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        <name>Republica de Colombia</name>
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        <name>BARCLAY BANK PLC</name>
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        <name>Republika Srbija</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>Russia, Federation of (Government)</name>
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        <name>Chile Electricity Lux MPC S.a r.l.</name>
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        <name>Gobierno de la Republica Dominicana</name>
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        <name>Republic of Lebanon</name>
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        <name>N/A</name>
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        <name>Kerajaan Malaysia</name>
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        <name>Empresa Nacional del Petroleo</name>
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        <name>Republic of Ukraine</name>
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        <name>Morgan Stanley Capital Services LLC</name>
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        <name>Saudi Arabian Oil Company</name>
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        <name>Republic of Ukraine</name>
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        <name>Estados Unidos Mexicanos</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Republic of Ukraine</name>
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        <name>Banco Central del Uruguay</name>
        <lei>549300DTMS39GZYBX161</lei>
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        <name>Republika Srbija</name>
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        <name>LIMAK YENILENEBILIR ENERJI ANONIM SIRKETI</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Republica de Honduras</name>
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        <name>International Bank for Reconstruction and Development</name>
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        <name>Banco Central del Uruguay</name>
        <lei>549300DTMS39GZYBX161</lei>
        <title>URU MONETARY REG BILL ZERO COUPON 06/04/2025</title>
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        <name>Mazoon Assets Company SAOC</name>
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        <name>Emirate of Dubai</name>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
        <lei>5493006KMX1VFTPYPW14</lei>
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          <other otherDesc="FX Forwards" value="CCTUSD__00021232"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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          <other otherDesc="FX Forwards" value="CCTCLP__00009065"/>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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          <other otherDesc="FX Forwards" value="CCTUSD__00009597"/>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Turkiye Cumhuriyeti</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <name>Sultanate of Oman</name>
        <lei>549300SZ20F0QTKNQC75</lei>
        <title>OMAN GOV INTERNTL BOND 6.750000% 01/17/2048</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Republic of Ukraine</name>
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        <name>Turkiye Cumhuriyeti</name>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>Republica del Peru</name>
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        <name>Republica Federativa do Brasil</name>
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        <name>CITIGROUP</name>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00008504"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>J.P. MORGAN SECURITIES</name>
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          <other otherDesc="FX Forwards" value="CCTKZT__00008642"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>BRK : GSI REC : 8.905</title>
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          <other otherDesc="All Others" value="22344601"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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        <name>Kingdom of Bahrain</name>
        <lei>54930065PJIB53WWMP12</lei>
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        <balance>1539000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Gobierno de la Republica Dominicana</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 5.875000% 01/30/2060</title>
        <cusip>P3579ECG0</cusip>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>337180.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: BRL/USD SETTLE 2025-04-02</title>
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          <other otherDesc="FX Forwards" value="CCTBRL__00006281"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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            <amtCurSold>9761613.65000000</amtCurSold>
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        <securityLending>
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      <invstOrSec>
        <name>SCB SECURITIES</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: UZS/USD SETTLE 2025-10-28</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUZS__00003862"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>SCB SECURITIES</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurSold>550880.04000000</amtCurSold>
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            <amtCurPur>7547205322.00000000</amtCurPur>
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      <invstOrSec>
        <name>ADANI GREEN ENERGY (UP) LIMITED</name>
        <lei>335800NT8W2YDE1C2270</lei>
        <title>ADANI GREEN ENERGY UP LTD / PRAYATNA DEVELOPERS PV 6.700000% 03/12/2042</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2777626685"/>
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        <balance>1787616.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIA GOVERNMENT BOND 5.000000% 02/12/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ROVRZSEM43E4"/>
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        <balance>3950000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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      <invstOrSec>
        <name>The State of Qatar</name>
        <lei>52990074F6OJOAXK4P65</lei>
        <title>QATAR GOVERNMENT INTERNATIONAL BOND MTN 4.625000% 05/29/2029</title>
        <cusip>74738PAK4</cusip>
        <identifiers>
          <isin value="US74738PAK49"/>
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        <balance>502000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>505702.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>QA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Joint Stock Company National Company KazMunayGas</name>
        <lei>2138001H1M69RFJCSH88</lei>
        <title>KAZMUNAYGAS NATIONAL CO JSC 6.375000% 10/24/2048</title>
        <cusip>Y44709AG1</cusip>
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          <isin value="XS1807299331"/>
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        <balance>1120000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1046898.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of India</name>
        <lei>335800IV7VCDQGIOI391</lei>
        <title>INDIA GOVERNMENT BOND 7.300000% 06/19/2053</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IN0020230051"/>
