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      <regLei>549300U1LO71RX3JUC82</regLei>
      <regStreet1>30 HUDSON STREET</regStreet1>
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        <name>Fixed Income Clearing Corp</name>
        <lei>549300H47WTHXPU08X20</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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            <repurchaseCollateral>
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      <invstOrSec>
        <name>WEIBO CORP</name>
        <lei>549300Q9ID4640FE0422</lei>
        <title>Weibo Corp</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KazMunayGas National Co. JSC</name>
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          <isin value="XS1807299331"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-24</maturityDt>
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      <invstOrSec>
        <name>WE SODA INV HOLDING PLC</name>
        <lei>984500SE38C07DB47A90</lei>
        <title>WE Soda Investments Holding PLC</title>
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          <isin value="US92943TAC71"/>
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        <curCd>USD</curCd>
        <valUSD>205921.50000000</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>2031-02-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.37500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REDE D'OR FINANCE SARL</name>
        <lei>549300FDE772OLJUCP79</lei>
        <title>Rede D'or Finance Sarl</title>
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          <isin value="USL7915RAA43"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>195901.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-17</maturityDt>
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          <annualizedRt>4.95000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IVANHOE MINES LTD</name>
        <lei>5299006XZISURYIA4G32</lei>
        <title>Ivanhoe Mines Ltd</title>
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          <isin value="US46579RAE45"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201586.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TURK IHRACAT KR BK</name>
        <lei>789000JVRVYLAXGDWR11</lei>
        <title>Turkiye Ihracat Kredi Bankasi AS</title>
        <cusip>90015LAJ6</cusip>
        <identifiers>
          <isin value="US90015LAJ61"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>201963.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OOREDOO INTL FINANCE</name>
        <lei>549300BHXCDJ03WU7N77</lei>
        <title>Ooredoo International Finance Ltd</title>
        <cusip>68341PAB5</cusip>
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          <isin value="US68341PAB58"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>195127.05000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ALFA DESARROLLO SPA</name>
        <lei>2549006BJAN34R520038</lei>
        <title>Alfa Desarrollo SpA</title>
        <cusip>01538TAA3</cusip>
        <identifiers>
          <isin value="US01538TAA34"/>
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        <balance>247011.53000000</balance>
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        <curCd>USD</curCd>
        <valUSD>189741.02000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.55000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AZULE ENERGY FINANCE PLC</name>
        <lei>2138006X6O82RJSQDB63</lei>
        <title>Azule Energy Finance Plc</title>
        <cusip>05501YAA6</cusip>
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          <isin value="US05501YAA64"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200565.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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        <name>LIMAK ISKENDERUN</name>
        <lei>5299001DUZ9PI7TCRC47</lei>
        <title>Limak Iskenderun Uluslararasi Liman Isletmeciligi AS</title>
        <cusip>53263TAA5</cusip>
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          <isin value="US53263TAA51"/>
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        <balance>196200.45000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191344.49000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
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      <invstOrSec>
        <name>FIEMEX ENERGIA - BANC AC</name>
        <lei>N/A</lei>
        <title>FIEMEX Energia - Banco Actinver SA Institucion de Banca Multiple</title>
        <cusip>05974EAA8</cusip>
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          <isin value="US05974EAA82"/>
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        <balance>397700.13000000</balance>
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        <curCd>USD</curCd>
        <valUSD>394021.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OFFICE CHERIFIEN DES PHO</name>
        <lei>213800D26TAPVTCVWG40</lei>
        <title>OCP SA</title>
        <cusip>67091TAG0</cusip>
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          <isin value="US67091TAG04"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205222.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-05-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>ORLEN SA</name>
        <lei>259400VVMM70CQREJT74</lei>
        <title>ORLEN SA</title>
        <cusip>68666UAA3</cusip>
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          <isin value="US68666UAA34"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>205430.47000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>STANDARD CHARTERED PLC</name>
        <lei>U4LOSYZ7YG4W3S5F2G91</lei>
        <title>Standard Chartered PLC</title>
        <cusip>853254CS7</cusip>
