDEX</issueTitle>
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                  <cusip value="000000000"/>
                  <ticker value="MXEA"/>
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            <expDate>2026-03-20</expDate>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CASSA DEPOSITI E PRESTIT</name>
        <lei>81560029E2CE4D14F425</lei>
        <title>Cassa Depositi e Prestiti SpA</title>
        <cusip>147918AF3</cusip>
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          <isin value="US147918AF37"/>
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        <balance>2800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2796270.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ONTARIO ELECTRICITY FIN</name>
        <lei>549300SI5D7OIEG4Y641</lei>
        <title>Ontario Electricity Financial Corp</title>
        <cusip>683078FP9</cusip>
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          <isin value="CA683078FP99"/>
          <other otherDesc="SEDOL" value="4653132"/>
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        <balance>4000000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.37255000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-11</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36202FQ66</cusip>
        <identifiers>
          <isin value="US36202FQ666"/>
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        <balance>54166.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>52685.87000000</valUSD>
        <pctVal>0.000226998929</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-20</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Svenska Handelsbanken AB</name>
        <lei>NHBDILHZTYCNBV5UYZ31</lei>
        <title>Svenska Handelsbanken AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0007100599"/>
          <ticker value="SHBA"/>
          <other otherDesc="SEDOL" value="BXDZ9Q1"/>
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        <balance>81190.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Qantas Airways Ltd</name>
        <lei>YLXNW6TI6QSK1H8H0N82</lei>
        <title>Qantas Airways Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000QAN2"/>
          <ticker value="QAN"/>
          <other otherDesc="SEDOL" value="6710347"/>
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        <balance>1008397.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846407"/>
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        <pctVal>0.030016268724</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KKR Financial CLO Ltd</name>
        <lei>254900EAKW6RIW3QK367</lei>
        <title>KKR CLO 54 LTD</title>
        <cusip>48256VAA9</cusip>
        <identifiers>
          <isin value="US48256VAA98"/>
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        <balance>18500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18566803.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.22454000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31408BQC5</cusip>
        <identifiers>
          <isin value="US31408BQC53"/>
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        <balance>214.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>220.53000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American Express Co</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co</title>
        <cusip>025816109</cusip>
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          <isin value="US0258161092"/>
          <ticker value="AXP"/>
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        <balance>87133.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36179QYU9</cusip>
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          <isin value="US36179QYU92"/>
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        <balance>591.41000000</balance>
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        <curCd>USD</curCd>
        <valUSD>589.48000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Travelers Cos Inc/The</name>
        <lei>549300Y650407RU8B149</lei>
        <title>Travelers Cos Inc/The</title>
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          <ticker value="TRV"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>S&amp;P500 EMINI</title>
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          <ticker value="ESH6"/>
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        <balance>1558.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1071861.08000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>PACIFIC GAS &amp; ELECTRIC</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>Pacific Gas and Electric Co</title>
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        <balance>180000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Admiral Group PLC</name>
        <lei>213800FGVM7Z9EJB2685</lei>
        <title>Admiral Group PLC</title>
        <cusip>000000000</cusip>
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          <ticker value="ADM"/>
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        <balance>39783.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ITC HOLDINGS CORP</name>
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        <title>ITC Holdings Corp</title>
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        <balance>340000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-07-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Schroders PLC</name>
        <lei>2138001YYBULX5SZ2H24</lei>
        <title>Schroders PLC</title>
        <cusip>000000000</cusip>
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          <ticker value="SDR"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy Inc</title>
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          <isin value="US629377CR16"/>
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        <balance>1378000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1287371.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HECLA MINING CO</name>
        <lei>5493009Y6HOBZD1QD537</lei>
        <title>Hecla Mining Co</title>
        <cusip>422704AH9</cusip>
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          <isin value="US422704AH97"/>
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        <balance>797000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>802056.57000000</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>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICAN AIRLINES/AADVAN</name>
        <lei>N/A</lei>
        <title>American Airlines Inc/AAdvantage Loyalty IP Ltd</title>
        <cusip>00253XAA9</cusip>
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          <isin value="US00253XAA90"/>
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        <curCd>USD</curCd>
        <valUSD>13366.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GRAY MEDIA INC</name>
        <lei>529900TM5726KDN7UU35</lei>
        <title>Gray Media Inc</title>
        <cusip>389286AA3</cusip>
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          <isin value="US389286AA34"/>
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        <balance>3262000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2446630.52000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zoom Communications Inc</name>
        <lei>549300T9GCHU0ODOM055</lei>
        <title>Zoom Communications Inc</title>
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          <isin value="US98980L1017"/>
          <ticker value="ZM"/>
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        <balance>16000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AP Moller - Maersk A/S</name>
        <lei>549300D2K6PKKKXVNN73</lei>
        <title>AP Moller - Maersk A/S</title>
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          <isin value="DK0010244508"/>
          <ticker value="MAERSKB"/>
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        <currencyConditional curCd="DKK" exchangeRt="6.35565000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>ILS/USD FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2510130633309"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>24977.11000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRANSCANADA TRUST</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>Transcanada Trust</title>
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          <isin value="US89356BAE83"/>
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        <balance>670000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>664372.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2079-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GENERAL MOTORS FINL CO</name>
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        <title>General Motors Financial Co Inc</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Alphabet Inc</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet Inc</title>
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          <ticker value="GOOG"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>HKT Trust &amp; HKT Ltd</name>
        <lei>N/A</lei>
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          <ticker value="6823"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MEX BONOS DESARR FIX RT</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexican Bonos</title>
        <cusip>000000000</cusip>
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          <isin value="MX0MGO0000P2"/>
          <other otherDesc="SEDOL" value="B6TC406"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
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          <isin value="US91282CPD73"/>
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        <issuerCat>UST</issuerCat>
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        <name>Repsol SA</name>
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        <title>Repsol SA</title>
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        <invCountry>ES</invCountry>
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        <name>Carrier Global Corp</name>
        <lei>549300JE3W6CWY2NAN77</lei>
        <title>Carrier Global Corp</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>HELLENIC REPUBLIC</name>
        <lei>2138003EKTMKZ5598902</lei>
        <title>Hellenic Republic Government Bond</title>
        <cusip>000000000</cusip>
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          <other otherDesc="SEDOL" value="BQXL3H9"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Gold Pool</title>
        <cusip>3128M6H50</cusip>
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        <balance>970.85000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>RB Global Inc</name>
        <lei>5493002H8U24DJXQ4886</lei>
        <title>RB Global Inc</title>
        <cusip>74935Q107</cusip>
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          <isin value="CA74935Q1072"/>
          <ticker value="RBA"/>
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        <curCd>USD</curCd>
        <valUSD>4320540.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
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          <isin value="US1248EPCB75"/>
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        <balance>245000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Antofagasta PLC</name>
        <lei>213800MY6QVH4FVLD628</lei>
        <title>Antofagasta PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0000456144"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ASML Holding NV</name>
        <lei>724500Y6DUVHQD6OXN27</lei>
        <title>ASML Holding NV</title>
        <cusip>000000000</cusip>
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          <isin value="NL0010273215"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <title>ILS/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2510100856494"/>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF KAZAKHSTAN</name>
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        <title>Kazakhstan Government International Bond</title>
        <cusip>000000000</cusip>
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          <isin value="XS1901718335"/>
          <other otherDesc="SEDOL" value="BGL80T3"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Halma PLC</name>
        <lei>2138007FRGLUR9KGBT40</lei>
        <title>Halma PLC</title>
        <cusip>000000000</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF GUATEMALA</name>
        <lei>529900QKDFFU9UWW5315</lei>
        <title>Guatemala Government Bond</title>
        <cusip>401494BA6</cusip>
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          <isin value="US401494BA67"/>
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        <balance>733000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>766909.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Trend Micro Inc/Japan</name>
        <lei>3538005O5UJ5RNAGVE16</lei>
        <title>Trend Micro Inc/Japan</title>
        <cusip>000000000</cusip>
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          <isin value="JP3637300009"/>
          <ticker value="4704"/>
          <other otherDesc="SEDOL" value="6125286"/>
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        <balance>37400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>GENERALITAT DE CATALUNYA</name>
        <lei>95980020140005848404</lei>
        <title>Autonomous Community of Catalonia</title>
        <cusip>000000000</cusip>
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          <isin value="ES0000095853"/>
          <other otherDesc="SEDOL" value="B03Z6J2"/>
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        <balance>200000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>GS Mortgage-Backed Securities</name>
        <lei>N/A</lei>
        <title>GS Mortgage-Backed Securities Trust 2021-GR2</title>
        <cusip>36262JAD7</cusip>
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          <isin value="US36262JAD72"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Clorox Co/The</name>
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        <title>Clorox Co/The</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ENEL FINANCE INTL NV</name>
        <lei>0YQH6LCEF474UTUV4B96</lei>
        <title>Enel Finance International NV</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Nokia Oyj</name>
        <lei>549300A0JPRWG1KI7U06</lei>
        <title>Nokia Oyj</title>
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        <name>NatWest Group PLC</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NatWest Group PLC</title>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>USD/CAD FORWARD</title>
        <cusip>000000000</cusip>
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        <name>Aristocrat Leisure Ltd</name>
        <lei>529900TE2HO3OZKYKC27</lei>
        <title>Aristocrat Leisure Ltd</title>
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          <ticker value="ALL"/>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BANCO SANTANDER TOTTA SA</name>
        <lei>549300URJH9VSI58CS32</lei>
        <title>Banco Santander Totta SA</title>
        <cusip>000000000</cusip>
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        <invCountry>PT</invCountry>
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        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
        <cusip>000000000</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COREBRIDGE FINANCIAL INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Subaru Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Argenx SE</name>
        <lei>7245009C5FZE6G9ODQ71</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Gold Pool</title>
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          <isin value="US312943CM35"/>
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        <balance>1036.61000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-10-01</maturityDt>
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      <invstOrSec>
        <name>Atlas Copco AB</name>
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        <title>Atlas Copco AB</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS SWITZERLAND AG</name>
        <lei>549300WOIFUSNYH0FL22</lei>
        <title>UBS Switzerland AG</title>
        <cusip>000000000</cusip>
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          <isin value="CH1348614111"/>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-06-21</maturityDt>
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        <name>HELLENIC REPUBLIC</name>
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        <title>Hellenic Republic Government International Bond</title>
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          <isin value="XS0191352847"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <title>CHF/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512110977203"/>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EAGLE FUNDING LUXCO SARL</name>
        <lei>894500VDP08MVIZ6OA60</lei>
        <title>Eagle Funding Luxco Sarl</title>
        <cusip>000000000</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>US TREASURY N/B</name>
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        <title>United States Treasury Note/Bond</title>
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          <isin value="US91282CPF22"/>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Mercedes-Benz Group AG</name>
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        <invCountry>DE</invCountry>
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        <name>STRIPS</name>
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        <title>United States Treasury Strip Coupon</title>
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          <couponKind>None</couponKind>
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        <name>GS Mortgage Securities Trust</name>
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        <name>CREDIT AGRICOLE SA</name>
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        <title>Credit Agricole SA</title>
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        <name>Orica Ltd</name>
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        <title>Orica Ltd</title>
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        <invCountry>AU</invCountry>
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        <name>MERSIN ULUSLARARASI LIMA</name>
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        <title>Mersin Uluslararasi Liman Isletmeciligi AS</title>
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        <balance>250000.00000000</balance>
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        <invCountry>TR</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>NATIONWIDE BLDG SOCIETY</name>
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        <title>Nationwide Building Society</title>
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        <invCountry>GB</invCountry>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF CHILE</name>
        <lei>549300FLZTJM5YJF8D34</lei>
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        <cusip>000000000</cusip>
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          <isin value="XS2975303483"/>
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        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Ares Euro CLO</name>
        <lei>254900REPQKNP1XRDH75</lei>
        <title>Ares European CLO XXI DAC</title>
        <cusip>000000000</cusip>
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          <isin value="XS2988590506"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>3138W4S51</cusip>
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        <balance>1875.63000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANKINTER SA</name>
        <lei>VWMYAEQSTOPNV0SUGU82</lei>
        <title>Bankinter SA</title>
        <cusip>000000000</cusip>
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          <isin value="ES0213679OS7"/>
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        <balance>900000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-02-04</maturityDt>
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      <invstOrSec>
        <name>Palmer Square European CLO</name>
        <lei>254900W87JZZIIW4U960</lei>
        <title>Palmer Square European CLO 2025-2 DAC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3086801340"/>
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        <balance>1189000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TCW Gem Ltd</name>
        <lei>N/A</lei>
        <title>TCW CLO 2020-1 Ltd</title>
        <cusip>87190CBG4</cusip>
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          <isin value="US87190CBG42"/>
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        <balance>20250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20226680.10000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.93444000</annualizedRt>
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      <invstOrSec>
        <name>Virtu Financial Inc</name>
        <lei>5493001OPW2K42CH3884</lei>
        <title>Virtu Financial Inc</title>
        <cusip>928254101</cusip>
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          <isin value="US9282541013"/>
          <ticker value="VIRT"/>
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        <balance>95800.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
        <cusip>83368RBD3</cusip>
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          <isin value="US83368RBD35"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>903016.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.88900000</annualizedRt>
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      <invstOrSec>
        <name>Atlas Copco AB</name>
        <lei>213800T8PC8Q4FYJZR07</lei>
        <title>Atlas Copco AB</title>
        <cusip>000000000</cusip>
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          <isin value="SE0017486889"/>
          <ticker value="ATCOA"/>
          <other otherDesc="SEDOL" value="BLDBN41"/>
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        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>91282CPE5</cusip>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BNP PARIBAS SECURITIES CORP.</name>
        <lei>RCNB6OTYUAMMP879YW96</lei>
        <title>GBP/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512120318536"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>AUD/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512080628908"/>
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        <name>Bandai Namco Holdings Inc</name>
        <lei>3538008EFEM34VRJDQ95</lei>
        <title>Bandai Namco Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3778630008"/>
          <ticker value="7832"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ADIF ALTA VELOCIDAD</name>
        <lei>959800D5SDA4R1CG7K10</lei>
        <title>Adif Alta Velocidad</title>
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          <other otherDesc="SEDOL" value="BM8SL17"/>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Allstate Corp/The</name>
        <lei>OBT0W1ED8G0NWVOLOJ77</lei>
        <title>Allstate Corp/The</title>
        <cusip>020002101</cusip>
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          <ticker value="ALL"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Samsung Electronics Co Ltd</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>Samsung Electronics Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="KR7005930003"/>
          <ticker value="005930"/>
          <other otherDesc="SEDOL" value="6771720"/>
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        <balance>72969.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Southern Co/The</name>
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      <invstOrSec>
        <name>DEUTSCHE BAHN AG</name>
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        <title>Deutsche Bahn AG</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Avoca CLO</name>
        <lei>N/A</lei>
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        <name>Deutsche Bank Commercial Mortg</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>HCA INC</name>
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        <name>PGIM Core Ultra Short Bond Fund</name>
        <lei>1VRLPVAWKZCB406TIT84</lei>
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          <other otherDesc="INTERNAL" value="74440E201"/>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Santander Drive Auto Receivabl</name>
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        <title>Santander Drive Auto Receivables Trust 2023-6</title>
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        <name>INTL BK RECON &amp; DEVELOP</name>
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        <title>International Bank for Reconstruction &amp; Development</title>
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        <invCountry>N/A</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Japan Tobacco Inc</name>
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        <title>Japan Tobacco Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Kennedy Lewis CLO Ltd</name>
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        <name>1011778 BC / NEW RED FIN</name>
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        <name>NEXTERA ENERGY CAPITAL</name>
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        <name>AIB GROUP PLC</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>Vanguard Intermediate-Term Corporate Bond ETF</name>
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        <title>Vanguard Intermediate-Term Corporate Bond ETF</title>
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          <ticker value="VCIT"/>
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        <name>Anglo American PLC</name>
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        <title>Anglo American PLC</title>
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        <name>GOLDMAN SACHS GROUP INC</name>
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        <title>Goldman Sachs Group Inc/The</title>
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      <invstOrSec>
        <name>ONE Park Mortgage Trust</name>
        <lei>N/A</lei>
        <title>ONE 2021-PARK Mortgage Trust</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-15</maturityDt>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
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          <isin value="US36202FUF16"/>
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        <balance>1812.32000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
        <lei>549300818AKCJ4Q9TD76</lei>
        <title>CSMC 2014-USA OA LLC</title>
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          <isin value="US12649AAC36"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-15</maturityDt>
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      <invstOrSec>
        <name>Mitsubishi Electric Corp</name>
        <lei>549300TRXM9Y6561AX39</lei>
        <title>Mitsubishi Electric Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3902400005"/>
          <ticker value="6503"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Orion Oyj</name>
        <lei>74370029VAHCXDR7B745</lei>
        <title>Orion Oyj</title>
        <cusip>000000000</cusip>
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          <isin value="FI0009014377"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FI</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ITC HOLDINGS CORP</name>
        <lei>549300HTO5U9D3SLE207</lei>
        <title>ITC Holdings Corp</title>
        <cusip>465685AQ8</cusip>
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          <isin value="US465685AQ80"/>
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        <balance>260000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-14</maturityDt>
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      <invstOrSec>
        <name>Deere &amp; Co</name>
        <lei>PWFTNG3EI0Y73OXWDH08</lei>
        <title>Deere &amp; Co</title>
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          <isin value="US2441991054"/>
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        <balance>36437.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>EUR/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <balance>1.00000000</balance>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KRUNG THAI BANK/CAYMAN</name>
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        <title>Krung Thai Bank PCL/Cayman Islands</title>
        <cusip>000000000</cusip>
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          <isin value="XS2313655677"/>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>TH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>EUROPEAN INVESTMENT BANK</name>
        <lei>5493006YXS1U5GIHE750</lei>
        <title>European Investment Bank</title>
        <cusip>29878TBE3</cusip>
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          <isin value="US29878TBE38"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-30</maturityDt>
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          <annualizedRt>4.60000000</annualizedRt>
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      <invstOrSec>
        <name>Progressive Corp/The</name>
        <lei>529900TACNVLY9DCR586</lei>
        <title>Progressive Corp/The</title>
        <cusip>743315103</cusip>
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          <isin value="US7433151039"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Benefit Street Partners CLO Lt</name>
        <lei>2549001UGYKGM9DWMY60</lei>
        <title>Benefit Street Partners CLO XVI Ltd</title>
        <cusip>08181VAY1</cusip>
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          <isin value="US08181VAY11"/>
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        <balance>5000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PACIFIC GAS &amp; ELECTRIC</name>
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        <title>Pacific Gas and Electric Co</title>
        <cusip>694308KQ9</cusip>
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        <balance>60000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IVORY COAST</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>Ivory Coast Government International Bond</title>
        <cusip>000000000</cusip>
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        <invCountry>CI</invCountry>
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        <name>Ferguson Enterprises Inc</name>
        <lei>2138003JYQMRP3SLX189</lei>
        <title>Ferguson Enterprises Inc</title>
        <cusip>31488V107</cusip>
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      <invstOrSec>
        <name>Elevation CLO Ltd</name>
        <lei>549300IH854FT1JLRT08</lei>
        <title>Elevation CLO 2016-5 Ltd</title>
        <cusip>28623AAN5</cusip>
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          <isin value="US28623AAN54"/>
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        <balance>35000000.00000000</balance>
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        <valUSD>35117145.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2038-01-25</maturityDt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31418DQ88</cusip>
        <identifiers>
          <isin value="US31418DQ882"/>
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        <balance>73091.20000000</balance>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <name>REPUBLIC OF SOUTH AFRICA</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>Republic of South Africa Government International Bond</title>
        <cusip>836205BJ2</cusip>
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        <balance>902000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>892980.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-12-11</maturityDt>
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        <name>Banca Mediolanum SpA</name>
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        <name>Linde PLC</name>
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        <name>Mitsubishi Heavy Industries Lt</name>
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        <name>GLOBAL PAYMENTS INC</name>
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        <name>Freddie Mac</name>
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        <name>Government National Mortgage A</name>
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        <name>US TREASURY N/B</name>
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        <name>London Stock Exchange Group PL</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>American International Group I</name>
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        <name>Ford Credit Auto Owner Trust/F</name>
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        <name>Microsoft Corp</name>
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        <name>FORD MOTOR CREDIT CO LLC</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CyberArk Software Ltd</name>
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        <assetCat>EC</assetCat>
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        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hasbro Inc</name>
        <lei>549300NUB6D2R1ITYR45</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
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          <isin value="US36179QR299"/>
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        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Johnson &amp; Johnson</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>AMERICAN MEDICAL SYST EU</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VICI PROPERTIES / NOTE</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
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        <name>VENTURE GLOBAL LNG INC</name>
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        <title>Venture Global LNG Inc</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>TEREGA SA</name>
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        <title>Terega SA</title>
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        <invCountry>FR</invCountry>
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        <name>Xiaomi Corp</name>
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        <title>Xiaomi Corp</title>
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        <name>Ravensdale Park CLO DAC</name>
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        <title>Ravensdale Park CLO DAC</title>
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      <invstOrSec>
        <name>Toro European CLO</name>
        <lei>635400O88YIWGH2M9N44</lei>
        <title>Toro European CLO 9 DAC</title>
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        <name>MONDELEZ INTERNATIONAL</name>
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        <title>Mondelez International Inc</title>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>Rockford Tower CLO Ltd</name>
        <lei>5493009YDNBJVFWX7747</lei>
        <title>Rockford Tower CLO 2020-1 Ltd</title>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>EAGLE FUNDING LUXCO SARL</name>
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        <title>Eagle Funding Luxco Sarl</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Electric Power Co Inc</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>1011778 BC / NEW RED FIN</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>806964.30000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PARKER-HANNIFIN CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
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      <invstOrSec>
        <name>PACIFIC GAS &amp; ELECTRIC</name>
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          <isin value="US694308KX40"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAS VEGAS SANDS CORP</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>Las Vegas Sands Corp</title>
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          <isin value="US517834AE74"/>
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        <balance>1875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1865293.19000000</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>2026-08-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United Parcel Service Inc</name>
        <lei>D01LMJZU09ULLNCY6Z23</lei>
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          <ticker value="UPS"/>
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        <curCd>USD</curCd>
        <valUSD>5624073.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Mowi ASA</name>
        <lei>549300W1OGQF5LZIH349</lei>
        <title>Mowi ASA</title>
        <cusip>000000000</cusip>
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          <isin value="NO0003054108"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>USD/HKD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2511140797594"/>
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        <balance>1.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-7024.78000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2024-V11 Mortgage Trust</title>
        <cusip>081921AZ1</cusip>
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          <isin value="US081921AZ13"/>
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        <balance>3610000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3794093.03000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.90900000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31403DBW8</cusip>
        <identifiers>
          <isin value="US31403DBW83"/>
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        <balance>1296.71000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1355.72000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp</title>
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          <isin value="US1248EPCN14"/>
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        <balance>265000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>BAUSCH HEALTH COS INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>Bausch Health Cos Inc</title>
        <cusip>071734AL1</cusip>
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          <isin value="US071734AL17"/>
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        <balance>657000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>421301.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <name>BULGARIA</name>
        <lei>529900PG0XCL4LICL838</lei>
        <title>Bulgaria Government International Bond</title>
        <cusip>000000000</cusip>
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          <isin value="XS2579483822"/>
          <other otherDesc="SEDOL" value="BL690M9"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>Dominion Energy Inc</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>Dominion Energy Inc</title>
        <cusip>25746U109</cusip>
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          <ticker value="D"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bond</title>
        <cusip>445545AP1</cusip>
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        <balance>200000.00000000</balance>
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        <valUSD>203775.00000000</valUSD>
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        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>Origin Energy Ltd</name>
        <lei>ZSN2LWNPYW6ISMRUC664</lei>
        <title>Origin Energy Ltd</title>
        <cusip>000000000</cusip>
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          <ticker value="ORG"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>POWER SECTOR ASSETS &amp; LI</name>
        <lei>N/A</lei>
        <title>Power Sector Assets &amp; Liabilities Management Corp</title>
        <cusip>637193BA0</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GLENCORE FUNDING LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BAUSCH HEALTH COS INC</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Swedbank AB</name>
        <lei>M312WZV08Y7LYUC71685</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
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          <isin value="US161175BZ64"/>
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        <balance>210000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>149288.16000000</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>2041-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AVOLON HOLDINGS FNDG LTD</name>
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        <title>Avolon Holdings Funding Ltd</title>
        <cusip>05401AAV3</cusip>
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          <isin value="US05401AAV35"/>
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        <balance>2710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2807560.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-11-15</maturityDt>