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        <balance>10000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="INR" exchangeRt="85.47250000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-06-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.30000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WELLS FARGO</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: ZAR/USD SETTLE 2025-04-25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTZAR__00009796"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.39190000"/>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>WELLS FARGO</counterpartyName>
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            <amtCurSold>1050031.09000000</amtCurSold>
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            <amtCurPur>19070000.00000000</amtCurPur>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Republica Federativa do Brasil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>FED REPUBLIC OF BRAZIL 6.625000% 03/15/2035</title>
        <cusip>105756CL2</cusip>
        <identifiers>
          <isin value="US105756CL22"/>
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        <balance>3512000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3491615.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>Magyarorszag</name>
        <lei>5299003F3UFKGCCMAP43</lei>
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          <isin value="XS2388586401"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>HU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kingdom of Saudi Arabia</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>SAUDI GOVERNMENT INTERNATIONAL BOND MTN 5.750000% 01/16/2054</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2747599509"/>
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        <balance>3561000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>TREASURY BILL 0.000000% 04/08/2025</title>
        <cusip>912797NY9</cusip>
        <identifiers>
          <isin value="US912797NY99"/>
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        <balance>390000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>389678.34000000</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>2025-04-08</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
        <title>FX Forward Contract: PLN/EUR SETTLE 2025-04-02</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTPLN__00007298"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="PLN" exchangeRt="3.87800000"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Estados Unidos Mexicanos</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX0MGO0000D8"/>
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        <balance>90013500.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00009020"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <fwdDeriv derivCat="FWD">
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      <invstOrSec>
        <name>Empresa Nacional del Petroleo</name>
        <lei>549300YP3P0JZBLIV197</lei>
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        <cusip>P37110AS5</cusip>
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          <isin value="USP37110AS59"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.15000000</annualizedRt>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/TRY SETTLE 2025-09-17</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00010265"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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      <invstOrSec>
        <name>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIAN GOVERNMENT INTERNATIONAL BOND 144A 7.500000% 02/10/2037</title>
        <cusip>77586RAW0</cusip>
        <identifiers>
          <isin value="US77586RAW07"/>
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        <balance>2480000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-02-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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      <invstOrSec>
        <name>Republica de El Salvador</name>
        <lei>529900AKDMUSFSDOM949</lei>
        <title>REPUBLIC OF EL SALVADOR 9.650000% 11/21/2054</title>
        <cusip>P01012CH7</cusip>
        <identifiers>
          <isin value="USP01012CH71"/>
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        <curCd>USD</curCd>
        <valUSD>1749008.78000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SV</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-11-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.65000000</annualizedRt>
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        <name>Republica Argentina</name>
        <lei>549300KPBYGYF7HCHO27</lei>
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        <cusip>040114HS2</cusip>
        <identifiers>
          <isin value="US040114HS26"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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      <invstOrSec>
        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA 7.750000% 09/18/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="COL17CT03342"/>
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        <balance>3403100000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Republic of Lebanon</name>
        <lei>529900QPC4K9S1KHL354</lei>
        <title>LEBANON GOVERNMENT INTERNATIONAL BOND MTN 6.375000% 03/09/2020</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS0493540297"/>
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        <balance>2239000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/ZAR SETTLE 2025-06-18</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00010128"/>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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          <other otherDesc="FX Forwards" value="CCTTRY__00313428"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS MTN 6.750000% 09/21/2047</title>
        <cusip>71654QCC4</cusip>
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          <isin value="US71654QCC42"/>
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        <balance>9917000.00000000</balance>
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        <valUSD>6780950.46000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>J P MORGAN CHASE BANK</name>
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          <other otherDesc="FX Forwards" value="CCTKRW__00022581"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/CNY SETTLE 2025-06-18</title>
        <cusip>N/A</cusip>
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          <other otherDesc="FX Forwards" value="CCTUSD__00008439"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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      <invstOrSec>
        <name>Joint Stock Company Development Bank of Kazakhstan</name>
        <lei>213800LCDPGJ1BI7KX98</lei>
        <title>DEVELOPMENT BANK OF KAZAKHSTAN JSC 144A 5.250000% 10/23/2029</title>
        <cusip>25159XAE3</cusip>
        <identifiers>
          <isin value="US25159XAE31"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Gobierno de la Republica Dominicana</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 10.750000% 06/01/2036</title>
        <cusip>N/A</cusip>
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          <isin value="USP3579ECV76"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <title>FX Forward Contract: USD/PEN SETTLE 2025-04-25</title>
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          <other otherDesc="FX Forwards" value="CCTUSD__00009801"/>
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        <balance>1.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
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        <title>FX Forward Contract: USD/PHP SETTLE 2025-06-02</title>