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          <isin value="US853254CS76"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207305.66000000</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>2029-01-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30100000</annualizedRt>
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      <invstOrSec>
        <name>QNB FINANCE LTD</name>
        <lei>549300MY0DXTHQEX5O57</lei>
        <title>QNB Finance Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="XS2114850949"/>
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        <balance>300000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-02-12</maturityDt>
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          <annualizedRt>2.75000000</annualizedRt>
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        <name>GRUMA SAB DE CV</name>
        <lei>5493000XJLJ6C4T0PG82</lei>
        <title>Gruma SAB de CV</title>
        <cusip>400131AH1</cusip>
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          <isin value="US400131AH13"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200000.00000000</valUSD>
        <pctVal>0.547118387131</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.39000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ADANI TRANS STEP-ONE LTD</name>
        <lei>335800Z8CGS7O7D72N41</lei>
        <title>Adani Transmission Step-One Ltd</title>
        <cusip>00652XAA6</cusip>
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        <name>CNTL AMR BOTTLING CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CEMEX SAB DE CV</name>
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        <name>AIA GROUP LTD</name>
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        <name>KOREA ELECTRIC POWER CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED OVERSEAS BANK LTD</name>
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        <invCountry>SG</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-10-14</maturityDt>
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        <name>Mosaic Co/The</name>
        <lei>2YD5STGSJNMUB7H76907</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-16</maturityDt>
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        <name>MDGH GMTN RSC LTD</name>
        <lei>213800WRY6FRL9IXLT77</lei>
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        <cusip>000000000</cusip>
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        <invCountry>AE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CIKARANG LISTRINDO PT</name>
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        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-14</maturityDt>
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        <name>ALIBABA GROUP HOLDING</name>
        <lei>5493001NTNQJDH60PM02</lei>
        <title>Alibaba Group Holding Ltd</title>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-26</maturityDt>
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        <name>AZUL SECURED FINANCE LLP</name>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>TSMC GLOBAL LTD</name>
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        <name>Nigeria Government International Bonds</name>
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        <name>MAZOON ASSETS CO SAOC</name>
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        <invCountry>OM</invCountry>
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        <name>VEDANTA RESOURCES</name>
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        <name>IRB INFRASTRUCTURE DEVELOPERS</name>
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        <name>ECOPETROL SA</name>
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        <invCountry>CO</invCountry>
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        <name>WYNN MACAU LTD</name>
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        <title>Wynn Macau Ltd</title>
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        <name>Chicago Board of Trade</name>
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        <name>MGM CHINA HOLDINGS LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CITGO PETROLEUM CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tencent Holdings Ltd</name>
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        <name>DBS GROUP HOLDINGS LTD</name>
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        <name>ANGLO AMERICAN CAPITAL</name>
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        <name>COLBUN SA</name>
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        <name>EMPRESA GEN ELEC HAINA</name>
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        <name>Fidelity Investments</name>
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        <name>STUDIO CITY CO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKIYE GARANTI BANKASI</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GREENSAIF PIPELINES BIDC</name>
        <lei>549300YWDGUXPB8GRP47</lei>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-08-23</maturityDt>
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        <name>Minejesa Capital BV</name>
        <lei>549300KS7ERCP10BKC35</lei>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-08-10</maturityDt>
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      <invstOrSec>
        <name>JSW STEEL LTD</name>
        <lei>335800EK6HZSC4CVAJ09</lei>
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        <curCd>USD</curCd>
        <valUSD>191646.15000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>MHP Lux SA</name>
        <lei>222100RHC7R1WZ1J3M44</lei>
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          <isin value="XS1713469911"/>
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        <curCd>USD</curCd>
        <valUSD>190043.00000000</valUSD>
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        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-03</maturityDt>