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      <invstOrSec>
        <name>MORGAN STANLEY PVT BANK</name>
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        <title>Morgan Stanley Private Bank NA</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-19</maturityDt>
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      <invstOrSec>
        <name>WESTPAC BANKING CORPORATION</name>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAE Systems PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>BAE Systems PLC</title>
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          <isin value="GB0002634946"/>
          <ticker value="BA/"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AVOLON HOLDINGS FNDG LTD</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
        <title>Avolon Holdings Funding Ltd</title>
        <cusip>05401AAU5</cusip>
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          <isin value="US05401AAU51"/>
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        <balance>760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>786486.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CFCRE Commercial Mortgage Trus</name>
        <lei>N/A</lei>
        <title>CFCRE Commercial Mortgage Trust 2016-C7</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ZOETIS INC</name>
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        <title>Zoetis Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Assa Abloy AB</name>
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        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MFRA Trust</name>
        <lei>N/A</lei>
        <title>MFA 2025-NQM5 Trust</title>
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        <name>Warner Bros Discovery Inc</name>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <title>UnitedHealth Group Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Delta Electronics Inc</name>
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        <title>Delta Electronics Inc</title>
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        <invCountry>TW</invCountry>
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        <name>VIRGIN MEDIA SECURED FIN</name>
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        <title>Virgin Media Secured Finance PLC</title>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <title>SEK/USD FORWARD</title>
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        <name>Entergy Corp</name>
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        <name>CAIXABANK SA</name>
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        <name>Auto Trader Group PLC</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>Saab AB</name>
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        <name>AIA Group Ltd</name>
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        <name>FIRST ABU DHABI BANK PJS</name>
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        <title>First Abu Dhabi Bank PJSC</title>
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        <name>Dollar General Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>IHI Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VALARIS LTD</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>INT DEVELOPMENT FIN CORP</name>
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        <name>ENTERGY CORP</name>
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        <name>ENBRIDGE INC</name>
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        <title>Enbridge Inc</title>
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        <name>Target Corp</name>
        <lei>8WDDFXB5T1Z6J0XC1L66</lei>
        <title>Target Corp</title>
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          <isin value="US87612E1064"/>
          <ticker value="TGT"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Amundi SA</name>
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        <title>Amundi SA</title>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Argent Securities Inc.</name>
        <lei>N/A</lei>
        <title>Argent Securities Inc Asset-Backed Pass-Through Certificates Series 2004-W10</title>
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          <isin value="US040104LM10"/>
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        <fairValLevel>2</fairValLevel>
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        <name>SELP FINANCE SARL</name>
        <lei>549300Y4VYEJE1MH6D45</lei>
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        <invCountry>LU</invCountry>
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        <name>PETROLEOS MEXICANOS</name>
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        <title>Petroleos Mexicanos</title>
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        <name>CAESARS ENTERTAIN INC</name>
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        <title>Caesars Entertainment Inc</title>
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        <name>UNITED MEXICAN STATES</name>
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        <title>Mexico Government International Bond</title>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>P3 GROUP SARL</name>
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        <title>P3 Group Sarl</title>
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        <name>DuPont de Nemours Inc</name>
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        <name>GENERAL MOTORS FINL CO</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co Inc</title>
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        <name>Hitachi Ltd</name>
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        <name>Insulet Corp</name>
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        <name>Oracle Corp</name>
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        <name>GLENCORE FUNDING LLC</name>
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        <name>Merck &amp; Co Inc</name>
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        <name>UBS Commercial Mortgage Trust</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>West Japan Railway Co</name>
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        <name>Fannie Mae</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <cusip>31408DVP6</cusip>
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          <isin value="US31408DVP67"/>
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        <balance>761.87000000</balance>
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        <curCd>USD</curCd>
        <valUSD>775.61000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROMANIA</name>
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        <title>Romanian Government International Bond</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HKEX</name>
        <lei>213800YTVSXYQN17BW16</lei>
        <title>Hong Kong Exchanges &amp; Clearing Ltd</title>
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          <isin value="HK0388045442"/>
          <ticker value="388"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHENIERE ENERGY PARTNERS</name>
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        <title>Cheniere Energy Partners LP</title>
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          <isin value="US16411QAN16"/>
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        <balance>680000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2032-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ISRAEL ELECTRIC CORP LTD</name>
        <lei>254900JW7GE35YNJGJ55</lei>
        <title>Israel Electric Corp Ltd</title>
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          <isin value="US46507WAB63"/>
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        <balance>1740000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1839684.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
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          <isin value="US06051GKD06"/>
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        <balance>1759000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1585744.77000000</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>2032-10-20</maturityDt>
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      <invstOrSec>
        <name>HF Sinclair Corp</name>
        <lei>2549009G116AM01XHN24</lei>
        <title>HF Sinclair Corp</title>
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          <isin value="US4039491000"/>
          <ticker value="DINO"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WP CAREY INC</name>
        <lei>54930042CRNE713E3Q67</lei>
        <title>WP Carey Inc</title>
        <cusip>000000000</cusip>
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          <isin value="XS2819335311"/>
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        <balance>900000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2025-5C5</title>
        <cusip>95004MAC1</cusip>
        <identifiers>
          <isin value="US95004MAC10"/>
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        <balance>7710000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8052102.72000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PARK INTERMED HOLDINGS</name>
        <lei>N/A</lei>
        <title>Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer</title>
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        <balance>1800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1845112.69000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Citibank, National Association</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>JPY/USD FORWARD</title>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>VICI PROPERTIES / NOTE</name>
        <lei>N/A</lei>
        <title>VICI Properties LP / VICI Note Co Inc</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GLENCORE FUNDING LLC</name>
        <lei>213800STG1QDNBY87K49</lei>
        <title>Glencore Funding LLC</title>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>161263.62000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31418CFD1</cusip>
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          <isin value="US31418CFD11"/>
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        <balance>901796.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>814370.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Boeing Co/The</name>
        <lei>RVHJWBXLJ1RFUBSY1F30</lei>
        <title>Boeing Co/The</title>
        <cusip>097023105</cusip>
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          <isin value="US0970231058"/>
          <ticker value="BA"/>
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        <balance>29884.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6488414.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>AVOLON HOLDINGS FNDG LTD</name>
        <lei>635400ZRKEX9L1BKCH30</lei>
        <title>Avolon Holdings Funding Ltd</title>
        <cusip>05401AAS0</cusip>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>312570.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Non Gold Pool</title>
        <cusip>3128S4GD3</cusip>
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        <balance>472.20000000</balance>
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        <curCd>USD</curCd>
        <valUSD>491.56000000</valUSD>
        <pctVal>0.000002117903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.98800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CAESARS ENTERTAIN INC</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment Inc</title>
        <cusip>12769GAA8</cusip>
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          <isin value="US12769GAA85"/>
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        <balance>2025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1943779.01000000</valUSD>
        <pctVal>0.008374840451</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KBC GROUP NV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNP PARIBAS SECURITIES CORP.</name>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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      <invstOrSec>
        <name>VICI PROPERTIES / NOTE</name>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FORD MOTOR COMPANY</name>
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        <title>Ford Motor Co</title>
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        <fairValLevel>2</fairValLevel>
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        <name>REALTY INCOME CORP</name>
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          <other otherDesc="SEDOL" value="BVMCB29"/>
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        <assetCat>DBT</assetCat>
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        <name>Government National Mortgage A</name>
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        <title>Ginnie Mae I Pool</title>
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        <name>Berkshire Hathaway Inc</name>
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        <name>ITALY GOV'T INT BOND</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos</title>
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        <name>PARK INTERMED HOLDINGS</name>
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        <name>Dai Nippon Printing Co Ltd</name>
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        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <name>Carlsberg AS</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Iberdrola SA</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>WYNN RESORTS FINANCE LLC</name>
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          <isin value="US983133AC37"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
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          <isin value="US95003VAC28"/>
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        <curCd>USD</curCd>
        <valUSD>1884515.22000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2057-07-15</maturityDt>
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      <invstOrSec>
        <name>Asahi Group Holdings Ltd</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Amphenol Corp</name>
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        <title>Amphenol Corp</title>
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          <ticker value="APH"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>BALDER FINLAND OYJ</name>
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          <isin value="XS2288925568"/>
          <other otherDesc="SEDOL" value="BMTVY27"/>
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        <invCountry>FI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Talanx AG</name>
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          <ticker value="TLX"/>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Legrand SA</name>
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        <title>Legrand SA</title>
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          <ticker value="LR"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BARCLAYS BANK PLC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="SWO">
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        <name>State Street Health Care Select Sector SPDR ETF</name>
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        <name>CCO HLDGS LLC/CAP CORP</name>
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        <name>BOOST NEWCO BORROWER LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac Pool</title>
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        <name>AFRICAN EXPORT-IMPORT BA</name>
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        <title>African Export-Import Bank/The</title>
        <cusip>000000000</cusip>
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          <isin value="XS2053566068"/>
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        <curCd>USD</curCd>
        <valUSD>236172.50000000</valUSD>
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        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Danaher Corp</name>
        <lei>S4BKK9OTCEWQ3YHPFM11</lei>
        <title>Danaher Corp</title>
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          <ticker value="DHR"/>
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        <balance>85707.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Enterprise Fleet Financing LLC</name>
        <lei>N/A</lei>
        <title>Enterprise Fleet Financing 2024-1 LLC</title>
        <cusip>29375PAB6</cusip>
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          <isin value="US29375PAB67"/>
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        <balance>416528.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>419640.00000000</valUSD>
        <pctVal>0.001808033747</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.23000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Leonardo SpA</name>
        <lei>529900X4EEX1U9LN3U39</lei>
        <title>Leonardo SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0003856405"/>
          <ticker value="LDO"/>
          <other otherDesc="SEDOL" value="B0DJNG0"/>
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        <balance>58664.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CLEVELAND-CLIFFS INC</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>Cleveland-Cliffs Inc</title>
        <cusip>185899AQ4</cusip>
        <identifiers>
          <isin value="US185899AQ45"/>
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        <balance>745000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>771157.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.87500000</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>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>EURO ESTR</title>
        <cusip>000000000</cusip>
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          <ticker value="KTRZ5"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01JPVRVW8"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>CHICAGO MERCANTILE EXCHANGE INC.</counterpartyName>
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            <payOffProf>Long</payOffProf>
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                <issuerName>CHICAGO MERCANTILE EXCHANGE INC.</issuerName>
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                  <cusip value="000000000"/>
                  <ticker value="ESTRON"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Obic Co Ltd</name>
        <lei>N/A</lei>
        <title>Obic Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3173400007"/>
          <ticker value="4684"/>
          <other otherDesc="SEDOL" value="6136749"/>
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        <balance>81700.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IBERDROLA INTL BV</name>
        <lei>549300ZMLFJKWC63XN87</lei>
        <title>Iberdrola International BV</title>
        <cusip>000000000</cusip>
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          <isin value="XS2244941063"/>
          <other otherDesc="SEDOL" value="BMXWT43"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>FISERV FUNDING UNLTD CO</name>
        <lei>254900RNWK5SE9A0I712</lei>
        <title>Fiserv Funding ULC</title>
        <cusip>337735AA2</cusip>
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          <isin value="XS3060656884"/>
          <other otherDesc="SEDOL" value="BPJKJM0"/>
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        <balance>1300000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.87500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EMERSON ELECTRIC CO</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
        <title>Emerson Electric Co</title>
        <cusip>291011BV5</cusip>
        <identifiers>
          <isin value="XS3007570495"/>
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        <balance>2200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>ITALY GOV'T INT BOND</name>
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        <title>Republic of Italy Government International Bond</title>
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          <isin value="US465410BZ07"/>
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        <balance>690000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Schneider Electric SE</name>
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        <title>Schneider Electric SE</title>
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          <isin value="FR0000121972"/>
          <ticker value="SU"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EUSHI FINANCE INC</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
        <valUSD>426291.69000000</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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      <invstOrSec>
        <name>Bayer AG</name>
        <lei>549300J4U55H3WP1XT59</lei>
        <title>Bayer AG</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TIME WARNER CABLE LLC</name>
        <lei>549300U5NFR7S6E3GM41</lei>
        <title>Time Warner Cable LLC</title>
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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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        <name>Freddie Mac</name>
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        <title>Freddie Mac Pool</title>
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        <name>HSBC SECURITIES (USA) INC.</name>
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        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust 2024-CES3</title>
        <cusip>89183EAA9</cusip>
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        <balance>184758.51000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>MEDTRONIC INC</name>
        <lei>D56MRZY2INAN94ZONZ37</lei>
        <title>Medtronic Inc</title>
        <cusip>585055BZ8</cusip>
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          <isin value="XS3185369371"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.95000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Santander Drive Auto Receivabl</name>
        <lei>N/A</lei>
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        <name>Toyota Motor Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDMAN SACHS GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empower CLO Ltd.</name>
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        <name>CQS US CLO Ltd</name>
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        <name>EUROPEAN UNION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>SAN DIEGO G &amp; E</name>
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        <name>AMAZON CONSERVATION DAC</name>
        <lei>635400VMJ6EGNYN3YK31</lei>
        <title>Amazon Conservation DAC</title>
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        <name>VITAL ENERGY INC</name>
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        <name>Magnetite CLO Ltd</name>
        <lei>5493003SVWF9GG13MZ22</lei>
        <title>Magnetite XVII Ltd</title>
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        <invCountry>KY</invCountry>
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        <name>REPUBLIC OF PERU</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>Peruvian Government International Bond</title>
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          <isin value="XS2314020806"/>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIA CLEAN ENERGY HLDG</name>
        <lei>254900XQFJ9593DCY022</lei>
        <title>India Clean Energy Holdings</title>
        <cusip>000000000</cusip>
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        <curCd>USD</curCd>
        <valUSD>242500.00000000</valUSD>
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        <invCountry>MU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Mountain View CLO Ltd</name>
        <lei>549300URXZ1TS31FK720</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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          <other otherDesc="INTERNAL" value="SWB8ADJ1MG1"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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                <issuerName>IHS MARKIT LTD</issuerName>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>Lasertec Corp</name>
        <lei>N/A</lei>
        <title>Lasertec Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3979200007"/>
          <ticker value="6920"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STERIS PLC</name>
        <lei>N/A</lei>
        <title>STERIS PLC</title>
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          <isin value="IE00BFY8C754"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CAIXABANK SA</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>CaixaBank SA</title>
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          <isin value="US12803RAG92"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>726406.66000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.67300000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ericsson</name>
        <lei>549300W9JLPW15XIFM52</lei>
        <title>Telefonaktiebolaget LM Ericsson</title>
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          <isin value="SE0000108656"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
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          <isin value="US36179NM966"/>
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        <curCd>USD</curCd>
        <valUSD>148949.34000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Northern Star Resources Ltd</name>
        <lei>254900XFXCRYYZAX6M78</lei>
        <title>Northern Star Resources Ltd</title>
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          <ticker value="NST"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WYNN RESORTS FINANCE LLC</name>
        <lei>N/A</lei>
        <title>Wynn Resorts Finance LLC / Wynn Resorts Capital Corp</title>
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          <isin value="US983133AA70"/>
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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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      <invstOrSec>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Barclays Commercial Mortgage S</name>
        <lei>N/A</lei>
        <title>Barclays Commercial Mortgage Trust 2019-C4</title>
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          <isin value="US07335CAE49"/>
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        <balance>334111.68000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>319680.83000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>ONEOK INC</name>
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        <title>ONEOK Inc</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BNP PARIBAS</name>
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        <name>Pandora A/S</name>
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        <title>Pandora A/S</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Unilever PLC</name>
        <lei>549300MKFYEKVRWML317</lei>
        <title>Unilever PLC</title>
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        <name>Endeavour Mining PLC</name>
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      <invstOrSec>
        <name>Poste Italiane SpA</name>
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        <name>Fannie Mae</name>
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      <invstOrSec>
        <name>GENERAL MOTORS FINL CO</name>
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        <name>STRIPS</name>
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        <name>COMCAST CORP</name>
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        <name>Generac Holdings Inc</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>WESTERN MIDSTREAM OPERAT</name>
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        <name>Oracle Corp Japan</name>
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        <name>REA Group Ltd</name>
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        <name>HCA INC</name>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <name>Bridgecrest Lending Auto Secur</name>
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        <name>SANTOS FINANCE LTD</name>
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        <invCountry>AU</invCountry>
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      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
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        <name>Kirin Holdings Co Ltd</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Klepierre SA</name>
        <lei>969500PB4U31KEFHZ621</lei>
        <title>Klepierre SA</title>
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          <ticker value="LI"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>STATE OF ISRAEL</name>
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        <name>adidas AG</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>CREDIT AGRICOLE SA</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>KeyCorp</name>
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        <name>CREDIT AGRICOLE SA</name>
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        <title>Vistra Operations Co LLC</title>
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        <name>Hanwha Aerospace Co Ltd</name>
        <lei>9884001NSUA8FQKQWR25</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bridgecrest Lending Auto Secur</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALPEK SA DE CV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FREDDIE MAC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arthur J Gallagher &amp; Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Amazon.com Inc</name>
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        <name>BANK OF AMERICA, NATIONAL ASSOCIATION</name>
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      <invstOrSec>
        <name>Eastman Chemical Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UnitedHealth Group Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ROMANIA</name>
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      <invstOrSec>
        <name>MIZUHO FINANCIAL GROUP</name>
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        <name>Fresnillo PLC</name>
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        <invCountry>MX</invCountry>
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        <name>Bunge Global SA</name>
        <lei>254900IVXSV9K0B7PO26</lei>
        <title>Bunge Global SA</title>
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        <name>AT&amp;T INC</name>
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        <title>AT&amp;T Inc</title>
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        <name>Santander Drive Auto Receivabl</name>
        <lei>N/A</lei>
        <title>Santander Drive Auto Receivables Trust 2025-3</title>
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        <name>Five Below Inc</name>
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        <title>Five Below Inc</title>
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          <ticker value="FIVE"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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          <isin value="US31385XBF33"/>
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        <balance>1542.23000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>EURO-BUND</title>
        <cusip>000000000</cusip>
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          <ticker value="RXH6"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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              <counterpartyName>EUREX CLEARING AKTIENGESELLSCHAFT</counterpartyName>
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            <payOffProf>Long</payOffProf>
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              <otherRefInst>
                <issuerName>BUNDESREPUB. DEUTSCHLAND</issuerName>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>WPP PLC</name>
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          <ticker value="WPP"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Howmet Aerospace Inc</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>STARWOOD PROPERTY TRUST</name>
        <lei>BUGSFQZERKRBFWIG5267</lei>
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          <isin value="US85571BAU98"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31418DYY2</cusip>
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          <isin value="US31418DYY20"/>
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        <balance>1997316.90000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1703411.94000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic Services Inc</name>
        <lei>NKNQHM6BLECKVOQP7O46</lei>
        <title>Republic Services Inc</title>
        <cusip>760759100</cusip>
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          <isin value="US7607591002"/>
          <ticker value="RSG"/>
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        <balance>15728.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3333235.04000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>East West Bancorp Inc</name>
        <lei>254900O4X656YXFOYB11</lei>
        <title>East West Bancorp Inc</title>
        <cusip>27579R104</cusip>
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          <isin value="US27579R1041"/>
          <ticker value="EWBC"/>
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        <balance>28472.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3199968.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>3M Co</name>
        <lei>LUZQVYP4VS22CLWDAR65</lei>
        <title>3M Co</title>
        <cusip>88579Y101</cusip>
        <identifiers>
          <isin value="US88579Y1010"/>
          <ticker value="MMM"/>
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        <balance>64615.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10344861.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2971936948"/>
          <other otherDesc="SEDOL" value="BSHTJW0"/>
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        <balance>3315000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <pctVal>0.016937213435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>SOGECAP SA</name>
        <lei>9695009HXSFK8D6V0T62</lei>
        <title>Sogecap SA</title>
        <cusip>000000000</cusip>
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          <isin value="FR001400M1X9"/>
          <other otherDesc="SEDOL" value="BN12NR3"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-05-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITY OF TORONTO CANADA</name>
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        <title>City of Toronto Canada</title>
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          <other otherDesc="SEDOL" value="BYPK9D8"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <title>SWOP IRS USD</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Cantor Commercial Real Estate</name>
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        <name>Northern Trust Corp</name>
        <lei>549300GLF98S992BC502</lei>
        <title>Northern Trust Corp</title>
        <cusip>665859104</cusip>
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          <ticker value="NTRS"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NN Group NV</name>
        <lei>724500OHYNDT9OY6Q215</lei>
        <title>NN Group NV</title>
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        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2021-B25 Mortgage Trust</title>
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        <balance>2955000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2699852.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31418EPE4</cusip>
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        <balance>2220344.05000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp</title>
        <cusip>1248EPCE1</cusip>
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          <isin value="US1248EPCE15"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>47104.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>17308CC53</cusip>
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          <isin value="US17308CC539"/>
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        <balance>2170000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2066494.71000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-05</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AEGEA FINANCE SARL</name>
        <lei>213800V6WTKUT1XWIZ47</lei>
        <title>Aegea Finance Sarl</title>
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        <identifiers>
          <isin value="US00775CAC01"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>842472.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BMO Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BMO 2025-5C11 Mortgage Trust</title>
        <cusip>096941AC3</cusip>
        <identifiers>
          <isin value="US096941AC30"/>
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        <balance>9400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9832017.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.66890000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
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        <title>CDS SKANDINAVISKA ENSKILDA BANKEN AB</title>
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        <balance>1.00000000</balance>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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      <invstOrSec>
        <name>REPUBLIKA SLOVENIJA</name>
        <lei>485100000LWQHIX4XX88</lei>
        <title>Slovenia Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="SI0002103552"/>
          <other otherDesc="SEDOL" value="BYT6ZT0"/>
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        <balance>53000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-08-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Morningstar Inc</name>
        <lei>529900YGNQPOVAXQ7F29</lei>
        <title>Morningstar Inc</title>
        <cusip>617700109</cusip>
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          <isin value="US6177001095"/>
          <ticker value="MORN"/>
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        <balance>7500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1629825.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SANTANDER UK PLC</name>
        <lei>PTCQB104N23FMNK2RZ28</lei>
        <title>Santander UK PLC</title>
        <cusip>000000000</cusip>
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          <isin value="XS2823118018"/>
          <other otherDesc="SEDOL" value="BNSP1V5"/>
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        <balance>3500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>4138458.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>Credit Agricole SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR001400F067"/>
          <other otherDesc="SEDOL" value="BMTWJP8"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1005848.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</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>CENCORA INC</name>
        <lei>AI8GXW8LG5WK7E9UD086</lei>
        <title>Cencora Inc</title>
        <cusip>03073EAU9</cusip>
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          <isin value="US03073EAU91"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102537.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BP CAPITAL MARKETS PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP Capital Markets PLC</title>
        <cusip>05565QDX3</cusip>
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          <isin value="US05565QDX34"/>
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        <balance>880000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>904200.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Segro PLC</name>
        <lei>213800XC35KGM9NFC641</lei>
        <title>Segro PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B5ZN1N88"/>
          <ticker value="SGRO"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Clarivate PLC</name>
        <lei>549300WDHIIODXFO0R55</lei>
        <title>Clarivate PLC</title>
        <cusip>000000000</cusip>
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          <ticker value="CLVT"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BP CAPITAL MARKETS PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP Capital Markets PLC</title>
        <cusip>05565QDW5</cusip>
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          <isin value="US05565QDW50"/>
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        <balance>795000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>842700.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>CORONADO FINANCE PTY LTD</name>
        <lei>549300NS5FS0W548RE27</lei>
        <title>Coronado Finance Pty Ltd</title>