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          <other otherDesc="FX Forwards" value="CCTUSD__00022758"/>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>J.P. MORGAN SECURITIES</counterpartyName>
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      <invstOrSec>
        <name>Republica del Peru</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>PERU GOVERNMENT BOND 144A 7.300000% 08/12/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PEP01000C5I0"/>
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        <balance>9604000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.30000000</annualizedRt>
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      <invstOrSec>
        <name>GALAXY PIPELINE ASSETS BIDCO LIMITED</name>
        <lei>549300L82YB0C6JQIC26</lei>
        <title>GALAXY PIPELINE ASSETS BIDCO LTD 144A 2.625000% 03/31/2036</title>
        <cusip>36321PAB6</cusip>
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          <isin value="US36321PAB67"/>
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        <balance>370000.00000000</balance>
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        <invCountry>AE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.62500000</annualizedRt>
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      <invstOrSec>
        <name>Emirate of Abu Dhabi</name>
        <lei>213800FER4348CINTA77</lei>
        <title>ABU DHABI GOVERNMENT INTERNATIONAL BOND 144A 5.500000% 04/30/2054</title>
        <cusip>29135LAU4</cusip>
        <identifiers>
          <isin value="US29135LAU44"/>
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        <balance>483000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>AE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <name>The Commonwealth of The Bahamas</name>
        <lei>549300W13SXC7EKNJC20</lei>
        <title>COMMONWEALTH OF BAHAMAS 6.000000% 11/21/2028</title>
        <cusip>P06518AG2</cusip>
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          <isin value="USP06518AG23"/>
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        <curCd>USD</curCd>
        <valUSD>516375.00000000</valUSD>
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        <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>6.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kingdom of Thailand</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND GOVERNMENT BOND 2.650000% 06/17/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0623038609"/>
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        <balance>100000000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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      <invstOrSec>
        <name>Republique du Cameroun</name>
        <lei>54930021BO6NHYGBBV24</lei>
        <title>REPUBLIC OF CAMEROON 5.950000% 07/07/2032</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2360598630"/>
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        <balance>1430000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92575000"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
        <title>FX Forward Contract: BRL/USD SETTLE 2025-04-02</title>
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          <other otherDesc="FX Forwards" value="CCTBRL__00006983"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIAN GOVERNMENT INTERNATIONAL BOND MTN 5.625000% 02/22/2036</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2770921315"/>
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        <balance>200000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 8.250000% 05/15/2036</title>
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        <name>Republic of Kenya</name>
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        <name>PT Indonesia Asahan Aluminium (Persero)</name>
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          <isin value="US74445PAG72"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republic of Ghana</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Republic of South Africa</name>
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        <name>Republic of Ukraine</name>
        <lei>6354001WLTJXOMEXPY07</lei>
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        <cusip>903724CA8</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>Barclays Capital Inc.</name>
        <lei>213800IQAOC5HG62T347</lei>
        <title>Credit Default Swap</title>
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      <invstOrSec>
        <name>Gobierno de la Republica Dominicana</name>
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        <invCountry>DO</invCountry>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ICBC FINANCIAL SERVICES</name>
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          <other otherDesc="FX Forwards" value="CCTEGP__00004398"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Azarbayjan Respublikasi</name>
        <lei>549300P74FF45UQVU281</lei>
        <title>REPUBLIC OF AZERBAIJAN 3.500000% 09/01/2032</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1678623734"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA 6.250000% 07/09/2036</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="COL17CT03748"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <title>FX Forward Contract: GBP/USD SETTLE 2025-04-15</title>
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          <other otherDesc="FX Forwards" value="CCTGBP__00023245"/>
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        <name>Islamic Republic of Pakistan</name>
        <lei>529900LOP29R5WKHOD86</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2322321964"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
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        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</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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      <invstOrSec>
        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA 7.000000% 06/30/2032</title>
        <cusip>N/A</cusip>
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          <isin value="COL17CT03490"/>
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        <name>Republic of Tajikistan</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Kerajaan Malaysia</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00009731"/>
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        <name>MORGAN STANLEY &amp; CO, INC</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00007275"/>
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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>NIGERIA OMO BILL ZERO COUPON 02/24/2026</title>
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          <isin value="NGO4C2402265"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>NG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVERNMENT 4.504000% 04/30/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMK2200030"/>
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        <balance>4500000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50400000</annualizedRt>
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      <invstOrSec>
        <name>Republica Oriental del Uruguay</name>
        <lei>549300RDR012H2V82H43</lei>
        <title>REPUBLICA ORIENT URUGUAY 9.750000% 07/20/2033</title>
        <cusip>760942BF8</cusip>
        <identifiers>
          <isin value="US760942BF85"/>
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        <balance>48900000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