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        <name>Chicago Board of Trade</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TEVA PHARMACEUTICALS NE</name>
        <lei>5493004T21MOAFINJP35</lei>
        <title>Teva Pharmaceutical Finance Netherlands III BV</title>
        <cusip>88167AAF8</cusip>
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          <isin value="US88167AAF84"/>
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        <balance>255000.00000000</balance>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TEVA PHARMACEUTICALS NE</name>
        <lei>5493004T21MOAFINJP35</lei>
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          <isin value="US88167AAE10"/>
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        <curCd>USD</curCd>
        <valUSD>485204.65000000</valUSD>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-01</maturityDt>
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        <name>PETRONAS CAPITAL LTD</name>
        <lei>549300G7YFX3540OYR85</lei>
        <title>Petronas Capital Ltd</title>
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          <isin value="USY6886MAE04"/>
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        <fairValLevel>2</fairValLevel>
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        <name>AEROPUERTOS DOMINICANOS</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-06-30</maturityDt>
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        <name>Hungary Government International Bonds</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Corp. Nacional del Cobre de Chile</name>
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        <name>BANK NEGARA INDONESIA</name>
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        <title>Bank Negara Indonesia Persero Tbk PT</title>
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        <name>GALAXY PIPELINE ASSETS</name>
        <lei>549300L82YB0C6JQIC26</lei>
        <title>Galaxy Pipeline Assets Bidco Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NAVOI MINING METALLURGIC</name>
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        <invCountry>UZ</invCountry>
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        <name>Nakilat Inc</name>
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        <invCountry>MH</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>LONGFOR HOLDINGS LTD</name>
        <lei>254900UJX27B2F1JYR13</lei>
        <title>Longfor Group Holdings Ltd</title>
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        <name>Citibank NA</name>
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        <fairValLevel>1</fairValLevel>
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        <name>HYUNDAI CAPITAL AMERICA</name>
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        <name>Chicago Board of Trade</name>
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        <name>Banco de Bogota SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PETRONAS CAPITAL LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BCP V MODULAR SERVICES</name>
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        <name>BANK LEUMI LE-ISRAEL</name>
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        <name>FIRST QUANTUM MINERALS L</name>
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        <name>ADANI PORTS AND SPECIAL</name>
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        <name>HUNT OIL CO OF PERU</name>
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        <name>KazMunayGas National Co. JSC</name>
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        <name>DEVELOPMENT BANK OF KAZA</name>
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      </invstOrSec>
      <invstOrSec>
        <name>SAN MIGUEL CORP</name>
        <lei>549300AGC9NFF12PHN68</lei>
        <title>San Miguel Corp</title>
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          <isin value="XS2207320701"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>10 RENEW POWER SUBSIDIAR</name>
        <lei>N/A</lei>
        <title>ReNew Wind Energy AP2 / ReNew Power Pvt Ltd other 9 Subsidiaries</title>
        <cusip>000000000</cusip>
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          <isin value="USY7280PAA13"/>
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        <curCd>USD</curCd>
        <valUSD>185907.15000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BANC CREDITO INVERSIONES</name>
        <lei>549300E9E5Y3PKW24142</lei>
        <title>Banco de Credito e Inversiones SA</title>
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          <isin value="US05890MAA18"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-10-12</maturityDt>
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      <invstOrSec>
        <name>AES PANAMA GENERATION HL</name>
        <lei>N/A</lei>
        <title>AES Panama Generation Holdings SRL</title>
        <cusip>000000000</cusip>
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          <isin value="USP0608AAB28"/>
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        <balance>189633.40000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169424.07000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>PA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-31</maturityDt>
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          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>SITIOS LATINOAMERICA</name>
        <lei>984500D2C0CDC0BFDD35</lei>
        <title>Sitios Latinoamerica SAB de CV</title>
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          <isin value="US82983PAA12"/>
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        <curCd>USD</curCd>