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        <curCd>USD</curCd>
        <valUSD>2454543.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNP PARIBAS SECURITIES CORP.</name>
        <lei>RCNB6OTYUAMMP879YW96</lei>
        <title>USD/JPY FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <balance>1.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-46389.73000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>BNP PARIBAS SECURITIES CORP.</counterpartyName>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp</title>
        <cusip>1248EPCD3</cusip>
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          <isin value="US1248EPCD32"/>
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        <balance>1548000.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Vale SA</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FORD MOTOR COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kesko Oyj</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEWELL BRANDS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MAXIM CRANE WORKS LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Symphony CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>1261229 BC LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BARCLAYS BANK PLC</name>
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        <name>BAUSCH HEALTH COS INC</name>
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        <name>BANK OF AMERICA CORP</name>
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        <name>PIEDMONT NATURAL GAS CO</name>
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        <name>FERROVIE DELLO STATO</name>
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        <invCountry>IT</invCountry>
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        <name>Argenx SE</name>
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        <name>REALTY INCOME CORP</name>
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        <title>Realty Income Corp</title>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31413MUF2</cusip>
        <identifiers>
          <isin value="US31413MUF21"/>
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        <balance>449.81000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>463.84000000</valUSD>
        <pctVal>0.000001998471</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.28000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE OF MINAS GERAIS</name>
        <lei>N/A</lei>
        <title>Brazil Minas SPE via State of Minas Gerais</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USG13201AA91"/>
          <other otherDesc="SEDOL" value="B97PWJ3"/>
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        <balance>4529999.99999900</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4530362.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.33300000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITEDHEALTH GROUP INC</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UnitedHealth Group Inc</title>
        <cusip>91324PES7</cusip>
        <identifiers>
          <isin value="US91324PES74"/>
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        <balance>1985000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2004219.89000000</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>2053-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</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>J.P. MORGAN SECURITIES LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>USD/JPY FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2511280837186"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3826.73000000</valUSD>
        <pctVal>0.000016487601</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>J.P. MORGAN SECURITIES LLC</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <amtCurSold>-99241000.00000000</amtCurSold>
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            <settlementDt>2026-01-22</settlementDt>
            <unrealizedAppr>3826.73000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cencora Inc</name>
        <lei>AI8GXW8LG5WK7E9UD086</lei>
        <title>Cencora Inc</title>
        <cusip>03073E105</cusip>
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          <isin value="US03073E1055"/>
          <ticker value="COR"/>
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        <balance>6808.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2299402.00000000</valUSD>
        <pctVal>0.009907054652</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ASURION LLC/ASURION CO</name>
        <lei>N/A</lei>
        <title>Asurion LLC and Asurion Co-Issuer Inc</title>
        <cusip>045941AA9</cusip>
        <identifiers>
          <isin value="US045941AA96"/>
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        <balance>1335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1385998.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</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>Daito Trust Cons</name>
        <lei>353800QQ4DRI3KXS3038</lei>
        <title>Daito Trust Construction Co Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3486800000"/>
          <ticker value="1878"/>
          <other otherDesc="SEDOL" value="6250508"/>
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        <balance>208500.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos</title>
        <cusip>71654QDL3</cusip>
        <identifiers>
          <isin value="US71654QDL32"/>
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        <balance>3740000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4009691.40000000</valUSD>
        <pctVal>0.017275896881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</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>Packaging Corp of America</name>
        <lei>549300XZP8MFZFY8TJ84</lei>
        <title>Packaging Corp of America</title>
        <cusip>695156109</cusip>
        <identifiers>
          <isin value="US6951561090"/>
          <ticker value="PKG"/>
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        <balance>10004.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2063124.92000000</valUSD>
        <pctVal>0.008889046516</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36202F3P9</cusip>
        <identifiers>
          <isin value="US36202F3P99"/>
        </identifiers>
        <balance>557.24000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>560.92000000</valUSD>
        <pctVal>0.000002416743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-20</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>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36179SCA3</cusip>
        <identifiers>
          <isin value="US36179SCA33"/>
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        <balance>746.43000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>744.00000000</valUSD>
        <pctVal>0.000003205550</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-20</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>HOWARD HUGHES CORP</name>
        <lei>549300BVHY25JZC1KI49</lei>
        <title>Howard Hughes Corp/The</title>
        <cusip>44267DAE7</cusip>
        <identifiers>
          <isin value="US44267DAE76"/>
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        <balance>540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>524262.51000000</valUSD>
        <pctVal>0.002258803523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>
      <invstOrSec>
        <name>REPUBLIC OF PHILIPPINES</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>Philippine Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2104985598"/>
          <other otherDesc="SEDOL" value="BKVBJV5"/>
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        <balance>1520000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1663049.02000000</valUSD>
        <pctVal>0.007165305384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.70000000</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>REPUBLIC OF PHILIPPINES</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>Philippine Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2334361354"/>
          <other otherDesc="SEDOL" value="BM91KC9"/>
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        <balance>1170000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1162988.97000000</valUSD>
        <pctVal>0.005010779013</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CDS KINGDOM OF SPAIN</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AEUTNE9"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>-76.53000000</valUSD>
        <pctVal>-0.00000032973</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
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                <issuerName>SPAIN GOVERNMENT INTERNATIONAL BOND</issuerName>
                <issueTitle>SPAIN GOVERNMENT INTERNATIONAL BOND</issueTitle>
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                  <cusip value="000000000"/>
                  <isin value="XS1138687592"/>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="EUR" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <otherPmntDesc fixedOrFloating="Other">Default Event</otherPmntDesc>
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            <upfrontRcpt>-55.42000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>EUR</curCd>
            <unrealizedAppr>-21.11000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital</title>
        <cusip>161175BU7</cusip>
        <identifiers>
          <isin value="US161175BU77"/>
        </identifiers>
        <balance>1227000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1104170.31000000</valUSD>
        <pctVal>0.004757356741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</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>CCO HLDGS LLC/CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO Holdings LLC / CCO Holdings Capital Corp</title>
        <cusip>1248EPCK7</cusip>
        <identifiers>
          <isin value="US1248EPCK74"/>
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        <balance>105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>96490.64000000</valUSD>
        <pctVal>0.000415733327</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-01</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>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MEXICO CITY ARPT TRUST</name>
        <lei>N/A</lei>
        <title>Mexico City Airport Trust</title>
        <cusip>59284MAC8</cusip>
        <identifiers>
          <isin value="US59284MAC82"/>
        </identifiers>
        <balance>355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>346792.40000000</valUSD>
        <pctVal>0.001494167292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>CREDIT AGRICOLE SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>Credit Agricole SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0014003182"/>
          <other otherDesc="SEDOL" value="BM9L085"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>222990.84000000</valUSD>
        <pctVal>0.000960763902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.37500000</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>HUNGARY</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>Hungary Government International Bond</title>
        <cusip>445545AT3</cusip>
        <identifiers>
          <isin value="US445545AT30"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>212000.00000000</valUSD>
        <pctVal>0.000913409480</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>Las Vegas Sands Corp</name>
        <lei>549300DUOO1KXOHPM605</lei>
        <title>Las Vegas Sands Corp</title>
        <cusip>517834107</cusip>
        <identifiers>
          <isin value="US5178341070"/>
          <ticker value="LVS"/>
        </identifiers>
        <balance>20800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1353872.00000000</valUSD>
        <pctVal>0.005833205284</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alstom SA</name>
        <lei>96950032TUYMW11FB530</lei>
        <title>Alstom SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0010220475"/>
          <ticker value="ALO"/>
          <other otherDesc="SEDOL" value="B0DJ8Q5"/>
        </identifiers>
        <balance>230811.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>6809366.56000000</valUSD>
        <pctVal>0.029338396096</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intesa Sanpaolo SpA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>Intesa Sanpaolo SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0000072618"/>
          <ticker value="ISP"/>
          <other otherDesc="SEDOL" value="4076836"/>
        </identifiers>
        <balance>795697.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>5498350.21000000</valUSD>
        <pctVal>0.023689835892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>3140QVLW2</cusip>
        <identifiers>
          <isin value="US3140QVLW23"/>
        </identifiers>
        <balance>6086067.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6323416.55000000</valUSD>
        <pctVal>0.027244663331</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF ICELAND</name>
        <lei>549300K5GD3JPA2LLG98</lei>
        <title>Iceland Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2293755125"/>
          <other otherDesc="SEDOL" value="BMG4QW3"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1107523.05000000</valUSD>
        <pctVal>0.004771802140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>CDS REPUBLIC OF ITALY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AD57K00"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>16426.96000000</valUSD>
        <pctVal>0.000070776136</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>CITIBANK, NATIONAL ASSOCIATION</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>REPUBLIC OF ITALY GOVERNMENT INTERNATIONAL BOND</issuerName>
                <issueTitle>REPUBLIC OF ITALY GOVERNMENT INTERNATIONAL BOND</issueTitle>
                <identifiers>
                  <cusip value="465410BX5"/>
                  <isin value="US465410BX58"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <otherPmntDesc fixedOrFloating="Other">Default Event</otherPmntDesc>
            <terminationDt>2034-12-20</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-2619.75000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>470000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>19046.71000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Pool</title>
        <cusip>3133KRQE7</cusip>
        <identifiers>
          <isin value="US3133KRQE70"/>
        </identifiers>
        <balance>3390935.76000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3508246.13000000</valUSD>
        <pctVal>0.015115402241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ONEMAIN FINANCE CORP</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>OneMain Finance Corp</title>
        <cusip>85172FAN9</cusip>
        <identifiers>
          <isin value="US85172FAN96"/>
        </identifiers>
        <balance>896000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>900601.08000000</valUSD>
        <pctVal>0.003880271531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</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>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31411ARB3</cusip>
        <identifiers>
          <isin value="US31411ARB34"/>
        </identifiers>
        <balance>796.78000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>837.34000000</valUSD>
        <pctVal>0.000003607708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YEL5</cusip>
        <identifiers>
          <isin value="US61747YEL56"/>
        </identifiers>
        <balance>430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>392461.76000000</valUSD>
        <pctVal>0.001690935341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.94300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>6174468L6</cusip>
        <identifiers>
          <isin value="US6174468L62"/>
        </identifiers>
        <balance>1340000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1257450.25000000</valUSD>
        <pctVal>0.005417768771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.69900000</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>Kennedy Lewis CLO Ltd</name>
        <lei>549300LO5FP76OLGQK93</lei>
        <title>Kennedy Lewis CLO 11 Ltd</title>
        <cusip>37149HAL0</cusip>
        <identifiers>
          <isin value="US37149HAL06"/>
        </identifiers>
        <balance>2335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2344127.75000000</valUSD>
        <pctVal>0.010099757124</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.29444000</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>CHENIERE ENERGY PARTNERS</name>
        <lei>5493005UEC8AZ34LDV29</lei>
        <title>Cheniere Energy Partners LP</title>
        <cusip>16411QAG6</cusip>
        <identifiers>
          <isin value="US16411QAG64"/>
        </identifiers>
        <balance>390000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>391156.47000000</valUSD>
        <pctVal>0.001685311453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36179NDR6</cusip>
        <identifiers>
          <isin value="US36179NDR61"/>
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        <balance>86971.75000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>82061.85000000</valUSD>
        <pctVal>0.000353566376</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>OZLM Ltd</name>
        <lei>5493002SZMQH8ZTTHX49</lei>
        <title>OZLM XVIII Ltd</title>
        <cusip>67112GAA6</cusip>
        <identifiers>
          <isin value="US67112GAA67"/>
        </identifiers>
        <balance>165218.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>CORPORACION INMOBILIARIA</name>
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        <name>HOWARD HUGHES CORP</name>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <name>ITALY GOV'T INT BOND</name>
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          <isin value="US465410CC03"/>
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        <curCd>USD</curCd>
        <valUSD>731359.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Agnico Eagle Mines Ltd</name>
        <lei>254900BFJ2DOHPMEXN45</lei>
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          <ticker value="AEM"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>NEWELL BRANDS INC</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
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        <name>General Dynamics Corp</name>
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        <name>SENSATA TECHNOLOGIES INC</name>
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        <name>EssilorLuxottica SA</name>
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        <name>Sumitomo Realty &amp; Development</name>
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        <name>Host Hotels &amp; Resorts Inc</name>
        <lei>N6EL63S0K3PB1YFTDI24</lei>
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        <name>Freddie Mac</name>
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        <name>Koninklijke Ahold Delhaize NV</name>
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        <name>GENERAL MOTORS FINL CO</name>
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      <invstOrSec>
        <name>BARCLAYS CAPITAL INC.</name>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
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      <invstOrSec>
        <name>BAUSCH HEALTH COS INC</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>National Australia Bank Ltd</name>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
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        <title>United States Treasury Note/Bond</title>
        <cusip>912810SX7</cusip>
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          <isin value="US912810SX72"/>
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        <balance>10500000.00000000</balance>
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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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      <invstOrSec>
        <name>KLA Corp</name>
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        <title>KLA Corp</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Gold Pool</title>
        <cusip>3132GFNE3</cusip>
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          <isin value="US3132GFNE33"/>
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        <balance>1398.77000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1406.94000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Woodside Energy Group Ltd</name>
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        <title>Woodside Energy Group Ltd</title>
        <cusip>000000000</cusip>
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          <ticker value="WDS"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MITSUBISHI UFJ FIN GRP</name>
        <lei>353800V2V8PUY9TK3E06</lei>
        <title>Mitsubishi UFJ Financial Group Inc</title>
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        <balance>2550000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.19700000</annualizedRt>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
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        <title>USD/CAD FORWARD</title>
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        <name>Canadian National Railway Co</name>
        <lei>3SU7BEP7TH9YEQOZCS77</lei>
        <title>Canadian National Railway Co</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <name>SEMPRA</name>
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        <title>Sempra</title>
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        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
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        <name>SONA FIOS CLO</name>
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        <title>Sona Fios CLO II DAC</title>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PENSKE TRUCK LEASING/PTL</name>
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        <title>Penske Truck Leasing Co Lp / PTL Finance Corp</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Mitsui &amp; Co Ltd</name>
        <lei>2NRSB4GOU9DD6CNW5R48</lei>
        <title>Mitsui &amp; Co Ltd</title>
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        <name>CREDIT AGRICOLE SA</name>
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        <name>NTPC LTD</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>LOS ANGELES CA DEPT OF ARPTS</name>
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        <name>ROYAL CARIBBEAN CRUISES</name>
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        <name>M&amp;G PLC</name>
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        <name>BUONI POLIENNALI DEL TES</name>
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        <title>Italy Buoni Poliennali Del Tesoro</title>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>Government National Mortgage A</name>
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        <name>TREASURY BILL</name>
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        <name>CFE FIBRA E</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Naturgy Energy Group SA</name>
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        <name>Tokyo Electron Ltd</name>
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        <name>ORGANON &amp; CO/ORGANON FOR</name>
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      <invstOrSec>
        <name>CSAIL Commercial Mortgage Trus</name>
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        <name>Duke Energy Corp</name>
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        <name>Balboa Bay Loan Funding Ltd</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>MakeMyTrip Ltd</name>
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        <name>VOLKSWAGEN LEASING GMBH</name>
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        <title>Volkswagen Leasing GmbH</title>
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        <name>Government National Mortgage A</name>
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        <title>Ginnie Mae II Pool</title>
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        <name>BALL CORP</name>
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        <name>CHINA GOVERNMENT BOND</name>
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        <name>HCA INC</name>
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        <title>HCA Inc</title>
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        <name>SOCIETE GENERALE</name>
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        <name>ING GROEP NV</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>Amadeus IT Group SA</name>
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        <name>Freddie Mac</name>
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        <name>BONOS Y OBLIG DEL ESTADO</name>
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        <name>TREASURY BILL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hewlett Packard Enterprise Co</name>
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        <name>Sculptor CLO Ltd</name>
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        <name>Applied Materials Inc</name>
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        <name>Nova Ltd</name>
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        <name>ING Groep NV</name>
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        <name>PROLOGIS EURO FINANCE</name>
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        <name>Citibank, National Association</name>
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        <name>Fannie Mae</name>
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        <name>Shimano Inc</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31418AMF2</cusip>
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          <isin value="US31418AMF20"/>
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        <balance>821.27000000</balance>
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        <curCd>USD</curCd>
        <valUSD>812.97000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ROMANIA</name>
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        <title>Romanian Government International Bond</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-29</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DANA INC</name>
        <lei>KVWHW7YLZPFJM8QYNJ51</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MARRIOTT INTERNATIONAL</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
        <title>Marriott International Inc/MD</title>
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          <isin value="US571903BU68"/>
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        <balance>1145000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1172113.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DEUTSCHE BANK AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE000DL19WN3"/>
          <other otherDesc="SEDOL" value="BNHST66"/>
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        <balance>1500000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-06-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>ORIX Corp</name>
        <lei>35380016EMHNBOVYE123</lei>
        <title>ORIX Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3200450009"/>
          <ticker value="8591"/>
          <other otherDesc="SEDOL" value="6661144"/>
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        <balance>238600.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EOG Resources Inc</name>
        <lei>XWTZDRYZPBUHIQBKDB46</lei>
        <title>EOG Resources Inc</title>
        <cusip>26875P101</cusip>
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          <isin value="US26875P1012"/>
          <ticker value="EOG"/>
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        <balance>173363.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18204848.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CDS KINGDOM OF MOROCCO</title>
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          <other otherDesc="INTERNAL" value="SWB8ADG2B33"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-135753.87000000</valUSD>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
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                <issuerName>KINGDOM OF MOROCCO</issuerName>
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                  <isin value="XS2270576965"/>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
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            <rcptCurCd>USD</rcptCurCd>
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        <securityLending>
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      <invstOrSec>
        <name>LPL Financial Holdings Inc</name>
        <lei>549300XROQ4Y8G2L7682</lei>
        <title>LPL Financial Holdings Inc</title>
        <cusip>50212V100</cusip>
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          <isin value="US50212V1008"/>
          <ticker value="LPLA"/>
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        <balance>3600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1285812.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Venture CDO Ltd</name>
        <lei>549300UP09C89Q3HWD39</lei>
        <title>Venture 32 CLO Ltd</title>
        <cusip>92325QAA5</cusip>
        <identifiers>
          <isin value="US92325QAA58"/>
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        <balance>1572680.62000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1572658.60000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SPRINT CAPITAL CORP</name>
        <lei>549300L17W0GQBR1PO80</lei>
        <title>Sprint Capital Corp</title>
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          <isin value="US852060AD48"/>
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        <balance>3320000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3563380.98000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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          <isin value="US61747YFE05"/>
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        <balance>240000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BALL CORP</name>
        <lei>0BGI85ALH27ZJP15DY16</lei>
        <title>Ball Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CARVANA CO</name>
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        <title>Carvana Co</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Bristol-Myers Squibb Co</name>
        <lei>HLYYNH7UQUORYSJQCN42</lei>
        <title>Bristol-Myers Squibb Co</title>
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          <isin value="US1101221083"/>
          <ticker value="BMY"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BANCO DE SABADELL SA</name>
        <lei>SI5RG2M0WQQLZCXKRM20</lei>
        <title>Banco de Sabadell SA</title>
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          <isin value="XS2677541364"/>
          <other otherDesc="SEDOL" value="BRF4PK0"/>
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        <balance>800000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-08</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>06055HAK9</cusip>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>628391.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
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          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>META PLATFORMS INC</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>Meta Platforms Inc</title>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>899309.96000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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        <securityLending>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <balance>890.98000000</balance>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2017-C38</title>
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        <balance>319991.02000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GARTNER INC</name>
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        <title>Gartner Inc</title>
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        <balance>485000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CARVANA CO</name>
        <lei>5493003WEAK2PJ5WS063</lei>
        <title>Carvana Co</title>
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          <isin value="US146869AN20"/>
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        <balance>2372175.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2486491.49000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BPR Trust</name>
        <lei>N/A</lei>
        <title>BPR Trust 2021-TY</title>
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          <isin value="US05592AAJ97"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>299635.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-09-15</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LANDSVIRKJUN</name>
        <lei>213800Z3CFZOLXPJWN61</lei>
        <title>Landsvirkjun</title>
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          <isin value="XS0261800824"/>
          <other otherDesc="SEDOL" value="B19J8B1"/>
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        <balance>2100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.15600000</annualizedRt>
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      <invstOrSec>
        <name>EMPRESA DE TRANSPORTE ME</name>
        <lei>959800T4M5QUPYMSCH69</lei>
        <title>Empresa de Transporte de Pasajeros Metro SA</title>
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          <isin value="CH1450810234"/>
          <other otherDesc="SEDOL" value="BVV50F5"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENTERPRISE PRODUCTS OPER</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC</title>
        <cusip>29379VCL5</cusip>
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          <isin value="US29379VCL53"/>
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        <balance>480000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>488534.35000000</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>2036-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INTER-AMERICAN DEVEL BK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>Inter-American Development Bank</title>
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          <isin value="US45818QAD16"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WESTERN MIDSTREAM OPERAT</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>Western Midstream Operating LP</title>
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          <isin value="US958667AF48"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>247392.04000000</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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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.35000000</annualizedRt>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
        <lei>4PQUHN3JPFGFNF3BB653</lei>
        <title>CDS REPUBLIC OF SOUTH AFRICA</title>
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        <units>NC</units>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

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      <invstOrSec>
        <name>Cairn Homes PLC</name>
        <lei>635400DPX6WP2KKDOA83</lei>
        <title>Cairn Homes PLC</title>
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          <isin value="IE00BWY4ZF18"/>
          <ticker value="C5H"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31403DWH8</cusip>
        <identifiers>
          <isin value="US31403DWH87"/>
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        <balance>21380.16000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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          <isin value="US61747YFB65"/>
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        <balance>761000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>BANCO SANTANDER SA</name>
        <lei>5493006QMFDDMYWIAM13</lei>
        <title>Banco Santander SA</title>
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          <isin value="US05971KAP49"/>
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        <balance>1490000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1647954.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
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          <annualizedRt>9.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      <invstOrSec>
        <name>Lincoln Electric Holdings Inc</name>
        <lei>BIMGBY40SIN95O01BN93</lei>
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          <ticker value="LECO"/>
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        <curCd>USD</curCd>
        <valUSD>2731896.00000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust 2024-CES1</title>
        <cusip>89183CAA3</cusip>
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          <isin value="US89183CAA36"/>
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        <curCd>USD</curCd>
        <valUSD>57424.30000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>POWER FINANCE CORP LTD</name>
        <lei>3358003Q6D9LIJJZ1614</lei>
        <title>Power Finance Corp Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="XS2384373341"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MEXICO CITY ARPT TRUST</name>
        <lei>N/A</lei>
        <title>Mexico City Airport Trust</title>
        <cusip>000000000</cusip>
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          <isin value="USP6629MAD40"/>
          <other otherDesc="SEDOL" value="BFB5ML3"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>528562.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital</title>
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          <isin value="US161175CD44"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>580147.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
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      <invstOrSec>
        <name>PENSKE TRUCK LEASING/PTL</name>
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        <title>Penske Truck Leasing Co Lp / PTL Finance Corp</title>
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          <isin value="US709599BW38"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES INC.</name>
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        <fairValLevel>2</fairValLevel>
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                <issuerName>REPUBLIC OF PHILIPPINES</issuerName>
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      <invstOrSec>
        <name>CSAIL Commercial Mortgage Trus</name>
        <lei>N/A</lei>
        <title>CSAIL 2019-C17 Commercial Mortgage Trust</title>
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          <isin value="US12597BAT61"/>
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      <invstOrSec>
        <name>STELLANTIS FINANCIAL SER</name>
        <lei>N/A</lei>
        <title>Stellantis Financial Services US Corp</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eaton Corp PLC</name>
        <lei>549300VDIGTMXUNT7H71</lei>
        <title>Eaton Corp PLC</title>
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          <ticker value="ETN"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MARVELL TECHNOLOGY INC</name>
        <lei>N/A</lei>
        <title>Marvell Technology Inc</title>
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        <balance>890000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Commerzbank AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
        <title>Commerzbank AG</title>
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          <ticker value="CBK"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <name>Hoya Corp</name>
        <lei>353800X4VR3BHEUCJB42</lei>
        <title>Hoya Corp</title>
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          <isin value="JP3837800006"/>
          <ticker value="7741"/>
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        <name>UBS GROUP AG</name>
        <lei>549300SZJ9VS8SGXAN81</lei>
        <title>UBS Group AG</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
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      <invstOrSec>
        <name>Evolution Mining Ltd</name>
        <lei>254900BCFW5QO5LW8F27</lei>
        <title>Evolution Mining Ltd</title>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
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        <name>JACOBS ENTERTAINMENT INC</name>
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        <title>Jacobs Entertainment Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>MORGAN STANLEY PVT BANK</name>
        <lei>549300GS0W0TEUQS8571</lei>
        <title>Morgan Stanley Private Bank NA</title>
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        <name>DEUTSCHE BANK SECURITIES INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>CDS REPUBLIC OF PERU</title>
