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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>SABIC CAPITAL II BV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ESKOM HLDGS LTD</name>
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        <name>ANHEUSER BUSCH INBEV SA NV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WEB COM GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OMAN SULTANATE</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <title>FHLG 20YR 3% 06/01/2033#K90806</title>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>CITGO PETROLEUM CORP</name>
        <lei>YX52P86PXMLYDOTUQ225</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>EXIDE TECHNOLOGIES</name>
        <lei>549300KITCGPNNNXQP63</lei>
        <title>EXIDE TECHNOLOGIES PIK 11% 10/31/2024 144A</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>3</fairValLevel>
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        <name>GEORGIAN OIL and GAS CORP JSC</name>
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        <name>INFRABUILD AUSTRALIA PTY LTD</name>
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          <isin value="US45682RAA86"/>
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        <curCd>USD</curCd>
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        <invCountry>AU</invCountry>
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        <name>PETROBRAS GLOBAL FINANCE BV</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BROADCOM INC</name>
        <lei>549300WV6GIDOZJTV909</lei>
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        <name>DEVELOPMENT BANK OF THE REPUBLIC OF BELARUS JSC</name>
        <lei>253400D4JRB0M70A0687</lei>
        <title>DEVELOPMENT BANK OF THE REPUBLIC OF BELARUS JSC 6.75% 05/02/2024 144A</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BY</invCountry>
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        <name>QATAR ST</name>
        <lei>52990074F6OJOAXK4P65</lei>
        <title>QATAR ST 3.75% 04/16/2030 144A</title>
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        <valUSD>2190600.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>SCIENTIFIC GAMES INTL INC</name>
        <lei>RLTHESQ0RNFQJWPBJN60</lei>
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          <isin value="US80874YBC30"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ASSUREDPARTNERS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NATIONWIDE BUILDING SOCIETY</name>
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        <cusip>N/A</cusip>
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          <isin value="XS1651453729"/>
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        <name>CHS/CMNTY HEALTH SYSTEMS INC</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <cusip>38375BNE8</cusip>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>QATAR ST</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ALTICE FING SA</name>
        <lei>549300DIYGW8HVDF7Q17</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>912828WY2</cusip>
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        <balance>1379000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1409812.03000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>DANSKE BANK A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
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        <identifiers>
          <isin value="XS1967697738"/>
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        <balance>1905000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <cusip>3128UGTL1</cusip>
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        <curCd>USD</curCd>
        <valUSD>6055.97000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.04420000</annualizedRt>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 6.50% 8/36 #888034</title>
        <cusip>31410FSX4</cusip>
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        <curCd>USD</curCd>
        <valUSD>11199.52000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
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        <name>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP</name>
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        <cusip>451102BZ9</cusip>
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        <curCd>USD</curCd>
        <valUSD>1515050.00000000</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>0.05250000</annualizedRt>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GNR 2011-H17 FA 1ML+53 6/61</title>
        <cusip>38375BML3</cusip>
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          <isin value="US38375BML35"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTN 1.625% 11/15/22</title>
        <cusip>912828TY6</cusip>
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        <curCd>USD</curCd>
        <valUSD>3707339.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01625000</annualizedRt>
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        <name>CHESAPEAKE ENERGY CORP</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>CHESAPEAKE ENERGY CORP 7% 10/01/2024</title>
        <cusip>165167DA2</cusip>
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          <isin value="US165167DA21"/>
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        <curCd>USD</curCd>
        <valUSD>9000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
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        <name>REALOGY GROUP LLC / REALOGY CO-ISSUER CORP</name>
        <lei>N/A</lei>
        <title>REALOGY GROUP LLC / REALOGY CO-ISSUER CORP 7.625% 06/15/2025 144A</title>
        <cusip>75606DAJ0</cusip>
        <identifiers>
          <isin value="US75606DAJ00"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 4% 03/20/2047#MA4322</title>
        <cusip>36179SYT8</cusip>
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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>
      <invstOrSec>
        <name>JAZZ PHARMACEUTICALS PLC</name>
        <lei>635400GAUMJCLEZRRV50</lei>
        <title>JAZZ PHARMA PLC</title>
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        <curCd>USD</curCd>
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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>SOUTHWESTERN ENERGY CO</name>
        <lei>EFWMP121W54QV9MGOP87</lei>
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        <cusip>845467AM1</cusip>
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          <isin value="US845467AM16"/>
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        <balance>1090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>954077.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
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      <invstOrSec>
        <name>EXIDE TECHNOLOGIES</name>
        <lei>549300KITCGPNNNXQP63</lei>
        <title>EXIDE TECHNOLOGIES PIK 11% 10/31/2024 144A</title>
        <cusip>302051BC0</cusip>
        <identifiers>
          <isin value="US302051BC03"/>
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        <balance>185848.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>83631.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2024-10-31</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>HUMANA INC</name>
        <lei>529900YLDW34GJAO4J06</lei>
        <title>HUMANA INC</title>
        <cusip>444859102</cusip>
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          <isin value="US4448591028"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1240800.00000000</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>WOLVERINE ESCROW LLC</name>
        <lei>N/A</lei>
        <title>WOLVERINE ESCROW LLC 9% 11/15/2026 144A</title>
        <cusip>97789LAB2</cusip>
        <identifiers>
          <isin value="US97789LAB27"/>
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        <balance>1245000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>815475.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TEVA PHARMACEUTICAL FIN CO BV</name>
        <lei>549300Q840R30TDKVK53</lei>
        <title>TEVA PHARMACEUT 2.95% 12/22</title>
        <cusip>88165FAG7</cusip>
        <identifiers>
          <isin value="US88165FAG72"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>241250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-18</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FORBES ENERGY SERVICES LLC</name>
        <lei>N/A</lei>
        <title>FORBES ENERGY SERVICES LLC TERM 16% PIK 04/13/2021</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="FESL"/>
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        <balance>67429.72000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67935.44000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-13</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.18000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UBER TECHNOLOGIES INC</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>UBER TECHNOLOGIES INC 8% 11/01/2026 144A</title>
        <cusip>90353TAC4</cusip>
        <identifiers>
          <isin value="US90353TAC45"/>
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        <balance>4260000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4336680.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</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>TRI POINTE HLDGS INC</name>
        <lei>N/A</lei>
        <title>WEYERHAEUSER REAL ESTATE CO 5.875% 06/15/2024</title>
        <cusip>962178AN9</cusip>
        <identifiers>
          <isin value="US962178AN91"/>
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        <balance>780000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>804936.60000000</valUSD>
        <pctVal>0.055334845735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
        <title>SAUDI ARABIA KINGDOM OF 2.9% 10/22/2025 144A</title>
        <cusip>80413TAS8</cusip>
        <identifiers>
          <isin value="US80413TAS87"/>
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        <balance>405000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>429300.00000000</valUSD>
        <pctVal>0.029511950722</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TURK SISE VE CAM FABRIKALARI</name>
        <lei>789000KWOK751Q6R8875</lei>
        <title>TURK SISE VE CAM FABRIKALARI 6.95% 03/14/2026 144A</title>
        <cusip>90016AAB6</cusip>
        <identifiers>
          <isin value="US90016AAB61"/>
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        <balance>120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>123900.00000000</valUSD>
        <pctVal>0.008517425330</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06950000</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>COMCEL TRUST</name>
        <lei>549300W3HHHYJSCDBJ77</lei>
        <title>COMCEL TRUST 6.875% 02/06/2024 144A</title>
        <cusip>200303AA3</cusip>
        <identifiers>
          <isin value="US200303AA32"/>
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        <balance>900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>920403.00000000</valUSD>
        <pctVal>0.063272508691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</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>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 6.50% 7/32 #545762</title>
        <cusip>31385JJF6</cusip>
        <identifiers>
          <isin value="US31385JJF66"/>
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        <balance>5817.27900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6721.09000000</valUSD>
        <pctVal>0.000462036983</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>0.06500000</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>PBF LOGISTICS LP/PBF LOGISTICS FIN CORP</name>
        <lei>N/A</lei>
        <title>PBF LOGISTICS LP/PBF LOGISTICS FIN CORP 6.875% 05/15/2023</title>
        <cusip>69318UAB1</cusip>
        <identifiers>
          <isin value="US69318UAB17"/>
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        <balance>435000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>418939.80000000</valUSD>
        <pctVal>0.028799745477</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>FX Forward: USD/EUR settle 2020-08-13</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="822554"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-7546.57000000</valUSD>
        <pctVal>-0.00051878407</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>CANADIAN IMPERIAL BANK OF COMMERCE</counterpartyName>
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            <amtCurPur>204997.91000000</amtCurPur>
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            <settlementDt>2020-08-13</settlementDt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRON MTN INC</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MTN INC 5.25% 07/15/2030 144A</title>
        <cusip>46284VAJ0</cusip>
        <identifiers>
          <isin value="US46284VAJ08"/>
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        <balance>585000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>572832.00000000</valUSD>
        <pctVal>0.039378965190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
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      <invstOrSec>
        <name>MCAFEE LLC</name>
        <lei>549300713UKUTLV9T378</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PATTERN ENERGY GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BERRY GLOBAL GROUP INC</name>
        <lei>549300G6KKUMMXM8NH73</lei>
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          <isin value="US08579W1036"/>
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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>NEXSTAR MEDIA GROUP INC</name>
        <lei>52990083ZRR5UT591988</lei>
        <title>NEXSTAR MEDIA GROUP INC A</title>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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        <name>KAISER ALUMINUM CORP</name>
        <lei>N/A</lei>
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          <isin value="US483007AJ91"/>
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        <balance>595000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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        <name>BBA US HOLDINGS INC</name>
        <lei>213800CSNQ87U1MC8N11</lei>
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          <isin value="US05545MAA09"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>225157.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NIGERIA REPUBLIC OF</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>NIGERIA GOVT 6.75 1/28/21 144A</title>
        <cusip>65412AAA0</cusip>
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          <isin value="US65412AAA07"/>
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        <curCd>USD</curCd>
        <valUSD>243225.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-28</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2010-118 PB 4.5% 10/40</title>
        <cusip>31398NUY8</cusip>
        <identifiers>
          <isin value="US31398NUY83"/>
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        <balance>145665.88300000</balance>
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        <curCd>USD</curCd>
        <valUSD>163333.51000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>N/A</lei>
        <title>FHR 2711 FC 1ML+90 2/33</title>
        <cusip>31394LYV8</cusip>
        <identifiers>
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        <balance>49561.27580000</balance>
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        <curCd>USD</curCd>
        <valUSD>50306.23000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.01084750</annualizedRt>
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      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>GSCM SWAP REC 1.27 03/18/2025</title>
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          <other otherDesc="Bloomberg" value="COSL2O02PJ"/>
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        <valUSD>-148491.30000000</valUSD>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="SWO">
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                    <name>GOLDMAN SACHS BANK USA</name>
                    <lei>KD3XUN7C6T14HNAYLU02</lei>
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                    <valUSD>N/A</valUSD>
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      <invstOrSec>
        <name>GOODRICH PETROLEUM CORP</name>
        <lei>5493000G2GU65EVWSF15</lei>
        <title>GOODRICH PETE CORP</title>
        <cusip>382410843</cusip>
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        <valUSD>30319.20000000</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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        <name>IAA INC</name>
        <lei>549300PZCOPC5178W747</lei>
        <title>IAA SPINCO INC 5.5% 06/15/2027 144A</title>
        <cusip>449253AB9</cusip>
        <identifiers>
          <isin value="US449253AB91"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>258445.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SOTHEBYS</name>
        <lei>549300P5BAAMQQ7VL735</lei>
        <title>SOTHEBYS TERM B 1LN 01/03/2027</title>
        <cusip>08883CAB4</cusip>
        <identifiers>
          <isin value="US08883CAB46"/>
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        <balance>603569.72600000</balance>
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        <curCd>USD</curCd>
        <valUSD>562327.81000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>ARGENTINA REPUBLIC OF</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>ARGENTINA REPUBLIC OF 5.625% 01/26/2022</title>
        <cusip>040114HK9</cusip>
        <identifiers>
          <isin value="US040114HK99"/>
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        <balance>2015000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>831187.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</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>QUEBECOR MEDIA INC</name>
        <lei>5493006O1E1TBNKPQW25</lei>
        <title>QUEBECOR MEDIA 5.75 1/23 WI</title>
        <cusip>74819RAP1</cusip>
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          <isin value="US74819RAP10"/>
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        <balance>790000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>827525.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>NRG ENERGY INC</name>
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        <name>CARRIZO OIL and GAS INC</name>
        <lei>6X88M1NLGKDIRGWMPT94</lei>
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        <cusip>144577AH6</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>BRINKS CO</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>BRINKS CO 4.625% 10/15/2027 144A</title>
        <cusip>109696AA2</cusip>
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        <balance>620000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COLOMBIA TELECOMUNICACIONES S A ESP</name>
        <lei>549300CK4YN0V1C3MN55</lei>
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        <name>ACPRODUCTS INC</name>
        <lei>N/A</lei>
        <title>ACPRODUCTS TERM 1LN 08/13/2025</title>
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          <couponKind>Variable</couponKind>
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        <name>YPF SOCIEDAD ANONIMA</name>
        <lei>5493003N7447U18U5U53</lei>
        <title>YPF SOCIEDAD ANONIMA 8.5% 06/27/2029 144A 144A</title>
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        <name>RADIOLOGY PARTNERS INC</name>
        <lei>549300SFTAG2177WUZ08</lei>
        <title>RADIOLOGY PARTNERS INC 9.25% 02/01/2028 144A</title>
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        <name>ACRISURE LLC / ACRISURE FINANCE INC</name>
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        <name>JPMORGAN CHASE and CO</name>
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        <name>MELCO RESORTS FIN LTD</name>
        <lei>529900NRV6LBR3T6B421</lei>
        <title>MELCO RESORTS FIN LTD 5.25% 04/26/2026 144A</title>
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        <valUSD>644382.32000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HONDURAS, REPUBLIC OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS MEXICANOS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TENET HEALTHCARE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KONDOR FINANCE PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
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        <name>US RENAL CARE INC</name>
        <lei>54930058SS5MF69JGN89</lei>
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        <name>LABL ESCROW ISSUER LLC</name>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>9128285V8</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>VIETNAM SOCIALIST REP</name>
        <lei>5493008AE7RS4XK4BZ08</lei>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>ALLISON TRANSMISSION INC</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>ALLISON TRANSMISSION INC 5.875% 06/01/2029 144A</title>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>UNITED MEX 5.75 10/12/2110</title>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
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          <annualizedRt>0.05750000</annualizedRt>
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        <name>CLEVELAND-CLIFFS INC</name>
        <lei>549300TM2WLI2BJMDD86</lei>
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        <cusip>18683KAM3</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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        <name>CONTINENTAL RESOURCES INC OKLA</name>
        <lei>XXRTID9RYWOZ0UPIVR53</lei>
        <title>CONTINENTAL RESOURCES INC OKLA 4.375% 01/15/2028</title>
        <cusip>212015AS0</cusip>
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        <curCd>USD</curCd>
        <valUSD>259664.90000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</annualizedRt>
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        <name>TRICER HOLDCO S.C.A.</name>
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        <title>TRICER HOLDCO S.C.A CLASS A3 PP</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <name>USIMINAS INTERNATIONAL SARL</name>
        <lei>529900KLYX6QPXVIVP43</lei>
        <title>USIMINAS INTERNATIONAL SARL 5.875% 07/18/2026 144A</title>
        <cusip>91734JAA8</cusip>
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          <isin value="US91734JAA88"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100237.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
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        <name>OCCIDENTAL PETROLEUM CORP</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>OCCIDENTAL PETROLEUM CORP 3.2% 08/15/2026</title>
        <cusip>674599CR4</cusip>
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          <isin value="US674599CR48"/>
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        <balance>50000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>40361.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 6.72% 8/37 #1N1651</title>
        <cusip>3128QHZQ6</cusip>
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        <curCd>USD</curCd>
        <valUSD>2765.18000000</valUSD>
        <pctVal>0.000190090509</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>Variable</couponKind>
          <annualizedRt>0.03595000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>GNMA GUARANTEED PASS THRU CERT</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <name>QATAR ST</name>
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        <name>OPEN TEXT CORPORATION</name>
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        <name>ENDEAVOR ENERGY RES L P / EER FIN INC</name>
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        <name>SOUTHWESTERN ENERGY CO</name>
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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>BAUSCH HEALTH COS INC</name>
        <lei>B3BS7ACMDUWISF18KY76</lei>
        <title>BAUSCH HEALTH COS INC</title>
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        <issuerCat>CORP</issuerCat>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>BUONI DEL TESORO POLIENNALI</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
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        <name>QORVO INC</name>
        <lei>254900YAUJV2EUEVBR11</lei>
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        <issuerCat>CORP</issuerCat>
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        <name>SUMMIT MATLS LLC / SUMMIT MATLS FIN CORP</name>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <issuerCat>UST</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
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        <cusip>38375UCB4</cusip>
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          <isin value="US38375UCB44"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>DYNASTY ACQUISITION CO INC</name>
        <lei>549300L1RCRPOAUCB870</lei>
        <title>STANDARDAERO TERM B-1 04/08/2026</title>
        <cusip>26812CAE6</cusip>
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        <curCd>USD</curCd>
        <valUSD>118291.85000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>BERMUDA GOVERNMENT OF</name>
        <lei>549300FP5PUZXX9FVJ40</lei>
        <title>BERMUDA GOVERNMENT OF 4.75% 02/15/2029 144A</title>
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        <curCd>USD</curCd>
        <valUSD>619437.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GEO GROUP INC NEW</name>
        <lei>5493003VOR6NTY465495</lei>
        <title>GEO GROUP INC 5.875% 10/15/2024</title>
        <cusip>36162JAA4</cusip>
        <identifiers>
          <isin value="US36162JAA43"/>
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        <balance>765000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>601060.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 1.5% 10/31/2024</title>
        <cusip>912828YM6</cusip>
        <identifiers>
          <isin value="US912828YM69"/>
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        <balance>280000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>295148.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
        <title>SAUDI ARABIA KINGDOM OF 4.625% 10/04/2047 144A</title>
        <cusip>80413TAF6</cusip>
        <identifiers>
          <isin value="US80413TAF66"/>
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        <balance>660000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>768900.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TRANSDIGM UK HOLDINGS PLC</name>
        <lei>549300JTYP71LZZSE903</lei>
        <title>TRANSDIGM UK HOLDINGS PLC 6.875% 05/15/2026</title>
        <cusip>89365DAB9</cusip>
        <identifiers>
          <isin value="US89365DAB91"/>
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        <balance>1805000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1678650.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHARLES RIVER LABS INTL INC</name>
        <lei>549300BSQ0R4UZ5KX287</lei>
        <title>CHARLES RIVER LABS INTL INC</title>
        <cusip>159864107</cusip>
        <identifiers>
          <isin value="US1598641074"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1046100.00000000</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>POSCO</name>
        <lei>988400E5HRVX81AYLM04</lei>
        <title>POSCO 4% 08/01/2023 144A</title>
        <cusip>693483AD1</cusip>
        <identifiers>
          <isin value="US693483AD11"/>
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        <balance>145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154996.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</annualizedRt>
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      <invstOrSec>
        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 0% 02/15/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001102499"/>
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        <balance>4420000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
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        <pctVal>0.357198401531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</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>
        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NAT MTG AS REMIC PT 18-77 FA 1ML+30 06/20/2048</title>
        <cusip>38380XLH8</cusip>
        <identifiers>
          <isin value="US38380XLH88"/>
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        <balance>507257.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>505341.30000000</valUSD>
        <pctVal>0.034739360689</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-06-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00490000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NAT MTG ASSN HECM 1.75% 03/20/2063</title>
        <cusip>38375BR38</cusip>
        <identifiers>
          <isin value="US38375BR384"/>
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        <balance>195824.59980000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196176.16000000</valUSD>
        <pctVal>0.013486003184</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</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>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIAN FEDN 8.15% 2/03/27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JS3W6"/>
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        <balance>35170000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="RUB" exchangeRt="71.16750000"/>
        <valUSD>569386.57000000</valUSD>
        <pctVal>0.039142111334</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08150000</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>AMAZON.COM INC</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMAZON.COM INC</title>
        <cusip>023135106</cusip>
        <identifiers>
          <isin value="US0231351067"/>
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        <balance>400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1103528.00000000</valUSD>
        <pctVal>0.075861318325</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>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP 5.125% 05/01/2025</title>
        <cusip>88033GCU2</cusip>
        <identifiers>
          <isin value="US88033GCU22"/>
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        <balance>305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>294389.05000000</valUSD>
        <pctVal>0.020237584758</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</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>TERRIER MEDIA BUYER INC</name>
        <lei>N/A</lei>
        <title>TERRIER MEDIA BUYER INC 8.875% 12/15/2027 144A</title>
        <cusip>88146LAA1</cusip>
        <identifiers>
          <isin value="US88146LAA17"/>
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        <balance>2160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2070900.00000000</valUSD>
        <pctVal>0.142362680530</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>JPMORGAN CHASE and CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE and CO</title>
        <cusip>46625H100</cusip>
        <identifiers>
          <isin value="US46625H1005"/>
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        <balance>10000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>940600.00000000</valUSD>
        <pctVal>0.064660938387</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>GNMA GUARANTEED PASS THRU CERT</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II 4.68% 2/62 #765177</title>
        <cusip>36176F2J6</cusip>
        <identifiers>
          <isin value="US36176F2J60"/>
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        <balance>376.08600000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>378.75000000</valUSD>
        <pctVal>0.000026036923</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-02-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04940000</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>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLOMBIA REPUBLIC OF 3.125% 04/15/2031</title>
        <cusip>195325DS1</cusip>
        <identifiers>
          <isin value="US195325DS19"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>248250.00000000</valUSD>
        <pctVal>0.017065785620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</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>SPRINGLEAF FINANCE CORPORATION</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>SPRINGLEAF FIN CRP MED TRM NTS 6.875% 03/15/2025</title>
        <cusip>85172FAM1</cusip>
        <identifiers>
          <isin value="US85172FAM14"/>
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        <balance>2580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2646918.75000000</valUSD>
        <pctVal>0.181960716788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 11/36 #995606</title>
        <cusip>31416CAF3</cusip>
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          <isin value="US31416CAF32"/>
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        <balance>763.71750000</balance>
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        <curCd>USD</curCd>
        <valUSD>798.04000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03744000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 06/01/2042#AO2244</title>
        <cusip>3138LSP61</cusip>
        <identifiers>
          <isin value="US3138LSP619"/>
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        <balance>6344.39670000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6599.07000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03051000</annualizedRt>
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      <invstOrSec>
        <name>ROTECH HEALTHCARE INC</name>
        <lei>549300N0KGF3DQ2YCT10</lei>
        <title>ROTECH HEALTHCARE INC</title>
        <cusip>778669200</cusip>
        <identifiers>
          <isin value="US7786692001"/>
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        <balance>6069.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>63178.29000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UNITED RENTALS INC</name>
        <lei>5323X5O7RN0NKFCDRY08</lei>
        <title>UNITED RENTALS INC</title>
        <cusip>911363109</cusip>
        <identifiers>
          <isin value="US9113631090"/>
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        <balance>14763.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2200277.52000000</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>AMERICA MOVIL SAB DE CV</name>
        <lei>5493000FNR3UCEAONM59</lei>
        <title>AMERICA MOVIL SAB 6.45 12/22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0860706935"/>
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        <balance>18930000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MXN" exchangeRt="22.98450000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-12-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06450000</annualizedRt>
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      <invstOrSec>
        <name>OSCHADBANK (SSB #1 PLC)</name>
        <lei>213800X3YF17XQS13O34</lei>
        <title>SSB NO.1 PLC STEP 03/10/2023 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1273034014"/>
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        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245775.00000000</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>2023-03-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09375000</annualizedRt>
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        <name>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
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        <cusip>88033GCY4</cusip>
        <identifiers>
          <isin value="US88033GCY44"/>
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        <balance>1625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1591622.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNITI GROUP LP / UNITI FIBER HOLDINGS INC / CSL CAPITAL LLC</name>
        <lei>N/A</lei>
        <title>UNITI GRP/UNITI HLD/CSL 7.875% 02/15/2025 144A</title>
        <cusip>91327AAA0</cusip>
        <identifiers>
          <isin value="US91327AAA07"/>
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        <balance>920000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>932208.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KOSMOS ENERGY LTD</name>
        <lei>213800YDFJ3OT9B5P157</lei>
        <title>KOSMOS ENERGY LTD 7.125% 04/04/2026 144A</title>
        <cusip>500688AC0</cusip>
        <identifiers>
          <isin value="US500688AC04"/>
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        <balance>1610000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1434912.50000000</valUSD>
        <pctVal>0.098642131356</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</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>HESS MIDSTREAM PARTNERS LP</name>
        <lei>N/A</lei>
        <title>HESS INFRASTRUCTURE PARTNERS LP / HESS INFRASTRUCTURE PARTNERS FIN CORP 5.625% 02/15/2026 144A</title>
        <cusip>428102AC1</cusip>
        <identifiers>
          <isin value="US428102AC14"/>
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        <balance>795000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>786644.55000000</valUSD>
        <pctVal>0.054077370593</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>0.05625000</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>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>N/A</lei>
        <title>FNR 2004-91 Z 5 12/34</title>
        <cusip>31394BZJ6</cusip>
        <identifiers>
          <isin value="US31394BZJ69"/>
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        <balance>137793.23740000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157088.04000000</valUSD>
        <pctVal>0.010798915666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>ULTRA PETROLEUM CORP</name>
        <lei>N/A</lei>
        <title>ULTRA PETROLEUM CORP WT 07/14/25</title>
        <cusip>903914117</cusip>
        <identifiers>
          <isin value="CA9039141176"/>
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        <balance>10710.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.11000000</valUSD>
        <pctVal>0.000000007561</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LEBANON REPUBLIC OF</name>