        <valUSD>202114.00000000</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>2029-11-25</maturityDt>
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          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>GOLD FIELDS OROGEN HOLD</name>
        <lei>213800CLGJ2E9KGU2F20</lei>
        <title>Gold Fields Orogen Holdings BVI Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="XS1993965950"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>207856.19000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BANCO BBVA PERU SA</name>
        <lei>549300H1JNU0HLNFU552</lei>
        <title>Banco BBVA Peru SA</title>
        <cusip>058950AA4</cusip>
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          <isin value="US058950AA48"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204866.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MULTIBANK INC.</name>
        <lei>549300QXX3SGZZ4OEU72</lei>
        <title>Multibank Inc</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USP69895AB94"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>206257.00000000</valUSD>
        <pctVal>0.564234985873</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75000000</annualizedRt>
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      <invstOrSec>
        <name>Turkiye Government International Bonds</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkiye Government International Bonds</title>
        <cusip>900123DK3</cusip>
        <identifiers>
          <isin value="US900123DK30"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201807.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.62500000</annualizedRt>
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      <invstOrSec>
        <name>CORP FINANCIERA DE DESAR</name>
        <lei>254900BOM7T4MG6T0J30</lei>
        <title>Corp Financiera de Desarrollo SA</title>
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        <curCd>USD</curCd>
        <valUSD>187285.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-28</maturityDt>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
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        <title>US LONG BOND(CBT) JUN25</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Gaci First Investment Co.</name>
        <lei>558600TU1PWGNLZ3XM88</lei>
        <title>Gaci First Investment Co.</title>
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          <isin value="XS2755904872"/>
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        <balance>200000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Saudi Arabian Oil Co.</name>
        <lei>5586006WD91QHB7J4X50</lei>
        <title>Saudi Arabian Oil Co.</title>
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          <isin value="XS1982116136"/>
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        <invCountry>SA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>TELFON CELUAR DEL PARAGU</name>
        <lei>254900R8A8IKGF4THL54</lei>
        <title>Telefonica Celular del Paraguay SA</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>PY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
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      <invstOrSec>
        <name>WOORI BANK</name>
        <lei>549300VUVMRL6RE7R376</lei>
        <title>Woori Bank</title>
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          <isin value="US98105TAA25"/>
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        <valUSD>203167.53000000</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>2029-07-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>SISECAM UK PLC</name>
        <lei>789000T82YRLMLUOC889</lei>
        <title>Sisecam UK PLC</title>
        <cusip>829688AB6</cusip>
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          <isin value="US829688AB65"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>200657.20000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SAN MIGUEL INDUSTRIAS</name>
        <lei>N/A</lei>
        <title>SAN Miguel Industrias Pet SA / NG PET R&amp;P Latin America SA</title>
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        <balance>200000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-02</maturityDt>
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      <invstOrSec>
        <name>BANC CREDITO INVERSIONES</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VALE OVERSEAS LIMITED</name>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eurex Deutschland</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SHIMAO GROUP HOLDINGS LT</name>
        <lei>254900WTJ6B5CU69ZD26</lei>
        <title>Shimao Group Holdings Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="XS2276735326"/>
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        <curCd>USD</curCd>
        <valUSD>11196.00000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-11</maturityDt>
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      <invstOrSec>
        <name>BANCO CONTINENTAL S.A.E.</name>
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          <isin value="US059490AB83"/>
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        <invCountry>PY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>YPF ENERGIA ELECTRICA SA</name>
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        <title>YPF Energia Electrica SA</title>
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          <isin value="US98424MAB90"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-16</maturityDt>
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      <invstOrSec>
        <name>ST MARYS CEMENT INC</name>
        <lei>5493009981WBHS86CJ89</lei>
        <title>St Marys Cement Inc Canada</title>
        <cusip>78478EAC2</cusip>
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          <isin value="US78478EAC21"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>199120.70000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARCOS DORADOS BV</name>