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      <invstOrSec>
        <name>CD Commercial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NCL CORPORATION LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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          <isin value="US61747YFA82"/>
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        <balance>1915000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1954499.70000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>AMER AIRLINE 16-3 A PTT</name>
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          <isin value="US023771S255"/>
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        <curCd>USD</curCd>
        <valUSD>82462.37000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Huatai Securities Co Ltd</name>
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        <title>Huatai Securities Co Ltd</title>
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        <name>BANK OF AMERICA, NATIONAL ASSOCIATION</name>
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        <title>CDS REPUBLIC OF FRANCE</title>
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        <name>Prysmian SpA</name>
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        <title>Prysmian SpA</title>
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        <invCountry>IT</invCountry>
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        <name>BLACKSTONE PP EUR HOLD</name>
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        <title>Blackstone Property Partners Europe Holdings Sarl</title>
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        <invCountry>LU</invCountry>
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        <name>UBS GROUP AG</name>
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        <title>UBS Group AG</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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        <name>HUNGARIAN DEVELOPMENT BA</name>
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        <title>MFB Magyar Fejlesztesi Bank Zrt</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AerCap Holdings NV</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sandvik AB</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kawasaki Kisen Kaisha Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Vinci SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STRIPS</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ASR Nederland NV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>State Street Bank and Trust Company</name>
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      <invstOrSec>
        <name>FERTITTA ENTERTAINMENT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <name>DIAMOND SPORTS NET LLC</name>
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      <invstOrSec>
        <name>CITY OF MONTREAL</name>
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        <title>City of Montreal Canada</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae Pool</title>
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        <name>PENSKE TRUCK LEASING/PTL</name>
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        <name>MITER BRAND / MIWD BORR</name>
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        <name>Highbridge Loan Management Ltd</name>
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        <invCountry>KY</invCountry>
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        <name>EQT Corp</name>
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        <name>BARCLAYS BANK PLC</name>
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        <title>SWOP IRS EUR</title>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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                    <invOthCountry>US</invOthCountry>
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            <exercisePriceCurCd>EUR</exercisePriceCurCd>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Carlyle Global Market Strategi</name>
        <lei>N/A</lei>
        <title>Carlyle US CLO 2024-8 Ltd</title>
        <cusip>142915AE7</cusip>
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          <isin value="US142915AE73"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ESSEX PORTFOLIO LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Marriott International Inc/MD</name>
        <lei>225YDZ14ZO8E1TXUSU86</lei>
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          <isin value="US5719032022"/>
          <ticker value="MAR"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Exelixis Inc</name>
        <lei>254900PJQB59O2O95R37</lei>
        <title>Exelixis Inc</title>
        <cusip>30161Q104</cusip>
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          <isin value="US30161Q1040"/>
          <ticker value="EXEL"/>
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        <curCd>USD</curCd>
        <valUSD>1498986.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VISTRA CORP</name>
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        <title>Vistra Corp</title>
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        <balance>6239000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NIDEC CORP</name>
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        <title>NIDEC CORP</title>
        <cusip>000000000</cusip>
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          <isin value="JP3734800000"/>
          <ticker value="6594"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>3140QFBJ7</cusip>
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          <isin value="US3140QFBJ71"/>
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        <balance>5448021.36000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Compass Group PLC</name>
        <lei>2138008M6MH9OZ6U2T68</lei>
        <title>Compass Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BD6K4575"/>
          <ticker value="CPG"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.74186727"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
        <cusip>06738EDD4</cusip>
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          <isin value="US06738EDD40"/>
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        <balance>725000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>727394.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-11</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <title>US 2YR NOTE (CBT)</title>
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        <curCd>USD</curCd>
        <valUSD>25647.83000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIKA SLOVENIJA</name>
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        <title>Slovenia Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="SI0002104303"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>SI</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TDK Corp</name>
        <lei>3538005O8WNU39U8NX03</lei>
        <title>TDK Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3538800008"/>
          <ticker value="6762"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>WESTERN MIDSTREAM OPERAT</name>
        <lei>L6D8A6MLSY454J2JXJ60</lei>
        <title>Western Midstream Operating LP</title>
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          <isin value="US958667AC17"/>
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        <balance>825000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae I Pool</title>
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        <balance>1669.66000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VISTRA CORP</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>Vistra Corp</title>
        <cusip>92840MAD4</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>
        <debtSec>
          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
        <title>Charter Communications Operating LLC / Charter Communications Operating Capital</title>
        <cusip>161175CA0</cusip>
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        <balance>723000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>466808.33000000</valUSD>
        <pctVal>0.002011260161</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF INDONESIA</name>
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        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Meta Platforms Inc</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>Meta Platforms Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CARRIER GLOBAL CORP</name>
        <lei>549300JE3W6CWY2NAN77</lei>
        <title>Carrier Global Corp</title>
        <cusip>14448CBG8</cusip>
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          <isin value="XS2751689048"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GLP CAPITAL LP / FIN II</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <name>DEUTSCHE BANK SECURITIES INC.</name>
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        <title>CDS UNITED MEXICAN STATES</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United Therapeutics Corp</name>
        <lei>5299005C4HZL4UWROC14</lei>
        <title>United Therapeutics Corp</title>
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          <isin value="US91307C1027"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36179UCE0</cusip>
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          <isin value="US36179UCE01"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AMGEN INC</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>Amgen Inc</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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      <invstOrSec>
        <name>CaixaBank SA</name>
        <lei>7CUNS533WID6K7DGFI87</lei>
        <title>CaixaBank SA</title>
        <cusip>000000000</cusip>
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          <isin value="ES0140609019"/>
          <ticker value="CABK"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>KINGDOM OF BAHRAIN</name>
        <lei>549300RODM1WN85LFQ95</lei>
        <title>Bahrain Government International Bond</title>
        <cusip>000000000</cusip>
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          <isin value="XS2408003064"/>
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        <balance>1025000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>983036.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-18</maturityDt>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Non Gold Pool</title>
        <cusip>3128JNNV3</cusip>
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        <curCd>USD</curCd>
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        <name>VISTRA CORP</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>Vistra Corp</title>
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        <name>Swedish Orphan Biovitrum AB</name>
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        <title>Swedish Orphan Biovitrum AB</title>
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        <invCountry>SE</invCountry>
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        <name>BUONI POLIENNALI DEL TES</name>
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        <title>Italy Buoni Poliennali Del Tesoro</title>
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        <invCountry>IT</invCountry>
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        <name>Datadog Inc</name>
        <lei>549300F6JNO0KRPO1K63</lei>
        <title>Datadog Inc</title>
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        <name>J.P. MORGAN SECURITIES LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>CHF/USD FORWARD</title>
        <cusip>000000000</cusip>
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        <name>Ameriquest Mortgage Securities</name>
        <lei>N/A</lei>
        <title>Ameriquest Mortgage Securities Inc Asset Back Ser 2004-R1</title>
        <cusip>03072SNR2</cusip>
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          <isin value="US03072SNR21"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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      <invstOrSec>
        <name>CHUBB INA HOLDINGS LLC</name>
        <lei>CZCBJZWDMLTHWJDXU843</lei>
        <title>CHUBB INA HOLDINGS LLC</title>
        <cusip>000000000</cusip>
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          <isin value="HK0001173332"/>
          <other otherDesc="SEDOL" value="BRXF4K8"/>
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        <balance>2000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-08-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FinecoBank Banca Fineco SpA</name>
        <lei>549300L7YCATGO57ZE10</lei>
        <title>FinecoBank Banca Fineco SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0000072170"/>
          <ticker value="FBK"/>
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        <balance>55952.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TENNECO INC</name>
        <lei>549300U0EXXFAQFAD785</lei>
        <title>TENNECO INC</title>
        <cusip>88037HAN4</cusip>
        <identifiers>
          <isin value="US88037HAN44"/>
          <other otherDesc="INTERNAL" value="BL4047090"/>
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        <balance>965151.12000000</balance>
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        <curCd>USD</curCd>
        <valUSD>945365.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.73160000</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>SBA COMMUNICATIONS CORP</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA Communications Corp</title>
        <cusip>78410GAD6</cusip>
        <identifiers>
          <isin value="US78410GAD60"/>
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        <balance>1245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1233574.01000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</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>HERC HOLDINGS INC</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Inc</title>
        <cusip>42704LAG9</cusip>
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          <isin value="US42704LAG95"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>741913.96000000</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>2033-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>06051GJZ3</cusip>
        <identifiers>
          <isin value="US06051GJZ37"/>
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        <balance>1050000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1001207.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.08700000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>CK Hutchison Holdings Ltd</name>
        <lei>254900Z8HM1VEPOQ2G79</lei>
        <title>CK Hutchison Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KYG217651051"/>
          <ticker value="1"/>
          <other otherDesc="SEDOL" value="BW9P816"/>
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        <balance>578000.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.78270000"/>
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        <pctVal>0.016930436238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>META PLATFORMS INC</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>Meta Platforms Inc</title>
        <cusip>30303M8X3</cusip>
        <identifiers>
          <isin value="US30303M8X35"/>
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        <balance>630000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>612314.09000000</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>2045-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>
        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>86765BAV1</cusip>
        <identifiers>
          <isin value="US86765BAV18"/>
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        <balance>790000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>710034.34000000</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>2047-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</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>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>CDS KINGDOM OF SAUDI ARABIA</title>
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          <other otherDesc="INTERNAL" value="SWB8AEDA0Z7"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>903.40000000</valUSD>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>SAUDI GOVERNMENT INTERNATIONAL BOND</issuerName>
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                  <isin value="XS2747598444"/>
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            <swapFlag>Y</swapFlag>
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            <otherPmntDesc fixedOrFloating="Other">Default Event</otherPmntDesc>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fiserv Inc</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>Fiserv Inc</title>
        <cusip>337738108</cusip>
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          <isin value="US3377381088"/>
          <ticker value="FISV"/>
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        <balance>89700.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6025149.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MEX BONOS DESARR FIX RT</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexican Bonos</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MX0MGO0000U2"/>
          <other otherDesc="SEDOL" value="BLT1SS4"/>
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        <balance>110500000.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="18.00750000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PGIM Jennison Emerging Markets</name>
        <lei>N/A</lei>
        <title>PGIM Jennison Emerging Markets</title>
        <cusip>743969628</cusip>
        <identifiers>
          <isin value="US7439696284"/>
          <ticker value="PDEQX"/>
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        <balance>615812.27500000</balance>
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        <curCd>USD</curCd>
        <valUSD>12143818.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31402C4F6</cusip>
        <identifiers>
          <isin value="US31402C4F64"/>
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        <balance>1271.72000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1287.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307AS6</cusip>
        <identifiers>
          <isin value="US126307AS68"/>
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        <balance>725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>526659.39000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</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>HCA INC</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA Inc</title>
        <cusip>404119BV0</cusip>
        <identifiers>
          <isin value="US404119BV04"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>236396.15000000</valUSD>
        <pctVal>0.001018521153</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>SALLY HOLDINGS/SALLY CAP</name>
        <lei>N/A</lei>
        <title>Sally Holdings LLC / Sally Capital Inc</title>
        <cusip>79546VAQ9</cusip>
        <identifiers>
          <isin value="US79546VAQ95"/>
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        <balance>670000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>699997.30000000</valUSD>
        <pctVal>0.003015963066</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>Colgate-Palmolive Co</name>
        <lei>YMEGZFW4SBUSS5BQXF88</lei>
        <title>Colgate-Palmolive Co</title>
        <cusip>194162103</cusip>
        <identifiers>
          <isin value="US1941621039"/>
          <ticker value="CL"/>
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        <balance>151111.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11940791.22000000</valUSD>
        <pctVal>0.051447320309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oak Hill Credit Partners</name>
        <lei>N/A</lei>
        <title>OHA Credit Partners XVI</title>
        <cusip>67115LAJ3</cusip>
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          <isin value="US67115LAJ35"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-18</maturityDt>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>Vertiv Holdings Co</name>
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          <isin value="US92537N1081"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UNIVISION COMMUNICATIONS</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sartorius Stedim Biotech</name>
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          <isin value="FR0013154002"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMMERCIAL METALS CO</name>
        <lei>549300OQS2LO07ZJ7N73</lei>
        <title>Commercial Metals Co</title>
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          <isin value="US201723AS24"/>
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        <curCd>USD</curCd>
        <valUSD>649433.67000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SUMITOMO MITSUI FINL GRP</name>
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        <title>Sumitomo Mitsui Financial Group Inc</title>
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          <isin value="US86562MDS61"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2069180.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SOLVENTUM CORP</name>
        <lei>254900I70403OSGY4M28</lei>
        <title>Solventum Corp</title>
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          <isin value="US83444MAQ42"/>
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        <balance>1340000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1397737.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-13</maturityDt>
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          <annualizedRt>5.45000000</annualizedRt>
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      <invstOrSec>
        <name>MAXAM PRILL SARL</name>
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        <title>Maxam Prill Sarl</title>
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        <invCountry>LU</invCountry>
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      <invstOrSec>
        <name>ARSENAL AIC PARENT LLC</name>
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        <title>Arsenal AIC Parent LLC</title>
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          <isin value="US04288BAB62"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>AstraZeneca PLC</name>
        <lei>PY6ZZQWO2IZFZC3IOL08</lei>
        <title>AstraZeneca PLC</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FORD MOTOR COMPANY</name>
        <lei>20S05OYHG0MQM4VUIC57</lei>
        <title>Ford Motor Co</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <title>CDS CMBX.NA.AAA.18</title>
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                <issuerName>IHS MARKIT LTD</issuerName>
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      <invstOrSec>
        <name>ARSENAL AIC PARENT LLC</name>
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        <title>Arsenal AIC Parent LLC</title>
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        <name>MERITAGE HOMES CORP</name>
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        <title>Meritage Homes Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>CITY OF MONTREAL</name>
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        <title>City of Montreal Canada</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BlueScope Steel Ltd</name>
        <lei>529900H6UQI16XACWC95</lei>
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          <ticker value="BSL"/>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Blackrock Inc</name>
        <lei>529900VBK42Y5HHRMD23</lei>
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          <ticker value="BLK"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AVOLON HOLDINGS FNDG LTD</name>
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        <title>Avolon Holdings Funding Ltd</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Siemens Energy AG</name>
        <lei>5299005CHJZ14D4FDJ62</lei>
        <title>Siemens Energy AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE000ENER6Y0"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ENEL FINANCE AMERICA LLC</name>
        <lei>549300EGNLVUJX1DEC60</lei>
        <title>Enel Finance America LLC</title>
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        <curCd>USD</curCd>
        <valUSD>468245.44000000</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>2041-07-12</maturityDt>
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        <name>Fortescue Ltd</name>
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        <title>Fortescue Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000FMG4"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AutoNation Inc</name>
        <lei>N/A</lei>
        <title>AutoNation Inc</title>
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          <isin value="US05329W1027"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
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        <title>CDS CHINA DEVELOPMENT BANK</title>
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        <assetCat>DCR</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2024-V10 Mortgage Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31419DL74</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NTT FINANCE CORP</name>
        <lei>3538007PR116187GD960</lei>
        <title>NTT Finance Corp</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FORTIVE CORPORATION</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Marsh &amp; McLennan Cos Inc</name>
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        <name>Marvell Technology Inc</name>
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        <name>Rockford Tower Europe CLO</name>
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        <title>Rockford Tower Europe Clo 2025-1 DAC</title>
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        <name>Logitech International SA</name>
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        <invCountry>CH</invCountry>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
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        <name>FRANCE (GOVT OF)</name>
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        <title>French Republic Government Bond OAT</title>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Citibank, National Association</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
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        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512170561176"/>
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        <curCd>USD</curCd>
        <valUSD>-22438.99000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>Citibank, National Association</counterpartyName>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>CDS REPUBLIC OF PANAMA</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="SWB8AEQQ9B2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>953.08000000</valUSD>
        <pctVal>0.000004106378</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>CITIBANK, NATIONAL ASSOCIATION</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>REPUBLIC OF PANAMA</issuerName>
                <issueTitle>Panama Government International Bond</issueTitle>
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                  <cusip value="698299AD6"/>
                  <isin value="US698299AD63"/>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
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            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>339000.00000000</notionalAmt>
            <curCd>USD</curCd>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BXMT Ltd</name>
        <lei>N/A</lei>
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        <cusip>05613YAA1</cusip>
        <identifiers>
          <isin value="US05613YAA10"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>795816.96000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Proximus SADP</name>
        <lei>549300CWRXC5EP004533</lei>
        <title>Proximus SADP</title>
        <cusip>000000000</cusip>
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          <isin value="BE0003810273"/>
          <ticker value="PROX"/>
          <other otherDesc="SEDOL" value="B00D9P6"/>
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        <balance>124400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS GROUP INC</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
        <cusip>38141GYM0</cusip>
        <identifiers>
          <isin value="US38141GYM04"/>
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        <balance>2586000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2541575.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.94800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>HERC HOLDINGS INC</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Inc</title>
        <cusip>42704LAF1</cusip>
        <identifiers>
          <isin value="US42704LAF13"/>
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        <balance>1750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1840618.47000000</valUSD>
        <pctVal>0.007930369625</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>REPUBLIC OF PHILIPPINES</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>Philippine Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2985434948"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1071228.88000000</valUSD>
        <pctVal>0.004615427428</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</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>
        <name>LINEAGE EUROPE FINCO BV</name>
        <lei>254900HAPZY8OK9NWE76</lei>
        <title>Lineage Europe Finco BV</title>
        <cusip>53568AAA8</cusip>
        <identifiers>
          <isin value="XS3237166767"/>
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        <balance>2600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>3001498.41000000</valUSD>
        <pctVal>0.012932061809</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-26</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>Assurant Inc</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
        <title>Assurant Inc</title>
        <cusip>04621X108</cusip>
        <identifiers>
          <isin value="US04621X1081"/>
          <ticker value="AIZ"/>
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        <balance>32600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7851710.00000000</valUSD>
        <pctVal>0.033829369587</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NCL CORPORATION LTD</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCL Corp Ltd</title>
        <cusip>62886HBR1</cusip>
        <identifiers>
          <isin value="US62886HBR12"/>
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        <balance>1450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1484756.50000000</valUSD>
        <pctVal>0.006397125770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>
        <name>DCLI BIDCO LLC</name>
        <lei>2549007UUVJTHHNK9T70</lei>
        <title>Dcli Bidco LLC</title>
        <cusip>233104AA6</cusip>
        <identifiers>
          <isin value="US233104AA67"/>
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        <balance>3385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3476927.57000000</valUSD>
        <pctVal>0.014980465120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SBA COMMUNICATIONS CORP</name>
        <lei>5299001HX8ZN8Y8QIT49</lei>
        <title>SBA Communications Corp</title>
        <cusip>78410GAG9</cusip>
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          <isin value="US78410GAG91"/>
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        <balance>2725000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2604307.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>CDS KINGDOM OF MOROCCO</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="SWB8AEHPPA8"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-7177.71000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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              <counterpartyName>DEUTSCHE BANK AKTIENGESELLSCHAFT</counterpartyName>
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                <issuerName>KINGDOM OF MOROCCO</issuerName>
                <issueTitle>Morocco Government International Bond</issueTitle>
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                  <cusip value="000000000"/>
                  <isin value="XS2270576965"/>
                  <other otherDesc="SEDOL" value="BMHLJ13"/>
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      <invstOrSec>
        <name>Crown Castle Inc</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>Crown Castle Inc</title>
        <cusip>22822V101</cusip>
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          <isin value="US22822V1017"/>
          <ticker value="CCI"/>
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        <balance>90300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8024961.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ares Management Corp</name>
        <lei>529900JUV61FH7B8VW38</lei>
        <title>Ares Management Corp</title>
        <cusip>03990B101</cusip>
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          <isin value="US03990B1017"/>
          <ticker value="ARES"/>
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        <balance>19092.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3085839.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORD MOTOR CREDIT CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co LLC</title>
        <cusip>345397E74</cusip>
        <identifiers>
          <isin value="US345397E748"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>609076.47000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REGIE AUTONOME DES TRANS</name>
        <lei>969500K59E47ULNCAQ69</lei>
        <title>Regie Autonome des Transports Parisiens EPIC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR001400AON3"/>
          <other otherDesc="SEDOL" value="BP6GNS5"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>2153965.56000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BP PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BULGARIA</name>
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        <invCountry>BG</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CELLNEX FINANCE CO SA</name>
        <lei>549300OUROMFTRFA7T23</lei>
        <title>Cellnex Finance Co SA</title>
        <cusip>000000000</cusip>
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          <isin value="XS2300292963"/>
          <other otherDesc="SEDOL" value="BLH23F1"/>
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        <balance>200000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-01-15</maturityDt>
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          <annualizedRt>1.25000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31418EM23</cusip>
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          <isin value="US31418EM236"/>
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        <balance>582784.60000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Avis Budget Rental Car Funding</name>
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        <title>Avis Budget Rental Car Funding AESOP LLC</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-12-20</maturityDt>
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      <invstOrSec>
        <name>FedEx Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS CAPITAL INC.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US BANCORP</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Advanced Micro Devices Inc</name>
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          <ticker value="AMD"/>
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        <name>Canadian Pacific Kansas City L</name>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
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        <title>Ginnie Mae II Pool</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SCREEN Holdings Co Ltd</name>
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        <name>BMO Mortgage Trust</name>
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        <name>MARVELL TECHNOLOGY INC</name>
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        <title>Marvell Technology Inc</title>
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        <name>West Pharmaceutical Services I</name>
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        <name>PACIFIC GAS &amp; ELECTRIC</name>
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        <title>Pacific Gas and Electric Co</title>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>COMMERCIAL METALS CO</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>Eli Lilly &amp; Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ABN AMRO Bank NV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kanzhun Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RTX Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>B&amp;G FOODS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Shiseido Co Ltd</name>
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        <name>DEUTSCHE BANK SECURITIES INC.</name>
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        <name>Trinitas CLO Ltd</name>
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        <name>FAIRFAX FINL HLDGS LTD</name>
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        <name>Cenovus Energy Inc</name>
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        <title>Cenovus Energy Inc</title>
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      <invstOrSec>
        <name>BANK OF AMERICA CORP</name>
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        <name>STRIPS</name>
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        <title>United States Treasury Strip Coupon</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-02-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>Glencore PLC</name>
        <lei>2138002658CPO9NBH955</lei>
        <title>Glencore PLC</title>
        <cusip>000000000</cusip>
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          <isin value="JE00B4T3BW64"/>
          <ticker value="GLEN"/>
          <other otherDesc="SEDOL" value="B4T3BW6"/>
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        <balance>1218001.00000000</balance>
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        <valUSD>6658398.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Eni SpA</name>
        <lei>BUCRF72VH5RBN7X3VL35</lei>
        <title>Eni SpA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0003132476"/>
          <ticker value="ENI"/>
          <other otherDesc="SEDOL" value="7145056"/>
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        <balance>35074.00000000</balance>
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        <pctVal>0.002864602628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Galderma Group AG</name>
        <lei>89450001OK6O8ELQ4584</lei>
        <title>Galderma Group AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="CH1335392721"/>
          <ticker value="GALD"/>
          <other otherDesc="SEDOL" value="BRC2T72"/>
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        <balance>69793.00000000</balance>
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        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
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        <pctVal>0.061233542218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>D'ieteren Group</name>
        <lei>549300DV5KJ23OKVTW34</lei>
        <title>D'ieteren Group</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BE0974259880"/>
          <ticker value="DIE"/>
          <other otherDesc="SEDOL" value="4247494"/>
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        <balance>4250.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>765515.63000000</valUSD>
        <pctVal>0.003298251103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>SWOP IRS EUR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AELN528"/>
        </identifiers>
        <balance>17280000.00000000</balance>
        <units>OU</units>
        <descOthUnits>OTHER</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1557.07000000</valUSD>
        <pctVal>0.000006708691</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
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                    <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
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                  <derivAddlInfo>
                    <name>BARCLAYS BANK PLC</name>
                    <lei>G5GSEF7VJP5I7OUK5573</lei>
                    <title>IRS EUR</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="INTERNAL" value="SWB8AELN528SO"/>
                    </identifiers>
                    <balance>0.00000000</balance>
                    <units>NC</units>