        <lei>529900QPC4K9S1KHL354</lei>
        <title>LEBANON REPUBLIC OF 6.375% 12/31/2049</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0493540297"/>
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        <balance>895000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>165575.00000000</valUSD>
        <pctVal>0.011382346240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EQM MIDSTREAM PARTNERS LP</name>
        <lei>549300NELT611CL6XM83</lei>
        <title>EQM MIDSTREAM PARTNERS LP 6.5% 07/01/2027 144A</title>
        <cusip>26885BAH3</cusip>
        <identifiers>
          <isin value="US26885BAH33"/>
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        <balance>670000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>686301.10000000</valUSD>
        <pctVal>0.047179325050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BOYD GAMING CORP</name>
        <lei>254900787YGRYS2A1Z35</lei>
        <title>BOYD GAMING CORP</title>
        <cusip>103304101</cusip>
        <identifiers>
          <isin value="US1033041013"/>
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        <balance>41400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>865260.00000000</valUSD>
        <pctVal>0.059481738836</pctVal>
        <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>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BANK OF AMERICA CORP 6.25%/VAR PERP</title>
        <cusip>060505EH3</cusip>
        <identifiers>
          <isin value="US060505EH35"/>
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        <balance>1410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1459448.70000000</valUSD>
        <pctVal>0.100328856549</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NETFLIX INC</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>NETFLIX INC 5.875% 11/15/2028</title>
        <cusip>64110LAT3</cusip>
        <identifiers>
          <isin value="US64110LAT35"/>
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        <balance>3265000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3718018.75000000</valUSD>
        <pctVal>0.255592793236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</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>ALLY FINL INC</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>ALLY FINANCIAL INC 8.0% 11/01/2031</title>
        <cusip>36186CBY8</cusip>
        <identifiers>
          <isin value="US36186CBY84"/>
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        <balance>16143000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20824957.36000000</valUSD>
        <pctVal>1.431598218990</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</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>FIRST QUANTUM MINERALS LTD</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>FIRST QUANTUM MINERALS LTD 7.25% 05/15/22 144A</title>
        <cusip>335934AH8</cusip>
        <identifiers>
          <isin value="US335934AH85"/>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>388901.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CONTINENTAL RESOURCES INC OKLA</name>
        <lei>XXRTID9RYWOZ0UPIVR53</lei>
        <title>CONTINENTAL RESOURCES INC OKLA 4.9% 06/01/2044</title>
        <cusip>212015AQ4</cusip>
        <identifiers>
          <isin value="US212015AQ46"/>
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        <balance>745000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>593206.25000000</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>2044-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04900000</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2.25% 03/31/2026</title>
        <cusip>9128286L9</cusip>
        <identifiers>
          <isin value="US9128286L99"/>
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        <balance>3329000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3684136.69000000</valUSD>
        <pctVal>0.253263592945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC 4.7%/VAR PERP</title>
        <cusip>172967MK4</cusip>
        <identifiers>
          <isin value="US172967MK42"/>
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        <balance>3805000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3373322.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GNR 2011-H12 FA 1ML+49 5/61</title>
        <cusip>38375BLS9</cusip>
        <identifiers>
          <isin value="US38375BLS96"/>
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        <balance>426495.23480000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>426180.91000000</valUSD>
        <pctVal>0.029297530898</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-02-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00793380</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>CATALENT PHARMA SOLUTIONS</name>
        <lei>549300HALRZ339MSTH85</lei>
        <title>CATALENT PHARMA SOLUTIONS INC 4.875% 01/15/2026 144A</title>
        <cusip>14879EAD0</cusip>
        <identifiers>
          <isin value="US14879EAD04"/>
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        <balance>205000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>208116.00000000</valUSD>
        <pctVal>0.014306799759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</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>CENTENE CORP DEL</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>CENTENE CORP 5.375% 06/01/2026 144A</title>
        <cusip>15137TAA8</cusip>
        <identifiers>
          <isin value="US15137TAA88"/>
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        <balance>1545000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1601639.70000000</valUSD>
        <pctVal>0.110103684840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</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>MOTORS LIQUIDATION COMPANY GUC TRUST</name>
        <lei>N/A</lei>
        <title>MOTORS LIQ CO GUC TR</title>
        <cusip>62010U101</cusip>
        <identifiers>
          <isin value="US62010U1016"/>
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        <balance>137.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>206.87000000</valUSD>
        <pctVal>0.000014221144</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>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 4% 07/47#MA4587</title>
        <cusip>36179TCY9</cusip>
        <identifiers>
          <isin value="US36179TCY91"/>
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        <balance>430128.73300000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>462435.66000000</valUSD>
        <pctVal>0.031789840229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04000000</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>NEON HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>NEON HOLDINGS INC 10.125% 04/01/2026 144A</title>
        <cusip>64051NAA1</cusip>
        <identifiers>
          <isin value="US64051NAA19"/>
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        <balance>635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>630237.50000000</valUSD>
        <pctVal>0.043325269144</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>N/A</lei>
        <title>FEDERAL HOME LN MTG MLT CTF GT 4135 AB 1.75% 06/15/2042</title>
        <cusip>3137AWAE5</cusip>
        <identifiers>
          <isin value="US3137AWAE53"/>
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        <balance>49788.43040000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51108.24000000</valUSD>
        <pctVal>0.003513402889</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</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>OMAN SULTANATE</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>OMAN GOVT 4.125% 01/17/2023 144A</title>
        <cusip>682051AG2</cusip>
        <identifiers>
          <isin value="US682051AG21"/>
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        <balance>180000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>176512.50000000</valUSD>
        <pctVal>0.012134237600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>OM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04125000</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2.5% 02/28/2026</title>
        <cusip>9128286F2</cusip>
        <identifiers>
          <isin value="US9128286F22"/>
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        <balance>7215000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8078263.49000000</valUSD>
        <pctVal>0.555334996605</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</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>LENNAR CORP</name>
        <lei>529900G61XVRLX5TJX09</lei>
        <title>LENNAR CORP 4.75% 11/29/2027</title>
        <cusip>526057CD4</cusip>
        <identifiers>
          <isin value="US526057CD41"/>
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        <balance>620000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>672700.00000000</valUSD>
        <pctVal>0.046244326231</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>ALFA BD ISSUANCE PLC</name>
        <lei>253400QWEQNERA6RJS29</lei>
        <title>ALFA BD ISSUANCE PLC 5.95%/VAR 04/15/2030 144A</title>
        <cusip>01538RAF6</cusip>
        <identifiers>
          <isin value="US01538RAF64"/>
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        <balance>205000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203206.25000000</valUSD>
        <pctVal>0.013969282172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05950000</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>VIRGIN MEDIA FINANCE PLC</name>
        <lei>2138001LVYC87DDHT482</lei>
        <title>VIRGIN MEDIA FINANCE PLC 5% 07/15/2030 144A</title>
        <cusip>92769VAJ8</cusip>
        <identifiers>
          <isin value="US92769VAJ89"/>
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        <balance>1385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1354128.35000000</valUSD>
        <pctVal>0.093088677236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>
        <name>TALEN ENERGY SUPPLY LLC</name>
        <lei>K5K33XN0PQAU1XF7NN66</lei>
        <title>TALEN ENERGY SUPPLY LLC 7.625% 06/01/2028 144A</title>
        <cusip>87422VAJ7</cusip>
        <identifiers>
          <isin value="US87422VAJ70"/>
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        <balance>675000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>675000.00000000</valUSD>
        <pctVal>0.046402438243</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07625000</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>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 30YR 6% 01/01/2035#787546</title>
        <cusip>31405E5F8</cusip>
        <identifiers>
          <isin value="US31405E5F88"/>
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        <balance>21529.63130000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25456.70000000</valUSD>
        <pctVal>0.001750004369</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>SIRIUS XM RADIO INC</name>
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        <name>GODADDY INC</name>
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        <name>TENNESSEE GAS PIPELINE CO</name>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>EG GLOBAL FINANCE PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GETTY IMAGES INC</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>ZIGGO BV</name>
        <lei>213800TQASLF9JXH5J59</lei>
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        <name>UNICREDIT SPA</name>
        <lei>549300TRUWO2CD2G5692</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <name>TRONOX INC</name>
        <lei>549300EPZ4YXC7E5P181</lei>
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        <name>TELECOM ARGENTINA SA</name>
        <lei>549300MKPIRSJD8SB782</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REGENERON PHARMACEUTICALS INC</name>
        <lei>549300RCBFWIRX3HYQ56</lei>
        <title>REGENERON PHARMACEUTICALS INC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>PTC INC</name>
        <lei>54930050SSMU8SKDJ030</lei>
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        <name>EGYPT, (ARAB) REP OF</name>
        <lei>529900GFIVH4086NMH82</lei>
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        <name>NCUA GTD NTS MASTER TR</name>
        <lei>N/A</lei>
        <title>NCUA GTD NTS MA 3.45% 6/12/21</title>
        <cusip>62889KAE1</cusip>
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        <issuerCat>USGA</issuerCat>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 6.36% 7/36 #1B7105</title>
        <cusip>3128QPH96</cusip>
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        <curCd>USD</curCd>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NAT MTG ASSN HECM 2.5% 05/20/2065</title>
        <cusip>38376REN2</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
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        <name>OCCIDENTAL PETROLEUM CORP</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>OCCIDENTAL PETROLEUM CORP 7.2% 03/15/2029</title>
        <cusip>674599DT9</cusip>
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        <curCd>USD</curCd>
        <valUSD>213600.00000000</valUSD>
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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>TV AZTECA SAB DE CV</name>
        <lei>549300H2ZXE4KL0NUV88</lei>
        <title>TV AZTECA SAB DE CV 8.25% 08/09/2024 REGS</title>
        <cusip>N/A</cusip>
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          <isin value="XS1662406468"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1045781.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PETROBRAS INTL FIN CO LTD</name>
        <lei>N/A</lei>
        <title>PETROBRAS INTL 6.875% 1/20/40</title>
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        <name>TENNESSEE VALLEY AUTHORITY</name>
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        <name>VICI PROPERTIES / NOTE</name>
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        <name>LABL ESCROW ISSUER LLC</name>
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        <name>CITIBANK, N.A.</name>
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        <name>TINKOFF CREDIT SYSTEMS VIA TCS FINANCE LTD</name>
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        <assetCat>EP</assetCat>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>LGI HOMES INC</name>
        <lei>549300W02B4WNV8CV109</lei>
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        <name>EL SALVADOR REPUBLIC OF</name>
        <lei>529900AKDMUSFSDOM949</lei>
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        <cusip>283875BZ4</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANCO MERCANTIL DEL NORTE SA GRAND CAYMAN BRH</name>
        <lei>549300QTVYRPFHS0J362</lei>
        <title>BANCO MERCANTIL DEL NORTE SA GRAND CAYMAN BRH 7.625%/VAR PERP 144A</title>
        <cusip>05962GAJ8</cusip>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PRIVATE EXPORT FUNDING CORP</name>
        <lei>CYQE6SAYPFKNQJ6FMH60</lei>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <name>MGM RESORTS INTERNATIONAL</name>
        <lei>54930066VBP7DZEGGJ87</lei>
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        <name>SENSATA TECHNOLOGIES BV</name>
        <lei>PUCKW5P5O3XMOZVH7T53</lei>
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        <curCd>USD</curCd>
        <valUSD>612202.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>CHARLES RIVER LABS INTL INC</name>
        <lei>549300BSQ0R4UZ5KX287</lei>
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        <cusip>159864AE7</cusip>
        <identifiers>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <curCd>USD</curCd>
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        <name>JORDAN KINGDOM OF</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
        <title>JORDAN KINGDOM OF 6.125% 01/29/2026 144A</title>
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        <curCd>USD</curCd>
        <valUSD>494528.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JO</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>NETFLIX INC</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>NETFLIX INC 4.375% 11/15/2026</title>
        <cusip>64110LAN6</cusip>
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        <curCd>USD</curCd>
        <valUSD>332854.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MERLIN ENTERTAINMENTS PLC</name>
        <lei>549300ZTI0VEFO6WV007</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CENTENE CORP DEL</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>CHOICE HOTELS INTL INC (NEW)</name>
        <lei>5493003CYRY5RFGTIR97</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CBOM FIN PLC</name>
        <lei>2534000R9X3PNNE57C55</lei>
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        <curCd>USD</curCd>
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        <invCountry>IE</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>31411KKH5</cusip>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>STARFRUIT FINCO B V / STARFRUIT US HOLDCO LLC</name>
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        <name>U.S AWYS 2011-1 PASS THRU TR</name>
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        <name>CIGNA CORP</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>CIGNA CORP</title>
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        <name>UNITED KINGDOM,G.B. and N.IRELAND</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DELTA AIR INC DEL PASS THRU TR</name>
        <lei>N/A</lei>
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        <name>PAKISTAN, ISLAMIC REP OF</name>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>JAMAICA GOVT OF</name>
        <lei>N/A</lei>
        <title>JAMAICA 8% 3/14/39</title>
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        <name>CALIFORNIA RESOURCES CORPORATION</name>
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        <title>CALIFORNIA RESOURCES TERM 1 1/2LN 12/31/21</title>
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        <name>OCCIDENTAL PETROLEUM CORP</name>
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        <name>NATIONAL AUSTRALIA BANK LTD</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 3.228% 7/41#AI3469</title>
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        <name>CASCADES INC/USA INC</name>
        <lei>FPD41G4F3GH7OJ38TS94</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CONNECT FINCO SARL</name>
        <lei>2594001KNYIQ456J2792</lei>
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          <isin value="XAL2000DAC82"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>VIETNAM SOCIALIST REP</name>
        <lei>5493008AE7RS4XK4BZ08</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>TRIVIUM PACKAGING FINANCE BV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIBANK, N.A.</name>
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        <name>DTEK FINANCE PLC</name>
        <lei>549300VBCR9V58ZYQ356</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NGL ENERGY PARTNERS LP / NGL ENERGY FIN CORP</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>TURK TELEKOMUNIKASYON</name>
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        <cusip>90011QAC4</cusip>
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        <name>INTELSAT JACKSON HLDGS S A</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SABRE GLBL INC</name>
        <lei>F2TJC7HPPHLHU1AQMP98</lei>
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        <name>CHESAPEAKE ENERGY CORP</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
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        <name>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PACIFIC GAS AND ELECTRIC CO (PVT BACKSTOP) RT 8/29/2020</title>
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        <name>HEINEKEN NV</name>
        <lei>724500K5PTPSST86UQ23</lei>
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        <name>ENERGY TRANSFER OPERATING MLP</name>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <title>FHLM ARM 5.82% 6/37 #1N1614</title>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
        <title>FX Forward: NOK/USD settle 2020-08-13</title>
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        <curCd>N/A</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DP WORLD CRESCENT LTD</name>
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        <name>COMMERCIAL METALS CO</name>
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        <name>GENESIS ENERGY LP/ FIN CORP</name>
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        <name>TERRAFORM POWER OPERATING LLC</name>
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        <name>REPUBLIC OF ARMENIA</name>
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        <name>TURKIYE GARANTI BANKASI AS</name>
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        <name>MSCI INC</name>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>NATIONAL AUSTRALIA BANK LTD</name>
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      <invstOrSec>
        <name>GOLD FIELDS OROGEN HLDG BVI LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <fairValLevel>2</fairValLevel>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>ODEBRECHT FINANCE LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>QATAR ST</name>
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        <name>Fidelity Revere Street Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FORBES ENERGY SVCS LTD</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <title>FHLG 20YR 3% 11/01/2033#G30872</title>
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        <name>JAMES HARDIE INTL FIN LTD</name>
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        <name>ESKOM HLDGS LTD</name>
        <lei>3789001900ED06F65111</lei>
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        <name>CITIBANK, N.A.</name>
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        <name>ODEBRECHT FINANCE LTD</name>
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        <name>ESAL GMBH</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>HOLLY EN PART LP/ HOL FIN CORP</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
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        <name>UST NOTES</name>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
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        <name>JAMES HARDIE INTL FIN LTD</name>
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      <invstOrSec>
        <name>DYNASTY ACQUISITION CO INC</name>
        <lei>549300L1RCRPOAUCB870</lei>
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        <name>FIRST QUANTUM MINERALS LTD</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
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        <identifiers>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WEB COM GROUP INC</name>
        <lei>254900QSA9ZIGO5F5S30</lei>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>US SHIPPING PARTNERS CORP</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <name>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <name>SABERT CORPORATION</name>
        <lei>54930029JPYBTHDWT603</lei>
        <title>SABERT TERM B 1LN 12/10/2026</title>
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          <isin value="US78516EAB83"/>
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        <curCd>USD</curCd>
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        <name>VALEANT PHARMACEUTICALS INTL INC</name>
        <lei>KOO0397YRO83WY5MGD97</lei>
        <title>VALEANT PHARMACEUTICALS TERM B INCR 06/1/2025</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Variable</couponKind>
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        <name>CARNIVAL CORPORATION</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
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          <isin value="US143658BC57"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ASGN INC</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>ASGN INC 4.625% 05/15/2028 144A</title>
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        <identifiers>
          <isin value="US00191UAA07"/>
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        <balance>510000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>498076.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>TRANSOCEAN INC</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>TRANSOCEAN INC 7.5% 01/15/2026 144A</title>
        <cusip>893830BF5</cusip>
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          <isin value="US893830BF55"/>
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        <curCd>USD</curCd>
        <valUSD>351525.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2.25% 04/30/2021</title>
        <cusip>912828WG1</cusip>
        <identifiers>
          <isin value="US912828WG10"/>
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        <balance>1350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1373255.86000000</valUSD>
        <pctVal>0.094403585534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAUDI ARABIAN OIL COMPANY</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>SAUDI ARABIAN OIL CO 4.25% 04/16/2039 144A</title>
        <cusip>80414L2E4</cusip>
        <identifiers>
          <isin value="US80414L2E48"/>
        </identifiers>
        <balance>930000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1039275.00000000</valUSD>
        <pctVal>0.071444287415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP</name>
        <lei>N/A</lei>
        <title>ICAHN ENTERPRISES LP/FIN CORP 6.25% 05/15/2026</title>
        <cusip>451102BT3</cusip>
        <identifiers>
          <isin value="US451102BT32"/>
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        <balance>1290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1291780.20000000</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>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>JBS USA LLC / JBS USA FIN INC</name>
        <lei>N/A</lei>
        <title>JBS USA LLC / JBS USA FIN INC 6.75% 02/15/2028 144A</title>
        <cusip>472141AA8</cusip>
        <identifiers>
          <isin value="US472141AA82"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>977040.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTB 6.25% 8/15/23</title>
        <cusip>912810EQ7</cusip>
        <identifiers>
          <isin value="US912810EQ77"/>
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        <balance>2249000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2674552.97000000</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>2023-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 0.125% 05/31/2022</title>
        <cusip>912828ZR4</cusip>
        <identifiers>
          <isin value="US912828ZR48"/>
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        <balance>7475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7469452.13000000</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>2022-05-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00125000</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>ALLISON TRANSMISSION INC</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>ALLISON TRANSMISSION INC 5% 10/01/2024 144A</title>
        <cusip>019736AD9</cusip>
        <identifiers>
          <isin value="US019736AD97"/>
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        <balance>635000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>633412.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC</name>
        <lei>N/A</lei>
        <title>ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC 4.625% 01/15/2027 144A</title>
        <cusip>013092AC5</cusip>
        <identifiers>
          <isin value="US013092AC57"/>
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        <balance>865000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>865000.00000000</valUSD>
        <pctVal>0.059463865304</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</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>SS and C TECHNOLOGIES HLDGS INC</name>
        <lei>529900POY8H7NPPNKK71</lei>
        <title>SS and C TECHNOLOGIES HOLDINGS INC</title>
        <cusip>78467J100</cusip>
        <identifiers>
          <isin value="US78467J1007"/>
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        <balance>17308.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>977555.84000000</valUSD>
        <pctVal>0.067201443696</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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      <invstOrSec>
        <name>CRESTWOOD MIDSTREAM PARTNERS LP/CRESTWOOD MIDSTREAM FIN CORP</name>
        <lei>N/A</lei>
        <title>CRESTWOOD MIDSTRM PTN/FIN CORP 5.75% 04/01/2025</title>
        <cusip>226373AP3</cusip>
        <identifiers>
          <isin value="US226373AP35"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>215942.50000000</valUSD>
        <pctVal>0.014844827437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LAM RESEARCH CORP</name>
        <lei>549300I4GMO6D34U1T02</lei>
        <title>LAM RESEARCH CORP</title>
        <cusip>512807108</cusip>
        <identifiers>
          <isin value="US5128071082"/>
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        <balance>5500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1779030.00000000</valUSD>
        <pctVal>0.122298266234</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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      <invstOrSec>
        <name>DELTA MERLIN DUNIA TEKSTIL PT</name>
        <lei>2549006VVY3FDMC5ZG55</lei>
        <title>DELTA MERLIN DUNIA TEKSTIL PT 8.625% 03/12/2024 144A</title>
        <cusip>69374VAA2</cusip>
        <identifiers>
          <isin value="US69374VAA26"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22062.50000000</valUSD>
        <pctVal>0.001516672287</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08625000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
        <title>US 10YR NOTE FUT (CBT)SEP20 TYU0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYU0"/>
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        <balance>150.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>41870.25000000</valUSD>
        <pctVal>0.002878343244</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <issuerName>UST NOTES</issuerName>
                <issueTitle>UNDERLYING TREASURY 10 YR NOTEGENERIC IV FOR FUTURES TRADING</issueTitle>
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      <invstOrSec>
        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BOAM SWAP PAY 1.92 01/08/25</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Bloomberg" value="COSL2O02MX"/>
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        <curCd>USD</curCd>
        <valUSD>-47194.40000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                    <lei>B4TYDEB6GKMZO031MB27</lei>
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                    <cusip>N/A</cusip>
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                      <other otherDesc="Internal" value="FFB491000"/>
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                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
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                    <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TAYLOR MORRISON CMNTYS INC / MONARCH CMNTYS INC</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>TAYLOR MORRISON CMNTY/ MONARCH 5.625% 03/01/2024 144A</title>
        <cusip>877249AD4</cusip>
        <identifiers>
          <isin value="US877249AD49"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66625.00000000</valUSD>
        <pctVal>0.004580092515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GNMA GUARANTEED PASS THRU CERT</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II 5.47% 8/59 #725598</title>
        <cusip>3620ACDB7</cusip>
        <identifiers>
          <isin value="US3620ACDB77"/>
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        <balance>422.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>439.93000000</valUSD>
        <pctVal>0.000030242703</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JBS SA</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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      <invstOrSec>
        <name>BWX TECHNOLOGIES INC</name>
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        <name>SENEGAL REPUBLIC OF</name>
        <lei>549300NP14ZLQGWIUZ97</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC</name>
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        <cusip>68245XAE9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AZUL INVESTMENTS LLP</name>
        <lei>549300C6XNC8IDH04C74</lei>
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        <cusip>05502FAA6</cusip>
        <identifiers>
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        <balance>945000.00000000</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>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>VERTIV GROUP CORP</name>
        <lei>549300ZT8RQ5VK10E643</lei>
        <title>VERTIV TERM B 1LN 03/02/2027</title>
        <cusip>92537EAB4</cusip>
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        <balance>1780537.50000000</balance>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-03-02</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>SAUDI ARABIA KINGDOM OF</name>
        <lei>54930044PULMORCKB765</lei>
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        <cusip>80413TAE9</cusip>
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        <curCd>USD</curCd>
        <valUSD>527700.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-04</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>NAGACORP LTD</name>
        <lei>549300MMNKN0RBJELS20</lei>
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        <cusip>629721AA9</cusip>
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        <curCd>USD</curCd>
        <valUSD>400925.00000000</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>2021-05-21</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>CHAPARRAL ENERGY INC-NEW</name>
        <lei>V5IUQSDP5WPR92NJWH73</lei>
        <title>CHAPARRAL ENERGY INC CL A</title>
        <cusip>15942R208</cusip>
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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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        <name>NETFLIX INC</name>
        <lei>549300Y7VHGU0I7CE873</lei>
        <title>NETFLIX INC 5.375% 11/15/2029 144A</title>
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        <curCd>USD</curCd>
        <valUSD>648020.60000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</annualizedRt>
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        <name>YPF SOCIEDAD ANONIMA</name>
        <lei>5493003N7447U18U5U53</lei>
        <title>YPF SOCIEDAD ANONIMA 8.75% 04/04/2024 144A</title>
        <cusip>984245AK6</cusip>
        <identifiers>
          <isin value="US984245AK63"/>
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        <curCd>USD</curCd>
        <valUSD>2086245.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>KAZMUAIGAZ NATIONAL CO JSC</name>
        <lei>2138001H1M69RFJCSH88</lei>
        <title>KAZMUNAIGAZ FINANCE SUB BV 3.875% 04/19/2022 144A</title>
        <cusip>48667QAM7</cusip>
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          <isin value="US48667QAM78"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY REPUBLIC OF 5.25% 03/13/2030</title>
        <cusip>900123CY4</cusip>
        <identifiers>
          <isin value="US900123CY43"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201445.31000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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        <name>SENSATA TECHNOLOGIES UK FINANCING CO PLC</name>
        <lei>635400EUADS212PJER83</lei>
        <title>SENSATA TECHNOLOGIES UK FINANCING CO PLC 6.25% 02/15/2026 144A</title>
        <cusip>81727TAA6</cusip>
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          <isin value="US81727TAA60"/>
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        <curCd>USD</curCd>
        <valUSD>606937.50000000</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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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>FX Forward: EUR/USD settle 2020-08-13</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <curCd>N/A</curCd>
        <valUSD>-12346.74000000</valUSD>
        <pctVal>-0.00084876865</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UST NOTES</name>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CEMEX SAB DE CV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SRI LANKA GOVT DEMOCRATIC SOCIALIST REP</name>
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        <name>FRONTIER COMMUNICATIONS CORP</name>
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        <name>MEXICO UNITED MEXICAN STATES</name>
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        <name>PETROLEOS MEXICANOS</name>
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        <name>PAPUA NEW GUINEA</name>
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        <issuerCat>NUSS</issuerCat>
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        <name>JAGUAR HOLDING CO II / PHARMACEUTICAL PRODUCT DEVELOPMENT LLC</name>
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        <cusip>47010LAA0</cusip>
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          <isin value="US47010LAA08"/>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GNR 2011-H14 FC 1ML+50 5/61</title>
        <cusip>38375BMB5</cusip>
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          <isin value="US38375BMB52"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>BCP RAPTOR II LLC</name>
        <lei>254900ZZQV4TQNP45753</lei>
        <title>CAPROCK MIDSTREAM TERM B 11/03/2025</title>
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        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>185179.50000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>CITGO HLDG INC</name>
        <lei>549300NYHOALWZ2BSL72</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>FISERV INC</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>FISERV INC</title>
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        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