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      <invstOrSec>
        <name>Rzeczpospolita Polska</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>REPUBLIC OF POLAND 5.500000% 03/18/2054</title>
        <cusip>731011AZ5</cusip>
        <identifiers>
          <isin value="US731011AZ55"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
        <title>FX Forward Contract: TRY/USD SETTLE 2025-09-10</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTTRY__00008070"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <title>FX Forward Contract: USD/IDR SETTLE 2025-04-30</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00009180"/>
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        <balance>1.00000000</balance>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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      <invstOrSec>
        <name>Joint-stock company National Bank for Foreign Economic Activity of the Republic of Uzbekistan</name>
        <lei>253400TZJ7T1YULTGN68</lei>
        <title>NATIONAL BANK OF UZBEKIS 19.875000% 07/05/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2853544802"/>
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        <balance>4200000000.00000000</balance>
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        <currencyConditional curCd="UZS" exchangeRt="12937.16000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republique Gabonaise</name>
        <lei>213800XA7X746GRPXA35</lei>
        <title>REPUBLIC OF GABON 7.000000% 11/24/2031</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2407752711"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-11-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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      <invstOrSec>
        <name>Petroleos de Venezuela, S.A.</name>
        <lei>549300YWR8TN1OFD4P06</lei>
        <title>Petroleos de Venezuela SA 9.000000% 11/17/2021</title>
        <cusip>P7807HAP0</cusip>
        <identifiers>
          <isin value="USP7807HAP03"/>
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        <balance>4300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>645000.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>VE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
          <isDefault>Y</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Estados Unidos Mexicanos</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEX BONOS DESARR FIX RT 8.000000% 05/24/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MXMSGO000001"/>
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        <balance>10700000.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.45825000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
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      <invstOrSec>
        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>REPUBLIC OF SOUTH AFRICA 8.500000% 01/31/2037</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAG000107012"/>
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        <balance>65000000.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="18.39190000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>Republique du Benin</name>
        <lei>635400Q11P6AE5A5Y230</lei>
        <title>BENIN INTL GOV BOND 6.875000% 01/19/2052</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2286298711"/>
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        <balance>458000.00000000</balance>
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        <name>J P MORGAN CHASE BANK</name>
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        <name>Turkiye Cumhuriyeti</name>
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        <name>Republica Federativa do Brasil</name>
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        <name>Democratic Socialist Republic of Sri Lanka</name>
        <lei>254900IG6Y30I2QE2R92</lei>
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          <isin value="XS2966242252"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Magyarorszag</name>
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          <isin value="XS2388586583"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republic of Ukraine</name>
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          <isin value="US903724CC46"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republica de Guatemala</name>
        <lei>529900QKDFFU9UWW5315</lei>
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        <cusip>P5015VAQ9</cusip>
        <identifiers>
          <isin value="USP5015VAQ97"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/ZAR SETTLE 2025-07-30</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00003233"/>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>BARCLAYS CAPITAL INC.</name>
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        <name>Republica Federativa do Brasil</name>
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        <name>Kingdom of Thailand</name>
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        <name>J.P. MORGAN SECURITIES</name>
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      <invstOrSec>
        <name>Gabon Blue Bond Master Trust, Series 2</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Federal Republic of Nigeria</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>J P MORGAN CHASE BANK</name>
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          <other otherDesc="FX Forwards" value="CCTBRL__00020394"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BRK: BNS</name>
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          <other otherDesc="All Others" value="IRS98A050"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Republica del Ecuador</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>REPUBLIC OF ECUADOR ZERO COUPON 07/31/2030</title>
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          <isin value="XS2214239506"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
        <title>FX Forward Contract: USD/HUF SETTLE 2025-04-16</title>
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          <other otherDesc="FX Forwards" value="CCTUSD__00022345"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Citibank, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>BRK: CITI PAY: Secured Overnight Financing Rate: SOFR</title>
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          <other otherDesc="All Others" value="IRS98SYV8"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>Democratic Socialist Republic of Sri Lanka</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>SRI LANKA GOVERNMENT INTERNATIONAL BOND 144A 3.600000% 05/15/2036</title>
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          <isin value="XS2966241874"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <title>FX Forward Contract: USD/TRY SETTLE 2025-04-14</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00009182"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: CNY/USD SETTLE 2025-07-09</title>
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          <other otherDesc="FX Forwards" value="CCTCNY__00001333"/>
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        <name>CITIGROUP</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: NGN/USD SETTLE 2025-05-20</title>
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          <other otherDesc="FX Forwards" value="CCTNGN__00294325"/>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Braskem Idesa, S.A.P.I.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Federal Republic of Nigeria</name>
        <lei>549300GSBZD84TNEQ285</lei>