                    <currencyConditional curCd="EUR" exchangeRt="0.00000000"/>
                    <valUSD>0.00000000</valUSD>
                    <pctVal>0.00000000</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>GB</invCountry>
                    <invOthCountry>US</invOthCountry>
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                  <otherRecDesc fixedOrFloating="Other">Performance Leg</otherRecDesc>
                  <floatingPmntDesc curCd="EUR" fixedOrFloating="Floating" floatingRtIndex="3 MONTH EURO INTERBANK OFFER RATE" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
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                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0.00000000</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
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            <principalAmt>17280000.00000000</principalAmt>
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            <exercisePrice>0.16000000</exercisePrice>
            <exercisePriceCurCd>EUR</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>1557.07000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FORVIA SE</name>
        <lei>969500F0VMZLK2IULV85</lei>
        <title>Forvia SE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3023963534"/>
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        <balance>270000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>329599.53000000</valUSD>
        <pctVal>0.001420091205</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31411GGW6</cusip>
        <identifiers>
          <isin value="US31411GGW69"/>
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        <balance>1169.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1220.88000000</valUSD>
        <pctVal>0.000005260204</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Keyence Corp</name>
        <lei>529900M7PQBS7A89DZ11</lei>
        <title>Keyence Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3236200006"/>
          <ticker value="6861"/>
          <other otherDesc="SEDOL" value="6490995"/>
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        <balance>2900.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <pctVal>0.004519664285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ryanair Holdings PLC</name>
        <lei>635400BR2ROC1FVEBQ56</lei>
        <title>Ryanair Holdings PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IE00BYTBXV33"/>
          <ticker value="RYA"/>
          <other otherDesc="SEDOL" value="BYTBXV3"/>
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        <balance>156059.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>5380539.29000000</valUSD>
        <pctVal>0.023182243386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Veeva Systems Inc</name>
        <lei>549300YZEXPDB92M2F02</lei>
        <title>Veeva Systems Inc</title>
        <cusip>922475108</cusip>
        <identifiers>
          <isin value="US9224751084"/>
          <ticker value="VEEV"/>
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        <balance>12381.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2763810.63000000</valUSD>
        <pctVal>0.011907975622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Monster Beverage Corp</name>
        <lei>52990090AP0E7HCB6F33</lei>
        <title>Monster Beverage Corp</title>
        <cusip>61174X109</cusip>
        <identifiers>
          <isin value="US61174X1090"/>
          <ticker value="MNST"/>
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        <balance>201900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>15479673.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Booking Holdings Inc</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
        <title>Booking Holdings Inc</title>
        <cusip>09857L108</cusip>
        <identifiers>
          <isin value="US09857L1089"/>
          <ticker value="BKNG"/>
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        <balance>4500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24098985.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae I Pool</title>
        <cusip>3620C02Y3</cusip>
        <identifiers>
          <isin value="US3620C02Y34"/>
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        <balance>428.21000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>426.33000000</valUSD>
        <pctVal>0.000001836857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912797RV1</cusip>
        <identifiers>
          <isin value="US912797RV15"/>
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        <balance>100000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>99391997.24000000</valUSD>
        <pctVal>0.428233927212</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-05</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31402DCV0</cusip>
        <identifiers>
          <isin value="US31402DCV01"/>
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        <balance>1326.74000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1343.76000000</valUSD>
        <pctVal>0.000005789637</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>CDS REPUBLIC OF SOUTH AFRICA</title>
        <cusip>000000000</cusip>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>34437.96000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>DEUTSCHE BANK SECURITIES INC.</counterpartyName>
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                <issuerName>REPUBLIC OF SOUTH AFRICA</issuerName>
                <issueTitle>REPUBLIC OF SOUTH AFRICA</issueTitle>
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                  <isin value="US836205AY00"/>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CMS Energy Corp</name>
        <lei>549300IA9XFBAGNIBW29</lei>
        <title>CMS Energy Corp</title>
        <cusip>125896100</cusip>
        <identifiers>
          <isin value="US1258961002"/>
          <ticker value="CMS"/>
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        <name>Government National Mortgage A</name>
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          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
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      <invstOrSec>
        <name>SCE RECOVERY FUNDING LLC</name>
        <lei>N/A</lei>
        <title>SCE Recovery Funding LLC</title>
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          <isin value="US78433LAJ52"/>
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        <balance>988000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AMERIGAS PART/FIN CORP</name>
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          <isin value="US030981AL88"/>
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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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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Norsk Hydro ASA</name>
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        <title>Norsk Hydro ASA</title>
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        <assetCat>EC</assetCat>
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        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ECOPETROL SA</name>
        <lei>254900IDGKCJICKBPA66</lei>
        <title>Ecopetrol SA</title>
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        <invCountry>CO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FRANCE (GOVT OF)</name>
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        <title>French Republic Government Bond OAT</title>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>GAP INC/THE</name>
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      <invstOrSec>
        <name>Danone SA</name>
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        <name>Constellation Energy Corp</name>
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        <name>MATTAMY GROUP CORP</name>
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        <title>Mattamy Group Corp</title>
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        <name>Pfizer Inc</name>
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        <name>M&amp;T BANK CORPORATION</name>
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        <name>BHP Group Ltd</name>
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        <title>BHP Group Ltd</title>
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        <name>iShares Russell 1000 Growth ETF</name>
        <lei>549300H1KWQVEKI25E14</lei>
        <title>iShares Russell 1000 Growth ETF</title>
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          <ticker value="IWF"/>
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        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ecolab Inc</name>
        <lei>82DYEISM090VG8LTLS26</lei>
        <title>Ecolab Inc</title>
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          <isin value="US2788651006"/>
          <ticker value="ECL"/>
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        <curCd>USD</curCd>
        <valUSD>5355408.00000000</valUSD>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BUONI POLIENNALI DEL TES</name>
        <lei>815600DE60799F5A9309</lei>
        <title>Italy Buoni Poliennali Del Tesoro</title>
        <cusip>000000000</cusip>
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          <isin value="IT0005580094"/>
          <other otherDesc="SEDOL" value="BPRSL86"/>
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        <balance>3890000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>AUD/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2510140548100"/>
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        <balance>1.00000000</balance>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BARCLAYS PLC</counterpartyName>
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      <invstOrSec>
        <name>Elisa Oyj</name>
        <lei>743700TU2S3DXWGU7H32</lei>
        <title>Elisa Oyj</title>
        <cusip>000000000</cusip>
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          <isin value="FI0009007884"/>
          <ticker value="ELISA"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FI</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF SERBIA</name>
        <lei>254900W94OCY91V32O78</lei>
        <title>Serbia International Bond</title>
        <cusip>000000000</cusip>
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          <isin value="XS2580270275"/>
          <other otherDesc="SEDOL" value="BPTJVP4"/>
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        <balance>2270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2434575.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BONOS Y OBLIG DEL ESTADO</name>
        <lei>9598007A56S18711AH60</lei>
        <title>Spain Government Bond</title>
        <cusip>000000000</cusip>
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          <isin value="ES0000012K95"/>
          <other otherDesc="SEDOL" value="BK81639"/>
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        <balance>368000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.45000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Invitation Homes Inc</name>
        <lei>N/A</lei>
        <title>Invitation Homes Inc</title>
        <cusip>46187W107</cusip>
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          <isin value="US46187W1071"/>
          <ticker value="INVH"/>
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        <balance>48000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1333920.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust 2024-CES5</title>
        <cusip>89183QAA2</cusip>
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          <isin value="US89183QAA22"/>
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        <curCd>USD</curCd>
        <valUSD>533556.35000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-09-25</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SAUDI INTERNATIONAL BOND</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>Saudi Government International Bond</title>
        <cusip>000000000</cusip>
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          <isin value="XS2024543055"/>
          <other otherDesc="SEDOL" value="BKLGVJ2"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Home Depot Inc/The</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
        <title>Home Depot Inc/The</title>
        <cusip>437076102</cusip>
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          <isin value="US4370761029"/>
          <ticker value="HD"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>British American Tobacco PLC</name>
        <lei>213800FKA5MF17RJKT63</lei>
        <title>British American Tobacco PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0002875804"/>
          <ticker value="BATS"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF ESTONIA</name>
        <lei>254900EIG0O7C6C9R437</lei>
        <title>Estonia Government International Bond</title>
        <cusip>000000000</cusip>
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          <isin value="XS2532370231"/>
          <other otherDesc="SEDOL" value="BPRSY21"/>
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        <invCountry>EE</invCountry>
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      <invstOrSec>
        <name>EDISON INTERNATIONAL</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International</title>
        <cusip>281020BA4</cusip>
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          <isin value="US281020BA41"/>
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        <invCountry>US</invCountry>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <title>CDS ALPHABET INC</title>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co</title>
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        <name>TECPETROL S.A.</name>
        <lei>529900C0GOV3UC7ZMZ16</lei>
        <title>Tecpetrol SA</title>
        <cusip>87876TAH7</cusip>
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        <curCd>USD</curCd>
        <valUSD>347551.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-11-03</maturityDt>
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        <name>FISERV INC</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>Fiserv Inc</title>
        <cusip>337738BP2</cusip>
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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>2031-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GAP INC/THE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Vontier Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Phoenix Group Holdings PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Deutsche Lufthansa AG</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <isin value="US31418EV807"/>
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        <balance>3904334.34000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BUNDESOBLIGATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC SECURITIES (USA) INC.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MVM ENERGETIKA ZRT</name>
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        <invCountry>HU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Travel + Leisure Co</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>SUTTER HEALTH</name>
        <lei>549300MJCC12LU768G81</lei>
        <title>Sutter Health</title>
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          <isin value="US86944BAK98"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BPIFRANCE SACA</name>
        <lei>969500STN7T9MRUMJ267</lei>
        <title>Bpifrance SACA</title>
        <cusip>000000000</cusip>
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          <isin value="FR001400DHQ4"/>
          <other otherDesc="SEDOL" value="BMD5K72"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
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        <name>AMERICAN EXPRESS CO</name>
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        <title>American Express Co</title>
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        <name>CLARIOS GLOBAL LP</name>
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        <name>REPUBLIC OF SERBIA</name>
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        <title>Serbia International Bond</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Elanco Animal Health Inc</name>
        <lei>549300SHPNDCE059M934</lei>
        <title>Elanco Animal Health Inc</title>
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          <ticker value="ELAN"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government International Bond</title>
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        <balance>735000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>CLYDESDALE ACQUISITION</name>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>M&amp;T Bank Corp</name>
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        <name>Michelin</name>
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        <name>STRIPS</name>
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      <invstOrSec>
        <name>Coca-Cola Europacific Partners</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Atlassian Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Freddie Mac</name>
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      <invstOrSec>
        <name>GRAPHIC PACKAGING INTERN</name>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
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        <name>Fannie Mae</name>
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        <name>Renesas Electronics Corp</name>
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        <title>Enel Finance International NV</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Banco Santander SA</name>
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        <name>Freddie Mac</name>
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        <name>GOLDMAN SACHS GROUP INC</name>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <title>Freddie Mac Pool</title>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Oaktown Re Ltd</name>
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        <name>CLYDESDALE ACQUISITION</name>
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        <title>Clydesdale Acquisition Holdings Inc</title>
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        <name>ANGLO AMERICAN CAPITAL</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Aisin Corp</name>
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        <name>Voya CLO Ltd</name>
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        <title>Morgan Stanley</title>
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        <name>Nucor Corp</name>
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        <name>TORONTO-DOMINION BANK</name>
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        <title>Toronto-Dominion Bank/The</title>
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        <name>ENBRIDGE INC</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
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        <name>Resona Holdings Inc</name>
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        <name>BOOTS GROUP BIDCO LTD</name>
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        <name>L'Oreal SA</name>
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        <name>Exeter Automobile Receivables</name>
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        <name>Elastic NV</name>
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        <title>Elastic NV</title>
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        <name>REPUBLIC OF INDONESIA</name>
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        <invCountry>ID</invCountry>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac Pool</title>
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        <name>VIRGIN MEDIA SECURED FIN</name>
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        <title>Virgin Media Secured Finance PLC</title>
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        <name>OneMain Financial Issuance Tru</name>
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        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <name>Greensky Home Improvement Issu</name>
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        <title>GreenSky Home Improvement Issuer Trust 2025-3</title>
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        <name>BOOTS GROUP FINCO LP</name>
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        <title>Boots Group Finco LP</title>
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        <name>Industria de Diseno Textil SA</name>
        <lei>549300TTCXZOGZM2EY83</lei>
        <title>Industria de Diseno Textil SA</title>
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        <name>Raymond James Financial Inc</name>
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        <name>PRM7 Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Evolution AB</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BUONI POLIENNALI DEL TES</name>
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        <title>Italy Buoni Poliennali Del Tesoro</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Ferrovial SE</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BANCO DE SABADELL SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <title>CDS REPUBLIC OF CHILE</title>
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        <name>CONOCOPHILLIPS COMPANY</name>
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      <invstOrSec>
        <name>TALLGRASS NRG PRTNR/FIN</name>
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        <name>Mitsubishi UFJ Financial Group</name>
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        <name>Wells Fargo Commercial Mortgag</name>
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        <title>Wells Fargo Commercial Mortgage Trust 2024-5C2</title>
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        <name>Prologis Inc</name>
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        <name>REPUBLIC OF POLAND</name>
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        <title>Republic of Poland Government International Bond</title>
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        <name>ISRAEL ELECTRIC CORP LTD</name>
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        <title>Israel Electric Corp Ltd</title>
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        <name>Lam Research Corp</name>
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        <name>NOVA SCOTIA PROVINCE</name>
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        <title>Province of Nova Scotia Canada</title>
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        <name>Edwards Lifesciences Corp</name>
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        <title>Edwards Lifesciences Corp</title>
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        <name>State Street Bank and Trust Company</name>
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        <title>EUR/USD FORWARD</title>
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        <name>CONSTELLATION EN GEN LLC</name>
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        <name>Trane Technologies PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae Pool</title>
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        <name>DEUTSCHE BANK AG</name>
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        <name>Mitsubishi Chemical Group Corp</name>
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        <name>STRIPS</name>
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        <name>HCA INC</name>
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        <title>HCA Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Reckitt Benckiser Group PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ross Stores Inc</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United Wholsale Mortgage LLC</name>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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      <invstOrSec>
        <name>AGRICUL DEV BANK CHINA</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SIERRA PACIFIC POWER CO</name>
        <lei>QB888G5GSVGE1LD1WV84</lei>
        <title>Sierra Pacific Power Co</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PPM CLO LTD</name>
        <lei>549300NI5BL19ELU5U14</lei>
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        <balance>70610.10000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70608.93000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>LEVEL 3 FINANCING INC</name>
        <lei>254900AE5FEFIJOXWL19</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Eiffage SA</name>
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        <title>Eiffage SA</title>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>MICRON TECHNOLOGY INC</name>
        <lei>B3DXGBC8GAIYWI2Z0172</lei>
        <title>Micron Technology Inc</title>
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        <curCd>USD</curCd>
        <valUSD>67253.12000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>Ford Motor Co</name>
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        <title>Ford Motor Co</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <title>PLN/USD FORWARD</title>
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        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <title>CDS FEDERAL REPUBLIC OF NIGERIA</title>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>AES CORP/THE</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>Barclays PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0031348658"/>
          <ticker value="BARC"/>
          <other otherDesc="SEDOL" value="3134865"/>
        </identifiers>
        <balance>3687494.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt="0.74186727"/>
        <valUSD>23604123.98000000</valUSD>
        <pctVal>0.101699201052</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REGAL REXNORD CORP</name>
        <lei>QH78R09VCJGQKPBPYU33</lei>
        <title>Regal Rexnord Corp</title>
        <cusip>758750AL7</cusip>
        <identifiers>
          <isin value="US758750AL75"/>
        </identifiers>
        <balance>390000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>390656.13000000</valUSD>
        <pctVal>0.001683155720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.05000000</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>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>91282CGM7</cusip>
        <identifiers>
          <isin value="US91282CGM73"/>
        </identifiers>
        <balance>12295000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11953045.31000000</valUSD>
        <pctVal>0.051500117488</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>CHINA GOVT INTL BOND</name>
        <lei>300300CHN201808MOF68</lei>
        <title>China Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2259626856"/>
          <other otherDesc="SEDOL" value="BMC6L95"/>
        </identifiers>
        <balance>1460000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1530119.63000000</valUSD>
        <pctVal>0.006592574417</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.25000000</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>OneMain Financial Issuance Tru</name>
        <lei>N/A</lei>
        <title>OneMain Financial Issuance Trust 2023-1</title>
        <cusip>68269JAH4</cusip>
        <identifiers>
          <isin value="US68269JAH41"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>317059.14000000</valUSD>
        <pctVal>0.001366060492</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.49000000</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>Credit Agricole SA</name>
        <lei>969500TJ5KRTCJQWXH05</lei>
        <title>Credit Agricole SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000045072"/>
          <ticker value="ACA"/>
          <other otherDesc="SEDOL" value="7262610"/>
        </identifiers>
        <balance>184662.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>3801798.86000000</valUSD>
        <pctVal>0.016380184536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS3215634901"/>
        </identifiers>
        <balance>2900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>3350722.01000000</valUSD>
        <pctVal>0.014436704012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.74900000</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>PROVINCE OF QUEBEC</name>
        <lei>549300WN65YFEQH74Y36</lei>
        <title>Province of Quebec Canada</title>
        <cusip>74814ZEW9</cusip>
        <identifiers>
          <isin value="CA74814ZEW91"/>
          <other otherDesc="SEDOL" value="BYNWH87"/>
        </identifiers>
        <balance>1500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255000"/>
        <valUSD>910568.25000000</valUSD>
        <pctVal>0.003923215435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>LA POSTE SA</name>
        <lei>9695000YG7TR7PAP0L59</lei>
        <title>La Poste SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0014001IO6"/>
          <other otherDesc="SEDOL" value="BM8NFB0"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>530485.28000000</valUSD>
        <pctVal>0.002285614547</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-18</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>SWOP IRS EUR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AELN1F3"/>
        </identifiers>
        <balance>-17280000.00000000</balance>
        <units>OU</units>
        <descOthUnits>OTHER</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>-3146.37000000</valUSD>
        <pctVal>-0.00001355624</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
              <counterpartyLei>G5GSEF7VJP5I7OUK5573</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
                  <counterparties>
                    <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
                    <counterpartyLei>G5GSEF7VJP5I7OUK5573</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>BARCLAYS BANK PLC</name>
                    <lei>G5GSEF7VJP5I7OUK5573</lei>
                    <title>IRS EUR</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="INTERNAL" value="SWB8AELN1F3SO"/>
                    </identifiers>
                    <balance>0.00000000</balance>
                    <units>NC</units>
                    <currencyConditional curCd="EUR" exchangeRt="0.00000000"/>
                    <valUSD>0.00000000</valUSD>
                    <pctVal>0.00000000</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>GB</invCountry>
                    <invOthCountry>US</invOthCountry>
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                  <otherRecDesc fixedOrFloating="Other">Performance Leg</otherRecDesc>
                  <floatingPmntDesc curCd="EUR" fixedOrFloating="Floating" floatingRtIndex="3 MONTH EURO INTERBANK OFFER RATE" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
                    <rtResetTenors>
                      <rtResetTenor rateTenor="Day" rateTenorUnit="0" resetDt="Day" resetDtUnit="0"/>
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                  <terminationDt>2026-07-15</terminationDt>
                  <upfrontPmnt>0.00000000</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0.00000000</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>0.00000000</notionalAmt>
                  <curCd>EUR</curCd>
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              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>-17280000.00000000</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>0.06500000</exercisePrice>
            <exercisePriceCurCd>EUR</exercisePriceCurCd>
            <expDt>2026-07-15</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-3146.37000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLS Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>GLS Auto Receivables Issuer Trust 2025-4</title>
        <cusip>36273HAJ5</cusip>
        <identifiers>
          <isin value="US36273HAJ59"/>
        </identifiers>
        <balance>599000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>601417.38000000</valUSD>
        <pctVal>0.002591228003</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.74000000</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>Sodexo SA</name>
        <lei>969500LCBOG12HXPYM84</lei>
        <title>Sodexo SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000121220"/>
          <ticker value="SW"/>
          <other otherDesc="SEDOL" value="7062713"/>
        </identifiers>
        <balance>20442.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1047366.73000000</valUSD>
        <pctVal>0.004512616513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STATE OF ISRAEL</name>
        <lei>213800T8ZHTFZIBYPE21</lei>
        <title>Israel Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2433136194"/>
          <other otherDesc="SEDOL" value="BPGC156"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>99385.49000000</valUSD>
        <pctVal>0.000428205890</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Quantum Minerals Ltd</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>First Quantum Minerals Ltd</title>
        <cusip>335934105</cusip>
        <identifiers>
          <isin value="CA3359341052"/>
          <ticker value="FM"/>
          <other otherDesc="SEDOL" value="2347608"/>
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        <balance>94949.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255000"/>
        <valUSD>2545716.51000000</valUSD>
        <pctVal>0.010968309410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ARIS MINING CORP</name>
        <lei>5493001GJ5TILX6L1F82</lei>
        <title>Aris Mining Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USC04492AA97"/>
          <other otherDesc="SEDOL" value="BT21XB5"/>
        </identifiers>
        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>260857.50000000</valUSD>
        <pctVal>0.001123913743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sanofi SA</name>
        <lei>549300E9PC51EN656011</lei>
        <title>Sanofi SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="FR0000120578"/>
          <ticker value="SAN"/>
          <other otherDesc="SEDOL" value="5671735"/>
        </identifiers>
        <balance>139893.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>13535378.93000000</valUSD>
        <pctVal>0.058317657723</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tele2 AB</name>
        <lei>213800EKD193RVI9HL76</lei>
        <title>Tele2 AB</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="SE0005190238"/>
          <ticker value="TEL2B"/>
          <other otherDesc="SEDOL" value="B97C733"/>
        </identifiers>
        <balance>133138.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>2230939.88000000</valUSD>
        <pctVal>0.009612083192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLUMBIA PIPELINES OPCO</name>
        <lei>N/A</lei>
        <title>Columbia Pipelines Operating Co LLC</title>
        <cusip>19828TAH9</cusip>
        <identifiers>
          <isin value="US19828TAH95"/>
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        <balance>175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172460.34000000</valUSD>
        <pctVal>0.000743051460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.96200000</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>CEZ AS</name>
        <lei>529900S5R9YHJHYKKG94</lei>
        <title>CEZ AS</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2084418339"/>
          <other otherDesc="SEDOL" value="BK6X347"/>
        </identifiers>
        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>578791.88000000</valUSD>
        <pctVal>0.002493745237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-12-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.87500000</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>BEIGNET INVESTOR LLC</name>
        <lei>N/A</lei>
        <title>Beignet Investor LLC</title>
        <cusip>076912AA2</cusip>
        <identifiers>
          <isin value="US076912AA21"/>
        </identifiers>
        <balance>3447000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3649223.17000000</valUSD>
        <pctVal>0.015722806792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-05-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.58100000</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>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>CDS KINGDOM OF MOROCCO</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AB9SKC8"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-6787.69000000</valUSD>
        <pctVal>-0.00002924500</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BNP PARIBAS</counterpartyName>
              <counterpartyLei>R0MUWSFPU8MPRO8K5P83</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>MOROCCO GOVERNMENT INTERNATIONAL BOND</issuerName>
                <issueTitle>MOROCCO GOVERNMENT INTERNATIONAL BOND</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <isin value="XS1079233810"/>
                  <other otherDesc="SEDOL" value="BNFWVC0"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-485000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-11921.51000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CADILLAC FAIRVIEW PRP TR</name>
        <lei>N/A</lei>
        <title>Ontario Teachers' Cadillac Fairview Properties Trust</title>
        <cusip>68327LAD8</cusip>
        <identifiers>
          <isin value="US68327LAD82"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>358775.52000000</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>2031-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</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>CELLNEX FINANCE CO SA</name>
        <lei>549300OUROMFTRFA7T23</lei>
        <title>Cellnex Finance Co SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2300293003"/>
          <other otherDesc="SEDOL" value="BLH23Q2"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>3139634.94000000</valUSD>
        <pctVal>0.013527227922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dimensional US Equity Market ETF</name>
        <lei>549300TG4GW6UKRIBD35</lei>
        <title>Dimensional US Equity Market ETF</title>
        <cusip>25434V401</cusip>
        <identifiers>
          <isin value="US25434V4014"/>
          <ticker value="DFUS"/>
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        <balance>18661469.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1384121155.73000000</valUSD>
        <pctVal>5.963534838975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HCA INC</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA Inc</title>
        <cusip>404119CA5</cusip>
        <identifiers>
          <isin value="US404119CA57"/>
        </identifiers>
        <balance>640000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615607.88000000</valUSD>
        <pctVal>0.002652368273</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</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>HOLCIM FINANCE LUX SA</name>
        <lei>529900XU3Z9D2HLBR716</lei>
        <title>Holcim Finance Luxembourg SA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2261215011"/>
          <other otherDesc="SEDOL" value="BNDQ8K1"/>
        </identifiers>
        <balance>400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>407935.42000000</valUSD>
        <pctVal>0.001757604151</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-23</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Verizon Communications Inc</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc</title>
        <cusip>92343V104</cusip>
        <identifiers>
          <isin value="US92343V1044"/>
          <ticker value="VZ"/>
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        <balance>594973.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24233250.29000000</valUSD>
        <pctVal>0.104409813958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adyen NV</name>
        <lei>724500973ODKK3IFQ447</lei>
        <title>Adyen NV</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NL0012969182"/>
          <ticker value="ADYEN"/>
          <other otherDesc="SEDOL" value="BZ1HM42"/>
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        <balance>1862.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>31390MFQ2</cusip>
        <identifiers>
          <isin value="US31390MFQ24"/>
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        <balance>742.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>770.40000000</valUSD>
        <pctVal>0.000003319295</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</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>Heidelberg Materials AG</name>
        <lei>LZ2C6E0W5W7LQMX5ZI37</lei>
        <title>Heidelberg Materials AG</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DE0006047004"/>
          <ticker value="HEI"/>
          <other otherDesc="SEDOL" value="5120679"/>
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        <balance>4698.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1217989.59000000</valUSD>