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        <title>FEDERAL NAT MTG ASN GTD REM PA 2012-149 DA 1.75% 01/25/2043</title>
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        <name>ONEMAIN HLDGS INC</name>
        <lei>549300E3VEW8SMS5XW09</lei>
        <title>ONEMAIN HOLDINGS INC</title>
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          <isin value="US68268W1036"/>
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        <curCd>USD</curCd>
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        <name>HERTZ CORP</name>
        <lei>549300PD0C69OJ0NLB27</lei>
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          <isin value="US428040CZ02"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <name>UZBEKISTAN REPUBLIC OF</name>
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        <curCd>USD</curCd>
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        <invCountry>UZ</invCountry>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <cusip>31371MVB0</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NAT MTG ASSN HECM 2.75% 05/20/2064</title>
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          <isin value="US38375UJP66"/>
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      <invstOrSec>
        <name>EMIRATE OF ABU DHABI</name>
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        <name>PACIFIC GAS and ELECTRIC CO</name>
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        <name>HERTZ CORP</name>
        <lei>549300PD0C69OJ0NLB27</lei>
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        <name>PROVINCE OF SANTA FE</name>
        <lei>N/A</lei>
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          <isin value="US74409AAC36"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>OCI NV</name>
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        <identifiers>
          <isin value="US67091GAC78"/>
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        <balance>895000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>859200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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        <name>ENCOMPASS HEALTH CORP</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>HEALTHSOUTH CORP 5.125% 03/15/2023</title>
        <cusip>421924BN0</cusip>
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          <isin value="US421924BN03"/>
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        <curCd>USD</curCd>
        <valUSD>331650.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>MURRAY ENERGY CORP</name>
        <lei>549300WM5IIFYHZYTT63</lei>
        <title>MURRAY ENERGY CORP PIK VAR 04/15/2024 144A</title>
        <cusip>62704PAM5</cusip>
        <identifiers>
          <isin value="US62704PAM59"/>
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        <balance>548100.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>HEINEKEN NV</name>
        <lei>724500K5PTPSST86UQ23</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2168629967"/>
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        <balance>900000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
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      <invstOrSec>
        <name>NINE ENERGY SERVICE INC</name>
        <lei>549300KRLJCZBPZMKT65</lei>
        <title>NINE ENERGY SERVICE INC 8.75% 11/01/2023 144A</title>
        <cusip>65441VAA9</cusip>
        <identifiers>
          <isin value="US65441VAA98"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>146250.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ODEBRECHT FINANCE LTD</name>
        <lei>N/A</lei>
        <title>ODEBRECHT FINANCE LTD 5.25% 06/27/2029 144A</title>
        <cusip>675758AM8</cusip>
        <identifiers>
          <isin value="US675758AM80"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>23200.00000000</valUSD>
        <pctVal>0.001594868988</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 5.95% 01/25/27 144A</title>
        <cusip>25714PDT2</cusip>
        <identifiers>
          <isin value="US25714PDT21"/>
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        <balance>445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>447642.19000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05950000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>COMPASS MINERALS INTL INC</name>
        <lei>2549008X9G8XP7YJGC47</lei>
        <title>COMPASS MINERALS INTL INC 6.75% 12/01/2027 144A</title>
        <cusip>20451NAG6</cusip>
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        <curCd>USD</curCd>
        <valUSD>1370250.00000000</valUSD>
        <pctVal>0.094196949634</pctVal>
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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>2027-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EXIDE TECHNOLOGIES</name>
        <lei>549300KITCGPNNNXQP63</lei>
        <title>EXIDE TECHNOLOGIES</title>
        <cusip>302051305</cusip>
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          <isin value="US3020513053"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2115.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>FX Forward: EUR/USD settle 2020-08-13</title>
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        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="828851"/>
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        <curCd>N/A</curCd>
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        <name>TRICER HOLDCO S.C.A.</name>
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          <other otherDesc="Internal" value="CIB769000"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18.62000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AEROVIAS DE MEXICO SA DE CV</name>
        <lei>549300TK6ZHQ3FJ26B03</lei>
        <title>AEROVIAS DE MEXICO SA DE CV 7% 02/05/2025 144A</title>
        <cusip>008065AD6</cusip>
        <identifiers>
          <isin value="US008065AD67"/>
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        <balance>135000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31218.75000000</valUSD>
        <pctVal>0.002146112768</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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      <invstOrSec>
        <name>TEMPUR SEALY INTERNATIONAL INC</name>
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        <name>NRG ENERGY INC</name>
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      <invstOrSec>
        <name>UC HOLDINGS INC</name>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>NAVIOS SOUTH AMERICAN LOGISTIC S INC/ NAVIOS LOGISTICS FIN US INC</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OCCIDENTAL PETROLEUM CORP</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>OCCIDENTAL PETROLEUM CORP 6.45% 09/15/2036</title>
        <cusip>674599DF9</cusip>
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        <balance>1171000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1002270.61000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06450000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>MTN MAURITIUS INVESTMENTS LTD</name>
        <lei>2549009PQD415OQIR074</lei>
        <title>MTN MAURITIUS INVSTMENTS 5.373% 02/13/2022 144A</title>
        <cusip>55377XAC0</cusip>
        <identifiers>
          <isin value="US55377XAC02"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101468.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05373000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WHITING PETROLEUM CORP NEW</name>
        <lei>52990028CHK9KUB1B293</lei>
        <title>WHITING PETROLEUM CORP NEW 6.625% 01/15/2026</title>
        <cusip>966387BG6</cusip>
        <identifiers>
          <isin value="US966387BG63"/>
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        <balance>425000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75437.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADA GOVERNMENT OF 1.25% 06/01/2030</title>
        <cusip>135087K37</cusip>
        <identifiers>
          <isin value="CA135087K379"/>
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        <balance>3390000.00000000</balance>
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        <currencyConditional curCd="CAD" exchangeRt="1.35760000"/>
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        <pctVal>0.183616055372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BAHAMAS COMWLTH</name>
        <lei>549300W13SXC7EKNJC20</lei>
        <title>BAHAMAS COMWLTH 6% 11/21/2028 144A</title>
        <cusip>056732AJ9</cusip>
        <identifiers>
          <isin value="US056732AJ97"/>
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        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>86000.00000000</valUSD>
        <pctVal>0.005912014353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BS</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 0.0% 07/01/2041#AI6050</title>
        <cusip>3138AKWL9</cusip>
        <identifiers>
          <isin value="US3138AKWL93"/>
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        <balance>6631.38000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6911.29000000</valUSD>
        <pctVal>0.000475112159</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04501000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PENSON WORLDWIDE INC</name>
        <lei>N/A</lei>
        <title>PENSON WORLDWIDE INC CL A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="709600928"/>
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        <balance>314563.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3.15000000</valUSD>
        <pctVal>0.000000216544</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP</name>
        <lei>N/A</lei>
        <title>ICAHN ENTERPRISES LP/FIN CORP 6.75% 02/01/2024</title>
        <cusip>451102BM8</cusip>
        <identifiers>
          <isin value="US451102BM88"/>
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        <balance>535000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>539012.50000000</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>0.06750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>MICROCHIP TECHNOLOGY INC</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>MICROCHIP TECHNOLOGY</title>
        <cusip>595017104</cusip>
        <identifiers>
          <isin value="US5950171042"/>
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        <balance>6800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>716108.00000000</valUSD>
        <pctVal>0.049228381104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>VMWARE INC</name>
        <lei>549300BUDHS3LRWBE814</lei>
        <title>VMWARE INC CL A</title>
        <cusip>928563402</cusip>
        <identifiers>
          <isin value="US9285634021"/>
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        <balance>3800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>588468.00000000</valUSD>
        <pctVal>0.040453851893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NGPL PIPECO LLC</name>
        <lei>549300K3NT1HSQFEM073</lei>
        <title>NGPL PIPECO LLC 4.375% 08/15/2022 144A</title>
        <cusip>62912XAE4</cusip>
        <identifiers>
          <isin value="US62912XAE40"/>
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        <balance>150000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154712.99000000</valUSD>
        <pctVal>0.010635644390</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD</name>
        <lei>N/A</lei>
        <title>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 3.5% 11/15/2031</title>
        <cusip>3137BAMN9</cusip>
        <identifiers>
          <isin value="US3137BAMN95"/>
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        <balance>276005.96540000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>298374.76000000</valUSD>
        <pctVal>0.020511579813</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PALO ALTO NETWORKS INC</name>
        <lei>549300QXR2YVZV231H43</lei>
        <title>PALO ALTO NETWORKS INC</title>
        <cusip>697435105</cusip>
        <identifiers>
          <isin value="US6974351057"/>
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        <balance>3800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>872746.00000000</valUSD>
        <pctVal>0.059996359062</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>
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        <name>JSC GEORGIAN RAILWAY</name>
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        <name>ASCEND LEARNING LLC</name>
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        <name>CCO HLDGS LLC/CCO HLDGS CAP CORP</name>
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        <name>ENERGIAS DE PORTUGAL SA</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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      </invstOrSec>
      <invstOrSec>
        <name>PDC ENERGY INC</name>
        <lei>5493008W8H2T511J5Y59</lei>
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        <cusip>69327RAG6</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>186000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>METALSA S A DE C V</name>
        <lei>549300F2FONGJR575V67</lei>
        <title>METALSA SA DE CV 4.9% 04/24/2023 144A</title>
        <cusip>59132VAA6</cusip>
        <identifiers>
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        <balance>780000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>764400.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>OCCIDENTAL PETROLEUM CORP</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>OCCIDENTAL PETROLEUM CORP 4.625% 06/15/2045</title>
        <cusip>674599CF0</cusip>
        <identifiers>
          <isin value="US674599CF00"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>332500.00000000</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>2045-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</annualizedRt>
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      <invstOrSec>
        <name>BUENOS AIRES CITY ARGENTINA</name>
        <lei>5299007MC8RF52X0ON96</lei>
        <title>BUENOS AIRES CITY ARGENTINA 7.5% 06/01/2027 RGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1422866456"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308000.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
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      <invstOrSec>
        <name>EXIDE TECHNOLOGIES</name>
        <lei>549300KITCGPNNNXQP63</lei>
        <title>EXIDE TECHNOLOGIES (PAR SHARE)</title>
        <cusip>302051404</cusip>
        <identifiers>
          <isin value="US3020514044"/>
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        <balance>124905.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARGENTINA REPUBLIC OF</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>ARGENTINA REPUBLIC 7.5% 04/22/2026</title>
        <cusip>040114GX2</cusip>
        <identifiers>
          <isin value="US040114GX20"/>
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        <balance>4155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1669790.63000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TURKIYE VAKIFLAR BANKASI TAO</name>
        <lei>789000KAIHOLSQKQ9858</lei>
        <title>TURKIYE VAKIFLAR BANKASI TAO 5.75% 01/30/2023 144A</title>
        <cusip>90015WAG8</cusip>
        <identifiers>
          <isin value="US90015WAG87"/>
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        <balance>565000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>549285.94000000</valUSD>
        <pctVal>0.037760306531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</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>VAIL RESORTS INC</name>
        <lei>529900PSZHRNU9HKH870</lei>
        <title>VAIL RESORTS INC 6.25% 05/15/2025 144A</title>
        <cusip>91879QAL3</cusip>
        <identifiers>
          <isin value="US91879QAL32"/>
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        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>397575.00000000</valUSD>
        <pctVal>0.027331036125</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</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>TAYLOR MORRISON CMNTYS INC / MONARCH CMNTYS INC</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>TAYLOR MORRISON CMNTY/ MONARCH 5.875% 01/31/2025 144A</title>
        <cusip>87724RAE2</cusip>
        <identifiers>
          <isin value="US87724RAE27"/>
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        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>385700.00000000</valUSD>
        <pctVal>0.026514696934</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</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>ACRISURE LLC / ACRISURE FINANCE INC</name>
        <lei>N/A</lei>
        <title>ACRISURE LLC 8.125% 02/15/2024 144A</title>
        <cusip>00489LAC7</cusip>
        <identifiers>
          <isin value="US00489LAC72"/>
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        <balance>685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>712194.50000000</valUSD>
        <pctVal>0.048959350079</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08125000</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>CENTENE CORP DEL</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>CENTENE CORP 4.25% 12/15/2027</title>
        <cusip>15135BAR2</cusip>
        <identifiers>
          <isin value="US15135BAR24"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>634624.65000000</valUSD>
        <pctVal>0.043626860932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>ZIGGO BOND CO</name>
        <lei>213800JYI4P7V5QDOG59</lei>
        <title>ZIGGO BOND CO 5.125% 02/28/2030 144A</title>
        <cusip>98953GAD7</cusip>
        <identifiers>
          <isin value="US98953GAD79"/>
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        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>312543.00000000</valUSD>
        <pctVal>0.021485566305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GNR 2010-H17 XP 5.3019% 7/60</title>
        <cusip>38375BED0</cusip>
        <identifiers>
          <isin value="US38375BED01"/>
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        <balance>10934.47390000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10936.32000000</valUSD>
        <pctVal>0.000751810242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05310000</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>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY REPUBLIC OF 7.25% 12/23/2023</title>
        <cusip>900123CR9</cusip>
        <identifiers>
          <isin value="US900123CR91"/>
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        <balance>245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>254417.19000000</valUSD>
        <pctVal>0.017489745106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>VFU FUNDING (VF UKRAINE)</name>
        <lei>N/A</lei>
        <title>VFU FUNDING (VF UKRAINE) 6.2% 02/11/2025 144A</title>
        <cusip>918212AA9</cusip>
        <identifiers>
          <isin value="US918212AA96"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>197810.00000000</valUSD>
        <pctVal>0.013598320457</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06200000</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>ACRISURE LLC / ACRISURE FINANCE INC</name>
        <lei>N/A</lei>
        <title>ACRISURE LLC 10.125% 08/01/2026 144A</title>
        <cusip>00489LAD5</cusip>
        <identifiers>
          <isin value="US00489LAD55"/>
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        <balance>605000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>650375.00000000</valUSD>
        <pctVal>0.044709608551</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10125000</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>SM ENERGY CO</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM ENERGY CO 5.625% 06/01/2025</title>
        <cusip>78454LAL4</cusip>
        <identifiers>
          <isin value="US78454LAL45"/>
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        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201400.00000000</valUSD>
        <pctVal>0.013845112684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</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>MARRIOTT OWNERSHIP RESORTS INC / ILG LLC</name>
        <lei>N/A</lei>
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        <valUSD>403000.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIAN FEDN 5.25% 06/23/2047 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JXU14"/>
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        <curCd>USD</curCd>
        <valUSD>792600.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SASOL FING INTL PLC</name>
        <lei>N/A</lei>
        <title>SASOL FING INTL PLC 4.5% 11/14/2022</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRICER HOLDCO S.C.A.</name>
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        <title>TRICER HOLDCO S.C.A. PREF PP</title>
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          <other otherDesc="Internal" value="BCF136000"/>
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        <balance>8042141.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2715.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NAT MTG AS REMIC PT 2004-22 AZ 5.5% 04/20/2034</title>
        <cusip>38374GDS8</cusip>
        <identifiers>
          <isin value="US38374GDS84"/>
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        <balance>55847.77740000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76466.24000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OPEN TEXT HOLDINGS INC</name>
        <lei>N/A</lei>
        <title>OPEN TEXT HOLDINGS INC 4.125% 02/15/2030 144A</title>
        <cusip>683720AA4</cusip>
        <identifiers>
          <isin value="US683720AA42"/>
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        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>294750.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>N/A</lei>
        <title>FHLG 15YR 6.50% 3/22 #G18186</title>
        <cusip>3128MMF40</cusip>
        <identifiers>
          <isin value="US3128MMF406"/>
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        <balance>395.60220000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>408.16000000</valUSD>
        <pctVal>0.000028058695</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>ROYAL CARIBBEAN CRUISES LTD</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
        <title>ROYAL CARIBBEAN CRUISES LTD 9.125% 06/15/2023 144A</title>
        <cusip>780153BC5</cusip>
        <identifiers>
          <isin value="US780153BC56"/>
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        <balance>975000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>966461.67000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09125000</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>VERITAS US INC / VERITAS BERMUDA LTD</name>
        <lei>N/A</lei>
        <title>VERITAS US INC / VERITAS BERMUDA LTD 10.5% 02/01/2024 144A</title>
        <cusip>92346LAA1</cusip>
        <identifiers>
          <isin value="US92346LAA17"/>
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        <balance>762000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>681990.00000000</valUSD>
        <pctVal>0.046882961270</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10500000</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>PORTLAND GENERAL ELECTRIC CO</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>PORTLAND GENERAL ELECTRIC CO</title>
        <cusip>736508847</cusip>
        <identifiers>
          <isin value="US7365088472"/>
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        <balance>140.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5853.40000000</valUSD>
        <pctVal>0.000402388195</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>ULTRA RESOURCES INC</name>
        <lei>VZ4O3I6KP00FINKB5W86</lei>
        <title>ULTRA RESOURCES INC PIK STEP 07/12/2024</title>
        <cusip>90400GAE1</cusip>
        <identifiers>
          <isin value="US90400GAE17"/>
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        <balance>543409.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>28528.97000000</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>2024-07-12</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.11000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>Y</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PARSLEY ENERGY LLC / PARSLEY FINANCE CORP</name>
        <lei>N/A</lei>
        <title>PARSLEY ENERGY LLC / PARSLEY FINANCE CORP 5.375% 01/15/2025 144A</title>
        <cusip>701885AD7</cusip>
        <identifiers>
          <isin value="US701885AD73"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>63152.70000000</valUSD>
        <pctVal>0.004341391498</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</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>CALIFORNIA RESOURCES CORPORATION</name>
        <lei>5493003Q8F0T4F4YMR48</lei>
        <title>CALIFORNIA RESOURCES TERM 1 1/4LN 12/31/2022</title>
        <cusip>13057LAB4</cusip>
        <identifiers>
          <isin value="US13057LAB45"/>
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        <balance>8185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2793131.25000000</valUSD>
        <pctVal>0.192012000494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05750000</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>DENBURY RESOURCES INC</name>
        <lei>549300KCWA5W52MS5559</lei>
        <title>DENBURY RESOURCES INC CONV 6.375% 12/31/2024</title>
        <cusip>247916AN9</cusip>
        <identifiers>
          <isin value="US247916AN94"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196600.00000000</valUSD>
        <pctVal>0.013515139790</pctVal>
        <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>0.06375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
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              <title>DENBURY RESOURCES INC</title>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>USTB 4.75% 2/15/37</title>
        <cusip>912810PT9</cusip>
        <identifiers>
          <isin value="US912810PT97"/>
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        <balance>8126000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12956526.05000000</valUSD>
        <pctVal>0.890687999827</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADA, GOVERNMENT OF 1.25% 03/01/2025</title>
        <cusip>135087K52</cusip>
        <identifiers>
          <isin value="CA135087K528"/>
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        <currencyConditional curCd="CAD" exchangeRt="1.35760000"/>
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        <pctVal>0.421811623089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</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>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>LLOYDS BANKING GROUP PLC 4.5%/VAR 03/18/2030 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2138286229"/>
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        <balance>1037000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
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        <pctVal>0.086402395234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-18</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04500000</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>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>TRAVERSE MIDSTREAM PARTNERS LLC</name>
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        <name>MINERAL RES LTD</name>
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        <name>GOLDEN NUGGET INC NEW</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>CITIGROUP INC</name>
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        <name>BANCO DO BRASIL SA GRAND CAYMAN BRANCH</name>
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        <name>IVORY COAST (COTE D'IVOIRE)</name>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>SHRIRAM TRANSPORT FIN CO LTD</name>
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        <name>GLOBO COMUNICACOES E PARTICIPA COES SA</name>
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        <name>MGM RESORTS INTERNATIONAL</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>Fidelity Revere Street Trust</name>
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        <name>GEORGIA BK JT STK CO</name>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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        <name>UKRAINE CABINET OF MINISTERS</name>
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        <name>SESI LLC</name>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>ELDORADO RESORTS INC</name>
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        <name>VALVOLINE INC</name>
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      <invstOrSec>
        <name>CARGO AIRCRAFT MANAGEMENT INC</name>
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        <name>LAREDO PETE INC NEW</name>
        <lei>549300X0PTWU2QSLSL14</lei>
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        <name>PG and E CORP</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
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        <lei>5493005X2GO78EFZ3E94</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
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        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>THERMO FISHER SCIENTIFIC INC</name>
        <lei>HCHV7422L5HDJZCRFL38</lei>
        <title>THERMO FISHER SCIENTIFIC INC</title>
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        <name>JPMORGAN CHASE and CO</name>
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        <name>CF INDS INC</name>
        <lei>5FVKT86LAD2F40NPC183</lei>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>GLOBAL PARTNERS LP / GLP FIN CORP</name>
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        <curCd>USD</curCd>
        <valUSD>557525.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>T-MOBILE US INC</name>
        <lei>549300QHIJYOHPACPG31</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>DIAMOND OFFSHORE DRILLING INC</name>
        <lei>F14FQJ2EEHW5VPYUHL14</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>VISTRA OPERATIONS CO LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>BANQUE CENTRALE DE TUNISIE</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EGYPT, (ARAB) REP OF</name>
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        <invCountry>EG</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CASCADES INC/USA INC</name>
        <lei>FPD41G4F3GH7OJ38TS94</lei>
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        <cusip>14739LAA0</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>N/A</lei>
        <title>FHLG 20YR 3% 06/01/2033#K90684</title>
        <cusip>3132J2XM0</cusip>
        <identifiers>
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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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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 15YR 3.5% 10/01/2034#FM1579</title>
        <cusip>3140X4XH4</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <cusip>71654QCC4</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AIR CANADA INC</name>
        <lei>4B4HI3CGXMBDC0G6BM51</lei>
        <title>AIR CANADA VTG</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2008-2 FD 1ML+48 1/38</title>
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        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.00670000</annualizedRt>
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        <name>BOXER PARENT CO INC</name>
        <lei>5493006T045HLTF7YX04</lei>
        <title>BOXER PARENT CO INC 7.125% 10/02/2025 144A</title>
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        <curCd>USD</curCd>
        <valUSD>357102.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>TENET HEALTHCARE CORP 4.625% 09/01/2024 144A</title>
        <cusip>88033GDC1</cusip>
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          <isin value="US88033GDC15"/>
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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>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 5.44% 2/37 #888171</title>
        <cusip>31410FW84</cusip>
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          <isin value="US31410FW841"/>
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        <curCd>USD</curCd>
        <valUSD>8740.35000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>VOC ESCROW LTD</name>
        <lei>N/A</lei>
        <title>VOC CRUISE LTD 5% 02/15/2028 144A</title>
        <cusip>91832VAA2</cusip>
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          <isin value="US91832VAA26"/>
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        <curCd>USD</curCd>
        <valUSD>404662.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</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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        <name>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADA GOVT 1.75% 08/01/2020</title>
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          <isin value="CA135087J215"/>
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        <pctVal>0.617018672061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 15YR 2.5% 11/29#FM2692</title>
        <cusip>3140X57E7</cusip>
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          <isin value="US3140X57E79"/>
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        <balance>1218481.53000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1275870.91000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SAUDI ARABIAN OIL COMPANY</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>SAUDI ARABIAN OIL CO 3.5% 04/16/2029 144A</title>
        <cusip>80414L2D6</cusip>
        <identifiers>
          <isin value="US80414L2D64"/>
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        <balance>2545000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2747009.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>CITADEL SECS LP</name>
        <lei>549300NV5RXBUS3X7L47</lei>
        <title>CITADEL TERM B 1LN 02/27/2026</title>
        <cusip>17288YAC6</cusip>
        <identifiers>
          <isin value="US17288YAC66"/>
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        <balance>192831.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>187206.12000000</valUSD>
        <pctVal>0.012869363588</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.02928250</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>ROYAL CARIBBEAN CRUISES LTD</name>
        <lei>K2NEH8QNVW44JIWK7Z55</lei>
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        <cusip>780153AY8</cusip>
        <identifiers>
          <isin value="US780153AY85"/>
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        <balance>845000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>868289.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10875000</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>FMG RESOURCES AUG'06 PTY LTD</name>
        <lei>549300EFD6S2NFE9D745</lei>
        <title>FMG RES AUGUST 2006 PTY LTD 5.125% 05/15/2024 144A</title>
        <cusip>30251GAW7</cusip>
        <identifiers>
          <isin value="US30251GAW78"/>
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        <balance>495000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>509850.00000000</valUSD>
        <pctVal>0.035049308353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</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>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 6.25% 6/36 #886983</title>
        <cusip>31410EM88</cusip>
        <identifiers>
          <isin value="US31410EM886"/>
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        <balance>373.30230000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>389.61000000</valUSD>
        <pctVal>0.000026783487</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04303000</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>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>POST HLDGS INC 5.5% 12/15/2029 144A</title>
        <cusip>737446AP9</cusip>
        <identifiers>
          <isin value="US737446AP91"/>
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        <balance>810000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>837637.20000000</valUSD>
        <pctVal>0.057582827323</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>
        <name>VICI PROPERTIES / NOTE</name>
        <lei>N/A</lei>
        <title>VICI PROPERTIES / NOTE 4.625% 12/01/2029 144A</title>
        <cusip>92564RAB1</cusip>
        <identifiers>
          <isin value="US92564RAB15"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>633750.00000000</valUSD>
        <pctVal>0.043566733684</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</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>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PG and E 6.05% 3/01/34</title>
        <cusip>694308GE1</cusip>
        <identifiers>
          <isin value="US694308GE15"/>
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        <balance>8515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10154137.50000000</valUSD>
        <pctVal>0.698039612234</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06050000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NAT MTG AS REMIC PT 17-161 DF 1ML+25 10/20/2047</title>
        <cusip>38380HZJ4</cusip>
        <identifiers>
          <isin value="US38380HZJ49"/>
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        <balance>364365.93700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>362362.54000000</valUSD>
        <pctVal>0.024910378346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00440000</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>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEXICO UNITED MEXICAN STATES 3.75% 01/11/2028</title>
        <cusip>91087BAE0</cusip>
        <identifiers>
          <isin value="US91087BAE02"/>
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        <balance>590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>615812.50000000</valUSD>
        <pctVal>0.042333631852</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</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>DARLING INGREDIENTS INC</name>