        <lei>549300T91OYP6I7P8G39</lei>
        <title>Arcos Dorados BV</title>
        <cusip>03965TAC7</cusip>
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          <isin value="US03965TAC71"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>204600.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-29</maturityDt>
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          <annualizedRt>6.37500000</annualizedRt>
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      <invstOrSec>
        <name>ECOPETROL SA</name>
        <lei>254900IDGKCJICKBPA66</lei>
        <title>Ecopetrol SA</title>
        <cusip>279158AV1</cusip>
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          <isin value="US279158AV11"/>
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        <balance>270000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>263243.74000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-19</maturityDt>
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      <invstOrSec>
        <name>SUNAC CHINA HOLDINGS LTD</name>
        <lei>549300OLARYHDXP3WK18</lei>
        <title>Sunac China Holdings Ltd</title>
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          <isin value="XS2708724096"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <title>Sunac China Holdings Ltd.</title>
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      <invstOrSec>
        <name>LEVIATHAN BOND LTD</name>
        <lei>254900D9T8VKYVQNZ220</lei>
        <title>Leviathan Bond Ltd</title>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-06-30</maturityDt>
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      <invstOrSec>
        <name>OFFICE CHERIFIEN DES PHO</name>
        <lei>213800D26TAPVTCVWG40</lei>
        <title>OCP SA</title>
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        <curCd>USD</curCd>
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        <invCountry>MA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-23</maturityDt>
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      <invstOrSec>
        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>Republic of South Africa Government International Bond</title>
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          <isin value="US836205AR58"/>
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        <balance>200000.00000000</balance>
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        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>State Street Bank &amp; Trust Co.</name>
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        <name>BANCO NACIONAL COM EXT</name>
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        <title>Banco Nacional de Comercio Exterior SNC/Cayman Islands</title>
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        <name>BANGKOK BANK PCL/HK</name>
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        <name>KALLPA GENERACION SA</name>
        <lei>549300NG1PWEI5BZG095</lei>
        <title>Kallpa Generacion SA</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ECOPETROL SA</name>
        <lei>254900IDGKCJICKBPA66</lei>
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        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-02-01</maturityDt>
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      <invstOrSec>
        <name>Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT</name>
        <lei>2549008P48EB9SN2OI80</lei>
        <title>Indonesia Asahan Aluminium PT/Mineral Industri Indonesia Persero PT</title>
        <cusip>000000000</cusip>
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          <isin value="USY7140WAF50"/>
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        <curCd>USD</curCd>
        <valUSD>201570.20000000</valUSD>
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        <invCountry>ID</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-05-15</maturityDt>
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      <invstOrSec>
        <name>Southern Copper Corp</name>
        <lei>2549007U6NAP46Q9TU15</lei>
        <title>Southern Copper Corp</title>
        <cusip>84265VAG0</cusip>
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          <isin value="US84265VAG05"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>92538.02000000</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>2042-11-08</maturityDt>
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          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>STILLWATER MINING CO</name>
        <lei>6354007DPCY4ZN2MRR73</lei>
        <title>Stillwater Mining Co</title>
        <cusip>000000000</cusip>
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          <isin value="USU85969AE07"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191691.65000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-16</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EIG PEARL HOLDINGS SARL</name>
        <lei>549300KIMRL45BWA5H76</lei>
        <title>EIG Pearl Holdings Sarl</title>
        <cusip>000000000</cusip>
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          <isin value="XS2400630005"/>
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        <balance>198528.51000000</balance>
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        <curCd>USD</curCd>
        <valUSD>174606.07000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-31</maturityDt>
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      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>549300EX04Q2QBFQTQ27</lei>
        <title>US 2YR NOTE (CBT) JUN25</title>
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        <curCd>USD</curCd>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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                <indexName>CBOT 2 Year U.S. Treasury Notes Futures</indexName>