        <pctVal>0.005247751125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CH Robinson Worldwide Inc</name>
        <lei>529900WNWN5L0OVDHA79</lei>
        <title>CH Robinson Worldwide Inc</title>
        <cusip>12541W209</cusip>
        <identifiers>
          <isin value="US12541W2098"/>
          <ticker value="CHRW"/>
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        <balance>28388.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4563654.88000000</valUSD>
        <pctVal>0.019662668081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CDS STATE OF QATAR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AEN7L98"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>5137.21000000</valUSD>
        <pctVal>0.000022133850</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>Qatar Government International Bond</issuerName>
                <issueTitle>STATE OF QATAR</issueTitle>
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                  <isin value="XS0113419690"/>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Parker-Hannifin Corp</name>
        <lei>5493002CONDB4N2HKI23</lei>
        <title>Parker-Hannifin Corp</title>
        <cusip>701094104</cusip>
        <identifiers>
          <isin value="US7010941042"/>
          <ticker value="PH"/>
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        <balance>28200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>24786672.00000000</valUSD>
        <pctVal>0.106794250924</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Expand Energy Corp</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>Expand Energy Corp</title>
        <cusip>165167735</cusip>
        <identifiers>
          <isin value="US1651677353"/>
          <ticker value="EXE"/>
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        <balance>18224.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2011200.64000000</valUSD>
        <pctVal>0.008665328923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Unilever PLC</name>
        <lei>549300MKFYEKVRWML317</lei>
        <title>Unilever PLC</title>
        <cusip>904767803</cusip>
        <identifiers>
          <isin value="US9047678035"/>
          <ticker value="UL"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Owens Corning</name>
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        <title>Owens Corning</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TechnipFMC PLC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BELLIS ACQUISITION CO PL</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EDISON INTERNATIONAL</name>
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          <isin value="US281020AX52"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bayview Opportunity Master Fun</name>
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        <name>Bank</name>
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        <name>Sempra</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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      <invstOrSec>
        <name>Macy's Inc</name>
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        <name>TOTALENERGIES SE</name>
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        <name>KINGDOM OF MOROCCO</name>
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        <title>Morocco Government International Bond</title>
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        <invCountry>MA</invCountry>
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        <name>iShares Core S&amp;P 500 ETF</name>
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        <title>iShares Core S&amp;P 500 ETF</title>
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          <ticker value="IVV"/>
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        <issuerCat>RF</issuerCat>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <name>LyondellBasell Industries NV</name>
        <lei>BN6WCCZ8OVP3ITUUVN49</lei>
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        <name>XPO INC</name>
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        <title>XPO Inc</title>
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        <name>JERSEY CENTRAL PWR &amp; LT</name>
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        <name>JAPAN (30 YEAR ISSUE)</name>
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        <title>Japan Government Thirty Year Bond</title>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>United Utilities Group PLC</name>
        <lei>2138002IEYQAOC88ZJ59</lei>
        <title>United Utilities Group PLC</title>
        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. LLC</name>
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          <ticker value="N/A"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ManpowerGroup Inc</name>
        <lei>ERO1WSFOSR0JJ6CRQ987</lei>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ICG US CLO Ltd</name>
        <lei>N/A</lei>
        <title>ICG US Clo 2021-1 Ltd</title>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-17</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Essity AB</name>
        <lei>549300G8E6YUVJ1DA153</lei>
        <title>Essity AB</title>
        <cusip>000000000</cusip>
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          <isin value="SE0009922164"/>
          <ticker value="ESSITYB"/>
          <other otherDesc="SEDOL" value="BF1K7P7"/>
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        <balance>72720.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Toyota Tsusho Corp</name>
        <lei>549300CEE2ENIUJNXB84</lei>
        <title>Toyota Tsusho Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3635000007"/>
          <ticker value="8015"/>
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        <balance>43700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Walmart Inc</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>Walmart Inc</title>
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          <ticker value="WMT"/>
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        <balance>457904.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANK GOSPODARSTWA KRAJOW</name>
        <lei>259400BCOV9JJIGLYF05</lei>
        <title>Bank Gospodarstwa Krajowego</title>
        <cusip>06237MAA1</cusip>
        <identifiers>
          <isin value="US06237MAA18"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267854.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-05-22</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>Prudential PLC</name>
        <lei>5493001Z3ZE83NGK8Y12</lei>
        <title>Prudential PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0007099541"/>
          <ticker value="PRU"/>
          <other otherDesc="SEDOL" value="0709954"/>
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        <balance>521644.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.74186727"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADT Inc</name>
        <lei>N/A</lei>
        <title>ADT Inc</title>
        <cusip>00090Q103</cusip>
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          <isin value="US00090Q1031"/>
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        <curCd>USD</curCd>
        <valUSD>8557428.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DP WORLD LTD UAE</name>
        <lei>549300M3U2DNF4QVSS04</lei>
        <title>DP World Ltd/United Arab Emirates</title>
        <cusip>000000000</cusip>
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          <isin value="XS1883878966"/>
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        <balance>1698000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Teradyne Inc</name>
        <lei>C3X4YJ278QNZHRJULN75</lei>
        <title>Teradyne Inc</title>
        <cusip>880770102</cusip>
        <identifiers>
          <isin value="US8807701029"/>
          <ticker value="TER"/>
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        <balance>14700.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2845332.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CDS REPUBLIC OF FRANCE</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="SWB8AEJF1X4"/>
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        <curCd>USD</curCd>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GPT Group/The</name>
        <lei>N/A</lei>
        <title>GPT Group/The</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000GPT8"/>
          <ticker value="GPT"/>
          <other otherDesc="SEDOL" value="6365866"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
        <cusip>53944YBB8</cusip>
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          <isin value="US53944YBB83"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK GOSPODARSTWA KRAJOW</name>
        <lei>259400BCOV9JJIGLYF05</lei>
        <title>Bank Gospodarstwa Krajowego</title>
        <cusip>000000000</cusip>
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          <isin value="XS2902087423"/>
          <other otherDesc="SEDOL" value="BRBTGP1"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834JB5</cusip>
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          <isin value="US912834JB55"/>
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        <balance>1120000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-08-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>Roku Inc</name>
        <lei>549300KR6ITU0YIR1T71</lei>
        <title>Roku Inc</title>
        <cusip>77543R102</cusip>
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          <isin value="US77543R1023"/>
          <ticker value="ROKU"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC Holdings LLC</title>
        <cusip>126307BD8</cusip>
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          <isin value="US126307BD80"/>
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        <balance>1550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>553446.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BIOCEANICO SOVEREIGN</name>
        <lei>N/A</lei>
        <title>Bioceanico Sovereign Certificate Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="USG11176AA54"/>
          <other otherDesc="SEDOL" value="BK8KJQ0"/>
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        <balance>1137009.28000000</balance>
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        <curCd>USD</curCd>
        <valUSD>928083.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-05</maturityDt>
          <couponKind>None</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dimensional Core Fixed Income ETF</name>
        <lei>549300UT5CL8M0JR7R22</lei>
        <title>Dimensional Core Fixed Income ETF</title>
        <cusip>25434V872</cusip>
        <identifiers>
          <isin value="US25434V8726"/>
          <ticker value="DFCF"/>
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        <balance>3280935.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>139636593.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NMABS Issuer I, LLC.</name>
        <lei>N/A</lei>
        <title>NMABS Issuer I LLC</title>
        <cusip>629174AA1</cusip>
        <identifiers>
          <isin value="US629174AA12"/>
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        <balance>681857.92000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>681023.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.14000000</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>SMYRNA READY MIX CONCRET</name>
        <lei>549300S7RFWHQFOIOY93</lei>
        <title>Smyrna Ready Mix Concrete LLC</title>
        <cusip>85236FAA1</cusip>
        <identifiers>
          <isin value="US85236FAA12"/>
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        <balance>1870000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1880256.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>DEUTSCHE BANK SECURITIES INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>CDS SULTANATE OF OMAN</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="SWB8AEHPQR0"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-7339.41000000</valUSD>
        <pctVal>-0.00003162210</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>DEUTSCHE BANK SECURITIES INC.</counterpartyName>
              <counterpartyLei>9J6MBOOO7BECTDTUZW19</counterpartyLei>
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              <otherRefInst>
                <issuerName>OMAN GOVERNMENT INTERNATIONAL BOND</issuerName>
                <issueTitle>OMAN GOVERNMENT INTERNATIONAL BOND</issueTitle>
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                  <cusip value="000000000"/>
                  <isin value="XS1405777589"/>
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            <swapFlag>Y</swapFlag>
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            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-500000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-7578.47000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BOOKING HOLDINGS INC</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
        <title>Booking Holdings Inc</title>
        <cusip>09857LBH0</cusip>
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          <isin value="XS3070032100"/>
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        <balance>800000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.12500000</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>Vestas Wind Systems A/S</name>
        <lei>549300DYMC8BGZZC8844</lei>
        <title>Vestas Wind Systems A/S</title>
        <cusip>000000000</cusip>
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          <isin value="DK0061539921"/>
          <ticker value="VWS"/>
          <other otherDesc="SEDOL" value="BN4MYF5"/>
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        <balance>109475.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="DKK" exchangeRt="6.35565000"/>
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        <pctVal>0.012757549671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COMCAST CORP</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>Comcast Corp</title>
        <cusip>20030NBT7</cusip>
        <identifiers>
          <isin value="US20030NBT72"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255679.98000000</valUSD>
        <pctVal>0.001101606215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>Crane Co</name>
        <lei>5493000CQRQOTHUODL75</lei>
        <title>Crane Co</title>
        <cusip>224408104</cusip>
        <identifiers>
          <isin value="US2244081046"/>
          <ticker value="CR"/>
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        <balance>62000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11434660.00000000</valUSD>
        <pctVal>0.049266636088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BONOS Y OBLIG DEL ESTADO</name>
        <lei>9598007A56S18711AH60</lei>
        <title>Spain Government Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0000012P33"/>
          <other otherDesc="SEDOL" value="BLDCJD5"/>
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        <balance>3675000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>4289657.60000000</valUSD>
        <pctVal>0.018482141132</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.20000000</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>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
        <cusip>53944YBC6</cusip>
        <identifiers>
          <isin value="US53944YBC66"/>
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        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>381794.66000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.08700000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>REPUBLIC OF CYPRUS</name>
        <lei>213800IOEYYAHPDLUL60</lei>
        <title>Cyprus Government International Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2105097393"/>
          <other otherDesc="SEDOL" value="BKWHP69"/>
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        <balance>2900000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <pctVal>0.010902672537</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC</title>
        <cusip>404280EM7</cusip>
        <identifiers>
          <isin value="US404280EM70"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>610276.74000000</valUSD>
        <pctVal>0.002629398868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>St Pauls CLO</name>
        <lei>635400LOBVY9OW2EI809</lei>
        <title>St Paul's CLO V DAC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2337082320"/>
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        <balance>5029671.24000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.76100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834EV6</cusip>
        <identifiers>
          <isin value="US912834EV64"/>
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        <balance>1125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>584033.44000000</valUSD>
        <pctVal>0.002516328684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CDS REPUBLIC OF FRANCE</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="SWB8AEJFMP8"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-4310.41000000</valUSD>
        <pctVal>-0.00001857155</pctVal>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
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                <issuerName>FRANCE (GOVT OF)</issuerName>
                <issueTitle>French Republic Government Bond OAT</issueTitle>
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                  <cusip value="000000000"/>
                  <isin value="FR0000187635"/>
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            <swapFlag>Y</swapFlag>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Otsuka Corp</name>
        <lei>529900RG9DJ58J3UIE72</lei>
        <title>Otsuka Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3188200004"/>
          <ticker value="4768"/>
          <other otherDesc="SEDOL" value="6267058"/>
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        <balance>199100.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
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        <pctVal>0.017676091734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Telia Co AB</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Broadcom Inc</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom Inc</title>
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          <ticker value="AVGO"/>
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        <curCd>USD</curCd>
        <valUSD>148502511.40000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Option One Mortgage Loan Trust</name>
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        <title>Option One Mortgage Accept Corp Asset Back Certs Ser 2003 5</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CROATIA</name>
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          <isin value="XS2309428113"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>HR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-03-04</maturityDt>
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      <invstOrSec>
        <name>Intuitive Surgical Inc</name>
        <lei>54930052SRG011710797</lei>
        <title>Intuitive Surgical Inc</title>
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          <isin value="US46120E6023"/>
          <ticker value="ISRG"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aptiv PLC</name>
        <lei>N/A</lei>
        <title>Aptiv PLC</title>
        <cusip>000000000</cusip>
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          <ticker value="APTV"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FRONTIER COMMUNICATIONS</name>
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        <title>Frontier Communications Holdings LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>AMERICAN EXPRESS CO</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co</title>
        <cusip>025816EK1</cusip>
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          <isin value="US025816EK11"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>259519.62000000</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>2033-07-20</maturityDt>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
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        <title>CDS NOMURA HOLDINGS INC</title>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CONCENTRA HEALTH SERVICE</name>
        <lei>984500GB84105F75DE32</lei>
        <title>Concentra Health Services Inc</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK</name>
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        <title>National Australia Bank Ltd</title>
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          <isin value="XS2758930569"/>
          <other otherDesc="SEDOL" value="BSMLR38"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CASSA DEPOSITI E PRESTIT</name>
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        <title>Cassa Depositi e Prestiti SpA</title>
        <cusip>147918AB2</cusip>
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          <isin value="US147918AB23"/>
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        <curCd>USD</curCd>
        <valUSD>1507795.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Procter &amp; Gamble Co/The</name>
        <lei>2572IBTT8CCZW6AU4141</lei>
        <title>Procter &amp; Gamble Co/The</title>
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          <ticker value="PG"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Ventas Inc</name>
        <lei>ORQTRC074CWLT3DKHT41</lei>
        <title>Ventas Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>VERISURE HOLDING AB</name>
        <lei>549300VQQCWGISM3N408</lei>
        <title>VERISURE HOLDING AB</title>
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        <invCountry>SE</invCountry>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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      <invstOrSec>
        <name>LEG Immobilien SE</name>
        <lei>391200SO40AKONBO0Z96</lei>
        <title>LEG Immobilien SE</title>
        <cusip>000000000</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FANUC Corp</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VIRGIN MEDIA SECURED FIN</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>EURO-OAT</title>
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          <ticker value="OATH6"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>HSBC SECURITIES (USA) INC.</name>
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        <name>GOLDMAN SACHS GROUP INC</name>
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      <invstOrSec>
        <name>TALLGRASS NRG PRTNR/FIN</name>
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        <title>Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp</title>
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        <name>GS Mortgage-Backed Securities</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Corteva Inc</name>
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        <name>FRONTIER COMMUNICATIONS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>McDonald's Corp</name>
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        <name>BONOS Y OBLIG DEL ESTADO</name>
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        <name>HEALTHPEAK OP LLC</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>CSC HOLDINGS LLC</name>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Sompo Holdings Inc</name>
        <lei>353800CWW4SRGEYEB512</lei>
        <title>Sompo Holdings Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3165000005"/>
          <ticker value="8630"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Shell PLC</name>
        <lei>21380068P1DRHMJ8KU70</lei>
        <title>Shell PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BP6MXD84"/>
          <ticker value="SHEL"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>CASSA DEPOSITI E PRESTIT</name>
        <lei>81560029E2CE4D14F425</lei>
        <title>Cassa Depositi e Prestiti SpA</title>
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          <isin value="US147918AC06"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Danske Bank A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
        <title>Danske Bank A/S</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="DK0010274414"/>
          <ticker value="DANSKE"/>
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        <balance>79007.00000000</balance>
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        <currencyConditional curCd="DKK" exchangeRt="6.35565000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BNY Capital Markets, LLC</name>
        <lei>VJW2DOOHGDT6PR0ZRO63</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2510310886285"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BNY Capital Markets, LLC</counterpartyName>
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            <amtCurSold>-1739624.57000000</amtCurSold>
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        <securityLending>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
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        <curCd>USD</curCd>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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                <issuerName>FED REPUBLIC OF BRAZIL</issuerName>
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                  <cusip value="105756CE8"/>
                  <isin value="US105756CE88"/>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
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            <terminationDt>2026-06-20</terminationDt>
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            <pmntCurCd>USD</pmntCurCd>
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            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>450000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-49.49000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES INC.</name>
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        <assetCat>DCR</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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                <issuerName>IHS MARKIT LTD</issuerName>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
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        <title>CDS PEOPLES REPUBLIC OF CHINA</title>
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        <balance>1.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>CHINA GOVERNMENT INTERNATIONAL BOND</issuerName>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>CDS DOMINICAN REPUBLIC</title>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>BNP PARIBAS SECURITIES CORP.</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BNP PARIBAS SECURITIES CORP.</counterpartyName>
              <counterpartyLei>RCNB6OTYUAMMP879YW96</counterpartyLei>
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            <amtCurSold>-2532784806.00000000</amtCurSold>
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            <unrealizedAppr>-11769.11000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>BP CURRENCY</title>
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        <identifiers>
          <ticker value="BPH6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG00ZKH3V91"/>
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        <curCd>USD</curCd>
        <valUSD>-68967.92000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO MERCANTILE EXCHANGE INC.</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>BRITISH POUND CURRENCY</issuerName>
                <issueTitle>BRITISH POUND CURRENCY</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
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            <expDate>2026-03-16</expDate>
            <notionalAmt>-7585269.58000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-68967.92000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>CDS REPUBLIC OF COLOMBIA</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="SWB8AEHPPX8"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>70456.20000000</valUSD>
        <pctVal>0.000303563023</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK AKTIENGESELLSCHAFT</counterpartyName>
              <counterpartyLei>7LTWFZYICNSX8D621K86</counterpartyLei>
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            <descRefInstrmnt>
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                <issuerName>REPUBLIC OF COLOMBIA</issuerName>
                <issueTitle>Colombia Government International Bond</issueTitle>
                <identifiers>
                  <cusip value="195325BB0"/>
                  <isin value="US195325BB02"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <terminationDt>2030-12-20</terminationDt>
            <upfrontPmnt>717.19000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-1500000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>69739.01000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CDS ISRAEL ELECTRIC CORP LTD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8ACQAFC2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2766.75000000</valUSD>
        <pctVal>0.000011920640</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>ISRAEL ELECTRIC CORP LTD</issuerName>
                <issueTitle>Israel Electric Corp Ltd</issueTitle>
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                  <cusip value="46507WAB6"/>
                  <isin value="US46507WAB63"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <terminationDt>2032-03-20</terminationDt>
            <upfrontPmnt>29561.76000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-800000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-26795.01000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CDS KINGDOM OF NORWAY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AETQA01"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-409.35000000</valUSD>
        <pctVal>-0.00000176369</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>NORWAY GOVERNMENT BOND</issuerName>
                <issueTitle>NORWAY GOVERNMENT BOND</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <isin value="NO0012440397"/>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.00000000"/>
            <otherPmntDesc fixedOrFloating="Other">Default Event</otherPmntDesc>
            <terminationDt>2026-12-20</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-434.47000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>900000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>25.12000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>CDS REPUBLIC OF SOUTH AFRICA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8ABJS4Z4"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-11670.74000000</valUSD>
        <pctVal>-0.00005028379</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</counterpartyName>
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            <descRefInstrmnt>
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                <issuerName>REPUBLIC OF SOUTH AFRICA</issuerName>
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                  <cusip value="836205AR5"/>
                  <isin value="US836205AR58"/>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <terminationDt>2028-12-20</terminationDt>
            <upfrontPmnt>92857.12000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>USD</curCd>
            <unrealizedAppr>-104527.86000000</unrealizedAppr>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BNY Capital Markets, LLC</name>
        <lei>VJW2DOOHGDT6PR0ZRO63</lei>
        <title>USD/GBP FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2510310886283"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-180798.30000000</valUSD>
        <pctVal>-0.00077897585</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <curPur>USD</curPur>
            <settlementDt>2026-01-22</settlementDt>
            <unrealizedAppr>-180798.30000000</unrealizedAppr>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
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        <identifiers>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-17704.74000000</valUSD>
        <pctVal>-0.00007628149</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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                  <isin value="FR0000189151"/>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.25000000"/>
            <otherPmntDesc fixedOrFloating="Other">Default Event</otherPmntDesc>
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            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-15958.34000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>855000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1746.40000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>CDS PEOPLES REPUBLIC OF CHINA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AEHPPR1"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-58454.07000000</valUSD>
        <pctVal>-0.00025185142</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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            <descRefInstrmnt>
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                  <isin value="US712219AG90"/>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
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            <upfrontPmnt>1075.78000000</upfrontPmnt>
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            <rcptCurCd>USD</rcptCurCd>
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            <curCd>USD</curCd>
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        <securityLending>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>CDS INDUSTRIAL &amp; COMMERCIAL BANK OF CHINA LTD/HONG KONG</title>
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        <curCd>USD</curCd>
        <valUSD>-17823.13000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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            <descRefInstrmnt>
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                <issuerName>INDUSTRIAL &amp; COMMERCIAL BANK OF CHINA LTD/HONG KONG</issuerName>
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                  <cusip value="000000000"/>
                  <isin value="XS2381043350"/>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
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            <upfrontPmnt>0.00000000</upfrontPmnt>
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            <upfrontRcpt>-4925.61000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>USD</curCd>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CDS REPUBLIC OF ITALY</title>
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        <payoffProfile>N/A</payoffProfile>
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        <derivativeInfo>
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            <descRefInstrmnt>
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                <issuerName>ITALY GOV'T INT BOND</issuerName>
                <issueTitle>Republic of Italy Government International Bond</issueTitle>
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                  <isin value="US465410CA47"/>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <otherPmntDesc fixedOrFloating="Other">Default Event</otherPmntDesc>
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            <upfrontPmnt>34999.87000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
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            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>1245000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>6417.66000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. LLC</name>
        <lei>9R7GPTSO7KV3UQJZQ078</lei>
        <title>EUR/USD FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512120378969"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-205485.56000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
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          <other otherDesc="ID_BB_GLOBAL" value="BBG00QFWY8R1"/>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO MERCANTILE EXCHANGE INC.</counterpartyName>
              <counterpartyLei>SNZ2OJLFK8MNNCLQOF39</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
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                <issuerName>THE SECURED OVERNIGHT FINANCING RATE</issuerName>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <curCd>USD</curCd>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <swapFlag>Y</swapFlag>
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            <curCd>USD</curCd>
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        <securityLending>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>SAUDI GOVERNMENT INTERNATIONAL BOND</issuerName>
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                  <cusip value="000000000"/>
                  <isin value="XS2747598444"/>
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            <swapFlag>Y</swapFlag>
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            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-2250000.00000000</notionalAmt>
            <curCd>USD</curCd>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <descRefInstrmnt>
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                <issuerName>FED REPUBLIC OF BRAZIL</issuerName>
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                  <cusip value="105756CE8"/>
                  <isin value="US105756CE88"/>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
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            <pmntCurCd>USD</pmntCurCd>
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            <rcptCurCd>USD</rcptCurCd>
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            <curCd>USD</curCd>
            <unrealizedAppr>36419.32000000</unrealizedAppr>
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        <securityLending>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>33001.42000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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                <issuerName>IVORY COAST</issuerName>
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            <swapFlag>Y</swapFlag>
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            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-500000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>32762.36000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
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        <descOthUnits>OTHER</descOthUnits>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                  <derivAddlInfo>
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                    <units>NC</units>
                    <curCd>USD</curCd>
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                    <issuerCat>CORP</issuerCat>
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                    <invOthCountry>US</invOthCountry>
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                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="THE SECURED OVERNIGHT FINANCING RATE" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
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                  <rcptCurCd>USD</rcptCurCd>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
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        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <swapFlag>Y</swapFlag>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
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        <assetCat>DCR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES LLC</name>
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        <payoffProfile>N/A</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
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        <balance>1.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <descRefInstrmnt>
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                <issuerName>PENERBANGAN MALAYSIA BHD</issuerName>
                <issueTitle>PENERBANGAN MALAYSIA BHD</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <isin value="USY6826RAA06"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
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            <upfrontPmnt>239.06000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
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            <notionalAmt>-500000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-14485.68000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS SECURITIES CORP.</name>
        <lei>RCNB6OTYUAMMP879YW96</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512180491422"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-123903.24000000</valUSD>
        <pctVal>-0.00053384148</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BNP PARIBAS SECURITIES CORP.</counterpartyName>
              <counterpartyLei>RCNB6OTYUAMMP879YW96</counterpartyLei>
            </counterparties>
            <amtCurSold>-14534995.44000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>25006581.39000000</amtCurPur>