        <lei>L1N0SPPKS7EXZYUMZ898</lei>
        <title>DARLING INGREDIENTS INC</title>
        <cusip>237266101</cusip>
        <identifiers>
          <isin value="US2372661015"/>
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        <balance>40100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>987262.00000000</valUSD>
        <pctVal>0.067868687385</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>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>GSCM SWAP REC 1.4025 02/26/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSL2O02OB"/>
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        <balance>1900000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>76901.44000000</valUSD>
        <pctVal>0.005286539733</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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                    <name>GOLDMAN SACHS BANK USA</name>
                    <lei>KD3XUN7C6T14HNAYLU02</lei>
                    <title>GSCM FSWP IRS 02/28/30 3MLV1.40250003%</title>
                    <cusip>N/A</cusip>
                    <identifiers>
                      <other otherDesc="Internal" value="FHB612000"/>
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                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
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      <invstOrSec>
        <name>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
        <title>US 2YR NOTE (CBT) FUT SEP20 TUU0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TUU0"/>
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        <balance>6.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>129.33000000</valUSD>
        <pctVal>0.000008890707</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>UST NOTES</issuerName>
                <issueTitle>UNDERLYING TREASURY 2 YR NOTE GENERIC IV FOR FUTURES TRADING</issueTitle>
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                  <other otherDesc="Internal" value="9128279L8"/>
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            <expDate>2020-09-30</expDate>
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            <curCd>USD</curCd>
            <unrealizedAppr>129.33000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CRESTWOOD MIDSTREAM PARTNERS LP/CRESTWOOD MIDSTREAM FIN CORP</name>
        <lei>N/A</lei>
        <title>CRESTWOOD MIDSTRM PTN/FIN CORP 6.25% 04/01/2023</title>
        <cusip>226373AL2</cusip>
        <identifiers>
          <isin value="US226373AL21"/>
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        <balance>345000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>307050.00000000</valUSD>
        <pctVal>0.021107953574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</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>CHEMOURS CO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW COTAI LLC / NEW COTAI CAP CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTHRN NAT GAS</name>
        <lei>N/A</lei>
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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>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNII II 3.5% 05/43 #MA1012</title>
        <cusip>36179NDR6</cusip>
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          <isin value="US36179NDR61"/>
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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>2043-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANCO DE RESERVAS DE LA REPUBLICA DOMINICANA</name>
        <lei>549300CKQT0JZ2EGNC56</lei>
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        <cusip>059566AA7</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DO</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>REDDY ICE HOLDINGS INC</name>
        <lei>7Z0MRIY211ZHEWECBM22</lei>
        <title>REDDY ICE HOLDINGS INC NEW</title>
        <cusip>75734R303</cusip>
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          <isin value="US75734R3030"/>
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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>3</fairValLevel>
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      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>FX Forward: EUR/USD settle 2020-08-13</title>
        <cusip>N/A</cusip>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.375% 06/15/2026</title>
        <cusip>893647BB2</cusip>
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          <isin value="US893647BB29"/>
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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>W and T OFFSHORE INC</name>
        <lei>549300Q7EOY2YIO3YK85</lei>
        <title>W and T OFFSHORE INC 9.75% 11/01/2023 144A</title>
        <cusip>92922PAL0</cusip>
        <identifiers>
          <isin value="US92922PAL04"/>
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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>
          <annualizedRt>0.09750000</annualizedRt>
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      <invstOrSec>
        <name>MCAFEE LLC</name>
        <lei>549300713UKUTLV9T378</lei>
        <title>MCAFEE TERM 2LN 09/29/2025</title>
        <cusip>57906PAF6</cusip>
        <identifiers>
          <isin value="US57906PAF62"/>
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        <balance>1264375.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1255524.38000000</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>2025-09-29</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09500000</annualizedRt>
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      <invstOrSec>
        <name>CCO HLDGS LLC/CCO HLDGS CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO HLDGS LLC/CAP CORP 5.75% 02/15/2026 144A</title>
        <cusip>1248EPBM4</cusip>
        <identifiers>
          <isin value="US1248EPBM40"/>
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        <curCd>USD</curCd>
        <valUSD>1065370.20000000</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>2026-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 15YR 4.5% 11/01/2025#AL8242</title>
        <cusip>3138ETEQ5</cusip>
        <identifiers>
          <isin value="US3138ETEQ55"/>
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        <balance>80019.63550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>83881.33000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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      <invstOrSec>
        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA GOVT 6.75% 01/15/44 144A</title>
        <cusip>455780BR6</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.25% 03/15/2026 144A</title>
        <cusip>893647BE6</cusip>
        <identifiers>
          <isin value="US893647BE67"/>
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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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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2.125% 03/31/2024</title>
        <cusip>912828W71</cusip>
        <identifiers>
          <isin value="US912828W713"/>
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        <balance>5843000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6260454.95000000</valUSD>
        <pctVal>0.430370924730</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02125000</annualizedRt>
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        <name>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY REP 6.25% 9/26/22</title>
        <cusip>900123BZ2</cusip>
        <identifiers>
          <isin value="US900123BZ27"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2900812.50000000</valUSD>
        <pctVal>0.199414478350</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-09-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
          <isDefault>N</isDefault>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TURKIYE SINAI KALKINMA BANK AS</name>
        <lei>549300MFCXK5HOOEWP84</lei>
        <title>TURKIYE SINAI KALKINMA BANK AS 6% 01/23/2025 144A</title>
        <cusip>90015YAA7</cusip>
        <identifiers>
          <isin value="US90015YAA73"/>
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        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308953.13000000</valUSD>
        <pctVal>0.021238783014</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>
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        <name>SANCHEZ ENERGY CORP</name>
        <lei>549300SB0HTIM17TVR61</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INTELSAT JACKSON HLDGS S A</name>
        <lei>8XJ8KF85PBKK1TLMFN29</lei>
        <title>INTELSAT JACKSON HLDGS SA 9.75% 07/15/2025 144A</title>
        <cusip>45824TAY1</cusip>
        <identifiers>
          <isin value="US45824TAY10"/>
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        <balance>1950000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1197885.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09750000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 6.5% 05/15/2025</title>
        <cusip>893647AZ0</cusip>
        <identifiers>
          <isin value="US893647AZ06"/>
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        <balance>835000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>780800.15000000</valUSD>
        <pctVal>0.053675601097</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>PBF HLDG CO LLC / PBF FIN CORP</name>
        <lei>N/A</lei>
        <title>PBF HLDG CO LLC / PBF FIN CORP 6% 02/15/2028 144A</title>
        <cusip>69318FAH1</cusip>
        <identifiers>
          <isin value="US69318FAH10"/>
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        <balance>1445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1199350.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>BONITRON DESIGNATED ACTIVITY CO</name>
        <lei>N/A</lei>
        <title>BONITRON DESIGNATED ACTIVITY CO 8.75% 10/30/2022 144A</title>
        <cusip>09821LAA9</cusip>
        <identifiers>
          <isin value="US09821LAA98"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>810000.00000000</valUSD>
        <pctVal>0.055682925892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08750000</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>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NAT MTG ASSN HECM 2016-H21 DF 1ML+65 05/20/2061</title>
        <cusip>38375BWC2</cusip>
        <identifiers>
          <isin value="US38375BWC26"/>
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        <balance>4847.77360000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4858.05000000</valUSD>
        <pctVal>0.000333963503</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00953380</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>JPMORGAN CHASE and CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE and CO 5%/VAR PERP V</title>
        <cusip>48127FAA1</cusip>
        <identifiers>
          <isin value="US48127FAA12"/>
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        <balance>2145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1892962.50000000</valUSD>
        <pctVal>0.130130482227</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NEWFIELD EXPLORATION CO</name>
        <lei>T8W3X1PFLPW2YE0UIP44</lei>
        <title>NEWFIELD EXPL CO 5.375% 01/01/2026</title>
        <cusip>651290AR9</cusip>
        <identifiers>
          <isin value="US651290AR99"/>
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        <balance>475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>444805.52000000</valUSD>
        <pctVal>0.030577867662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</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>FLY LEASING LTD</name>
        <lei>549300LI58A0MHGHTZ98</lei>
        <title>FLY LEASING LTD 5.25% 10/15/2024</title>
        <cusip>34407DAC3</cusip>
        <identifiers>
          <isin value="US34407DAC39"/>
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        <balance>490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>396900.00000000</valUSD>
        <pctVal>0.027284633687</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</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>TRI POINTE GROUP INC</name>
        <lei>N/A</lei>
        <title>TRI POINTE GROUP INC 5.7% 06/15/2028</title>
        <cusip>87265HAG4</cusip>
        <identifiers>
          <isin value="US87265HAG48"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203000.00000000</valUSD>
        <pctVal>0.013955103649</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05700000</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>SRC ENERGY INC</name>
        <lei>549300RFZV39PJ73PH67</lei>
        <title>SRC ENERGY INC 6.25% 12/01/2025</title>
        <cusip>78470VAC2</cusip>
        <identifiers>
          <isin value="US78470VAC28"/>
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        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>320150.00000000</valUSD>
        <pctVal>0.022008504597</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</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>LCPR LOAN FINANCING LLC</name>
        <lei>N/A</lei>
        <title>LIBERTY LATIN AMERICA TERM B 1LN 10/22/2026</title>
        <cusip>50183CAB3</cusip>
        <identifiers>
          <isin value="US50183CAB37"/>
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        <balance>115000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113850.00000000</valUSD>
        <pctVal>0.007826544583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05184750</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 0.625% 05/15/2030</title>
        <cusip>912828ZQ6</cusip>
        <identifiers>
          <isin value="US912828ZQ64"/>
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        <balance>1994000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1987924.52000000</valUSD>
        <pctVal>0.136658584847</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</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>ENVIVA PARTNERS LP / ENVIVA PARTNERS FINANCE CORP</name>
        <lei>N/A</lei>
        <title>ENVIVA PARTNERS LP / ENVIVA PARTNERS FINANCE CORP 6.5% 01/15/2026 144A</title>
        <cusip>29413XAD9</cusip>
        <identifiers>
          <isin value="US29413XAD93"/>
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        <balance>595000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>618800.00000000</valUSD>
        <pctVal>0.042539005607</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NAT MTG ASSN HECM 2.75% 02/20/2064</title>
        <cusip>38375UDD9</cusip>
        <identifiers>
          <isin value="US38375UDD90"/>
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        <balance>852568.54920000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>881979.52000000</valUSD>
        <pctVal>0.060631111420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>N/A</lei>
        <title>FEDERAL NAT MTG ASN GTD REM PA 5.5% 07/25/2034</title>
        <cusip>31394AEQ5</cusip>
        <identifiers>
          <isin value="US31394AEQ58"/>
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        <balance>389337.46710000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>451960.76000000</valUSD>
        <pctVal>0.031069750006</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>LANDESK GROUP INC</name>
        <lei>N/A</lei>
        <title>LANDESK SOFTWARE TERM B 1LN 01/20/2024</title>
        <cusip>51501EAC0</cusip>
        <identifiers>
          <isin value="US51501EAC03"/>
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        <balance>165178.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>157538.78000000</valUSD>
        <pctVal>0.010829901496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05250000</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>RUSSIA FEDN MINISTRY FINANCE</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIA FEDN MINISTRY FINANCE 5.1% 03/28/2035 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A1006S9"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1235937.50000000</valUSD>
        <pctVal>0.084963723728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <name>CVR ENERGY INC</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>ROYAL BANK OF CANADA</name>
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        <name>TEGNA INC</name>
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        <name>STARWOOD PPTY TR INC</name>
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        <name>AIR CANADA 2013-1 PASS THROUGH TRUST</name>
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        <invCountry>CA</invCountry>
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        <name>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
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        <cusip>097751BT7</cusip>
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        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2010-97 CI 4.5% IO 8/25</title>
        <cusip>31398NGJ7</cusip>
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        <name>ARCONIC ROLLED PRODUCTS CORP</name>
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        <name>MURPHY OIL USA INC</name>
        <lei>N32S6DTR2ZZ5222WHV58</lei>
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        <name>IHEARTMEDIA INC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
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        <cusip>38375B5Q1</cusip>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 3.125% 11/15/2028</title>
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        <name>UNITED RENTALS NORTH AMER INC</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
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        <cusip>911365BM5</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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        <name>NATIONAL AUSTRALIA BANK LTD</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
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        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>EMIRATE OF ABU DHABI</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PG and E CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AZERBAIJAN REP</name>
        <lei>N/A</lei>
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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>CROWN CORK and SEAL INC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>PETROBRAS GLOBAL FINANCE BV</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 15YR 3.5% 09/01/2034#FM1578</title>
        <cusip>3140X4XG6</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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          <couponKind>Fixed</couponKind>
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        <name>OCP SA</name>
        <lei>N/A</lei>
        <title>OCP SA 6.875% 04/25/2044 144A</title>
        <cusip>67091TAB1</cusip>
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          <isin value="US67091TAB17"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TRINIDAD and TOBAGO, REPUBLIC OF</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>TT</invCountry>
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          <couponKind>Fixed</couponKind>
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        <name>WAND NEWCO 3 INC</name>
        <lei>549300Y3VZEWMSQW8494</lei>
        <title>CALIBER COLLISION TERM B 1LN 02/05/2026</title>
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        <issuerCat>CORP</issuerCat>
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        <issuerCat>CORP</issuerCat>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <title>GNR 2016-H13 FB T1Y+50 05/20/2066</title>
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          <couponKind>Variable</couponKind>
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        <name>ENDEAVOR ENERGY RES L P / EER FIN INC</name>
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        <title>ENDEAVOR ENERGY RES L P / EER FIN INC 5.75% 01/30/2028 144A</title>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>DIGICEL LTD</name>
        <lei>N/A</lei>
        <title>DIGICEL LTD 6.75% 03/01/2023 144A</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEX 3.5% 1/30/23</title>
        <cusip>71654QBG6</cusip>
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          <isin value="US71654QBG64"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>709125.00000000</valUSD>
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      <invstOrSec>
        <name>PACIFIC GAS and ELECTRIC CO</name>
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        <name>ZIGGO BOND CO</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <cusip>3137AAL35</cusip>
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        <name>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
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        <name>THIRD PAKISTAN INTERNATIONAL SUKUK CO LTD/THE</name>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OIL AND GAS HOLDING CO BSCC/THE</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>KUEHG CORP</name>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF</name>
        <lei>254900ZFY40OYEADAP90</lei>
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        <cusip>105756CB4</cusip>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
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        <name>EMIRATE OF ABU DHABI</name>
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        <cusip>29135LAJ9</cusip>
        <identifiers>
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        <invCountry>AE</invCountry>
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        <name>CIMPOR FINANCIAL OPERATIONS BV</name>
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        <cusip>17186LAA1</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>EL SALVADOR REPUBLIC OF</name>
        <lei>529900AKDMUSFSDOM949</lei>
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        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>NGPL PIPECO LLC</name>
        <lei>549300K3NT1HSQFEM073</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ALFA BD ISSUANCE PLC</name>
        <lei>253400QWEQNERA6RJS29</lei>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SPRINGLEAF FINANCE CORPORATION</name>
        <lei>5493008I795YYBFWFU90</lei>
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          <isin value="US85172FAQ28"/>
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        <curCd>USD</curCd>
        <valUSD>381150.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>NCUA GTD NTS TR 2010-A1</name>
        <lei>N/A</lei>
        <title>NGN 2010-A1 A 1ML+35 12/7/20</title>
        <cusip>62889AAA1</cusip>
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          <isin value="US62889AAA16"/>
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        <curCd>USD</curCd>
        <valUSD>64279.51000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TELEONICA DEL PERU SA</name>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>BANCO DO BRASIL SA GRAND CAYMAN BRANCH</name>
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        <name>NABORS INDUSTRIES LTD</name>
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        <name>FAIR ISAAC CORPORATION</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
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        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>UKRAINE RAILWAYS VIA SHORTLINE PLC</name>
        <lei>213800HACLR54J8QCO54</lei>
        <title>UKRAINE RAILWAYS VIA SHORTLINE PLC 9.875% 09/15/2021 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1374118906"/>
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        <balance>306000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>307529.91000000</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>2021-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09875000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>HILTON DOMESTIC OPERATING CO INC</name>
        <lei>5493003EG7H0N1E4XV50</lei>
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        <cusip>432833AD3</cusip>
        <identifiers>
          <isin value="US432833AD37"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>920957.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>AXTEL SAB DE CV</name>
        <lei>549300BVRDR8XTSXAD13</lei>
        <title>AXTEL SAB DE CV 6.375% 11/14/2024 144A</title>
        <cusip>05462GAJ3</cusip>
        <identifiers>
          <isin value="US05462GAJ31"/>
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        <balance>390000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>405022.80000000</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>2024-11-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>FANNIE MAE</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE 0.625% 04/22/2025</title>
        <cusip>3135G03U5</cusip>
        <identifiers>
          <isin value="US3135G03U56"/>
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        <balance>210000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>211718.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00625000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>JAPAN GOVERNMENT OF</name>
        <lei>N/A</lei>
        <title>JAPAN GOVT #323 .9% 6/20/22</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103231C62"/>
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        <balance>654100000.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
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        <pctVal>0.424943418513</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-06-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00900000</annualizedRt>
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      <invstOrSec>
        <name>PETROLEOS DE VENEZUELA SA</name>
        <lei>549300YWR8TN1OFD4P06</lei>
        <title>PETROLEOS DE VENEZUELA SA 6% 11/15/2026 144A</title>
        <cusip>716558AF8</cusip>
        <identifiers>
          <isin value="US716558AF83"/>
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        <balance>930000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26970.00000000</valUSD>
        <pctVal>0.001854035199</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NCL CORP LTD</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCL CORP LTD 12.25% 05/15/2024 144A</title>
        <cusip>62886HAR2</cusip>
        <identifiers>
          <isin value="US62886HAR21"/>
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        <balance>905000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>946584.75000000</valUSD>
        <pctVal>0.065072356154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12250000</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>JBS USA LLC / JBS USA FIN INC</name>
        <lei>N/A</lei>
        <title>JBS USA LLC / JBS USA FIN INC 5.75% 06/15/2025 144A</title>
        <cusip>466112AR0</cusip>
        <identifiers>
          <isin value="US466112AR07"/>
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        <balance>1275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1290937.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</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>NORTHWEST FIBER LLC</name>
        <lei>254900LE3FBC16P2QY79</lei>
        <title>ZIPLY FIBER TERM B 1LN 05/01/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NWEFBR"/>
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        <balance>1360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1346400.00000000</valUSD>
        <pctVal>0.092557396816</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05672790</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NAT MTG ASSN HECM 2015-H30 HA VAR 11/20/2065</title>
        <cusip>38376RLC8</cusip>
        <identifiers>
          <isin value="US38376RLC87"/>
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        <balance>124677.98120000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125392.80000000</valUSD>
        <pctVal>0.008620046900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-09-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>FX Forward: EUR/USD settle 2020-08-13</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="825085"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>4692.96000000</valUSD>
        <pctVal>0.000322614498</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>NATIONAL AUSTRALIA BANK LTD</counterpartyName>
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            <amtCurPur>142000.00000000</amtCurPur>
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            <settlementDt>2020-08-13</settlementDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GEOPARK LTD</name>
        <lei>529900ZR5QI19AH4KZ07</lei>
        <title>GEOPARK LTD 6.5% 09/21/2024 144A</title>
        <cusip>37255BAA7</cusip>
        <identifiers>
          <isin value="US37255BAA70"/>
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        <balance>325000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>297273.44000000</valUSD>
        <pctVal>0.020435870282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 2.691% 02/01/2042#AK2344</title>
        <cusip>3138E6TA4</cusip>
        <identifiers>
          <isin value="US3138E6TA45"/>
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        <balance>22608.45670000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>23656.87000000</valUSD>
        <pctVal>0.001626276221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03825000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SUMMIT MIDSTREAM PARTNERS LP</name>
        <lei>N/A</lei>
        <title>SUMMIT MIDSTREAM PARTNERS LP 9.5/VAR PERP</title>
        <cusip>866142AA0</cusip>
        <identifiers>
          <isin value="US866142AA01"/>
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        <balance>775000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100750.00000000</valUSD>
        <pctVal>0.006925993560</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2.375% 04/15/2021</title>
        <cusip>9128284G2</cusip>
        <identifiers>
          <isin value="US9128284G23"/>
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        <balance>9090000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9248364.89000000</valUSD>
        <pctVal>0.635772860237</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02375000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 6.50% 12/35 #AD0723</title>
        <cusip>31418MYV8</cusip>
        <identifiers>
          <isin value="US31418MYV89"/>
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        <balance>53615.49550000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>61993.99000000</valUSD>
        <pctVal>0.004261736729</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>LANDESK GROUP INC</name>
        <lei>N/A</lei>
        <title>LANDESK SOFTWARE TERM 2LN 01/20/2025</title>
        <cusip>51501EAE6</cusip>
        <identifiers>
          <isin value="US51501EAE68"/>
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        <balance>535000.00000000</balance>
        <units>PA</units>
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        <name>VIZIENT INC</name>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PETROBRAS GLOBAL FINANCE BV</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MEXICO UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <curCd>USD</curCd>
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        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
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        <identifiers>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>351859.38000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 6.00% 1/34 #255070</title>
        <cusip>31371LJP5</cusip>
        <identifiers>
          <isin value="US31371LJP58"/>
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        <balance>16585.11370000</balance>
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        <curCd>USD</curCd>
        <valUSD>19418.46000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-01-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EXIDE INTERNATIONAL HOLDINGS LP</name>
        <lei>N/A</lei>
        <title>EXIDE TECHNOLOGIES PIK VAR 10/31/2021</title>
        <cusip>30206GAA1</cusip>
        <identifiers>
          <isin value="US30206GAA13"/>
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        <balance>187132.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>174032.76000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.10750000</annualizedRt>
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      <invstOrSec>
        <name>SPAIN, KINGDOM OF</name>
        <lei>9598007A56S18711AH60</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0000012G00"/>
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        <balance>500000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NGL ENERGY PARTNERS LP / NGL ENERGY FIN CORP</name>
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        <cusip>62913TAP7</cusip>
        <identifiers>
          <isin value="US62913TAP75"/>
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        <balance>860000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>653600.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 20YR 3% 05/01/2033#AT3000</title>
        <cusip>3138WQKN1</cusip>
        <identifiers>
          <isin value="US3138WQKN10"/>
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        <balance>72283.45600000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76730.80000000</valUSD>
        <pctVal>0.005274809197</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
        <lei>F8SB4JFBSYQFRQEH3Z21</lei>
        <title>FX Forward: USD/CAD settle 2020-08-13</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="819116"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-22317.42000000</valUSD>
        <pctVal>-0.00153419659</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA REPUBLIC OF 5.125% 01/15/2045 144A</title>
        <cusip>455780BU9</cusip>
        <identifiers>
          <isin value="US455780BU96"/>
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        <balance>825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1006581.51000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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        <securityLending>
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        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
        <title>GERMANY FEDERAL REPUBLIC OF 0% 09/11/2020 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE0001104735"/>
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        <balance>6140000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>RWANDA REP</name>
        <lei>213800AKFASSQE52AZ88</lei>
        <title>RWANDA INTERNATIONAL GOVERNMENT BOND 6.625% 05/02/2023 144A</title>
        <cusip>78347YAA1</cusip>
        <identifiers>
          <isin value="US78347YAA10"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>641671.88000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</annualizedRt>
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        <name>INDIGO NATURAL RESOURCES LLC</name>
        <lei>549300F7DOI6H6TA3C86</lei>
        <title>INDIGO NATURAL RESOURCES LLC 6.875% 02/15/2026 144A</title>
        <cusip>45569LAA9</cusip>
        <identifiers>
          <isin value="US45569LAA98"/>
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        <balance>1135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1055550.00000000</valUSD>
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        <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>0.06875000</annualizedRt>
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        <name>RUSSIA FEDN MINISTRY FINANCE</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIA FEDN MINISTRY FINANCE 4.375% 03/21/2029 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0ZYYN4"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>681000.00000000</valUSD>
        <pctVal>0.046814904361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>SPIRIT AEROSYSTEMS INC</name>
        <lei>ZD2NBKV6GCC3UMGBM518</lei>
        <title>SPIRIT AEROSYSTEMS INC 7.5% 04/15/2025 144A</title>
        <cusip>85205TAL4</cusip>
        <identifiers>
          <isin value="US85205TAL44"/>
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        <balance>905000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>892556.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2.5% 02/28/2021</title>
        <cusip>9128286D7</cusip>
        <identifiers>
          <isin value="US9128286D73"/>
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        <balance>5080000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5158581.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-02-28</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TULLOW OIL PLC</name>
        <lei>2138003EYHWO75RKS857</lei>
        <title>TULLOW OIL PLC 6.25% 04/15/2022 144A</title>
        <cusip>899415AC7</cusip>
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          <isin value="US899415AC75"/>
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        <balance>2580000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1897241.70000000</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>2022-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</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>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2012-64 KI 3.5% 11/20/2036</title>
        <cusip>38378EZH9</cusip>
        <identifiers>
          <isin value="US38378EZH97"/>
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        <balance>20945.60310000</balance>
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        <curCd>USD</curCd>
        <valUSD>308.70000000</valUSD>
        <pctVal>0.000021221381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JBS USA LUX SA / JBS FOOD CO / JBS USA FINANCE INC</name>
        <lei>N/A</lei>
        <title>JBS USA LUX SA / JBS FOOD CO / JBS USA FINANCE INC 5.5% 01/15/2030 144A</title>
        <cusip>46590XAB2</cusip>
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          <isin value="US46590XAB29"/>
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        <balance>1085000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1112125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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      <invstOrSec>
        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 7.5% 03/15/2027</title>