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      <invstOrSec>
        <name>YPF SOCIEDAD ANONIMA</name>
        <lei>5493003N7447U18U5U53</lei>
        <title>YPF SA</title>
        <cusip>984245AQ3</cusip>
        <identifiers>
          <isin value="US984245AQ34"/>
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        <balance>69000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68576.50000000</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>2027-07-21</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ROMANIA</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>Romanian Government International Bond</title>
        <cusip>77586RAT7</cusip>
        <identifiers>
          <isin value="US77586RAT77"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>199518.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>BOI FINANCE BV</name>
        <lei>724500ZH3H2YACBUNF38</lei>
        <title>BOI Finance BV</title>
        <cusip>000000000</cusip>
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          <isin value="XS2348767323"/>
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        <balance>100000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92481300"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>COMISION FEDERAL DE ELEC</name>
        <lei>4469000001BFPONMPF32</lei>
        <title>Comision Federal de Electricidad</title>
        <cusip>000000000</cusip>
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          <isin value="USP30179BK34"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>164856.92000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-26</maturityDt>
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          <annualizedRt>3.87500000</annualizedRt>
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      <invstOrSec>
        <name>PETRON CORP</name>
        <lei>549300R3PFXOFQSZ7G25</lei>
        <title>Petron Corp</title>
        <cusip>000000000</cusip>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>199305.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CIA DE MINAS BUENAVENTUR</name>
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        <title>Cia de Minas Buenaventura SAA</title>
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        <invCountry>PE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>ALFA BANK (ALFA BOND)</name>
        <lei>54930015QM0G7XTNYR27</lei>
        <title>Alfa Bank AO Via Alfa Bond Issuance PLC</title>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

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        <name>SBERBANK (SB CAP SA)</name>
        <lei>222100YFG9QVABDS2B03</lei>
        <title>Sberbank of Russia Via SB Capital SA</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <maturityDt>2023-05-23</maturityDt>
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        <name>PAN AMERICAN ENERGY LLC</name>
        <lei>N/A</lei>
        <title>Pan American Energy LLC/Argentina</title>
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        <invCountry>AR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>JD.COM INC</name>
        <lei>549300HVTWB0GJZ16V92</lei>
        <title>JD.com Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>CSN RESOURCES SA</name>
        <lei>222100ZEX458NMOXZP08</lei>
        <title>CSN Resources SA</title>
        <cusip>000000000</cusip>
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        <balance>200000.00000000</balance>
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        <valUSD>155134.94000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MELCO RESORTS FINANCE</name>
        <lei>5493000FQDBWKDBZEF60</lei>
        <title>Melco Resorts Finance Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USG5975LAA47"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>199275.48000000</valUSD>
        <pctVal>0.545136396062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NBK TIER 1 FINANCING 2</name>
        <lei>549300HMWSJFNREWT164</lei>
        <title>NBK Tier 1 Financing 2 Ltd</title>
        <cusip>62878WAA6</cusip>
        <identifiers>
          <isin value="US62878WAA62"/>
        </identifiers>
        <balance>300000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>298346.25000000</valUSD>
        <pctVal>0.816153595534</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-08-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NBK SPC LTD</name>
        <lei>549300P1ANDK86KWB419</lei>
        <title>NBK SPC Ltd</title>
        <cusip>62877PAB0</cusip>
        <identifiers>
          <isin value="US62877PAB04"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>191392.80000000</valUSD>
        <pctVal>0.523572600223</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FIRST QUANTUM MINERALS L</name>
        <lei>549300I7UVBGWRYMYZ18</lei>
        <title>First Quantum Minerals Ltd</title>
        <cusip>335934AU9</cusip>
        <identifiers>
          <isin value="US335934AU96"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204993.00000000</valUSD>
        <pctVal>0.560777197666</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PERTAMINA GEOTHERMAL ENE</name>
        <lei>2549009CVV6Y7H26NV14</lei>
        <title>Pertamina Geothermal Energy PT</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="USY7140EAA65"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200438.89000000</valUSD>
        <pctVal>0.548319011076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-04-29</ncom:dateSigned>
      <ncom:nameOfApplicant>LORD ABBETT GLOBAL FUND INC</ncom:nameOfApplicant>
      <ncom:signature>Michael Hebert</ncom:signature>
      <ncom:signerName>Michael Hebert</ncom:signerName>
      <ncom:title>Chief Financial Officer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