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            <settlementDt>2026-01-22</settlementDt>
            <unrealizedAppr>-123903.24000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>CDS BARCLAYS PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AECA484"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>3294.90000000</valUSD>
        <pctVal>0.000014196192</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BARCLAYS PLC</issuerName>
                <issueTitle>Barclays PLC</issueTitle>
                <identifiers>
                  <cusip value="06738ECJ2"/>
                  <isin value="US06738ECJ29"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="EUR" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <otherPmntDesc fixedOrFloating="Other">Default Event</otherPmntDesc>
            <terminationDt>2026-06-20</terminationDt>
            <upfrontPmnt>2633.08000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>705000.00000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>661.82000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>CDS EMIRATE OF ABU DHABI</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AEHPN51"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-16722.83000000</valUSD>
        <pctVal>-0.00007205090</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK SECURITIES INC.</counterpartyName>
              <counterpartyLei>9J6MBOOO7BECTDTUZW19</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Abu Dhabi Government International Bond</issuerName>
                <issueTitle>ABU DHABI GOVT INT'L</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <isin value="XS1402929746"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <terminationDt>2030-12-20</terminationDt>
            <upfrontPmnt>239.06000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-500000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-16961.89000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>CDS ARAB REPUBLIC OF EGYPT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AEHPN85"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>36526.63000000</valUSD>
        <pctVal>0.000157376274</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK SECURITIES INC.</counterpartyName>
              <counterpartyLei>9J6MBOOO7BECTDTUZW19</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>EGYPT GOVERNMENT INTERNATIONAL BOND</issuerName>
                <issueTitle>EGYPT GOVERNMENT INTERNATIONAL BOND</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <isin value="XS1953057061"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <terminationDt>2030-12-20</terminationDt>
            <upfrontPmnt>239.06000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-500000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>36287.57000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>CDS BANK OF NOVA SCOTIA</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AEVRGX8"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4889.70000000</valUSD>
        <pctVal>0.000021067444</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>CITIBANK, NATIONAL ASSOCIATION</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>BANK OF NOVA SCOTIA</issuerName>
                <issueTitle>Bank of Nova Scotia/The</issueTitle>
                <identifiers>
                  <cusip value="06418JAA9"/>
                  <isin value="US06418JAA97"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <otherPmntDesc fixedOrFloating="Other">Default Event</otherPmntDesc>
            <terminationDt>2026-12-20</terminationDt>
            <upfrontPmnt>3971.81000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>571000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>917.89000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CDS REPUBLIC OF ITALY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8ABB7K49"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>-15863.38000000</valUSD>
        <pctVal>-0.00006834793</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BARCLAYS BANK PLC</counterpartyName>
              <counterpartyLei>G5GSEF7VJP5I7OUK5573</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>REPUBLIC OF ITALY GOVERNMENT INTERNATIONAL BOND</issuerName>
                <issueTitle>REPUBLIC OF ITALY GOVERNMENT INTERNATIONAL BOND</issueTitle>
                <identifiers>
                  <cusip value="000000000"/>
                  <other otherDesc="INTERNAL" value="465410AH1"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="EUR" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <terminationDt>2027-12-20</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>-9895.32000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-700000.00000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-5968.06000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>CDS REPUBLIC OF TURKIYE</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AEHPQN9"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>101557.10000000</valUSD>
        <pctVal>0.000437562348</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK SECURITIES INC.</counterpartyName>
              <counterpartyLei>9J6MBOOO7BECTDTUZW19</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>TURKEY GOVERNMENT INTERNATIONAL BOND</issuerName>
                <issueTitle>TURKEY GOVERNMENT INTERNATIONAL BOND</issueTitle>
                <identifiers>
                  <cusip value="900123AL4"/>
                  <isin value="US900123AL40"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">Default Event</otherRecDesc>
            <fixedPmntDesc amount="N/A" curCd="USD" fixedOrFloating="Fixed" fixedRt="1.00000000"/>
            <terminationDt>2030-12-20</terminationDt>
            <upfrontPmnt>1075.78000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-2250000.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>100481.32000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS NZD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8AE7JUV1"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="NZD" exchangeRt="1.73686495"/>
        <valUSD>27897.30000000</valUSD>
        <pctVal>0.000120196501</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
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              <counterpartyLei>213800O8SCO4XJGBU385</counterpartyLei>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="NZD" fixedOrFloating="Fixed" fixedRt="4.06750000"/>
            <floatingPmntDesc curCd="NZD" fixedOrFloating="Floating" floatingRtIndex="3 MONTH NEW ZEALAND BANK BILL RATE" floatingRtSpread="0.00000000" pmntAmt="-3540000.00000000">
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            <terminationDt>2035-07-31</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>3540000.00000000</notionalAmt>
            <curCd>NZD</curCd>
            <unrealizedAppr>27897.30000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS CHF</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8ADBVDY4"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CHF" exchangeRt="0.79210000"/>
        <valUSD>-18161.32000000</valUSD>
        <pctVal>-0.00007824868</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="CHF" fixedOrFloating="Fixed" fixedRt="0.37050000"/>
            <floatingPmntDesc curCd="CHF" fixedOrFloating="Floating" floatingRtIndex="SWISS AVERAGE RATE O/N INTRADAY VALUE" floatingRtSpread="0.00000000" pmntAmt="-730000.00000000">
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            <terminationDt>2034-12-13</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>730000.00000000</notionalAmt>
            <curCd>CHF</curCd>
            <unrealizedAppr>-18161.32000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS SEK</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="SWB8ABQVAC3"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="SEK" exchangeRt="9.20650000"/>
        <valUSD>87996.59000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="SEK" fixedOrFloating="Fixed" fixedRt="3.60000000"/>
            <floatingPmntDesc curCd="SEK" fixedOrFloating="Floating" floatingRtIndex="3 MONTH STOCKHOLM INTERBANK OFFERED RATES" floatingRtSpread="0.00000000" pmntAmt="-23000000.00000000">
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            <upfrontPmnt>38656.41000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>23000000.00000000</notionalAmt>
            <curCd>SEK</curCd>
            <unrealizedAppr>49340.18000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO. INTERNATIONAL PLC</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>UK CLEARING HOUSE LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
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        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
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        <derivativeInfo>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
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      <invstOrSec>
        <name>ROYAL BANK OF CANADA</name>
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        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>JP Morgan Chase Commercial Mor</name>
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        <name>Acciona SA</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>STRIPS</name>
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        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
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        <invCountry>FR</invCountry>
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        <name>VALE OVERSEAS LIMITED</name>
        <lei>254900BA3U6G5DNV5V04</lei>
        <title>Vale Overseas Ltd</title>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>FDJ UNITED</name>
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      <invstOrSec>
        <name>JPMorgan Chase &amp; Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Volkswagen AG</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>International Consolidated Air</name>
        <lei>959800TZHQRUSH1ESL13</lei>
        <title>International Consolidated Airlines Group SA</title>
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          <isin value="ES0177542018"/>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Government International Bond</title>
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          <isin value="XS3183160236"/>
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        <invCountry>CO</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMMERZBANK AG</name>
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          <isin value="DE000CZ45YV9"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Makita Corp</name>
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        <title>Makita Corp</title>
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          <isin value="JP3862400003"/>
          <ticker value="6586"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2018-WPT</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <title>CZK/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Pool</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>COMCAST CORP</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>Comcast Corp</title>
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        <name>VELOCITY VEHICLE GROUP</name>
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        <name>Invesco Euro CLO</name>
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        <title>Invesco Euro CLO I DAC</title>
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        <invCountry>IE</invCountry>
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        <name>PETROLEOS MEXICANOS</name>
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        <title>Petroleos Mexicanos</title>
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        <name>Barrow Hanley CLO I Ltd</name>
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        <name>Smith &amp; Nephew PLC</name>
        <lei>213800ZTMDN8S67S1H61</lei>
        <title>Smith &amp; Nephew PLC</title>
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        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>91282CNF4</cusip>
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        <name>ZF EUROPE FINANCE BV</name>
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        <name>Brunello Cucinelli SpA</name>
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        <name>United Rentals Inc</name>
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        <name>VONOVIA SE</name>
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        <name>LPL HOLDINGS INC</name>
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        <name>Freddie Mac</name>
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        <name>Advantest Corp</name>
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        <name>Carlyle Euro CLO</name>
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        <name>TURKCELL ILETISIM HIZMET</name>
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        <name>HSBC SECURITIES (USA) INC.</name>
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        <name>Bank of America, National Association</name>
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        <name>Bank5</name>
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        <name>IHS HOLDING LTD</name>
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        <name>Northrop Grumman Corp</name>
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        <name>CIVITAS RESOURCES INC</name>
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        <name>BARCLAYS PLC</name>
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        <name>GREENSAIF PIPELINES BIDC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FORTIVE CORPORATION</name>
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        <name>Intel Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MORGAN STANLEY</name>
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        <title>Morgan Stanley</title>
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        <name>DIAMOND SPORTS GRP LLC- WARRANTS</name>
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        <name>Unibail-Rodamco-Westfield</name>
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        <name>US TREASURY N/B</name>
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        <name>UNITED KINGDOM GILT</name>
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        <title>United Kingdom Gilt</title>
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        <name>MEDTRONIC INC</name>
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        <name>Monday.com Ltd</name>
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        <name>Greywolf CLO Ltd</name>
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        <name>ENERGY TRANSFER LP</name>
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        <name>iShares Russell 1000 Value ETF</name>
        <lei>549300KLSYN5NN4YNM90</lei>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AERCAP IRELAND CAP/GLOBA</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Novartis AG</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BECTON DICKINSON &amp; CO</name>
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          <isin value="XS2839004368"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>FREMF Mortgage Trust</name>
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        <title>FREMF 2019-K92 Mortgage Trust</title>
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          <isin value="US302973AG70"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>694849.34000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-05-25</maturityDt>
          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Barrow Hanley CLO I Ltd</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>eBay Inc</name>
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        <title>eBay Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HSBC HOLDINGS PLC</name>
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        <name>Walt Disney Co/The</name>
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        <name>STUDIO CITY FINANCE LTD</name>
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        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>Blackstone Inc</name>
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        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
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        <name>AES CORP/THE</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
        <title>AES Corp/The</title>
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        <name>UniCredit SpA</name>
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        <title>UniCredit SpA</title>
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        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
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        <name>Tokio Marine Holdings Inc</name>
        <lei>5299009QN2NZ191KLS29</lei>
        <title>Tokio Marine Holdings Inc</title>
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        <issuerCat>CORP</issuerCat>
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        <name>PayPal Holdings Inc</name>
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          <ticker value="PYPL"/>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                    <invOthCountry>US</invOthCountry>
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        <name>ANDORRA INTERNATIONAL BD</name>
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      <invstOrSec>
        <name>CIVITAS RESOURCES INC</name>
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      <invstOrSec>
        <name>DENTSPLY SIRONA Inc</name>
        <lei>9NHEHR1SOZCYXDO8HO28</lei>
        <title>DENTSPLY SIRONA Inc</title>
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          <ticker value="XRAY"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENTA CLO 3 DESIGNATED ACTIVIT</name>
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        <title>Penta CLO 3 DAC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2993870893"/>
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        <balance>4000000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-17</maturityDt>
          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>912810UD8</cusip>
        <identifiers>
          <isin value="US912810UD80"/>
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        <balance>97430000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>89559482.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
        <cusip>05565AM34</cusip>
        <identifiers>
          <isin value="US05565AM341"/>
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        <balance>1175000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1237933.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834PT9</cusip>
        <identifiers>
          <isin value="US912834PT99"/>
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        <balance>455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166207.22000000</valUSD>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SoftBank Group Corp</name>
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        <title>SoftBank Group Corp</title>
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          <ticker value="9984"/>
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        <invCountry>JP</invCountry>
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        <name>Regeneron Pharmaceuticals Inc</name>
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        <name>NRG Energy Inc</name>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <name>Sensata Technologies Holding P</name>
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      <invstOrSec>
        <name>General Motors Co</name>
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        <title>General Motors Co</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>FREEDOM MORTGAGE HOLD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CIVITAS RESOURCES INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SNCF RESEAU</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nassau Euro CLO DAC</name>
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          <isin value="XS2798985086"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Woodward Capital Management</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-05-25</maturityDt>
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      <invstOrSec>
        <name>Airbus SE</name>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sound Point CLO LTD</name>
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        <title>Sound Point CLO II Ltd</title>
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          <isin value="US83608GAN60"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-26</maturityDt>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Honda Motor Co Ltd</name>
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        <title>Honda Motor Co Ltd</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Barclays Commercial Mortgage S</name>
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      <invstOrSec>
        <name>Kroger Co/The</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Regatta XXIX Funding Ltd.</name>
        <lei>N/A</lei>
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        <balance>30000000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-06</maturityDt>
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      <invstOrSec>
        <name>Tenaris SA</name>
        <lei>549300Y7C05BKC4HZB40</lei>
        <title>Tenaris SA</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Diageo PLC</name>
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        <title>Diageo PLC</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <name>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>Post Holdings Inc</title>
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      <invstOrSec>
        <name>SBI Holdings Inc</name>
        <lei>353800L6LMHYIPSMRQ17</lei>
        <title>SBI Holdings Inc</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Caterpillar Inc</name>
        <lei>WRJR7GS4GTRECRRTVX92</lei>
        <title>Caterpillar Inc</title>
        <cusip>149123101</cusip>
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          <ticker value="CAT"/>
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        <name>ATLAS LUXCO 4 / ALL UNI</name>
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        <name>Barclays Commercial Mortgage S</name>
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        <name>Hilton Grand Vacations Trust</name>
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        <name>HYUNDAI CAPITAL AMERICA</name>
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        <name>IFF</name>
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        <title>Netflix Inc</title>
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        <name>Imperial Brands PLC</name>
        <lei>549300DFVPOB67JL3A42</lei>
        <title>Imperial Brands PLC</title>
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        <name>Sumitomo Mitsui Financial Grou</name>
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        <name>Galp Energia SGPS SA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BX Trust</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TREASURY CORP VICTORIA</name>
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          <other otherDesc="SEDOL" value="BJGSSF1"/>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AGENCE FRANCAISE DEVELOP</name>
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        <title>Agence Francaise de Developpement EPIC</title>
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          <isin value="FR0013431137"/>
          <other otherDesc="SEDOL" value="BKFHSM3"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Komatsu Ltd</name>
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        <title>Komatsu Ltd</title>
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          <isin value="JP3304200003"/>
          <ticker value="6301"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Babson CLO Ltd</name>
        <lei>254900C5SZMUI4ZDAJ86</lei>
        <title>Barings CLO Ltd 2025-III</title>
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          <isin value="US06764PAA57"/>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.38216000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>ALBERTSONS COS/SAFEWAY</name>
        <lei>N/A</lei>
        <title>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
        <cusip>3138ETWB8</cusip>
        <identifiers>
          <isin value="US3138ETWB84"/>
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        <balance>4844.86000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5049.80000000</valUSD>
        <pctVal>0.000021757241</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.79300000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Phoenix Financial Ltd</name>
        <lei>254900IUA68QTCFYHE30</lei>
        <title>Phoenix Financial Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="IL0007670123"/>
          <ticker value="PHOE"/>
          <other otherDesc="SEDOL" value="6460590"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UBS Securities LLC</name>
        <lei>T6FIZBDPKLYJKFCRVK44</lei>
        <title>PLN/USD FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2510200765704"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-23748.11000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Novo Nordisk A/S</name>
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        <title>Novo Nordisk A/S</title>
        <cusip>000000000</cusip>
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          <isin value="DK0062498333"/>
          <ticker value="NOVOB"/>
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        <currencyConditional curCd="DKK" exchangeRt="6.35565000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GCI LIBERTY INC</name>
        <lei>N/A</lei>
        <title>GCI LIBERTY INC ESCROW SHARE</title>
        <cusip>361ESC049</cusip>
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          <isin value="US361ESC0496"/>
          <ticker value="GLIBA"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834LX4</cusip>
        <identifiers>
          <isin value="US912834LX48"/>
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        <balance>29250000.00000000</balance>
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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>
        <debtSec>
          <maturityDt>2042-11-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>GEN DIGITAL INC</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>Gen Digital Inc</title>
        <cusip>668771AM0</cusip>
        <identifiers>
          <isin value="US668771AM05"/>
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        <balance>996000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1026197.62000000</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>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>REPUBLIC OF PANAMA</name>
        <lei>549300SHS4T08CL0LP14</lei>
        <title>Panama Government International Bond</title>
        <cusip>698299BL7</cusip>
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          <isin value="US698299BL70"/>
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        <balance>1025000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>677012.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-07-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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        <name>WESCO International Inc</name>
        <lei>529900TXOGREY3WNJ434</lei>
        <title>WESCO International Inc</title>
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          <isin value="US95082P1057"/>
          <ticker value="WCC"/>
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        <balance>42900.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>10495056.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Greywolf CLO Ltd</name>
        <lei>549300DX0ZYWEZ6TY764</lei>
        <title>Greywolf CLO II Ltd</title>
        <cusip>398079AW3</cusip>
        <identifiers>
          <isin value="US398079AW30"/>
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        <balance>2930000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2931167.31000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BROOKFIELD RESID PROPERT</name>
        <lei>N/A</lei>
        <title>Brookfield Residential Properties Inc / Brookfield Residential US LLC</title>
        <cusip>11283YAG5</cusip>
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          <isin value="US11283YAG52"/>
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        <balance>2165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2087319.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <name>BYD Co Ltd</name>
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        <name>Mirvac Group</name>
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        <name>BARCLAYS PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Palmer Square European CLO</name>
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        <name>SANTANDER UK GROUP HLDGS</name>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-01</maturityDt>
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        <name>PSF PGIM High Yield Bond Portfolio</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NEW GOLD INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Toll Brothers Inc</name>
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        <name>LKQ Corp</name>
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        <name>BENTELER INTERNATIONAL A</name>
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        <name>MORGAN STANLEY</name>
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        <title>Morgan Stanley</title>
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        <name>VMED O2 UK FINAN</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>Transurban Group</name>
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        <title>Transurban Group</title>
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        <name>REPUBLIC OF PANAMA</name>
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        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
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        <name>Japan Exchange Group Inc</name>
        <lei>353800578ADEGIJTVW07</lei>
        <title>Japan Exchange Group Inc</title>
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        <name>BUPA FINANCE PLC</name>
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      <invstOrSec>
        <name>UBS GROUP AG</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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          <isin value="US31418ER854"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-05-01</maturityDt>
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        <name>MCAFEE CORP</name>
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        <title>McAfee Corp</title>
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          <isin value="US579063AB46"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
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        <name>Ace Securities Corp.</name>
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          <isin value="US004421FD03"/>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>General Electric Co</name>
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        <title>General Electric Co</title>
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          <isin value="US3696043013"/>
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        <name>Schindler Holding AG</name>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FOUNDRY JV HOLDCO LLC</name>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <name>Nice Ltd</name>
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        <invCountry>IL</invCountry>
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        <name>Thales SA</name>
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        <title>Thales SA</title>
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        <name>US TREASURY N/B</name>
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        <name>BPIFRANCE SACA</name>
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        <name>Barclays Commercial Mortgage S</name>
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        <name>Takeda Pharmaceutical Co Ltd</name>
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        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>CZK/USD FORWARD</title>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae I Pool</title>
        <cusip>36296QY29</cusip>
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          <isin value="US36296QY297"/>
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        <balance>1276.59000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1281.09000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-05-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SC GAMES HOLDIN/US FINCO</name>
        <lei>N/A</lei>
        <title>Scientific Games Holdings LP/Scientific Games US FinCo Inc</title>
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          <isin value="US80874DAA46"/>
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        <balance>1065000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>946275.58000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-01</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>ARES CLO Ltd</name>
        <lei>N/A</lei>
        <title>Ares LVI CLO Ltd</title>
        <cusip>04018NBA8</cusip>
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          <isin value="US04018NBA81"/>
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        <balance>23800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23874741.52000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sandisk Corp/DE</name>
        <lei>N/A</lei>
        <title>Sandisk Corp/DE</title>
        <cusip>80004C200</cusip>
        <identifiers>
          <isin value="US80004C2008"/>
          <ticker value="SNDK"/>
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        <balance>30600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7263828.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dell Technologies Inc</name>
        <lei>549300TJB5YBRUPOG437</lei>
        <title>Dell Technologies Inc</title>
        <cusip>24703L202</cusip>
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          <isin value="US24703L2025"/>
          <ticker value="DELL"/>
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        <balance>62714.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7894438.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Rheinmetall AG</name>
        <lei>5299001OU9CSE29O6S05</lei>
        <title>Rheinmetall AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE0007030009"/>
          <ticker value="RHM"/>
          <other otherDesc="SEDOL" value="5334588"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Non Gold Pool</title>
        <cusip>3128QJQE9</cusip>
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          <isin value="US3128QJQE97"/>
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        <balance>160.78000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-01</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ESKOM HOLDINGS</name>
        <lei>3789001900ED06F65111</lei>
        <title>Eskom Holdings</title>
        <cusip>000000000</cusip>
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          <isin value="XS1864523300"/>
          <other otherDesc="SEDOL" value="BF2F610"/>
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        <balance>4800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4965000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.35000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T Inc</title>
        <cusip>00206RML3</cusip>
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          <isin value="US00206RML32"/>
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        <balance>720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>716275.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-03-25</maturityDt>
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          <annualizedRt>1.70000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DEUTSCHE BANK AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
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          <isin value="DE000DL19VT2"/>
          <other otherDesc="SEDOL" value="BMZ5JY0"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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      <invstOrSec>
        <name>CITIBANK, NATIONAL ASSOCIATION</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>PEN/USD FORWARD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512110590717"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Evonik Industries AG</name>
        <lei>41GUOJQTALQHLF39XJ34</lei>
        <title>Evonik Industries AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE000EVNK013"/>
          <ticker value="EVK"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VOLKSWAGEN INTL FIN NV</name>
        <lei>5299004PWNHKYTR23649</lei>
        <title>Volkswagen International Finance NV</title>
        <cusip>000000000</cusip>
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          <isin value="XS3071332962"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>N/A</maturityDt>
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      <invstOrSec>
        <name>Gecina SA</name>
        <lei>9695003E4MMA10IBTR26</lei>
        <title>Gecina SA</title>
        <cusip>000000000</cusip>
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          <isin value="FR0010040865"/>
          <ticker value="GFC"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="XS2815980664"/>
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        <balance>185000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-05-14</maturityDt>
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      <invstOrSec>
        <name>DANSKE BANK A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
        <title>Danske Bank A/S</title>
        <cusip>23636ABJ9</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-02</maturityDt>
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      <invstOrSec>
        <name>BPCE SA</name>
        <lei>9695005MSX1OYEMGDF46</lei>
        <title>BPCE SA</title>
        <cusip>05571AAV7</cusip>
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          <isin value="US05571AAV70"/>
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        <balance>2920000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.71600000</annualizedRt>
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      <invstOrSec>
        <name>ENGIE SA</name>
        <lei>LAXUQCHT4FH58LRZDY46</lei>
        <title>Engie SA</title>
        <cusip>000000000</cusip>
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          <isin value="FR001400F1G3"/>
          <other otherDesc="SEDOL" value="BPXYFF3"/>
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        <balance>900000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>Gen Digital Inc</name>
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        <name>BARCLAYS PLC</name>
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        <name>CREDIT AGRICOLE LONDON</name>
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        <name>UNITED RENTALS NORTH AM</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <name>US TREASURY N/B</name>
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        <name>BUONI POLIENNALI DEL TES</name>
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        <name>Towd Point Mortgage Trust</name>
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        <name>T Rowe Price Group Inc</name>
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        <name>DEUTSCHE BANK NY</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
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        <name>Ulta Beauty Inc</name>
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        <name>EG GLOBAL FINANCE PLC</name>
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        <name>GLENCORE CAP FIN DAC</name>
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        <title>Glencore Capital Finance DAC</title>
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        <name>Pearson PLC</name>
        <lei>2138004JBXWWJKIURC57</lei>
        <title>Pearson PLC</title>
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        <name>DANSKE BANK A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
        <title>Danske Bank A/S</title>
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        <name>Vista Point Securitization Tru</name>
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        <name>ARC Resources Ltd</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Neuberger Berman CLO Ltd</name>