        <cusip>893647BH9</cusip>
        <identifiers>
          <isin value="US893647BH98"/>
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        <balance>960000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>922636.80000000</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>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
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      <invstOrSec>
        <name>HOLOGIC INC</name>
        <lei>549300DYP6F5ZJL0LB74</lei>
        <title>HOLOGIC INC 4.375% 10/15/2025 144A</title>
        <cusip>436440AK7</cusip>
        <identifiers>
          <isin value="US436440AK75"/>
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        <balance>320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>323132.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>OUTFRONT MEDIA CAP LLC / OUTFRONT MEDIA CAP CORP</name>
        <lei>N/A</lei>
        <title>OUTFRONT MEDIA CAP LLC / OUTFRONT MEDIA CAP CORP 4.625% 03/15/2030 144A</title>
        <cusip>69007TAC8</cusip>
        <identifiers>
          <isin value="US69007TAC80"/>
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        <balance>595000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>545388.90000000</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>2030-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</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>JAPAN GOVERNMENT OF</name>
        <lei>N/A</lei>
        <title>JAPAN GOVERNMENT OF 0.1% 09/20/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1103561KA2"/>
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        <balance>738800000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>6900206.27000000</valUSD>
        <pctVal>0.474350215274</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00100000</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>SPRINT CAPITAL CORP</name>
        <lei>549300L17W0GQBR1PO80</lei>
        <title>SPRINT CAPITAL CORP 6.875% 11/15/2028</title>
        <cusip>852060AD4</cusip>
        <identifiers>
          <isin value="US852060AD48"/>
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        <balance>8522000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10385761.40000000</valUSD>
        <pctVal>0.713962447368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</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>BOISE CASCADE CO DEL</name>
        <lei>549300Z8B8LSRHC7XA55</lei>
        <title>BOISE CASCADE CO DEL 5.625% 09/01/2024 144A</title>
        <cusip>09739DAC4</cusip>
        <identifiers>
          <isin value="US09739DAC48"/>
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        <balance>225000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>226687.50000000</valUSD>
        <pctVal>0.015583485510</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2% 11/15/26</title>
        <cusip>912828U24</cusip>
        <identifiers>
          <isin value="US912828U246"/>
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        <balance>9305000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10217689.67000000</valUSD>
        <pctVal>0.702408465040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</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>FACEBOOK INC</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>FACEBOOK INC CL A</title>
        <cusip>30303M102</cusip>
        <identifiers>
          <isin value="US30303M1027"/>
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        <balance>9200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2089044.00000000</valUSD>
        <pctVal>0.143609978070</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>STUDIO CITY CO LTD</name>
        <lei>N/A</lei>
        <title>STUDIO CITY CO LTD 7.25% 11/30/2021 144A</title>
        <cusip>86400GAB5</cusip>
        <identifiers>
          <isin value="US86400GAB59"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>353609.38000000</valUSD>
        <pctVal>0.024308648026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>TURKEY REPUBLIC OF</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKEY REPUBLIC OF 5.75% 05/11/2047</title>
        <cusip>900123CM0</cusip>
        <identifiers>
          <isin value="US900123CM05"/>
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        <balance>940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>769625.00000000</valUSD>
        <pctVal>0.052907372641</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-05-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</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>OCCIDENTAL PETROLEUM CORP</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>OCCIDENTAL PETROLEUM CORP 3.4% 04/15/26</title>
        <cusip>674599CH6</cusip>
        <identifiers>
          <isin value="US674599CH65"/>
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        <balance>65000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>53137.50000000</valUSD>
        <pctVal>0.003652903055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03400000</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>ADVANCED DRAIN SYS INC DEL</name>
        <lei>6QQTOZ5MF5DHM7K92I60</lei>
        <title>ADVANCED DRAIN SYS INC DEL 5% 09/30/2027 144A</title>
        <cusip>00790RAA2</cusip>
        <identifiers>
          <isin value="US00790RAA23"/>
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        <balance>125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125937.50000000</valUSD>
        <pctVal>0.008657491950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>MDC GMTN BV</name>
        <lei>213800L53ZH5KG593W13</lei>
        <title>MDC GMTN BV 2.875% 11/07/2029 144A</title>
        <cusip>55276VAJ1</cusip>
        <identifiers>
          <isin value="US55276VAJ17"/>
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        <balance>530000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>554703.30000000</valUSD>
        <pctVal>0.038132719439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02875000</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>MELCO RESORTS FIN LTD</name>
        <lei>529900NRV6LBR3T6B421</lei>
        <title>MCE FINANCE LTD 4.875% 06/06/2025 144A</title>
        <cusip>58547DAA7</cusip>
        <identifiers>
          <isin value="US58547DAA72"/>
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        <balance>1502000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1509574.35000000</valUSD>
        <pctVal>0.103774711925</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ARCONIC ROLLED PRODUCTS CORP</name>
        <lei>549300B4YFWH3U74B152</lei>
        <title>ARCONIC ROLLED PRODUCTS CORP 6% 05/15/2025 144A</title>
        <cusip>03966VAB3</cusip>
        <identifiers>
          <isin value="US03966VAB36"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>411500.00000000</valUSD>
        <pctVal>0.028288301240</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 3% 02/15/2049</title>
        <cusip>912810SF6</cusip>
        <identifiers>
          <isin value="US912810SF66"/>
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        <balance>16081000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>22188639.22000000</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>2049-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>COMSTOCK RESOURCES INC</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>COMSTOCK RESOURCES INC 9.75% 08/15/2026</title>
        <cusip>205768AR5</cusip>
        <identifiers>
          <isin value="US205768AR55"/>
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        <balance>445000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>415518.75000000</valUSD>
        <pctVal>0.028564567608</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09750000</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>Fidelity Central Investment Portfolios LLC</name>
        <lei>S2V1M15I679NQK6BNY65</lei>
        <title>Fidelity Floating Rate Central Fund</title>
        <cusip>31606V708</cusip>
        <identifiers>
          <isin value="US31606V7082"/>
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        <balance>1519143.29500000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>142647555.40000000</valUSD>
        <pctVal>9.806213896321</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>
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      </invstOrSec>
      <invstOrSec>
        <name>CDW CORP</name>
        <lei>N/A</lei>
        <title>CDW CORPORATION</title>
        <cusip>12514G108</cusip>
        <identifiers>
          <isin value="US12514G1085"/>
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        <balance>8600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>999148.00000000</valUSD>
        <pctVal>0.068685782764</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>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NAT MTG ASSN HECM 2018-H12 HA 3.25% 08/20/2068</title>
        <cusip>38380LGR8</cusip>
        <identifiers>
          <isin value="US38380LGR87"/>
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        <balance>1357105.26000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1473952.16000000</valUSD>
        <pctVal>0.101325887523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BOAM SWAP PAY 1.57 02/20/25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSL2O02NX"/>
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        <balance>-2900000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-40595.80000000</valUSD>
        <pctVal>-0.00279073200</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>BANK OF AMERICA, N.A.</counterpartyName>
              <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
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                    <counterpartyName>BANK OF AMERICA, N.A.</counterpartyName>
                    <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
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                  <derivAddlInfo>
                    <name>BANK OF AMERICA, N.A.</name>
                    <lei>B4TYDEB6GKMZO031MB27</lei>
                    <title>BOAM FSWP IRS 02/24/30 3MLV1.57%</title>
                    <cusip>N/A</cusip>
                    <identifiers>
                      <other otherDesc="Internal" value="FGJ294000"/>
                    </identifiers>
                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>US</invCountry>
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                  <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="0.01570000"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="LIBOR (US)(3 MO) RATE LONDON INTERBANK OFFERED RATE" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
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                      <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
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                  <terminationDt>2030-02-24</terminationDt>
                  <upfrontPmnt>0.00000000</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0.00000000</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>-2900000.00000000</notionalAmt>
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            <shareNo>1.00000000</shareNo>
            <exercisePrice>1.57000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2025-02-20</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>41546.70000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NAT MTG ASSN HECM 2016-H02 FM 1ML+50 09/20/2062</title>
        <cusip>38376RPN0</cusip>
        <identifiers>
          <isin value="US38376RPN07"/>
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        <balance>35835.21670000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>35827.51000000</valUSD>
        <pctVal>0.002462938992</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-09-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00803380</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>HILCORP ENERGY I LP/FIN CO</name>
        <lei>N/A</lei>
        <title>HILCORP ENERGY I LP/FIN CO 6.25% 11/01/2028 144A</title>
        <cusip>431318AS3</cusip>
        <identifiers>
          <isin value="US431318AS36"/>
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        <balance>590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>473475.00000000</valUSD>
        <pctVal>0.032548732514</pctVal>
        <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>0.06250000</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>FELCOR LODGING LP</name>
        <lei>N/A</lei>
        <title>FELCOR LODGING LP 6% 6/1/25</title>
        <cusip>31430QBG1</cusip>
        <identifiers>
          <isin value="US31430QBG10"/>
        </identifiers>
        <balance>565000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>548620.65000000</valUSD>
        <pctVal>0.037714571600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>AES CORP</name>
        <lei>2NUNNB7D43COUIRE5295</lei>
        <title>AES CORP 4.5% 03/15/2023</title>
        <cusip>00130HCA1</cusip>
        <identifiers>
          <isin value="US00130HCA14"/>
        </identifiers>
        <balance>235000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>233073.00000000</valUSD>
        <pctVal>0.016022452575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</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>CHS/CMNTY HEALTH SYSTEMS INC</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/CMNTY HEALTH SYSTEMS INC STEP 06/30/2023 144A</title>
        <cusip>12543DAZ3</cusip>
        <identifiers>
          <isin value="US12543DAZ33"/>
        </identifiers>
        <balance>1825000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1419758.75000000</valUSD>
        <pctVal>0.097600396618</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-06-30</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09875000</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>TRICER HOLDCO S.C.A.</name>
        <lei>N/A</lei>
        <title>TRICER HOLDCO S.C.A CLASS A4 PP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="CIB765000"/>
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        <balance>16755.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18.62000000</valUSD>
        <pctVal>0.000001280019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GNR 2015-H13 FL 1ML+28 05/63</title>
        <cusip>38376RCN4</cusip>
        <identifiers>
          <isin value="US38376RCN44"/>
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        <balance>12582.06270000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>12537.11000000</valUSD>
        <pctVal>0.000861855514</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-05-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00583380</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>N/A</lei>
        <title>FNR 2003-70 BJ 5% 7/33</title>
        <cusip>31393DAN1</cusip>
        <identifiers>
          <isin value="US31393DAN12"/>
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        <balance>8402.10870000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9563.79000000</valUSD>
        <pctVal>0.000657456555</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JBS INVESTMENTS II GMBH</name>
        <lei>529900V1Q46CPWIWT649</lei>
        <title>JBS INVESTMENTS II GMBH 5.75% 01/15/2028 144A</title>
        <cusip>46650CAB5</cusip>
        <identifiers>
          <isin value="US46650CAB54"/>
        </identifiers>
        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>568422.00000000</valUSD>
        <pctVal>0.039075802594</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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      </invstOrSec>
      <invstOrSec>
        <name>NUSTAR LOGISTICS LP</name>
        <lei>N62BF2PKP51FIIOIUN20</lei>
        <title>NUSTAR LOGISTICS LP 6% 06/01/2026</title>
        <cusip>67059TAF2</cusip>
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          <isin value="US67059TAF21"/>
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        <balance>640000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>627200.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>N/A</lei>
        <title>FHLG 20YR 3% 06/01/2033#K90632</title>
        <cusip>3132J2VZ3</cusip>
        <identifiers>
          <isin value="US3132J2VZ30"/>
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        <curCd>USD</curCd>
        <valUSD>207199.43000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
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      <invstOrSec>
        <name>RUMO LUXEMBOURG SARL</name>
        <lei>222100HOIQFT7YOSPB46</lei>
        <title>RUMO LUXEMBOURG SARL 7.375% 02/09/2024 144A</title>
        <cusip>781467AA3</cusip>
        <identifiers>
          <isin value="US781467AA33"/>
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        <balance>1607000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1684537.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07375000</annualizedRt>
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      <invstOrSec>
        <name>ODEBRECHT FINANCE LTD</name>
        <lei>N/A</lei>
        <title>ODEBRECHT FIN 7.125 6/42 144A</title>
        <cusip>675758AJ5</cusip>
        <identifiers>
          <isin value="US675758AJ51"/>
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        <balance>1406000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77330.00000000</valUSD>
        <pctVal>0.005316000813</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-06-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>KAR AUCTION SVCS INC</name>
        <lei>5493004HKD20LBSG7D03</lei>
        <title>KAR AUCTION SVCS INC 5.125% 06/01/2025 144A</title>
        <cusip>48238TAA7</cusip>
        <identifiers>
          <isin value="US48238TAA79"/>
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        <balance>525000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>517125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</annualizedRt>
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        <name>FMG RESOURCES AUG'06 PTY LTD</name>
        <lei>549300EFD6S2NFE9D745</lei>
        <title>FMG RES AUGUST 2006 PTY LTD 4.75% 05/15/2022 144A</title>
        <cusip>30251GAU1</cusip>
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        <balance>405000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>412804.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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      <invstOrSec>
        <name>PENHALL ACQUISITION COMPANY</name>
        <lei>N/A</lei>
        <title>PENHALL ACQUISITION CMPNY CL B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="39Q994236"/>
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        <balance>107.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8216.53000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>CITGO PETROLEUM CORP</name>
        <lei>YX52P86PXMLYDOTUQ225</lei>
        <title>CITGO PETROLEUM CORP 6.25% 08/15/22 144A</title>
        <cusip>17302XAJ5</cusip>
        <identifiers>
          <isin value="US17302XAJ54"/>
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        <balance>1685000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1674502.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRAQ REP</name>
        <lei>N/A</lei>
        <title>IRAQ REP 5.8% 1/15/28 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0240295575"/>
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        <balance>2550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2292609.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IQ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05800000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PACIFIC GAS and ELE 3.75% 8/15/42</title>
        <cusip>694308HA8</cusip>
        <identifiers>
          <isin value="US694308HA83"/>
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        <balance>555000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>574425.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03750000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ELDORADO RESORTS INC</name>
        <lei>5299000BKFWWVND5L441</lei>
        <title>ELDORADO RESORTS INC</title>
        <cusip>28470R102</cusip>
        <identifiers>
          <isin value="US28470R1023"/>
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        <balance>37600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1506256.00000000</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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          <isCashCollateral>N</isCashCollateral>
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        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG ENERGY INC</title>
        <cusip>629377508</cusip>
        <identifiers>
          <isin value="US6293775085"/>
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        <balance>27900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>908424.00000000</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>MYLAN NV</name>
        <lei>549300A0CD4KNFGIIS89</lei>
        <title>MYLAN NV 3.125% 11/22/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1492458044"/>
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        <balance>1859000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
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        <pctVal>0.161183838767</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03125000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>RPI INTERMEDIATE FINANCE TRUST</name>
        <lei>5493009EMOUZYHVGX031</lei>
        <title>ROYALTY PHARMA TERM B 1LN 02/11/2027</title>
        <cusip>74968YAC4</cusip>
        <identifiers>
          <isin value="US74968YAC49"/>
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        <balance>264204.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>255398.46000000</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>2027-02-11</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01923630</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>OCCIDENTAL PETROLEUM CORP</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
        <title>OCCIDENTAL PETROLEUM CORP 6.2% 03/15/2040</title>
        <cusip>674599DJ1</cusip>
        <identifiers>
          <isin value="US674599DJ13"/>
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        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>293125.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EQM MIDSTREAM PARTNERS LP</name>
        <lei>549300NELT611CL6XM83</lei>
        <title>EQM MIDSTREAM PARTNERS LP 6% 07/01/2025 144A</title>
        <cusip>26885BAF7</cusip>
        <identifiers>
          <isin value="US26885BAF76"/>
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        <balance>565000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>570650.00000000</valUSD>
        <pctVal>0.039228965012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CRESTWOOD MIDSTREAM PARTNERS LP/CRESTWOOD MIDSTREAM FIN CORP</name>
        <lei>N/A</lei>
        <title>CRESTWOOD MIDSTRM PTN/FIN CORP 5.625% 05/01/2027 144A</title>
        <cusip>226373AQ1</cusip>
        <identifiers>
          <isin value="US226373AQ18"/>
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        <balance>960000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>800342.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>TRICER HOLDCO S.C.A.</name>
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        <title>TRICER HOLDCO S.C.A CLASS A2 PP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="CIB761000"/>
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        <balance>16755.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18.62000000</valUSD>
        <pctVal>0.000001280019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 3.0% 05/15/2045</title>
        <cusip>912810RM2</cusip>
        <identifiers>
          <isin value="US912810RM27"/>
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        <balance>1800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2416007.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</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>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>BOMBARDIER INC 6.125% 01/15/2023 144A</title>
        <cusip>097751BF7</cusip>
        <identifiers>
          <isin value="US097751BF74"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>447070.00000000</valUSD>
        <pctVal>0.030733537874</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</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>YPF SOCIEDAD ANONIMA</name>
        <lei>5493003N7447U18U5U53</lei>
        <title>YPF SOCIEDAD ANONIMA 8.5% 03/23/2021 144A</title>
        <cusip>984245AM2</cusip>
        <identifiers>
          <isin value="US984245AM20"/>
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        <balance>905000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>764725.00000000</valUSD>
        <pctVal>0.052570525312</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</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>WESTROCK CO</name>
        <lei>549300JEB576INN13W07</lei>
        <title>WESTROCK CO</title>
        <cusip>96145D105</cusip>
        <identifiers>
          <isin value="US96145D1054"/>
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        <balance>27600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>779976.00000000</valUSD>
        <pctVal>0.053618945438</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>TRICER HOLDCO S.C.A.</name>
        <lei>N/A</lei>
        <title>TRICER HOLDCO S.C.A CLASS A9 PP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="CIB770000"/>
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        <balance>16755.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18.62000000</valUSD>
        <pctVal>0.000001280019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TAYLOR MORRISON CMNTYS INC / MONARCH CMNTYS INC</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>TAYLOR MORRISON CMNTY/ MONARCH 6% 09/01/2023 144A</title>
        <cusip>87724RAC6</cusip>
        <identifiers>
          <isin value="US87724RAC60"/>
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        <balance>375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>383437.50000000</valUSD>
        <pctVal>0.026359162835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06000000</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>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA REPUBLIC OF 3.85% 10/15/2030</title>
        <cusip>455780CS3</cusip>
        <identifiers>
          <isin value="US455780CS32"/>
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        <balance>330000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>366300.00000000</valUSD>
        <pctVal>0.025181056486</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03850000</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 NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NAT MTG AS REMIC PT 1ML+45 08/20/2049</title>
        <cusip>38381YAW4</cusip>
        <identifiers>
          <isin value="US38381YAW49"/>
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        <balance>2648923.59500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2651137.83000000</valUSD>
        <pctVal>0.182250754712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00640000</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>ADOBE INC</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
        <title>ADOBE INC</title>
        <cusip>00724F101</cusip>
        <identifiers>
          <isin value="US00724F1012"/>
        </identifiers>
        <balance>7700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3351887.00000000</valUSD>
        <pctVal>0.230423302987</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>VISTRA ENERGY CORP</name>
        <lei>549300KP43CPCUJOOG15</lei>
        <title>VISTRA ENERGY CORP</title>
        <cusip>92840M102</cusip>
        <identifiers>
          <isin value="US92840M1027"/>
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        <balance>82200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1530564.00000000</valUSD>
        <pctVal>0.105217631833</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>GNMA GUARANTEED PASS THRU CERT</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II 4.68% 1/62 #765173</title>
        <cusip>36176F2E7</cusip>
        <identifiers>
          <isin value="US36176F2E73"/>
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        <balance>2125.70050000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2167.53000000</valUSD>
        <pctVal>0.000149005447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2062-01-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05196000</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>WYNN MACAU LIMITED</name>
        <lei>254900NMDQ8ENTHU1I31</lei>
        <title>WYNN MACAU LIMITED 5.125% 12/15/2029 144A</title>
        <cusip>98313RAE6</cusip>
        <identifiers>
          <isin value="US98313RAE62"/>
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        <balance>890000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>863300.00000000</valUSD>
        <pctVal>0.059346999904</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</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>CONSOLIDATED ENERGY FINANCE SA</name>
        <lei>549300PUNIS0USNSL750</lei>
        <title>CONSOLIDATED ENERGY FINANCE SA 6.5% 05/15/2026 144A</title>
        <cusip>20914UAE6</cusip>
        <identifiers>
          <isin value="US20914UAE64"/>
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        <balance>2795000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2347800.00000000</valUSD>
        <pctVal>0.161397991863</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>EXTERRAN ENERGY SOLUTIONS LP / EES FIN CORP</name>
        <lei>549300SUVC37AAD0DT62</lei>
        <title>EXTERRAN ENERGY SOLUTIONS LP / EES FIN CORP 8.125% 05/01/2025</title>
        <cusip>30227KAE9</cusip>
        <identifiers>
          <isin value="US30227KAE91"/>
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        <balance>575000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>475812.50000000</valUSD>
        <pctVal>0.032709422439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08125000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2008-73 FA 1ML+86 8/38</title>
        <cusip>38375XJZ8</cusip>
        <identifiers>
          <isin value="US38375XJZ87"/>
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        <balance>60865.61680000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>61889.30000000</valUSD>
        <pctVal>0.004254539883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-08-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01050000</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>INTELSAT JACKSON HLDGS S A</name>
        <lei>8XJ8KF85PBKK1TLMFN29</lei>
        <title>INTELSAT JACKSON HLDGS SA 8% 02/15/2024 144A</title>
        <cusip>45824TAR6</cusip>
        <identifiers>
          <isin value="US45824TAR68"/>
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        <balance>1285000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1303221.30000000</valUSD>
        <pctVal>0.089589105023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08000000</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>SAUDI ARABIAN OIL COMPANY</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>SAUDI ARABIAN OIL CO 4.375% 04/16/2049 144A</title>
        <cusip>80414L2F1</cusip>
        <identifiers>
          <isin value="US80414L2F13"/>
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        <balance>1170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1318809.38000000</valUSD>
        <pctVal>0.090660697496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04375000</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>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WELLS FARGO and CO NEW 5.9%/VAR PERP</title>
        <cusip>949746RG8</cusip>
        <identifiers>
          <isin value="US949746RG83"/>
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        <balance>3065000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3034135.45000000</valUSD>
        <pctVal>0.208579678282</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AUSTRALIA, COMMONWEALTH OF</name>
        <lei>213800J6B7JSBDETCB42</lei>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>LONDON CLEARING HOUSE</name>
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        <name>PEMEX PROJ FDG MASTER TR</name>
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        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
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        <name>GLOBAL PAYMENTS INC</name>
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        <name>MURRAY ENERGY CORP</name>
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        <name>ENCOMPASS HEALTH CORP</name>
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        <name>NATIONAL AUSTRALIA BANK LTD</name>
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        <name>OIL AND GAS HOLDING CO BSCC/THE</name>
        <lei>549300OBH16L6TS6IW50</lei>
        <title>OIL AND GAS HOLDING CO BSCC/THE 7.625% 11/07/2024 144A</title>
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        <invCountry>BH</invCountry>
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      <invstOrSec>
        <name>ALLY FINL INC</name>
        <lei>549300JBN1OSM8YNAI90</lei>
        <title>GENERAL MOTORS ACCEPT CORP 8.0% 11/01/2031</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>MELCO RESORTS FIN LTD</name>
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        <curCd>USD</curCd>
        <valUSD>434195.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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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>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE GOVERNMENT 7.375% 09/25/2032 144A</title>
        <cusip>903724BM3</cusip>
        <identifiers>
          <isin value="US903724BM37"/>
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        <balance>355000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALCOA NEDERLAND HOLDING</name>
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        <cusip>013822AB7</cusip>
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          <isin value="US013822AB71"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GERMANY FEDERAL REPUBLIC OF</name>
        <lei>529900AQBND3S6YJLY83</lei>
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        <cusip>N/A</cusip>
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          <isin value="DE0001102465"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>HARVEST OIL and GAS CORP</name>
        <lei>54930021ZVE2EXF2SS09</lei>
        <title>HARVEST OIL and GAS CORP</title>
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          <isin value="US41755V2016"/>
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        <curCd>USD</curCd>
        <valUSD>28035.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>COMMERZBANK AG</name>
        <lei>851WYGNLUQLFZBSYGB56</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000CZ40LD5"/>
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        <balance>1200000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EXTRACTION OIL and GAS INC</name>
        <lei>5493002FL3WIE1JVUP20</lei>
        <title>EXTRACTION OIL AND GAS INC 7.375% 05/15/2024 144A</title>
        <cusip>30227MAA3</cusip>
        <identifiers>
          <isin value="US30227MAA36"/>
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        <balance>365000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>70262.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07375000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>WOLVERINE ESCROW LLC</name>
        <lei>N/A</lei>
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        <cusip>97789LAC0</cusip>
        <identifiers>
          <isin value="US97789LAC00"/>
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        <balance>1215000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>795825.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>TRAVELPORT FIN (LUX) SARL</name>
        <lei>2221005SGFWYZHL40F77</lei>
        <title>TRAVELPORT TERM B 2LN 05/28/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XAL9308UAS95"/>
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        <balance>655000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186020.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PTC INC</name>
        <lei>54930050SSMU8SKDJ030</lei>
        <title>PTC INC 4% 02/15/2028 144A</title>
        <cusip>69370CAC4</cusip>
        <identifiers>
          <isin value="US69370CAC47"/>
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        <balance>345000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>342433.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PG and E TERM EXITB 1LN 06/18/2025</title>
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        <identifiers>
          <ticker value="PCG"/>
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        <curCd>USD</curCd>
        <valUSD>1648500.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>GEMS MENASA KY LTD/GEMS</name>
        <lei>N/A</lei>
        <title>GEMS MENASA KY LTD/GEMS 7.125% 07/31/2026 144A</title>
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          <isin value="US36166LAA52"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>CARRIER GLOBAL CORP</name>
        <lei>549300JE3W6CWY2NAN77</lei>
        <title>CARRIER GLOBAL CORP</title>
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          <isin value="US14448C1045"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <name>VIDEOTRON LTD</name>
        <lei>549300BBCGA0CYX8IL74</lei>
        <title>VIDEOTRON LTD / VIDEOTRON LTEE 5.125% 04/15/2027 144A</title>
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        <curCd>USD</curCd>
        <valUSD>638142.39000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</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>FED HOME LOAN MTG CORP - GOLD</name>
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        <title>FHLG 20YR 3.0% 06/01/2033#C91709</title>
        <cusip>3128P73S0</cusip>
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          <isin value="US3128P73S04"/>
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        <balance>85764.98700000</balance>
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        <curCd>USD</curCd>
        <valUSD>91066.14000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>CCO HLDGS LLC/CCO HLDGS CAP CORP</name>
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        <name>HAWAIIAN AIRLS 2013-1B PASS THRU TR</name>
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        <name>ISRAEL, STATE OF</name>
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        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>PETROBRAS GLOBAL FINANCE BV</name>
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        <name>PACIFIC GAS and ELECTRIC CO</name>
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        <name>SIRIUS XM RADIO INC</name>
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        <name>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
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        <name>DOMINICAN REPUBLIC</name>
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        <name>PAMPA ENERGIA S.A</name>
        <lei>254900QNIK0CVURGML24</lei>
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        <name>BANK OF AMERICA, N.A.</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>SABLE INTL FINANCE LTD</name>
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        <issuerCat>CORP</issuerCat>
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        <name>CROWN CASTLE INTL CORP</name>
        <lei>54930012H97VSM0I2R19</lei>
        <title>CROWN CASTLE INTL CORP 5.25% 01/15/2023</title>
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          <isin value="US228227BD57"/>
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        <curCd>USD</curCd>
        <valUSD>1702521.06000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="834606"/>
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        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>398.40000000</valUSD>
        <pctVal>0.000027387750</pctVal>
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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>JPMORGAN CHASE BANK NA NEW YORK NY</counterpartyName>
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      <invstOrSec>
        <name>INDONESIA REPUBLIC OF</name>
        <lei>254900G208H6Q0L5B953</lei>
        <title>INDONESIA REPUBLIC OF 4.35% 01/11/2048</title>
        <cusip>455780CE4</cusip>
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          <isin value="US455780CE46"/>
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        <curCd>USD</curCd>
        <valUSD>450000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BIZ FINANCE PLC</name>
        <lei>254900R5STMV7BZYC307</lei>
        <title>BIZ FINANCE PLC 9.625% 04/27/2022 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1261826512"/>
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        <balance>336666.67000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>343926.05000000</valUSD>
        <pctVal>0.023642973770</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09625000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ENERGY TRANSFER OPERATING MLP</name>
        <lei>5493008K8W3OKZE54J59</lei>
        <title>ENERGY TRANSFER OPERATING MLP 6.25%/VAR PERP</title>
        <cusip>29278NAA1</cusip>
        <identifiers>
          <isin value="US29278NAA19"/>
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        <balance>3540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2716950.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>TRICER HOLDCO S.C.A.</name>
        <lei>N/A</lei>
        <title>TRICER HOLDCO S.C.A CLASS A1 PP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="CIB760000"/>
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        <balance>16755.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18.62000000</valUSD>
        <pctVal>0.000001280019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DCP MIDSTREAM LLC</name>
        <lei>VQOHU6HCVU6YY1KUKU03</lei>
        <title>DCP MIDSTREAM LLC 5.85%/VAR 05/21/2043 144A</title>
        <cusip>23311RAH9</cusip>
        <identifiers>
          <isin value="US23311RAH93"/>
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        <balance>885000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>619500.00000000</valUSD>
        <pctVal>0.042587126654</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-05-21</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05850000</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>VS BUYER LLC</name>
        <lei>N/A</lei>
        <title>VEEAM SOFTWARE TERM B 1LN 02/28/2027</title>
        <cusip>91834WAC4</cusip>
        <identifiers>
          <isin value="US91834WAC47"/>
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        <balance>124687.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>120011.72000000</valUSD>
        <pctVal>0.008250128038</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-28</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03428250</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>SPRINGLEAF FINANCE CORPORATION</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>SPRINGLEAF FIN CRP MED TRM NTS 7.125% 03/15/2026</title>
        <cusip>85172FAN9</cusip>
        <identifiers>
          <isin value="US85172FAN96"/>
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        <balance>3405000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3524140.95000000</valUSD>
        <pctVal>0.242264789323</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>0.07125000</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>CONSOLIDATED ENERGY FINANCE SA</name>
        <lei>549300PUNIS0USNSL750</lei>
        <title>CONSOLIDATED ENERGY FINANCE SA 6.875% 06/15/2025 144A</title>
        <cusip>20914UAD8</cusip>
        <identifiers>
          <isin value="US20914UAD81"/>
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        <balance>560000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>476000.00000000</valUSD>
        <pctVal>0.032722312005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</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>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PACIFIC GAS AND ELECTRIC CO (PVT BACKSTOP) RT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="GCE883000"/>
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        <balance>26136.36000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26136.36000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALTICE FRANCE SA</name>
        <lei>5493001ZMCICV4N02J21</lei>
        <title>NUMERICABLE SFR 7.375% 05/01/2026 144A</title>
        <cusip>67054KAA7</cusip>
        <identifiers>
          <isin value="US67054KAA79"/>
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        <balance>5100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5318280.00000000</valUSD>
        <pctVal>0.365601717423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07375000</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>CNX MIDSTREAM PARTNERS LP / CNX MIDSTREAM FINANCE CORP</name>
        <lei>N/A</lei>
        <title>CNX MIDSTREAM PTR/CNX 6.5% 03/15/2026 144A</title>
        <cusip>12654TAA8</cusip>
        <identifiers>
          <isin value="US12654TAA88"/>
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        <balance>335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>308200.00000000</valUSD>
        <pctVal>0.021187009580</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>0.06500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VISA INC</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>VISA INC CL A</title>
        <cusip>92826C839</cusip>
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          <isin value="US92826C8394"/>
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        <balance>8500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1641945.00000000</valUSD>
        <pctVal>0.112874446609</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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        <name>SPRINT CORP</name>
        <lei>549300ZTTY7CXOLJ6539</lei>
        <title>SPRINT CORP 7.625% 03/01/2026</title>
        <cusip>85207UAK1</cusip>
        <identifiers>
          <isin value="US85207UAK16"/>
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        <balance>540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>637399.80000000</valUSD>
        <pctVal>0.043817636823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALLEN MEDIA LLC</name>
        <lei>N/A</lei>
        <title>ALLEN MEDIA TERM B 1LN 02/10/2027</title>
        <cusip>01771JAE3</cusip>
        <identifiers>
          <isin value="US01771JAE38"/>
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        <balance>443817.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>420148.56000000</valUSD>
        <pctVal>0.028882840901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.05807880</annualizedRt>
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      <invstOrSec>
        <name>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
        <title>RUSSIAN FEDN 5.25% 06/23/2047 144A</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RU000A0JXU22"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1321000.00000000</valUSD>
        <pctVal>0.090811290251</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INFINEON TECHNOLOGIES AG</name>
        <lei>TSI2PJM6EPETEQ4X1U25</lei>
        <title>INFINEON TECHNOLOGIES AG 2% 06/24/2032 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2194192527"/>
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        <balance>1400000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
        <valUSD>1565535.68000000</valUSD>
        <pctVal>0.107621737346</pctVal>
        <payoffProfile>Long</payoffProfile>
        <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>0.02000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>SOUTHEASTERN GROCERS INC</name>
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        <name>HCA HEALTHCARE INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BERMUDA GOVERNMENT OF</name>
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        <name>HUB INTERNATIONAL LTD</name>
        <lei>549300JQT6ATTUNS5E06</lei>
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        <name>STATE STREET BANK AND TRUST COMPANY</name>
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        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2010-31 BP 5% 3/20/40</title>
        <cusip>38376XL68</cusip>
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        <invCountry>US</invCountry>
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        <name>DEVELOPMENT BANK OF MONGOLIA</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>ELEMENT SOLUTIONS INC</name>
        <lei>549300FLGN6P5CU20J91</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ON SEMICONDUCTOR CORP</name>
        <lei>ZV20P4CNJVT8V1ZGJ064</lei>
        <title>ON SEMICONDUCTOR TERM B4 1LN 09/19/2026</title>
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        <title>PILGRIMS PRIDE CORP 5.75% 03/15/2025 144A</title>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NAT MA 2016-H20 FM 1ML+40 12/20/2062</title>
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        <name>WELLS FARGO and CO</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
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        <name>CVR ENERGY INC</name>
        <lei>529900SOYZIXZBTXB558</lei>
        <title>CVR ENERGY INC 5.25% 02/15/2025 144A</title>
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        <issuerCat>CORP</issuerCat>
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        <name>DCP MIDSTREAM LP</name>
        <lei>52990024YYS3MLGW0E91</lei>
        <title>DCP MIDSTREAM LP 7.375%/VAR PERP</title>
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        <curCd>USD</curCd>
        <valUSD>537959.00000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>VISTRA OPERATIONS CO LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>VISTRA OPERATIONS CO LLC 5.5% 09/01/2026 144A</title>
        <cusip>92840VAA0</cusip>
        <identifiers>
          <isin value="US92840VAA08"/>
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        <balance>820000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>838974.80000000</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>0.05500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHEMOURS CO</name>
        <lei>549300M1BOLNXL8DOV14</lei>
        <title>CHEMOURS CO/ THE</title>
        <cusip>163851108</cusip>
        <identifiers>
          <isin value="US1638511089"/>
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        <balance>21000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>322350.00000000</valUSD>
        <pctVal>0.022159742174</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>COMSTOCK RESOURCES INC</name>
        <lei>I03QQGEA4SS774AURI46</lei>
        <title>COMSTOCK ESCROW CORP 9.75% 08/15/2026</title>
        <cusip>205677AB3</cusip>
        <identifiers>
          <isin value="US205677AB38"/>
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        <balance>3060000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2862262.80000000</valUSD>
        <pctVal>0.196764404167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09750000</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>PARSLEY ENERGY LLC / PARSLEY FINANCE CORP</name>
        <lei>N/A</lei>
        <title>PARSLEY ENERGY LLC / PARSLEY FINANCE CORP 5.625% 10/15/2027 144A</title>
        <cusip>701885AH8</cusip>
        <identifiers>
          <isin value="US701885AH87"/>
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        <balance>220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>216700.00000000</valUSD>
        <pctVal>0.014896901284</pctVal>
        <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>0.05625000</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>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MX 4.875% 1/24</title>
        <cusip>71654QBH4</cusip>
        <identifiers>
          <isin value="US71654QBH48"/>
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        <balance>2355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2264479.69000000</valUSD>
        <pctVal>0.155670191064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NAT MTG AS REMIC PT 2013-124 ES -1ML+866.667 04/20/2039</title>
        <cusip>38378WVW0</cusip>
        <identifiers>
          <isin value="US38378WVW09"/>
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        <balance>54693.75840000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>56837.93000000</valUSD>
        <pctVal>0.003907286721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.08413330</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>PETROLEOS DE VENEZUELA SA</name>
        <lei>549300YWR8TN1OFD4P06</lei>
        <title>PDVSA 12.75% 2/17/22 144A</title>
        <cusip>716558AC5</cusip>
        <identifiers>
          <isin value="US716558AC52"/>
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        <balance>110000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3300.00000000</valUSD>
        <pctVal>0.000226856364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12750000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</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>OOREDOO INTERNATIONAL FINANCE LTD</name>
        <lei>549300BHXCDJ03WU7N77</lei>
        <title>QTEL INTL FIN 5% 10/19/25 144A</title>
        <cusip>74733LAE2</cusip>
        <identifiers>
          <isin value="US74733LAE20"/>
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        <balance>230000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>263925.00000000</valUSD>
        <pctVal>0.018143353353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2.25% 04/30/2024</title>
        <cusip>9128286R6</cusip>
        <identifiers>
          <isin value="US9128286R69"/>
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        <balance>3531000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3805342.14000000</valUSD>
        <pctVal>0.261595783179</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02250000</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>IHS NETHERLANDS HOLDCO BV</name>
        <lei>5493006Z6YQYCCN2XI74</lei>
        <title>IHS NETHERLANDS HOLDCO BV 7.125% 03/18/2025 144A</title>
        <cusip>44963LAB2</cusip>
        <identifiers>
          <isin value="US44963LAB27"/>
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        <balance>940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>947637.50000000</valUSD>
        <pctVal>0.065144726771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</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>ADARO INDONESIA PT</name>
        <lei>2549009Z0YED3S2BID40</lei>
        <title>ADARO INDONESIA PT 4.25% 10/31/2024 144A</title>
        <cusip>69368KAB2</cusip>
        <identifiers>
          <isin value="US69368KAB26"/>
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        <balance>855000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>804501.56000000</valUSD>
        <pctVal>0.055304939191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>TEMPO ACQUISITION LLC / TEMPO ACQUISITION FIN CORP</name>
        <lei>N/A</lei>
        <title>TEMPO ACQUISITION LLC 6.75% 06/01/2025 144A</title>
        <cusip>88023JAA4</cusip>
        <identifiers>
          <isin value="US88023JAA43"/>
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        <balance>475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>480937.50000000</valUSD>
        <pctVal>0.033061737248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>CONTINENTAL RESOURCES INC OKLA</name>
        <lei>XXRTID9RYWOZ0UPIVR53</lei>
        <title>CONTINENTAL RES 4.5% 4/23</title>
        <cusip>212015AL5</cusip>
        <identifiers>
          <isin value="US212015AL58"/>
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        <balance>160000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>152835.20000000</valUSD>
        <pctVal>0.010506556932</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</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>OOREDOO INTERNATIONAL FINANCE LTD</name>
        <lei>549300BHXCDJ03WU7N77</lei>
        <title>QTEL INTERNATIONAL FIN LTD 3.25% 02/21/2023 144A</title>
        <cusip>74735K2A9</cusip>
        <identifiers>
          <isin value="US74735K2A99"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>469687.50000000</valUSD>
        <pctVal>0.032288363277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03250000</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>MAPFRE SA</name>
        <lei>95980020140005693107</lei>
        <title>MAPFRE SA 4.375/VAR 03/31/2047 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0224244089"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
        <valUSD>608824.65000000</valUSD>
        <pctVal>0.041853256626</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CONTINENTAL RESOURCES INC OKLA</name>
        <lei>XXRTID9RYWOZ0UPIVR53</lei>
        <title>CONTINENTAL RESOURCES INC OKLA 3.8% 06/01/2024</title>
        <cusip>212015AN1</cusip>
        <identifiers>
          <isin value="US212015AN15"/>
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        <balance>1165000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1099072.65000000</valUSD>
        <pctVal>0.075555038172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03800000</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>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX LP 6.375% 05/01/2024</title>
        <cusip>55336VBL3</cusip>
        <identifiers>
          <isin value="US55336VBL36"/>
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        <balance>245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>252968.06000000</valUSD>
        <pctVal>0.017390125602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</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 PARTNERSHIP LP / MPT FIN CORP</name>
        <lei>N/A</lei>
        <title>MPT OPER PARTNERSHIP LP/CORP 4.625% 08/01/2029</title>
        <cusip>55342UAJ3</cusip>
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        <name>HESS MIDSTREAM PARTNERS LP</name>
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        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
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        <name>RITCHIE BROS AUCTIONEERS INC</name>
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        <name>AEROPUERTOS ARGENTINA 2000 SA</name>
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        <name>CITIBANK, N.A.</name>
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        <name>TEVA PHARMACEUTICAL FIN NETH III B V</name>
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        <name>IRON MTN INC</name>
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        <name>SUNCOKE ENERGY PARTNERS L P / SUNCOKE ENERGY PARTNERS FIN CORP</name>
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        <name>QATAR ST</name>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>3140JADD7</cusip>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>ARD FIN SA</name>
        <lei>6354006P6QPGGPVJW880</lei>
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        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>INDONESIA REPUBLIC OF</name>
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        <name>MEDCO PLATINUM ROAD PTE LTD</name>
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        <name>LEBANON REPUBLIC OF</name>
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        <name>FIRST QUANTUM MINERALS LTD</name>
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        <name>ASBURY AUTOMOTIVE GROUP INC</name>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
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        <name>US SHIPPING PARTNERS CORP</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <name>MEG ENERGY CORP</name>
        <lei>5493002WXPTG5ZC1T326</lei>
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        <name>VTR FINANCE BV</name>
        <lei>213800F4XI4RJB82XM19</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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        <name>FIRST QUANTUM MINERALS LTD</name>
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        <name>NORTONLIFELOCK INC</name>
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        <name>CF INDS INC</name>
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        <name>CCO HLDGS LLC/CCO HLDGS CAP CORP</name>
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        <name>ARGENTINA REPUBLIC OF</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <name>SASOL FING USA LLC</name>
        <lei>549300XRB1PFMESFEL85</lei>
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        <name>CELTIC RESOURCES HOLDINGS DAC</name>
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        <name>ALCOA NEDERLAND HOLDING</name>
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        <name>TBC BANK JSC</name>
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        <name>BWX TECHNOLOGIES INC</name>
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        <name>ALTICE USA INC</name>
        <lei>54930064K3612MGCER95</lei>
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        <lei>JNLUVFYJT1OZSIQ24U47</lei>
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        <name>MTS SYSTEMS CORP</name>
        <lei>549300E7ZL4ZDETLML64</lei>
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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 4.58% 7/35 #995273</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DENBURY RESOURCES INC</name>
        <lei>549300KCWA5W52MS5559</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
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      <invstOrSec>
        <name>NCR CORPORATION NEW</name>
        <lei>549300YKTY8JX1DV2R67</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
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        <cusip>N/A</cusip>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COVANTA HLDG CORP</name>
        <lei>40XIFLS8XDQGGHGPGC04</lei>
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        <cusip>22282EAH5</cusip>
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        <balance>585000.00000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UBER TECHNOLOGIES INC</name>
        <lei>549300B2FTG34FILDR98</lei>
        <title>UBER TECHNOLOGIES INC 7.5% 09/15/2027 144A</title>
        <cusip>90353TAE0</cusip>
        <identifiers>
          <isin value="US90353TAE01"/>
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        <curCd>USD</curCd>
        <valUSD>2950000.00000000</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>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>BOMBARDIER INC 7.5% 03/15/2025 144A</title>
        <cusip>097751BM2</cusip>
        <identifiers>
          <isin value="US097751BM26"/>
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        <balance>1590000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1037634.00000000</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>2025-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07500000</annualizedRt>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 5.48% 6/47 #939994</title>
        <cusip>31413AXX6</cusip>
        <identifiers>
          <isin value="US31413AXX61"/>
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        <balance>2663.66230000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2811.67000000</valUSD>
        <pctVal>0.000193286434</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03722000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 3.627% 6/1/41#1B8372</title>
        <cusip>3128UGVQ7</cusip>
        <identifiers>
          <isin value="US3128UGVQ77"/>
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        <balance>8507.69550000</balance>
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        <curCd>USD</curCd>
        <valUSD>8880.47000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04611000</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 3.283 6/1/41</title>
        <cusip>3128UGXF9</cusip>
        <identifiers>
          <isin value="US3128UGXF94"/>
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        <curCd>USD</curCd>
        <valUSD>4384.86000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>CCO HLDGS LLC/CCO HLDGS CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO HLDGS LLC/CAP CORP 5% 02/01/2028 144A</title>
        <cusip>1248EPBX0</cusip>
        <identifiers>
          <isin value="US1248EPBX05"/>
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        <balance>4665000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4816612.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GEORGIA REPUBLIC OF</name>
        <lei>254900MHQHBC58M2GR84</lei>
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        <cusip>37311PAA8</cusip>
        <identifiers>
          <isin value="US37311PAA84"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>284900.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GNR 2012-H06 FA 1ML+63 1/62</title>
        <cusip>38375BPQ9</cusip>
        <identifiers>
          <isin value="US38375BPQ94"/>
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        <curCd>USD</curCd>
        <valUSD>211544.94000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2062-01-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00933380</annualizedRt>
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      <invstOrSec>
        <name>EQT CORP</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT CORP 3.9% 10/01/2027</title>
        <cusip>26884LAF6</cusip>
        <identifiers>
          <isin value="US26884LAF67"/>
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        <balance>1413000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1149376.59000000</valUSD>
        <pctVal>0.079013149979</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03900000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>DEL MONTE FOODS INC</name>
        <lei>549300U9K7TD84Q24R17</lei>
        <title>DEL MONTE FOODS INC 11.875% 05/15/2025 144A</title>
        <cusip>245223AC6</cusip>
        <identifiers>
          <isin value="US245223AC65"/>
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        <balance>380000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>383800.00000000</valUSD>
        <pctVal>0.026384082663</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.11875000</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>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 2.625% 12/31/2023</title>
        <cusip>9128285U0</cusip>
        <identifiers>
          <isin value="US9128285U08"/>
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        <balance>8827000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9573502.13000000</valUSD>
        <pctVal>0.658124209422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02625000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <name>HOLOGIC INC</name>
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        <name>VIKING CRUISES LTD</name>
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        <name>HILTON DOMESTIC OPERATING CO INC</name>
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        <name>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
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          <other otherDesc="Internal FX transaction ID" value="819071"/>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>SABINE PASS LIQUEFACTION LLC</name>
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        <name>UST NOTES</name>
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        <name>POST HOLDINGS INC</name>
        <lei>JM1I5YUAURL6DC8N1468</lei>
        <title>POST HLDGS INC 4.625% 04/15/2030 144A</title>
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        <name>ALG STUDENT LOAN TRUST II</name>
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        <name>RP CROWN PARENT LLC</name>
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        <name>BROWN BROTHERS HARRIMAN and CO.</name>
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        <name>LAMB WESTON HOLDINGS INC</name>
        <lei>5493005SMYID1D2OY946</lei>
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        <name>HILCORP ENERGY I LP/FIN CO</name>
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        <name>ASCEND LEARNING LLC</name>
        <lei>549300T466HKRLVCD610</lei>
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        <name>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
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        <name>AVANTOR INC</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>AVANTOR INC 6% 10/01/2024 144A</title>
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        <identifiers>
          <isin value="US05352AAA88"/>
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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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SANCHEZ ENERGY CORP</name>
        <lei>549300SB0HTIM17TVR61</lei>
        <title>SANCHEZ ENERGY DIP ROLL UP TERM 12/31/2049</title>
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          <other otherDesc="Internal" value="FFI687000"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <name>NABORS INDUSTRIES LTD</name>
        <lei>N/A</lei>
        <title>NABORS INDUSTRIES LTD 7.5% 01/15/2028 144A</title>
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        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>1MDB GLOBAL INVESTMENTS LTD</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>N/A</lei>
        <title>FNR 2009-59 HB 5% 8/25/39</title>
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          <isin value="US31396QRH47"/>
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        <curCd>USD</curCd>
        <valUSD>88823.97000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>DENBURY RESOURCES INC</name>
        <lei>549300KCWA5W52MS5559</lei>
        <title>DENBURY RESOURCES INC 9% 05/15/2021 144A</title>
        <cusip>247916AF6</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>SPARC EM SPC</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRST QUANTUM MINERALS LTD</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>FIRST QUANTUM MINERALS LTD 7.25% 04/01/2023 144A</title>
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        <curCd>USD</curCd>
        <valUSD>2005500.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HILTON WORLDWIDE FIN LLC / HILTON WORLDWIDE FIN CORP</name>
        <lei>N/A</lei>
        <title>HILTON WORLDWIDE FIN LLC / HILTON WORLDWIDE FIN CORP 4.875% 04/01/2027</title>
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        <curCd>USD</curCd>
        <valUSD>424668.75000000</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>BOMBARDIER INC 7.5% 12/01/2024 144A</title>
        <cusip>097751BR1</cusip>
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        <curCd>USD</curCd>
        <valUSD>338000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>ROYAL BANK OF CANADA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NAT MTG ASN GTD REM PA</name>
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      <invstOrSec>
        <name>MASTERCARD INC</name>
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        <name>SERBIA REPUBLIC OF</name>
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      <invstOrSec>
        <name>ASBURY AUTOMOTIVE GROUP INC</name>
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        <curCd>USD</curCd>
        <valUSD>178480.00000000</valUSD>
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          <couponKind>Fixed</couponKind>
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        <name>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PACIFIC GAS and EL MTN3.5% 10/20</title>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>FED HOME LOAN MTG CORP - GOLD</name>
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          <couponKind>Fixed</couponKind>
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        <name>MOLINA HEALTHCARE INC</name>
        <lei>549300NQQCEQ46YHZ591</lei>
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        <cusip>60855RAJ9</cusip>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 5.80% 5/37 #1N1474</title>
        <cusip>3128QHT75</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>1710.37000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03576000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>JBS INVESTMENTS II GMBH</name>
        <lei>529900V1Q46CPWIWT649</lei>
        <title>JBS INVESTMENTS II GMBH 7% 01/15/2026 144A</title>
        <cusip>46650CAA7</cusip>
        <identifiers>
          <isin value="US46650CAA71"/>
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        <balance>760000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>797620.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AT</invCountry>

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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CHS/CMNTY HEALTH SYSTEMS INC</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/CMNTY HEALTH SYSTEMS INC 6.625% 02/15/2025 144A</title>
        <cusip>12543DBF6</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CENOVUS ENERGY INC</name>
        <lei>549300DK79J32SE1QE52</lei>
        <title>CENOVUS ENERGY INC 5.25% 06/15/2037</title>
        <cusip>15135UAP4</cusip>
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        <curCd>USD</curCd>
        <valUSD>151296.25000000</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>2037-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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      <invstOrSec>
        <name>SUNOCO LP / SUNOCO FIN CORP</name>
        <lei>N/A</lei>
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        <cusip>86765LAJ6</cusip>
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        <balance>465000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>458025.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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        <name>MPH ACQUISITION HLDGS LLC</name>
        <lei>5493002WXOPRPTXWTU06</lei>
        <title>MPH ACQUISITION HLDGS LLC 7.125% 06/01/2024 144A</title>
        <cusip>553283AB8</cusip>
        <identifiers>
          <isin value="US553283AB86"/>
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        <balance>335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>311550.00000000</valUSD>
        <pctVal>0.021417303162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07125000</annualizedRt>
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        <name>DP WORLD PLC</name>
        <lei>549300M3U2DNF4QVSS04</lei>
        <title>DP WORLD LTD 5.625% 09/25/2048 144A</title>
        <cusip>23330JAB7</cusip>
        <identifiers>
          <isin value="US23330JAB70"/>
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        <balance>155000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>168571.23000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS 5.375% 03/13/2022</title>
        <cusip>71654QCE0</cusip>
        <identifiers>
          <isin value="US71654QCE08"/>
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        <balance>290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>289275.00000000</valUSD>
        <pctVal>0.019886022700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05375000</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>CCO HLDGS LLC/CCO HLDGS CAP CORP</name>
        <lei>N/A</lei>
        <title>CCO HLDGS LLC/CAP CORP 5.875% 05/01/2027 144A</title>
        <cusip>1248EPBK8</cusip>
        <identifiers>
          <isin value="US1248EPBK83"/>
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        <balance>855000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>892149.75000000</valUSD>
        <pctVal>0.061330257301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>TERRAFORM POWER OPERATING LLC</name>
        <lei>5493000S2OLR3UT5BE13</lei>
        <title>TERRAFORM POWER OPERATING LLC 4.75% 01/15/2030 144A</title>
        <cusip>88104LAG8</cusip>
        <identifiers>
          <isin value="US88104LAG86"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>609000.00000000</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>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
        <lei>N/A</lei>
        <title>GNR 2010-H17 FA 1ML+33 7/60</title>