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        <name>Freddie Mac</name>
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        <name>Vanguard Dividend Appreciation ETF</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ENERGY TRANSFER LP</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>MPT OPER PARTNERSP/FINL</name>
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        <name>Fannie Mae</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GEA Group AG</name>
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        <invCountry>DE</invCountry>
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        <name>SINGAPORE TELECOMMUNICAT</name>
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        <title>Singapore Telecommunications Ltd</title>
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        <name>SUN HUNG KAI PROP (CAP)</name>
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        <title>SUN HUNG KAI PROPERTIES CAPITAL MARKET LTD</title>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac Pool</title>
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        <name>ROCKWOOL A/S</name>
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        <name>CHILE ELECTRICITY LUX</name>
        <lei>N/A</lei>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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          <other otherDesc="INTERNAL" value="SWB8AEQ6DT2"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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            <putOrCall>Put</putOrCall>
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                  <derivAddlInfo>
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                    <invOthCountry>US</invOthCountry>
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                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="THE SECURED OVERNIGHT FINANCING RATE" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
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                  <rcptCurCd>USD</rcptCurCd>
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            <principalAmt>-75170000.00000000</principalAmt>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
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      <invstOrSec>
        <name>ASHTON WOODS USA/FINANCE</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF COLOMBIA</name>
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          <isin value="US195325CU73"/>
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        <curCd>USD</curCd>
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        <invCountry>CO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Boston Scientific Corp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ATI INC</name>
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        <title>ATI Inc</title>
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          <isin value="US01741RAN26"/>
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        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>659132.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>STATE OF ISRAEL</name>
        <lei>213800T8ZHTFZIBYPE21</lei>
        <title>Israel Government International Bond</title>
        <cusip>46514Y8A8</cusip>
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          <isin value="US46514Y8A80"/>
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        <balance>2423000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2505382.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Elbit Systems Ltd</name>
        <lei>529900Q9CB1REUMZSS32</lei>
        <title>Elbit Systems Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="IL0010811243"/>
          <ticker value="ESLT"/>
          <other otherDesc="SEDOL" value="6308913"/>
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        <balance>3621.00000000</balance>
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        <currencyConditional curCd="ILS" exchangeRt="3.18455000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
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          <isin value="US36202DUU35"/>
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        <balance>172.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180.12000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Terumo Corp</name>
        <lei>353800JX1R4582QVK932</lei>
        <title>Terumo Corp</title>
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          <isin value="JP3546800008"/>
          <ticker value="4543"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834MD7</cusip>
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          <isin value="US912834MD74"/>
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        <balance>1110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>474259.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>CITY OF VANCOUVER</name>
        <lei>549300WQBP3HPFWQXI92</lei>
        <title>City of Vancouver</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>CITIBANK, NATIONAL ASSOCIATION</name>
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        <balance>-3565000.00000000</balance>
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                    <invOthCountry>US</invOthCountry>
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        <name>JPMORGAN CHASE &amp; CO</name>
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      <invstOrSec>
        <name>Bank Leumi Le-Israel BM</name>
        <lei>7JDSZWRGUQY2DSTWCR57</lei>
        <title>Bank Leumi Le-Israel BM</title>
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          <ticker value="LUMI"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MARS INC</name>
        <lei>54930073HKEO6GZBSS03</lei>
        <title>Mars Inc</title>
        <cusip>571676BB0</cusip>
        <identifiers>
          <isin value="US571676BB09"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100868.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ZEGONA HOLDCO LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WESCO DISTRIBUTION INC</name>
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      <invstOrSec>
        <name>Dollar Tree Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TARGA RESOURCES CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NCL CORPORATION LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Nassau Euro CLO DAC</name>
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        <invCountry>IE</invCountry>
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        <name>JAPAN (30 YEAR ISSUE)</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank of America, National Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank5</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>MetLife Inc</name>
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        <name>Snam SpA</name>
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        <invCountry>IT</invCountry>
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        <name>Asahi Kasei Corp</name>
        <lei>353800GPI4Z3MGDGN142</lei>
        <title>Asahi Kasei Corp</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Shopify Inc</name>
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        <title>Shopify Inc</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <invCountry>GB</invCountry>
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        <name>FRANCE (GOVT OF)</name>
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        <title>French Republic Government Bond OAT</title>
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        <name>ECUADOR SOCIAL BOND SARL</name>
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        <title>Ecuador Social Bond Sarl</title>
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        <invCountry>LU</invCountry>

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        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
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        <valUSD>6134834.71000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX LP</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Fannie Mae</name>
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        <name>INTESA SANPAOLO SPA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>Intesa Sanpaolo SpA</title>
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        <name>MARS INC</name>
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        <name>Northwoods Capital Ltd</name>
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        <name>BNP PARIBAS SECURITIES CORP.</name>
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        <name>Morgan Stanley Capital I Trust</name>
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        <name>Fannie Mae</name>
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        <name>BRISTOL-MYERS SQUIBB CO</name>
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        <name>Sumitomo Electric Industries L</name>
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        <name>Engie SA</name>
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        <name>Idemitsu Kosan Co Ltd</name>
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        <name>Comcast Corp</name>
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        <name>BARCLAYS BANK PLC</name>
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        <name>Cheniere Energy Inc</name>
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        <name>Intercontinental Exchange Inc</name>
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        <name>HELVETIA EUROPE SA</name>
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        <name>REPUBLIC OF EL SALVADOR</name>
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        <name>Freddie Mac</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>AGRICUL DEV BANK CHINA</name>
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        <name>GOLDMAN SACHS GROUP INC</name>
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      <invstOrSec>
        <name>Enbridge Inc</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>Enbridge Inc</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INTESA SANPAOLO SPA</name>
        <lei>2W8N8UU78PMDQKZENC08</lei>
        <title>Intesa Sanpaolo SpA</title>
        <cusip>000000000</cusip>
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          <isin value="IT0005611550"/>
          <other otherDesc="SEDOL" value="BPLP5X6"/>
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        <balance>2300000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp</title>
        <cusip>68389XCU7</cusip>
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          <isin value="US68389XCU72"/>
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        <balance>103000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>83430.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nitto Denko Corp</name>
        <lei>3538009GX5P09USH2J25</lei>
        <title>Nitto Denko Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3684000007"/>
          <ticker value="6988"/>
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        <balance>13800.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TARGA RESOURCES CORP</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>Targa Resources Corp</title>
        <cusip>87612GAK7</cusip>
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          <isin value="US87612GAK76"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66610.16000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Digital Realty Trust Inc</name>
        <lei>549300HKCZ31D08NEI41</lei>
        <title>Digital Realty Trust Inc</title>
        <cusip>253868103</cusip>
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          <isin value="US2538681030"/>
          <ticker value="DLR"/>
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        <balance>10726.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1659419.46000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BP CAPITAL MARKETS PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP Capital Markets PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2193662728"/>
          <other otherDesc="SEDOL" value="BL57PQ3"/>
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        <balance>1360000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>N/A</maturityDt>
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          <annualizedRt>3.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Panasonic Holdings Corp</name>
        <lei>254900GE1G59KGWPHX32</lei>
        <title>Panasonic Holdings Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3866800000"/>
          <ticker value="6752"/>
          <other otherDesc="SEDOL" value="6572707"/>
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        <balance>289700.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>GBP/USD FORWARD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="MDJ2512230389132"/>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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        <securityLending>
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      <invstOrSec>
        <name>MONTREAL EXCHANGE INC.</name>
        <lei>549300DKBYNOI0B1NP44</lei>
        <title>CAN 5YR BOND</title>
        <cusip>000000000</cusip>
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          <ticker value="XQH6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01T0C9S98"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
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              <counterpartyName>MONTREAL EXCHANGE INC.</counterpartyName>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Ginnie Mae II Pool</title>
        <cusip>36202FBH8</cusip>
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          <isin value="US36202FBH82"/>
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        <balance>577.12000000</balance>
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        <curCd>USD</curCd>
        <valUSD>581.29000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834HV3</cusip>
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          <isin value="US912834HV38"/>
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        <balance>1120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>565180.10000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-15</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>FORD MOTOR CREDIT CO LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
        <title>Ford Motor Credit Co LLC</title>
        <cusip>345397G49</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Eternal Ltd</name>
        <lei>335800T4VOF9ETHF8W59</lei>
        <title>Eternal Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="INE758T01015"/>
          <ticker value="ETERNAL"/>
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        <assetCat>EC</assetCat>
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        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DANSKE BANK A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
        <title>Danske Bank A/S</title>
        <cusip>000000000</cusip>
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          <isin value="XS2715918020"/>
          <other otherDesc="SEDOL" value="BRJX8J3"/>
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        <balance>300000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>BNP Paribas SA</title>
        <cusip>05581KAH4</cusip>
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          <isin value="US05581KAH41"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>635135.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T Inc</title>
        <cusip>00206RNE8</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STMicroelectronics NV</name>
        <lei>213800Z8NOHIKRI42W10</lei>
        <title>STMicroelectronics NV</title>
        <cusip>000000000</cusip>
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          <isin value="NL0000226223"/>
          <ticker value="STMPA"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Lamb Weston Holdings Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nexon Co Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BNP PARIBAS SECURITIES CORP.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BNP Paribas SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DISH DBS CORP</name>
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        <name>Chevron Corp</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BELLIS ACQUISITION CO PL</name>
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        <title>Bellis Acquisition Co PLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DIAMOND SPORTS GRP LLC- CS</name>
        <lei>N/A</lei>
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          <ticker value="DSPORT"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>STRIPS</name>
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        <title>United States Treasury Strip Coupon</title>
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          <isin value="US912834QH43"/>
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        <balance>1615000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-15</maturityDt>
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        <name>PUGET SOUND ENERGY INC</name>
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        <title>Puget Sound Energy Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <balance>1451.69000000</balance>
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        <issuerCat>USGSE</issuerCat>
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        <name>QUEENSLAND TREASURY CORP</name>
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        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
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      <invstOrSec>
        <name>AppLovin Corp</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>AppLovin Corp</title>
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        <name>National Grid PLC</name>
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        <name>Check Point Software Technolog</name>
        <lei>2549003ZVBH73EPNS513</lei>
        <title>Check Point Software Technologies Ltd</title>
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        <name>RELX PLC</name>
        <lei>549300WSX3VBUFFJOO66</lei>
        <title>RELX PLC</title>
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        <name>Teleperformance SE</name>
        <lei>9695004GI61FHFFNRG61</lei>
        <title>Teleperformance SE</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FHLMC Multifamily Structured P</name>
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        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DISH DBS CORP</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ford Credit Floorplan Master O</name>
        <lei>5493001DTG5N7T8BG747</lei>
        <title>Ford Credit Floorplan Master Owner Trust A</title>
        <cusip>34528QHV9</cusip>
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          <isin value="US34528QHV95"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-05-15</maturityDt>
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      <invstOrSec>
        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX LP</title>
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          <isin value="US55336VAK61"/>
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        <balance>326000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>326162.47000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-01</maturityDt>
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        <name>Magnetite CLO Ltd</name>
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        <title>Magnetite Xlii Ltd</title>
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          <isin value="US55955XAA46"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BNP PARIBAS SECURITIES CORP.</name>
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        <title>EUR/SEK FORWARD</title>
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          <ticker value="N/A"/>
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        <assetCat>DFE</assetCat>
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      <invstOrSec>
        <name>WYNN MACAU LTD</name>
        <lei>254900NMDQ8ENTHU1I31</lei>
        <title>Wynn Macau Ltd</title>
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          <isin value="USG98149AE02"/>
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        <curCd>USD</curCd>
        <valUSD>247745.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-12-15</maturityDt>
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        <name>EMIRATES TELECOM GROUP</name>
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        <title>Emirates Telecommunications Group Co PJSC</title>
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        <invCountry>AE</invCountry>
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        <name>MPT OPER PARTNERSP/FINL</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BONOS Y OBLIG DEL ESTADO</name>
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        <title>Spain Government Bond</title>
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        <name>HD Hyundai Heavy Industries Co</name>
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        <title>HD Hyundai Heavy Industries Co Ltd</title>
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          <ticker value="329180"/>
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        <name>CSX Corp</name>
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        <name>AERCAP IRELAND CAP/GLOBA</name>
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        <name>AMGEN INC</name>
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        <title>Amgen Inc</title>
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        <name>DCP MIDSTREAM OPERATING</name>
        <lei>549300Y6CTBSE0QIPL28</lei>
        <title>DCP Midstream Operating LP</title>
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        <name>Public Storage</name>
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        <title>Public Storage</title>
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          <ticker value="PSA"/>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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      <invstOrSec>
        <name>Aqueduct European CLO</name>
        <lei>635400SCIIZBJOEMZP09</lei>
        <title>Aqueduct European CLO 10 DAC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2950715917"/>
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        <balance>13000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>15298741.14000000</valUSD>
        <pctVal>0.065915166026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.28400000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>GACI FIRST INVESTMENT</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
        <title>Gaci First Investment Co</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2585987683"/>
          <other otherDesc="SEDOL" value="BMXD0F4"/>
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        <balance>2560000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2586368.00000000</valUSD>
        <pctVal>0.011143457789</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-14</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>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BRIXMOR OPERATING PART</name>
        <lei>549300CJHBL7JBUA6503</lei>
        <title>Brixmor Operating Partnership LP</title>
        <cusip>11120VAJ2</cusip>
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          <isin value="US11120VAJ26"/>
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        <balance>394000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>388543.94000000</valUSD>
        <pctVal>0.001674055275</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>ECHOSTAR CORP</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>EchoStar Corp</title>
        <cusip>278768AC0</cusip>
        <identifiers>
          <isin value="US278768AC00"/>
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        <balance>11250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12425677.65000000</valUSD>
        <pctVal>0.053536470602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.75000000</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>Dai-ichi Life Holdings Inc</name>
        <lei>549300ZUFXI7JXZVTZ25</lei>
        <title>Dai-ichi Life Holdings Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3476480003"/>
          <ticker value="8750"/>
          <other otherDesc="SEDOL" value="B601QS4"/>
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        <balance>367700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="JPY" exchangeRt="156.64000000"/>
        <valUSD>3055796.20000000</valUSD>
        <pctVal>0.013166005753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GENERALITAT DE CATALUNYA</name>
        <lei>95980020140005848404</lei>
        <title>Autonomous Community of Catalonia</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS0522550580"/>
          <other otherDesc="SEDOL" value="BF2BLB3"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>690606.28000000</valUSD>
        <pctVal>0.002975501525</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.35000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>HELLENIC REPUBLIC</name>
        <lei>2138003EKTMKZ5598902</lei>
        <title>Hellenic Republic Government Bond</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GR0128016731"/>
          <other otherDesc="SEDOL" value="BK6L2S8"/>
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        <balance>9400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>9723427.32000000</valUSD>
        <pctVal>0.041893729704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.87500000</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>BMO Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BMO 2024-5C3 Mortgage Trust</title>
        <cusip>09660QAT1</cusip>
        <identifiers>
          <isin value="US09660QAT13"/>
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        <balance>760000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>787224.42000000</valUSD>
        <pctVal>0.003391784191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.73930000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>MPT OPER PARTNERSP/FINL</name>
        <lei>N/A</lei>
        <title>MPT Operating Partnership LP / MPT Finance Corp</title>
        <cusip>55342UAJ3</cusip>
        <identifiers>
          <isin value="US55342UAJ34"/>
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        <balance>280000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>234859.10000000</valUSD>
        <pctVal>0.001011898719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>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>SANTANDER UK GROUP HLDGS</name>
        <lei>549300F5XIFGNNW4CF72</lei>
        <title>Santander UK Group Holdings PLC</title>
        <cusip>80281LAX3</cusip>
        <identifiers>
          <isin value="US80281LAX38"/>
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        <balance>401000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>401191.28000000</valUSD>
        <pctVal>0.001728546786</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.32000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>AUSTRALIAN SECURITIES EXCHANGE TRADE24</name>
        <lei>N/A</lei>
        <title>AUST 10Y BOND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="XMH6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01X9T4DC7"/>
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        <balance>48.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.49846407"/>
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        <pctVal>0.000034402878</pctVal>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>AUSTRALIAN GOVERNMENT</issuerName>
                <issueTitle>Australia Government Bond</issueTitle>
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                  <cusip value="000000000"/>
                  <isin value="AU3TB0000143"/>
                  <other otherDesc="SEDOL" value="B8H46C4"/>
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            <expDate>2026-03-16</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gilead Sciences Inc</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>Gilead Sciences Inc</title>
        <cusip>375558103</cusip>
        <identifiers>
          <isin value="US3755581036"/>
          <ticker value="GILD"/>
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        <balance>179100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>21982734.00000000</valUSD>
        <pctVal>0.094713385112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ADIF ALTA VELOCIDAD</name>
        <lei>959800D5SDA4R1CG7K10</lei>
        <title>Adif Alta Velocidad</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ES0200002105"/>
          <other otherDesc="SEDOL" value="BQWR4G4"/>
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        <balance>700000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>833543.52000000</valUSD>
        <pctVal>0.003591351667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-31</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>
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      <invstOrSec>
        <name>BARCLAYS PLC</name>
        <lei>213800LBQA1Y9L22JB70</lei>
        <title>Barclays PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="XS2711945878"/>
          <other otherDesc="SEDOL" value="BPQCCQ4"/>
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        <balance>600000.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.74186727"/>
        <valUSD>860620.24000000</valUSD>
        <pctVal>0.003708012671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.09000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>HSBC Holdings PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings PLC</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GB0005405286"/>
          <ticker value="HSBA"/>
          <other otherDesc="SEDOL" value="0540528"/>
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        <balance>2278473.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.74186727"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EG GLOBAL FINANCE PLC</name>
        <lei>549300TL8Q5207VYET27</lei>
        <title>EG Global Finance PLC</title>
        <cusip>28228PAC5</cusip>
        <identifiers>
          <isin value="US28228PAC59"/>
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        <balance>3555000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3854650.95000000</valUSD>
        <pctVal>0.016607899631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>12.00000000</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>FHLMC Multifamily Structured P</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
        <cusip>3137BPW39</cusip>
        <identifiers>
          <isin value="US3137BPW390"/>
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        <balance>2617828.05000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2856.31000000</valUSD>
        <pctVal>0.000012306512</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.33452500</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>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>SPRINT CAPITAL CORP</name>
        <lei>549300L17W0GQBR1PO80</lei>
        <title>Sprint Capital Corp</title>
        <cusip>852060AT9</cusip>
        <identifiers>
          <isin value="US852060AT99"/>
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        <balance>1218000.00000000</balance>
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        <curCd>USD</curCd>
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        <name>Carrefour SA</name>
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        <name>ASHTON WOODS USA/FINANCE</name>
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        <name>Government National Mortgage A</name>
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        <name>Cognizant Technology Solutions</name>
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        <name>REALTY INCOME CORP</name>
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        <name>Mizuho Financial Group Inc</name>
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        <name>COOPERATIEVE RABOBANK UA</name>
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        <name>ArcelorMittal SA</name>
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        <name>SANTANDER UK GROUP HLDGS</name>
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        <name>BNP PARIBAS SECURITIES CORP.</name>
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        <name>Fannie Mae</name>
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        <name>Fannie Mae</name>
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        <name>Public Service Enterprise Grou</name>
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      <invstOrSec>
        <name>Madison Park Funding Ltd</name>
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        <name>CF INDUSTRIES INC</name>
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        <name>Alliant Energy Corp</name>
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        <name>CSL Ltd</name>
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        <name>3i Group PLC</name>
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        <name>INTESA SANPAOLO SPA</name>
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        <name>Government National Mortgage A</name>
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        <name>GFL ENVIRONMENTAL INC</name>
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        <name>PETROBRAS GLOBAL FINANCE</name>
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        <name>Lottery Corp Ltd/The</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>EMERSON ELECTRIC CO</name>
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        <name>PETROBRAS GLOBAL FINANCE</name>
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        <name>Western Digital Corp</name>
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        <title>Western Digital Corp</title>
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        <valUSD>17416497.00000000</valUSD>
        <pctVal>0.075039591875</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="16537920.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MONTREAL EXCHANGE INC.</name>
        <lei>549300DKBYNOI0B1NP44</lei>
        <title>CAN 10YR BOND</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="CNH6"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01T0C9NX2"/>
        </identifiers>
        <balance>43.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.37255000"/>
        <valUSD>-41040.40000000</valUSD>
        <pctVal>-0.00017682401</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>MONTREAL EXCHANGE INC.</counterpartyName>
              <counterpartyLei>549300DKBYNOI0B1NP44</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CANADIAN GOVERNMENT</issuerName>
                <issueTitle>CANADIAN GOVERNMENT BOND</issueTitle>
                <identifiers>
                  <cusip value="135087J39"/>
                  <isin value="CA135087J397"/>
                  <other otherDesc="SEDOL" value="BYQLD27"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2026-03-20</expDate>
            <notionalAmt>3720547.95000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-41040.40000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IQVIA INC</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQVIA Inc</title>
        <cusip>46266TAF5</cusip>
        <identifiers>
          <isin value="US46266TAF57"/>
        </identifiers>
        <balance>1005000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1059614.09000000</valUSD>
        <pctVal>0.004565384695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</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>Nasdaq Inc</name>
        <lei>549300L8X1Q78ERXFD06</lei>
        <title>Nasdaq Inc</title>
        <cusip>631103108</cusip>
        <identifiers>
          <isin value="US6311031081"/>
          <ticker value="NDAQ"/>
        </identifiers>
        <balance>152200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>14783186.00000000</valUSD>
        <pctVal>0.063693878514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Gold Pool</title>
        <cusip>31292HXN9</cusip>
        <identifiers>
          <isin value="US31292HXN96"/>
        </identifiers>
        <balance>104.43000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>106.19000000</valUSD>
        <pctVal>0.000000457523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ING GROEP NV</name>
        <lei>549300NYKK9MWM7GGW15</lei>
        <title>ING Groep NV</title>
        <cusip>456837BQ5</cusip>
        <identifiers>
          <isin value="US456837BQ51"/>
        </identifiers>
        <balance>550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>558075.32000000</valUSD>
        <pctVal>0.002404487208</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85800000</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>Cummins Inc</name>
        <lei>ZUNI8PYC725B6H8JU438</lei>
        <title>Cummins Inc</title>
        <cusip>231021106</cusip>
        <identifiers>
          <isin value="US2310211063"/>
          <ticker value="CMI"/>
        </identifiers>
        <balance>11000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5614950.00000000</valUSD>
        <pctVal>0.024192210201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUONI POLIENNALI DEL TES</name>
        <lei>815600DE60799F5A9309</lei>
        <title>Italy Buoni Poliennali Del Tesoro</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="IT0005635583"/>
          <other otherDesc="SEDOL" value="BSPR2Q1"/>
        </identifiers>
        <balance>1600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.85091899"/>
        <valUSD>1868597.33000000</valUSD>
        <pctVal>0.008050917530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85000000</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>TARGA RESOURCES CORP</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>Targa Resources Corp</title>
        <cusip>87612GAE1</cusip>
        <identifiers>
          <isin value="US87612GAE17"/>
        </identifiers>
        <balance>510000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>536914.29000000</valUSD>
        <pctVal>0.002313314163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.15000000</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>WHARF Commercial Mortgage Trus</name>
        <lei>N/A</lei>
        <title>WHARF Commercial Mortgage Trust 2025-DC</title>
        <cusip>92987LAA5</cusip>
        <identifiers>
          <isin value="US92987LAA52"/>
        </identifiers>
        <balance>166000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>170579.44000000</valUSD>
        <pctVal>0.000734947536</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.34948000</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>STRIPS</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Strip Coupon</title>
        <cusip>912834MM7</cusip>
        <identifiers>
          <isin value="US912834MM73"/>
        </identifiers>
        <balance>11945000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5030038.12000000</valUSD>
        <pctVal>0.021672096727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-15</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Fisher &amp; Paykel Healthcare Cor</name>
        <lei>N/A</lei>
        <title>Fisher &amp; Paykel Healthcare Corp Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="NZFAPE0001S2"/>
          <ticker value="FPH"/>
          <other otherDesc="SEDOL" value="6340250"/>
        </identifiers>
        <balance>179146.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="NZD" exchangeRt="1.73686495"/>
        <valUSD>3892293.70000000</valUSD>
        <pctVal>0.016770084748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>

      <explntrNote note="Securities Lending: The Fund lends its portfolio securities to banks and broker-dealers. The Fund has adopted a policy that requires any loan to be secured by collateral in excess of the market value of the securities loaned. Collateral pledged by each borrower is invested in an affiliated money market fund and is marked to market daily, based on the previous days market value. Due to timing differences between market value changes and collateral posting, reported values on this Form may show collateral amounts that are lower than the market value of the securities on loan. However, the Fund remains properly collateralized per its policy." noteItem="C.12.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-02-26</ncom:dateSigned>
      <ncom:nameOfApplicant>Advanced Series Trust</ncom:nameOfApplicant>
      <ncom:signature>Christian J. Kelly</ncom:signature>
      <ncom:signerName>Christian J. Kelly</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