        <cusip>38375BDY5</cusip>
        <identifiers>
          <isin value="US38375BDY56"/>
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        <balance>290785.47830000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>289103.40000000</valUSD>
        <pctVal>0.019874226169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-07-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00770880</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>CLEVELAND-CLIFFS INC</name>
        <lei>549300TM2WLI2BJMDD86</lei>
        <title>CLEVELAND-CLIFFS INC 5.875% 06/01/2027</title>
        <cusip>185899AH4</cusip>
        <identifiers>
          <isin value="US185899AH46"/>
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        <balance>960000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>793200.00000000</valUSD>
        <pctVal>0.054528020762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05875000</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>EGYPT, (ARAB) REP OF</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT (ARAB) REP OF GLOBAL MTN BE 144A 7.6003% 03/01/2029 144A</title>
        <cusip>03846JW71</cusip>
        <identifiers>
          <isin value="US03846JW719"/>
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        <balance>1105000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1125028.13000000</valUSD>
        <pctVal>0.077339330850</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07600300</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>NEXTERA ENERGY OPERATING PARTNERS LP</name>
        <lei>549300KJEC5IUVJWR786</lei>
        <title>NEXTERA ENERGY OPERATING PARTNERS LP 4.25% 07/15/2024 144A</title>
        <cusip>65342QAK8</cusip>
        <identifiers>
          <isin value="US65342QAK85"/>
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        <balance>360000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>364050.00000000</valUSD>
        <pctVal>0.025026381692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>ALGOMA STEEL GP</name>
        <lei>N/A</lei>
        <title>ALGOMA STEEL GP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="EAF048000"/>
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        <balance>10220.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>204.40000000</valUSD>
        <pctVal>0.000014051345</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MONGOLIA GOVERNMENT OF</name>
        <lei>N/A</lei>
        <title>MONGOLIA GOVT MED TM NTS 144A 10.875% 04/06/2021 144A</title>
        <cusip>60937FAD0</cusip>
        <identifiers>
          <isin value="US60937FAD06"/>
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        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>51875.00000000</valUSD>
        <pctVal>0.003566113309</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10875000</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>NIGERIA REPUBLIC OF</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>NIGERIA REPUBLIC 7.625% 11/21/2025 144A</title>
        <cusip>65412JAJ2</cusip>
        <identifiers>
          <isin value="US65412JAJ25"/>
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        <balance>1540000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1571281.25000000</valUSD>
        <pctVal>0.108016712838</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07625000</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>ORTHO-CLINICAL DIAGNOSTICS INC / ORTHO-CLINICAL DIAGNOSTICS SA</name>
        <lei>N/A</lei>
        <title>ORTHO-CLINICAL DIAGNOSTICS INC / ORTHO-CLINICAL DIAGNOSTICS SA 7.25% 02/01/2028 144A</title>
        <cusip>68752DAA6</cusip>
        <identifiers>
          <isin value="US68752DAA63"/>
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        <balance>535000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>543816.80000000</valUSD>
        <pctVal>0.037384334041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>NEXSTAR ESCROW INC</name>
        <lei>N/A</lei>
        <title>NEXSTAR ESCROW INC 5.625% 07/15/2027 144A</title>
        <cusip>65343HAA9</cusip>
        <identifiers>
          <isin value="US65343HAA95"/>
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        <balance>1275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1275076.50000000</valUSD>
        <pctVal>0.087654308958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</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>TRICER HOLDCO S.C.A.</name>
        <lei>N/A</lei>
        <title>TRICER HOLDCO S.C.A CLASS A6 PP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal" value="CIB767000"/>
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        <balance>16755.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18.62000000</valUSD>
        <pctVal>0.000001280019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VENEZUELA, REPUBLIC OF</name>
        <lei>529900XM8PJTJK5OJI77</lei>
        <title>VENEZUELA REPUBLIC OF 12.75% 08/23/2022 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="USP17625AC16"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11400.00000000</valUSD>
        <pctVal>0.000783685623</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.12750000</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FIN CORP</name>
        <lei>N/A</lei>
        <title>ANTERO MIDSTREAM PARTNERS LP / ANTERO MIDSTREAM FIN CORP 5.75% 01/15/2028 144A</title>
        <cusip>03690AAF3</cusip>
        <identifiers>
          <isin value="US03690AAF30"/>
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        <balance>955000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>754450.00000000</valUSD>
        <pctVal>0.051864177085</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 12ML+187.9 10/42#849255</title>
        <cusip>31300MH89</cusip>
        <identifiers>
          <isin value="US31300MH890"/>
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        <balance>25744.51330000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26830.59000000</valUSD>
        <pctVal>0.001844451548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.04283000</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>SOCIETE GENERALE</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>FX Forward: USD/EUR settle 2020-08-13</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="824548"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-69557.91000000</valUSD>
        <pctVal>-0.00478171351</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>SOCIETE GENERALE</counterpartyName>
              <counterpartyLei>O2RNE8IBXP4R0TD8PU41</counterpartyLei>
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            <amtCurPur>3085996.71000000</amtCurPur>
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            <settlementDt>2020-08-13</settlementDt>
            <unrealizedAppr>-69557.91000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GEO GROUP INC NEW</name>
        <lei>5493003VOR6NTY465495</lei>
        <title>GEO GROUP 5.125% 4/1/23</title>
        <cusip>36159RAG8</cusip>
        <identifiers>
          <isin value="US36159RAG83"/>
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        <balance>695000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>601175.00000000</valUSD>
        <pctVal>0.041327386386</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</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>AIRBUS SE</name>
        <lei>MINO79WLOO247M1IL051</lei>
        <title>AIRBUS SE 2% 04/07/2028 REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2152796269"/>
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        <balance>794000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
        <valUSD>941150.79000000</valUSD>
        <pctVal>0.064698802089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>ALEXION PHARMACEUTICALS INC</name>
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        <name>FIDELITY BANK PLC</name>
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        <name>PARAGUAY REP</name>
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        <name>FANNIE MAE</name>
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        <name>TENET HEALTHCARE CORP</name>
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        <name>MURRAY ENERGY CORP</name>
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        <name>DELTA AIRLINES INC</name>
        <lei>Q2CCMS6R0AS67HJMBN42</lei>
        <title>DELTA AIRLINES INC 7% 05/01/2025 144A</title>
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        <name>CATALENT PHARMA SOLUTIONS</name>
        <lei>549300HALRZ339MSTH85</lei>
        <title>CATALENT PHARMA SOLUTIONS 5% 07/15/2027 144A</title>
        <cusip>14879EAE8</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <issuerCat>NUSS</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>COSAN OVERSEAS LTD</name>
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        <invCountry>KY</invCountry>

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        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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          <couponKind>Fixed</couponKind>
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        <name>CF INDS INC</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>CCO HLDGS LLC/CCO HLDGS CAP CORP</name>
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        <name>OPEN TEXT CORPORATION</name>
        <lei>549300UQROQS42RKHM85</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>GNMA II GTD PASS THRU CTF MULTIPLE ISSUER</name>
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        <issuerCat>USGA</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>IRON MTN INC</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MTN INC 5% 07/15/2028 144A</title>
        <cusip>46284VAG6</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <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>
      <invstOrSec>
        <name>1011778 B C UNLIMITED LIABILITY CO / NEW RED FIN INC</name>
        <lei>N/A</lei>
        <title>1011778 BC ULC/NEW RED FIN INC 4.375% 01/15/2028 144A</title>
        <cusip>68245XAJ8</cusip>
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        <valUSD>548906.40000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GOLDMAN SACHS BANK USA</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>GSCM SWAP PAY 1.4025 02/26/2025</title>
        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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                    <curCd>USD</curCd>
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                    <pctVal>N/A</pctVal>
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      <invstOrSec>
        <name>CHESAPEAKE ENERGY CORP</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>CHESAPEAKE ENERGY CORP 8% 01/15/2025</title>
        <cusip>165167CU9</cusip>
        <identifiers>
          <isin value="US165167CU93"/>
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        <curCd>USD</curCd>
        <valUSD>4050.00000000</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>
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      <invstOrSec>
        <name>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 6.875% 01/29/2026 144A</title>
        <cusip>25714PDJ4</cusip>
        <identifiers>
          <isin value="US25714PDJ49"/>
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        <balance>955000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1001257.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-01-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06875000</annualizedRt>
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      <invstOrSec>
        <name>HERTZ CORP</name>
        <lei>549300PD0C69OJ0NLB27</lei>
        <title>HERTZ CORP 6.25% 10/15/2022</title>
        <cusip>428040CN7</cusip>
        <identifiers>
          <isin value="US428040CN71"/>
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        <balance>455000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>142187.50000000</valUSD>
        <pctVal>0.009774587685</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE CABINET OF MINISTERS 7.75% 09/01/2026 144A</title>
        <cusip>903724AT9</cusip>
        <identifiers>
          <isin value="US903724AT98"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>208500.00000000</valUSD>
        <pctVal>0.014333197590</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</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>IRON MTN INC</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>IRON MTN INC 5.625% 07/15/2032 144A</title>
        <cusip>46284VAL5</cusip>
        <identifiers>
          <isin value="US46284VAL53"/>
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        <balance>585000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>583771.50000000</valUSD>
        <pctVal>0.040130994039</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05625000</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>JBS USA LUX SA / JBS FOOD CO / JBS USA FINANCE INC</name>
        <lei>N/A</lei>
        <title>JBS USA LUX SA / JBS FOOD CO / JBS USA FINANCE INC 6.5% 04/15/2029 144A</title>
        <cusip>46590XAA4</cusip>
        <identifiers>
          <isin value="US46590XAA46"/>
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        <balance>1550000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1644937.50000000</valUSD>
        <pctVal>0.113080164085</pctVal>
        <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>0.06500000</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>BRAZIL, FEDERATIVE REPUBLIC OF</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>BRAZIL FEDERATIVE REPUBLIC OF 3.875% 06/12/2030</title>
        <cusip>105756CC2</cusip>
        <identifiers>
          <isin value="US105756CC23"/>
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        <balance>170000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>164050.00000000</valUSD>
        <pctVal>0.011277511101</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-06-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LCPR SENIOR SECURED FINANCING DESIGNATED ACTIVITY COMPANY</name>
        <lei>549300LE5FM8IKMXSP90</lei>
        <title>LCPR SENIOR SECURED FINANCING DESIGNATED ACTIVITY COMPANY 6.75% 10/15/2027 144A</title>
        <cusip>50201DAA1</cusip>
        <identifiers>
          <isin value="US50201DAA19"/>
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        <balance>605000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>617100.00000000</valUSD>
        <pctVal>0.042422140207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>BURLINGTON COAT FACTORY WHSE CORP</name>
        <lei>549300SIFDMGE3Y2SW49</lei>
        <title>BURLINGTON COAT FACTORY WHSE CORP 6.25% 04/15/2025 144A</title>
        <cusip>121579AH9</cusip>
        <identifiers>
          <isin value="US121579AH97"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>209000.00000000</valUSD>
        <pctVal>0.014367569767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06250000</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>CREDITO REAL S A DE C V SOCIEDAD FINANCIERA DE OBJETO MULTIPLE ENTIDAD NO REGULADA</name>
        <lei>549300W2IL7TPPCTKL39</lei>
        <title>CREDITO REAL S A DE C V SOFOM 9.5% 02/07/2026 144A</title>
        <cusip>22550GAA0</cusip>
        <identifiers>
          <isin value="US22550GAA04"/>
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        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>245175.00000000</valUSD>
        <pctVal>0.016854396735</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-02-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09500000</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>FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTF GTD</name>
        <lei>N/A</lei>
        <title>FHR 3415 PC 5% 12/37</title>
        <cusip>31397R3R5</cusip>
        <identifiers>
          <isin value="US31397R3R53"/>
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        <balance>23336.53200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>26198.65000000</valUSD>
        <pctVal>0.001801009242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>HILTON WORLDWIDE FIN LLC / HILTON WORLDWIDE FIN CORP</name>
        <lei>N/A</lei>
        <title>HILTON WORLDWIDE FIN LLC / HILTON WORLDWIDE FIN CORP 4.625% 04/01/2025</title>
        <cusip>432891AH2</cusip>
        <identifiers>
          <isin value="US432891AH24"/>
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        <balance>925000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>904381.75000000</valUSD>
        <pctVal>0.062171138226</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04625000</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>JORDAN KINGDOM OF</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
        <title>JORDAN KINGDOM OF 3.0% 06/30/2025</title>
        <cusip>418097AF8</cusip>
        <identifiers>
          <isin value="US418097AF84"/>
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        <balance>1179000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1307507.36000000</valUSD>
        <pctVal>0.089883747444</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MILLICOM INTL CELLULAR SA</name>
        <lei>549300CTHC1CP86P2G96</lei>
        <title>MILLICOM INTL CELLULAR SA 6.0% 03/10/2025 144A</title>
        <cusip>600814AM9</cusip>
        <identifiers>
          <isin value="US600814AM98"/>
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        <name>SM ENERGY CO</name>
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        <name>OCCIDENTAL PETROLEUM CORP</name>
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        <name>OCCIDENTAL PETROLEUM CORP</name>
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        <name>ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FIN CORP</name>
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        <name>EMBRAER OVERSEAS LTD</name>
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        <name>ANTERO RESOURCES FINANCE CORPORATION</name>
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        <name>MICROSOFT CORP</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
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        <name>FIRST QUANTUM MINERALS LTD</name>
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        <name>ZAYO GROUP HLDGS INC</name>
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        <name>CONTINENTAL AIRLS PASS THRU TR 2007 1B</name>
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        <name>CAMELOT FIN S A</name>
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        <name>INDIKA ENERGY CAPITAL II PTE LTD</name>
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        <name>TURKEY REPUBLIC OF</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <lei>5299001HX8ZN8Y8QIT49</lei>
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        <curCd>USD</curCd>
        <valUSD>885550.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IQVIA HOLDINGS INC</name>
        <lei>549300W3R20NM4KQPH86</lei>
        <title>IQVIA HOLDINGS INC</title>
        <cusip>46266C105</cusip>
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          <isin value="US46266C1053"/>
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        <curCd>USD</curCd>
        <valUSD>1972132.00000000</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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      </invstOrSec>
      <invstOrSec>
        <name>ADES INTERNATIONAL HOLDING PLC</name>
        <lei>213800WADXE5U3ZY1K46</lei>
        <title>ADES INTERNATIONAL HOLDING LTD 8.625% 04/24/2024 144A</title>
        <cusip>N/A</cusip>
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          <isin value="XS1979294482"/>
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        <curCd>USD</curCd>
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        <invCountry>AE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ALBERTSONS COS LLC / SAFEWAY INC / NEW ALBERTSONS INC / ALBERTSONS LLC</name>
        <lei>N/A</lei>
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        <cusip>013092AE1</cusip>
        <identifiers>
          <isin value="US013092AE14"/>
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        <curCd>USD</curCd>
        <valUSD>5033799.60000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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      <invstOrSec>
        <name>INTELSAT JACKSON HLDGS S A</name>
        <lei>8XJ8KF85PBKK1TLMFN29</lei>
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        <cusip>45824TAP0</cusip>
        <identifiers>
          <isin value="US45824TAP03"/>
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        <balance>2395000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1364431.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIBANK, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>FX Forward: EUR/USD settle 2020-08-13</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="830382"/>
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        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-1818.01000000</valUSD>
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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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              <counterpartyName>CITIBANK, N.A.</counterpartyName>
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      <invstOrSec>
        <name>CEMEX FIN LLC</name>
        <lei>529900USOXVC2TX3H980</lei>
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        <cusip>12516UAD7</cusip>
        <identifiers>
          <isin value="US12516UAD72"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>197502.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CAMELOT FIN S A</name>
        <lei>N/A</lei>
        <title>CAMELOT FIN S A 4.5% 11/01/2026 144A</title>
        <cusip>13323AAB6</cusip>
        <identifiers>
          <isin value="US13323AAB61"/>
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        <balance>570000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>570000.00000000</valUSD>
        <pctVal>0.039184281183</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04500000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VEDANTA RESOURCES PLC</name>
        <lei>2138007MYEKPEAZQTW83</lei>
        <title>VEDANTA RESOURCES PLC 6.375% 07/30/2022 144A</title>
        <cusip>92241TAK8</cusip>
        <identifiers>
          <isin value="US92241TAK88"/>
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        <balance>2220000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1683037.50000000</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>2022-07-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06375000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BUENOS AIRES CITY ARGENTINA</name>
        <lei>5299007MC8RF52X0ON96</lei>
        <title>BUENOS AIRES CITY ARGENTINA 8.95% 02/19/21 144A</title>
        <cusip>11942GAC6</cusip>
        <identifiers>
          <isin value="US11942GAC69"/>
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        <balance>283900.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>253025.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-02-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08950000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TECPETROL SA</name>
        <lei>529900C0GOV3UC7ZMZ16</lei>
        <title>TECPETROL SA 4.875% 12/12/2022 144A</title>
        <cusip>87876TAE4</cusip>
        <identifiers>
          <isin value="US87876TAE47"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>186496.26000000</valUSD>
        <pctVal>0.012820564721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CAMEROON REPUBLIC OF</name>
        <lei>54930021BO6NHYGBBV24</lei>
        <title>CAMEROON REPUBLIC OF 9.5% 11/19/2025 144A</title>
        <cusip>133653AA3</cusip>
        <identifiers>
          <isin value="US133653AA31"/>
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        <balance>1515000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1519260.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.09500000</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>AKBANK TURK ANONIM SIRKETI</name>
        <lei>789000TUMN63Z28TJ497</lei>
        <title>AKBANK TURK ANONIM SIRKETI 7.2%/VAR 03/16/2027 144A</title>
        <cusip>00972BAB5</cusip>
        <identifiers>
          <isin value="US00972BAB53"/>
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        <balance>290000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>278182.50000000</valUSD>
        <pctVal>0.019123475965</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.07200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>UKRAINE CABINET OF MINISTERS</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE CABINET OF MINISTERS 7.75% 09/01/2020 144A</title>
        <cusip>903724AM4</cusip>
        <identifiers>
          <isin value="US903724AM46"/>
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        <balance>3490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3507450.00000000</valUSD>
        <pctVal>0.241117380765</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>PETROLEOS DE VENEZUELA SA</name>
        <lei>549300YWR8TN1OFD4P06</lei>
        <title>PETROLEOS DE VENEZUELA SA 6% 05/16/2024 144A</title>
        <cusip>716558AG6</cusip>
        <identifiers>
          <isin value="US716558AG66"/>
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        <balance>585000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16380.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ALPHABET INC</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>ALPHABET INC CL A</title>
        <cusip>02079K305</cusip>
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          <isin value="US02079K3059"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1985270.00000000</valUSD>
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        <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>FED HOME LOAN MTG CORP - GOLD</name>
        <lei>N/A</lei>
        <title>FHLG 20YR 3% 04/01/2033#K90336</title>
        <cusip>3132J2LR2</cusip>
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          <isin value="US3132J2LR24"/>
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        <balance>78905.79100000</balance>
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        <curCd>USD</curCd>
        <valUSD>83782.97000000</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>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>KONDOR FINANCE PLC</name>
        <lei>N/A</lei>
        <title>NAK NAFTOGAZ UKRAINE VIA KONDOR FINANCE PLC 7.625% 11/08/2026 144A</title>
        <cusip>50050MAB1</cusip>
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          <isin value="US50050MAB19"/>
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        <balance>230000.00000000</balance>
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        <name>VEDANTA RESOURCES PLC</name>
        <lei>2138007MYEKPEAZQTW83</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MOROCCO KINGDOM OF</name>
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        <name>OCI NV</name>
        <lei>549300NCMRGIBJYUOE57</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GOLDMAN SACHS BANK USA</name>
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        <name>ALLISON TRANSMISSION HLDGS INC</name>
        <lei>529900RP7DJ882LI9T83</lei>
        <title>ALLISON TRANSMISSION HLDGS INC</title>
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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>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 5.87% 7/36 #1B7380</title>
        <cusip>3128QPSU7</cusip>
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        <curCd>USD</curCd>
        <valUSD>124866.48000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <cusip>71654QCA8</cusip>
        <identifiers>
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        <balance>145000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GEO GROUP INC NEW</name>
        <lei>5493003VOR6NTY465495</lei>
        <title>GEO GROUP INC 6% 04/15/2026</title>
        <cusip>36162JAB2</cusip>
        <identifiers>
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        <balance>1971000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1512742.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COVEY PK ENERGY LLC / COVEY PK FIN CORP</name>
        <lei>N/A</lei>
        <title>COVEY PK ENERGY LLC / COVEY PK FIN CORP 7.5% 05/15/2025 144A</title>
        <cusip>22304LAA8</cusip>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GHANA REP</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHANA REP 7.875% 03/26/2027 144A</title>
        <cusip>37443GAA9</cusip>
        <identifiers>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>VIKING CRUISES LTD</name>
        <lei>549300IJP90T4MV2GL84</lei>
        <title>VIKING CRUISES LTD 13% 05/15/2025 144A</title>
        <cusip>92676XAE7</cusip>
        <identifiers>
          <isin value="US92676XAE76"/>
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        <balance>570000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>C and W SENIOR FINANCING DESIGNATED ACTIVITY COMPANY</name>
        <lei>5493009O8OIWZPZRY516</lei>
        <title>C and W SENIOR FINANCING DESIGNATED ACTIVITY COMPANY 6.875% 09/15/2027 144A</title>
        <cusip>12674TAA4</cusip>
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        <balance>1365000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1354762.50000000</valUSD>
        <pctVal>0.093132271467</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
        <title>CSC HLDGS LLC 5.375% 02/01/2028 144A</title>
        <cusip>126307AS6</cusip>
        <identifiers>
          <isin value="US126307AS68"/>
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        <curCd>USD</curCd>
        <valUSD>1243550.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>ELDORADO RESORTS INC</name>
        <lei>5299000BKFWWVND5L441</lei>
        <title>ELDORADO RESORTS INC 6.25% 07/01/2025 144A</title>
        <cusip>28470RAH5</cusip>
        <identifiers>
          <isin value="US28470RAH57"/>
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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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          <isLoanByFund>N</isLoanByFund>
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        <name>BORETS FIN DAC</name>
        <lei>635400LFT9PKEEFTKC04</lei>
        <title>BORETS FIN DAC 6.5% 04/07/2022 144A</title>
        <cusip>09973BAA7</cusip>
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          <isin value="US09973BAA70"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>234559.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-04-07</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>DIAMOND OFFSHORE DRILLING INC</name>
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        <name>INTELSAT JACKSON HLDGS S A</name>
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        <name>SIRIUS XM RADIO INC</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
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        <cusip>82967NBA5</cusip>
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        <name>VISTRA OPERATIONS CO LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
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        <name>IHEARTCOMMUNICATIONS INC</name>
        <lei>54930076J6KDZL504O62</lei>
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        <cusip>45174HBG1</cusip>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <name>FRONTERA ENERGY CORP</name>
        <lei>A25574TZFLBNK7NWQT47</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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          <isin value="US912828YJ31"/>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
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        <name>CENOVUS ENERGY INC</name>
        <lei>549300DK79J32SE1QE52</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>PENHALL ACQUISITION COMPANY</name>
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        <title>PENHALL ACQUISITION CMPNY CL A</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>LAREDO PETE INC NEW</name>
        <lei>549300X0PTWU2QSLSL14</lei>
        <title>LAREDO PETE INC NEW 9.5% 01/15/2025</title>
        <cusip>516806AF3</cusip>
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        <curCd>USD</curCd>
        <valUSD>411293.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <lei>3HG2WD2W22M120IUNG49</lei>
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        <name>PERFORMANCE FOOD GROUP INC</name>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
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        <name>BELARUS REPUBLIC OF</name>
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        <name>GO DADDY OPERATING CO LLC / GD FINANCE CO INC</name>
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        <name>CSC HOLDINGS LLC</name>
        <lei>3HG2WD2W22M120IUNG49</lei>
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        <name>XPO LOGISTICS INC</name>
        <lei>54930096DB9LCLPN7H13</lei>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC 5%/VAR PERP</title>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>912828ZU7</cusip>
        <identifiers>
          <isin value="US912828ZU76"/>
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        <curCd>USD</curCd>
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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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        <name>PT BUKIT MAKMUR MANDIRIR UTAMA</name>
        <lei>254900Z05E8W7X31K395</lei>
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        <cusip>74445NAA5</cusip>
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        <curCd>USD</curCd>
        <valUSD>723187.50000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATL MTG ASSN GTD REMIC PASS THRU SECS</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GOVERNMENT NAT MTG AS REMIC PT 1ML+880 08/20/2039</title>
        <cusip>38378WVT7</cusip>
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        <issuerCat>USGA</issuerCat>
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          <couponKind>Variable</couponKind>
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        <name>NOVUS HOLDINGS LTD</name>
        <lei>529900ABRA476F0PVJ28</lei>
        <title>NOVUS HOLDINGS LTD</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
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        <name>CENTRAL AMERICAN BOTTLING CORP</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

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          <couponKind>Fixed</couponKind>
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        <name>BOXER PARENT CO INC</name>
        <lei>5493006T045HLTF7YX04</lei>
        <title>BMC TERM B 10/02/2025</title>
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        <curCd>USD</curCd>
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        <name>HONDURAS, REPUBLIC OF</name>
        <lei>5493002DW1JNBNG17615</lei>
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        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <curCd>USD</curCd>
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        <name>SIRIUS XM RADIO INC</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>CHESAPEAKE ENERGY CORP</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>CHESAPEAKE TERM FLLO 06/09/2024</title>
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          <isin value="US16516FAH29"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>EP ENERGY LLC / EVEREST ACQUISITION FIN INC</name>
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        <cusip>268787AJ7</cusip>
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          <isin value="US268787AJ76"/>
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        <balance>4756000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TC ZIRAAT BANKASI AS</name>
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        <cusip>90015JAA0</cusip>
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          <isin value="US90015JAA07"/>
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        <balance>485000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>474845.31000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RUSSIAN FEDN</name>
        <lei>5493004EHVGF71PDBU58</lei>
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          <isin value="RU000A0ZYUB7"/>
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        <currencyConditional curCd="RUB" exchangeRt="71.16750000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANCO BMG SA</name>
        <lei>549300IKNU8A627GPM07</lei>
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        <cusip>05949RAE3</cusip>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19775.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-08-05</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BCPE CYCLE MERGER SUB II INC</name>
        <lei>N/A</lei>
        <title>BCPE CYCLE MERGER SUB II INC 10.625% 07/15/2027 144A</title>
        <cusip>07335BAA4</cusip>
        <identifiers>
          <isin value="US07335BAA44"/>
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        <balance>1682000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1732460.00000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10625000</annualizedRt>
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        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ENERGY TRANSFER LP 5.5% 06/01/2027</title>
        <cusip>29273VAF7</cusip>
        <identifiers>
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        <balance>860000.00000000</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>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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        <name>LONDON CLEARING HOUSE</name>
        <lei>N/A</lei>
        <title>LCH IRS 3MLV.5% MAC 09/16/25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSLW55QQW"/>
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        <balance>1186000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>53950.52000000</valUSD>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>EG AMERICA LLC</name>
        <lei>549300BY1CRYVPEG9R57</lei>
        <title>EG AMERICA LLC TERM 2LN 03/23/2026</title>
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        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>274820.00000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-23</maturityDt>
          <couponKind>Variable</couponKind>
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        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>9128285Z9</cusip>
        <identifiers>
          <isin value="US9128285Z94"/>
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        <balance>630000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>681556.64000000</valUSD>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>BROWN BROTHERS HARRIMAN and CO.</name>
        <lei>5493006KMX1VFTPYPW14</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="828146"/>
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        <balance>1.00000000</balance>
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        <curCd>N/A</curCd>
        <valUSD>-4260.06000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>EGYPT, (ARAB) REP OF</name>
        <lei>529900GFIVH4086NMH82</lei>
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        <cusip>03846JX21</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REDDY ICE HOLDINGS INC</name>
        <lei>7Z0MRIY211ZHEWECBM22</lei>
        <title>REDDY ICE HOLDINGS INC(ESCROW)</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>3</fairValLevel>
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        <name>NCR CORPORATION NEW</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR CORPORATION NEW 5.75% 09/01/2027 144A</title>
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          <isin value="US62886EAU29"/>
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        <curCd>USD</curCd>
        <valUSD>485000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</annualizedRt>
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        <name>OCCIDENTAL PETROLEUM CORP</name>
        <lei>IM7X0T3ECJW4C1T7ON55</lei>
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        <cusip>674599CW3</cusip>
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          <isin value="US674599CW33"/>
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        <balance>815000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>696825.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.02900000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PACIFIC GAS and ELECTRIC CO</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
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        <valUSD>347287.50000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <curCd>USD</curCd>
        <valUSD>751687.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANK OF AMERICA CORPORATION</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <balance>1950000.00000000</balance>
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        <assetCat>EP</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
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        <cusip>N/A</cusip>
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          <other otherDesc="Internal FX transaction ID" value="818653"/>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELEMENTIA SA DE CV</name>
        <lei>549300BH08XQJ1ITLQ77</lei>
        <title>ELEMENTIA SA DE CV 5.5% 01/15/2025 144A</title>
        <cusip>286189AA3</cusip>
        <identifiers>
          <isin value="US286189AA30"/>
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        <balance>347000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>279118.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GCI INC</name>
        <lei>5493008K7JEOCBQEK325</lei>
        <title>GCI INC 6.875% 04/15/2025</title>
        <cusip>36155WAK2</cusip>
        <identifiers>
          <isin value="US36155WAK27"/>
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        <balance>560000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>576800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SUNOCO LP / SUNOCO FIN CORP</name>
        <lei>N/A</lei>
        <title>SUNOCO LP / SUNOCO FIN CORP 5.5% 02/15/2026</title>
        <cusip>86765LAL1</cusip>
        <identifiers>
          <isin value="US86765LAL18"/>
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        <balance>595000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>577150.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>BROOKFIELD RESIDENTIAL PPTYS INC / BROOKFIELD RESIDENTIAL US CORP</name>
        <lei>N/A</lei>
        <title>BROOKFIELD RESIDENTIAL PPTYS INC / US CORP 4.875% 02/15/2030 144A</title>
        <cusip>11283YAD2</cusip>
        <identifiers>
          <isin value="US11283YAD22"/>
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        <balance>405000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>338418.00000000</valUSD>
        <pctVal>0.023264326437</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04875000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CDW LLC / CDW FIN CORP</name>
        <lei>N/A</lei>
        <title>CDW LLC / CDW FIN CORP 5% 09/01/2025</title>
        <cusip>12513GBC2</cusip>
        <identifiers>
          <isin value="US12513GBC24"/>
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        <balance>335000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>344631.25000000</valUSD>
        <pctVal>0.023691452288</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05000000</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>UNITED RENTALS NORTH AMER INC</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>UNITED RENTALS NORTH AMER INC 5.5% 05/15/2027</title>
        <cusip>911365BF0</cusip>
        <identifiers>
          <isin value="US911365BF09"/>
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        <balance>405000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>417150.00000000</valUSD>
        <pctVal>0.028676706834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEVA PHARMACEUTICAL FIN IV BV</name>
        <lei>549300P1YOE2RRPSGG38</lei>
        <title>TEVA PHRM IV BV 3.65% 11/10/21</title>
        <cusip>88166JAA1</cusip>
        <identifiers>
          <isin value="US88166JAA16"/>
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        <balance>45000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44952.75000000</valUSD>
        <pctVal>0.003090247712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03650000</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>KAZAKHSTAN REPUBLIC OF</name>
        <lei>5493007OEK8EF02UO833</lei>
        <title>KAZAKHSTAN REP 6.5% 07/21/2045 144A</title>
        <cusip>486661AH4</cusip>
        <identifiers>
          <isin value="US486661AH44"/>
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        <balance>75000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>110695.31000000</valUSD>
        <pctVal>0.007609677460</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-07-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06500000</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>EXPEDIA INC DEL</name>
        <lei>CI7MUJI4USF3V0NJ1H64</lei>
        <title>EXPEDIA INC DEL 7% 05/01/2025 144A</title>
        <cusip>30212PAU9</cusip>
        <identifiers>
          <isin value="US30212PAU93"/>
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        <balance>835000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>867942.83000000</valUSD>
        <pctVal>0.059666168248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALERIS CORP</name>
        <lei>549300FXGXTJUK0JO727</lei>
        <title>ALERIS CORP</title>
        <cusip>014475107</cusip>
        <identifiers>
          <isin value="US0144751072"/>
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        <balance>2037.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.02000000</valUSD>
        <pctVal>0.000000001374</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SPRINGLEAF FINANCE CORPORATION</name>
        <lei>5493008I795YYBFWFU90</lei>
        <title>SPRINGLEAF FINANCE CORP 5.375% 11/15/2029</title>
        <cusip>85172FAR0</cusip>
        <identifiers>
          <isin value="US85172FAR01"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>470000.00000000</valUSD>
        <pctVal>0.032309845887</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>0.05375000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA 3.5% 07/32#BM3929</title>
        <cusip>3140J8LK7</cusip>
        <identifiers>
          <isin value="US3140J8LK77"/>
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        <balance>855671.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>914010.01000000</valUSD>
        <pctVal>0.062833026730</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>0.03500000</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>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>CITIGROUP INC 5.9% VAR PERP</title>
        <cusip>172967GF2</cusip>
        <identifiers>
          <isin value="US172967GF21"/>
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        <balance>1455000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1446822.90000000</valUSD>
        <pctVal>0.099460904098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HD SUPPLY HLDGS INC</name>
        <lei>549300B7Z7O7RWEXS689</lei>
        <title>HD SUPPLY HLDGS INC</title>
        <cusip>40416M105</cusip>
        <identifiers>
          <isin value="US40416M1053"/>
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        <balance>31600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1094940.00000000</valUSD>
        <pctVal>0.075270941822</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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      <invstOrSec>
        <name>JPMORGAN CHASE and CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JPMORGAN CHASE and CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NAT MTG ASSN HECM MBS REMIC PASS THRU SECS</name>
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        <cusip>38376RGD2</cusip>
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      <invstOrSec>
        <name>PENSKE AUTOMOTIVE GROUP INC</name>
        <lei>549300W7UTQ0M4C7LB15</lei>
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        <cusip>70959WAG8</cusip>
        <identifiers>
          <isin value="US70959WAG87"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>458850.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LAMB WESTON HOLDINGS INC</name>
        <lei>5493005SMYID1D2OY946</lei>
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        <cusip>513272AB0</cusip>
        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>445050.00000000</valUSD>
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        <name>CANADA, GOVERNMENT OF</name>
        <lei>4BFD7AQU0A75QLAHK410</lei>
        <title>CANADA GOVERNMENT OF 2% 12/01/2051</title>
        <cusip>135087H72</cusip>
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      <invstOrSec>
        <name>TAYLOR MORRISON CMNTYS INC / MONARCH CMNTYS INC</name>
        <lei>549300O1Z08HI2MRK572</lei>
        <title>TAYLOR MORRISON CMNTY/ MONARCH 5.875% 06/15/2027 144A</title>
        <cusip>87724RAA0</cusip>
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        <balance>495000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>512691.30000000</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>2027-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 6.466% 2/37 #848189</title>
        <cusip>31300LC29</cusip>
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          <isin value="US31300LC299"/>
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        <curCd>USD</curCd>
        <valUSD>571.66000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.03597000</annualizedRt>
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      <invstOrSec>
        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX LP 6.875%/VAR PERP</title>
        <cusip>55336VAU4</cusip>
        <identifiers>
          <isin value="US55336VAU44"/>
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        <balance>1550000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FNMA GTD MTG PASS THRU CTF</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA ARM 4.893% 10/35 #847787</title>
        <cusip>31408C2U9</cusip>
        <identifiers>
          <isin value="US31408C2U98"/>
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        <balance>735.13800000</balance>
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        <curCd>USD</curCd>
        <valUSD>759.61000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.03693000</annualizedRt>
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        <name>TRANSDIGM INC</name>
        <lei>88Q84GB3X55CF5OC7582</lei>
        <title>TRANSDIGM INC 5.5% 11/15/2027</title>
        <cusip>893647BL0</cusip>
        <identifiers>
          <isin value="US893647BL01"/>
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        <balance>6745000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5887980.30000000</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>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>KRONOS INC</name>
        <lei>5493000E2HBSA8M27B95</lei>
        <title>KRONOS TERM 2LN 11/01/2024</title>
        <cusip>50105JAL1</cusip>
        <identifiers>
          <isin value="US50105JAL17"/>
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        <balance>1090000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1089324.20000000</valUSD>
        <pctVal>0.074884887285</pctVal>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.09250000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 4.87% 10/35 #1M1052</title>
        <cusip>3128QFEZ3</cusip>
        <identifiers>
          <isin value="US3128QFEZ33"/>
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        <balance>3870.43460000</balance>
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        <curCd>USD</curCd>
        <valUSD>4041.91000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>0.03625000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CENOVUS ENERGY INC</name>
        <lei>549300DK79J32SE1QE52</lei>
        <title>CENOVUS ENERGY 6.75% 11/15/39</title>
        <cusip>15135UAF6</cusip>
        <identifiers>
          <isin value="US15135UAF66"/>
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        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>309910.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>BUONI DEL TESORO POLIENNALI</name>
        <lei>815600DE60799F5A9309</lei>
        <title>BUONI DEL TESORO POLIENNALI 1.85% 07/01/2025 144A REGS</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IT0005408502"/>
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        <balance>5000000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.89007566"/>
        <valUSD>5924411.91000000</valUSD>
        <pctVal>0.407269863380</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01850000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE COR PORATION</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLM ARM 5.83% 5/37 #1N1484</title>
        <cusip>3128QHUH1</cusip>
        <identifiers>
          <isin value="US3128QHUH17"/>
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        <balance>710.00880000</balance>
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        <curCd>USD</curCd>
        <valUSD>743.26000000</valUSD>
        <pctVal>0.000051094927</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-05-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.03580000</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>T-MOBILE US INC</name>
        <lei>549300QHIJYOHPACPG31</lei>
        <title>T-MOBILE US INC</title>
        <cusip>872590104</cusip>
        <identifiers>
          <isin value="US8725901040"/>
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        <balance>30200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3145330.00000000</valUSD>
        <pctVal>0.216223675674</pctVal>
        <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>ITAU UNIBANCO HOLDING SA CAYMAN ISLAND BRANCH</name>
        <lei>BZO2P8KHO2O10H5QQ663</lei>
        <title>ITAU UNIBANCO HLDG SA KY BRH 6.125/VAR PERP 144A</title>
        <cusip>46556UAB0</cusip>
        <identifiers>
          <isin value="US46556UAB08"/>
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        <balance>260000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>243100.00000000</valUSD>
        <pctVal>0.016711752202</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ELAH HOLDINGS INC</name>
        <lei>549300QGHCFUEGYWKU13</lei>
        <title>ELAH HOLDINGS INC</title>
        <cusip>28413L105</cusip>
        <identifiers>
          <isin value="US28413L1052"/>
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        <balance>14.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>672.00000000</valUSD>
        <pctVal>0.000046196205</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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      <invstOrSec>
        <name>ASGN INC</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>ASGN INC</title>
        <cusip>00191U102</cusip>
        <identifiers>
          <isin value="US00191U1025"/>
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        <balance>9200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>613456.00000000</valUSD>
        <pctVal>0.042171635785</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>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEX 5.5 1/21/21</title>
        <cusip>71654QAX0</cusip>
        <identifiers>
          <isin value="US71654QAX07"/>
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        <balance>190000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>190059.38000000</valUSD>
        <pctVal>0.013065509100</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-01-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05500000</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>TRANSOCEAN INC</name>
        <lei>DOL4HJ22ADYSIWES4H94</lei>
        <title>TRANSOCEAN INC 7.25% 11/01/2025 144A</title>
        <cusip>893830BK4</cusip>
        <identifiers>
          <isin value="US893830BK41"/>
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        <balance>590000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>321550.00000000</valUSD>
        <pctVal>0.022104746692</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>ZEBRA TECHNOLOGIES CORP</name>
        <lei>PO0I32GKZ3HZMMDPZZ08</lei>
        <title>ZEBRA TECHNOLOGIES CORP CL A</title>
        <cusip>989207105</cusip>
        <identifiers>
          <isin value="US9892071054"/>
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        <balance>12000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3071400.00000000</valUSD>
        <pctVal>0.211141405660</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>NEXTERA ENERGY OPERATING PARTNERS LP</name>
        <lei>549300KJEC5IUVJWR786</lei>
        <title>NEXTERA ENERGY OPERATING PARTNERS LP 4.25% 09/15/2024 144A</title>
        <cusip>65342QAC6</cusip>
        <identifiers>
          <isin value="US65342QAC69"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>250000.00000000</valUSD>
        <pctVal>0.017186088238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>NCR CORPORATION NEW</name>
        <lei>549300YKTY8JX1DV2R67</lei>
        <title>NCR CORPORATION NEW 6.125% 09/01/2029 144A</title>
        <cusip>62886EAV0</cusip>
        <identifiers>
          <isin value="US62886EAV02"/>
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        <balance>485000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>487371.65000000</valUSD>
        <pctVal>0.033504048726</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06125000</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>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 6.85% 01/27/45 144A</title>
        <cusip>25714PCW6</cusip>
        <identifiers>
          <isin value="US25714PCW68"/>
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        <balance>245000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>234664.06000000</valUSD>
        <pctVal>0.016131828966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-01-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06850000</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>MOOG INC</name>
        <lei>549300WM2I4U7OBAHG07</lei>
        <title>MOOG INC 4.25% 12/15/2027 144A</title>
        <cusip>615394AM5</cusip>
        <identifiers>
          <isin value="US615394AM52"/>
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        <balance>185000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>180319.50000000</valUSD>
        <pctVal>0.012395947352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04250000</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>SM ENERGY CO</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM ENERGY CO 6.625% 01/15/2027</title>
        <cusip>78454LAP5</cusip>
        <identifiers>
          <isin value="US78454LAP58"/>
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        <balance>1125000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>551250.00000000</valUSD>
        <pctVal>0.037895324565</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06625000</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>EGYPT, (ARAB) REP OF</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT (ARAB) REP OF 8.5% 01/31/2047 144A</title>
        <cusip>038461AM1</cusip>
        <identifiers>
          <isin value="US038461AM14"/>
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        <balance>580000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>566950.00000000</valUSD>
        <pctVal>0.038974610906</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08500000</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>ALLEN MEDIA LLC/CO-ISSR</name>
        <lei>N/A</lei>
        <title>ALLEN MEDIA LLC/CO-ISSR 10.5% 02/15/2028 144A</title>
        <cusip>01771YAA8</cusip>
        <identifiers>
          <isin value="US01771YAA82"/>
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        <balance>595000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>544811.75000000</valUSD>
        <pctVal>0.037452731235</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10500000</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>PBF HLDG CO LLC / PBF FIN CORP</name>
        <lei>N/A</lei>
        <title>PBF HLDG CO LLC / PBF FIN CORP 7.25% 06/15/2025</title>
        <cusip>69318FAG3</cusip>
        <identifiers>
          <isin value="US69318FAG37"/>
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        <balance>1145000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1039087.50000000</valUSD>
        <pctVal>0.071431397849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07250000</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>PENN NATIONAL GAMING INC</name>
        <lei>N/A</lei>
        <title>PENN NATIONAL GAMING</title>
        <cusip>707569109</cusip>
        <identifiers>
          <isin value="US7075691094"/>
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        <balance>44100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1346814.00000000</valUSD>
        <pctVal>0.092585856978</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>CENTENE CORP DEL</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>CENTENE CORP 4.75% 01/15/2025</title>
        <cusip>15135BAP6</cusip>
        <identifiers>
          <isin value="US15135BAP67"/>
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        <balance>490000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>501598.30000000</valUSD>
        <pctVal>0.034482050575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04750000</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>FMG RESOURCES AUG'06 PTY LTD</name>
        <lei>549300EFD6S2NFE9D745</lei>
        <title>FMG RES AUGUST 2006 PTY LTD 5.125% 03/15/2023 144A</title>
        <cusip>30251GAY3</cusip>
        <identifiers>
          <isin value="US30251GAY35"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>667875.00000000</valUSD>
        <pctVal>0.045912634728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</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>AECOM</name>
        <lei>0EEB8GF0W0NPCIHZX097</lei>
        <title>AECOM 5.125% 03/15/2027</title>
        <cusip>00774CAB3</cusip>
        <identifiers>
          <isin value="US00774CAB37"/>
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        <balance>625000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>671875.00000000</valUSD>
        <pctVal>0.046187612140</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05125000</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>UNIT CORP</name>
        <lei>549300XGK22FZCTN8B67</lei>
        <title>UNIT CORP 6.625% 5/15/21</title>
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          <isin value="US909218AB56"/>
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        <balance>120000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>15867.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>ULTIMATE SOFTWARE GROUP INC</name>
        <lei>529900FKHWSTQ1GXK240</lei>
        <title>ULTIMATE SOFTWARE GROUP INC TERM 2LN 05/03/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ULTI"/>
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        <balance>140000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>142100.00000000</valUSD>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-03</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>QATAR ST</name>
        <lei>52990074F6OJOAXK4P65</lei>
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          <isin value="US74727PBB67"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1580250.00000000</valUSD>
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        <invCountry>QA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CENTENE CORP DEL</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>CENTENE CORP 5.25% 04/01/2025 144A</title>
        <cusip>15135BAL5</cusip>
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          <isin value="US15135BAL53"/>
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        <balance>475000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>489107.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05250000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UST NOTES</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UST NOTES 1.5% 01/31/2027</title>
        <cusip>912828Z78</cusip>
        <identifiers>
          <isin value="US912828Z781"/>
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        <balance>5095000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5439509.58000000</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>2027-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTHWESTERN ENERGY CO</name>
        <lei>EFWMP121W54QV9MGOP87</lei>
        <title>SOUTHWESTERN ENERGY CO 7.75% 10/01/2027</title>
        <cusip>845467AN9</cusip>
        <identifiers>
          <isin value="US845467AN98"/>
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        <balance>680000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>591600.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.07750000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
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      <invstOrSec>
        <name>DTZ US BORROWER LLC</name>
        <lei>N/A</lei>
        <title>DTZ US BORROWER LLC 6.75% 05/15/2028 144A</title>
        <cusip>23166MAA1</cusip>
        <identifiers>
          <isin value="US23166MAA18"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>677625.00000000</valUSD>
        <pctVal>0.046582892169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.06750000</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>PETRONAS CAP LTD</name>
        <lei>549300G7YFX3540OYR85</lei>
        <title>PETRONAS CAP LTD 3.5% 04/21/2030 144A</title>
        <cusip>716743AP4</cusip>
        <identifiers>
          <isin value="US716743AP46"/>
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        <balance>340000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>376766.82000000</valUSD>
        <pctVal>0.025900591255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.03500000</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>CBOM FIN PLC</name>
        <lei>2534000R9X3PNNE57C55</lei>
        <title>CBOM FIN PLC 4.7% 01/29/2025 144A</title>
        <cusip>12504PAH3</cusip>
        <identifiers>
          <isin value="US12504PAH38"/>
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        <balance>120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>119250.00000000</valUSD>
        <pctVal>0.008197764089</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.04700000</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>JAPAN GOVERNMENT OF</name>
        <lei>N/A</lei>
        <title>JAPAN GOVERNMENT OF 0.4% 03/20/2056</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP1400091G59"/>
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        <balance>317500000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="107.97500000"/>
        <valUSD>2740835.80000000</valUSD>
        <pctVal>0.188416983621</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00400000</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>BANK OF AMERICA, N.A.</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>BOAM SWAP REC 1.7375 09/20/24</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSL2O02HW"/>
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        <balance>4400000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>232707.90000000</valUSD>
        <pctVal>0.015997354012</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>BANK OF AMERICA, N.A.</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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                    <lei>B4TYDEB6GKMZO031MB27</lei>
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                    <cusip>N/A</cusip>
                    <identifiers>
                      <other otherDesc="Internal" value="FAI527000"/>
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                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
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                    <invCountry>US</invCountry>
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      <invstOrSec>
        <name>UNITED STATES TREASURY BOND</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>UNITED STATES TREASURY BOND 1.25% 05/15/2050</title>
        <cusip>912810SN9</cusip>
        <identifiers>
          <isin value="US912810SN90"/>
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        <balance>460000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>441617.97000000</valUSD>
        <pctVal>0.030358741600</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.01250000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHS/CMNTY HEALTH SYSTEMS INC</name>
        <lei>5493007X5NC5XI1BB106</lei>
        <title>CHS/CMNTY HEALTH SYSTEMS INC 8.125% 06/30/2024 144A</title>
        <cusip>12543DBA7</cusip>
        <identifiers>
          <isin value="US12543DBA72"/>
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        <balance>2162000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1448540.00000000</valUSD>
        <pctVal>0.099578945026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.08125000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NABORS INDUSTRIES INC</name>
        <lei>549300VFQWRKICUFNU92</lei>
        <title>NABORS INDUSTRIES INC 5.75% 02/01/2025</title>
        <cusip>62957HAF2</cusip>
        <identifiers>
          <isin value="US62957HAF29"/>
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        <balance>1028000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>416340.00000000</valUSD>
        <pctVal>0.028621023908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.05750000</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>
      <invstOrSec>
        <name>UNITEDHEALTH GROUP INC</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UNITEDHEALTH GROUP INC</title>
        <cusip>91324P102</cusip>
        <identifiers>
          <isin value="US91324P1021"/>
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        <balance>4100.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1209295.00000000</valUSD>
        <pctVal>0.083132202304</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>CHICAGO BOARD OF TRADE</name>
        <lei>N/A</lei>
        <title>US LONG BOND(CBT) FUT SEP20 USU0</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="USU0"/>
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        <balance>23.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2731.02000000</valUSD>
        <pctVal>-0.00018774220</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>CHICAGO BOARD OF TRADE</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
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                <issuerName>UST NOTES</issuerName>
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            <expDate>2020-09-21</expDate>
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            <unrealizedAppr>-2731.02000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CANADIAN IMPERIAL BANK OF COMMERCE</name>
        <lei>2IGI19DL77OX0HC3ZE78</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="819095"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>CANADIAN IMPERIAL BANK OF COMMERCE</counterpartyName>
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            <unrealizedAppr>-682997.33000000</unrealizedAppr>
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        </derivativeInfo>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FORTIVE CORP</name>
        <lei>549300MU9YQJYHDQEF63</lei>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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            <unrealizedAppr>-63.90000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>BLOCK COMMUNICATIONS INC</name>
        <lei>M5G68A9OHJWIL4SFC742</lei>
        <title>BLOCK COMMUNICATIONS INC 4.875% 03/01/2028 144A</title>
        <cusip>093645AJ8</cusip>
        <identifiers>
          <isin value="US093645AJ88"/>
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        <balance>410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>404993.90000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>US AWYS INC</name>
        <lei>5493004XNBKB5SFUJI60</lei>
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          <isin value="US90345WAE49"/>
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        <balance>126754.54960000</balance>
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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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>MOROCCO KINGDOM OF</name>
        <lei>529900F3MBW9XY5K1X07</lei>
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        <valUSD>85487.50000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Bloomberg" value="COSL2O02H6"/>
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        <balance>2600000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>30754.05000000</valUSD>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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                    <counterpartyName>JPMORGAN CHASE BANK NA NEW YORK NY</counterpartyName>
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                  <derivAddlInfo>
                    <name>JPMORGAN CHASE BANK NA NEW YORK NY</name>
                    <lei>7H6GLXDRUGQFU57RNE97</lei>
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                    <identifiers>
                      <other otherDesc="Internal" value="FAC127000"/>
                    </identifiers>
                    <balance>N/A</balance>
                    <units>NC</units>
                    <curCd>USD</curCd>
                    <valUSD>N/A</valUSD>
                    <pctVal>N/A</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                    <invCountry>US</invCountry>
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                      <rtResetTenor rateTenor="Month" rateTenorUnit="3" resetDt="Month" resetDtUnit="3"/>
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                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0.00000000</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>2600000.00000000</notionalAmt>
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            <shareNo>1.00000000</shareNo>
            <exercisePrice>1.57125000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2024-09-05</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-43914.70000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>FX Forward: EUR/USD settle 2020-08-13</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="825082"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BNP PARIBAS</counterpartyName>
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            <amtCurSold>2885661.76000000</amtCurSold>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PETKIM PETROKIMYA HLDG AS</name>
        <lei>529900XZCVZOEYWNBQ67</lei>
        <title>PETKIM PETROKIMYA HLDG AS 5.875% 01/26/2023 144A</title>
        <cusip>71638YAA4</cusip>
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          <isin value="US71638YAA47"/>
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        <balance>940000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>930600.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-01-26</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NATIONAL AUSTRALIA BANK LTD</name>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal FX transaction ID" value="819532"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>145979.83000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>NATIONAL AUSTRALIA BANK LTD</counterpartyName>
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            <amtCurSold>2105551.61000000</amtCurSold>
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            <amtCurPur>21668000.00000000</amtCurPur>
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            <unrealizedAppr>145979.83000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2020-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Laura M. Del Prato</ncom:nameOfApplicant>
      <ncom:signature>Laura M. Del Prato</ncom:signature>
      <ncom:signerName>Laura M. Del Prato</ncom:signerName>
      <ncom:title>President and Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