        <title>REPUBLIC OF NIGERIA 10.375000% 12/09/2034</title>
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        <invCountry>NG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republica de Guatemala</name>
        <lei>529900QKDFFU9UWW5315</lei>
        <title>REPUBLIC OF GUATEMALA 6.600000% 06/13/2036</title>
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        <invCountry>GT</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Arab Republic of Egypt</name>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <name>Kingdom of Thailand</name>
        <lei>254900PHJ6MSKT6C7026</lei>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>GOLDMAN, SACHS &amp; CO.</name>
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        <name>Republica de Chile</name>
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        <name>Gobierno de la Republica Dominicana</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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      <invstOrSec>
        <name>Rzeczpospolita Polska</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND GOVERNMENT BOND 7.500000% 07/25/2028</title>
        <cusip>N/A</cusip>
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          <isin value="PL0000115192"/>
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        <balance>20000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republica Oriental del Uruguay</name>
        <lei>549300RDR012H2V82H43</lei>
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        <cusip>760942BA9</cusip>
        <identifiers>
          <isin value="US760942BA98"/>
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        <balance>201000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>185925.00000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>UY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-06-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Republic of Ukraine</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE GOVERNMENT 0.000000% 02/01/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2895057177"/>
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        <balance>1069209.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>588064.95000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/ZAR SETTLE 2025-06-18</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00010126"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>REPUBLIC OF COLOMBIA 5.625000% 02/26/2044</title>
        <cusip>195325BR5</cusip>
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          <isin value="US195325BR53"/>
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        <balance>2032000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1513738.40000000</valUSD>
        <pctVal>0.167851641024</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-02-26</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 8.250000% 05/15/2036</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000011602"/>
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        <balance>10220000000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/PHP SETTLE 2025-06-18</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00008056"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: TRY/USD SETTLE 2025-04-21</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTTRY__00009303"/>
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        <balance>1.00000000</balance>
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        <pctVal>0.000209839722</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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            <amtCurPur>21530000.00000000</amtCurPur>
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        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 6.625000% 02/15/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000023607"/>
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        <balance>20877000000.00000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="16560.00000000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>The State of Qatar</name>
        <lei>52990074F6OJOAXK4P65</lei>
        <title>QATAR GOVERNMENT INTERNATIONAL BOND MTN 4.750000% 05/29/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2822506833"/>
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        <balance>736000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>743659.04000000</valUSD>
        <pctVal>0.082461005300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>QA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Turkiye Cumhuriyeti</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKIYE GOVERNMENT BOND 26.200000% 10/05/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRT051033T12"/>
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        <balance>218716000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="TRY" exchangeRt="37.96025000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>26.20000000</annualizedRt>
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        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>REPUBLIC OF GHANA 5.000000% 07/03/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2893147251"/>
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        <balance>1875429.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1630085.38000000</valUSD>
        <pctVal>0.180752834203</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Uzbek Industrial and Construction Bank Joint-Stock Commerical Bank</name>
        <lei>213800C2NIFPFTXYIU69</lei>
        <title>UZBEK INDUSTRIAL AND CONSTRUCTION BANK ATB 21.000000% 07/24/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2855478496"/>
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        <balance>10220000000.00000000</balance>
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        <invCountry>UZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republique du Senegal</name>
        <lei>549300NP14ZLQGWIUZ97</lei>
        <title>REPUBLIC OF SENEGAL 6.250000% 05/23/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1619155564"/>
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        <balance>1028000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>767213.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Democratic Socialist Republic of Sri Lanka</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>REPUBLIC OF SRI LANKA 3.600000% 05/15/2036</title>
        <cusip>Y1237TAC6</cusip>
        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Turkiye Cumhuriyeti</name>
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        <name>Pemerintah Republik Indonesia</name>
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        <name>Transnet SOC Ltd</name>
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        <name>BARCLAYS CAPITAL INC.</name>
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        <name>Republic of Iraq</name>
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        <name>Corporacion Nacional del Cobre de Chile</name>
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        <name>Republic of Iraq</name>
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        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Republic of the Philippines</name>
        <lei>529900RAHBALMYIJ3T08</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Estados Unidos Mexicanos</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <cusip>91087BBC3</cusip>
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          <isin value="US91087BBC37"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Mong Duong Finance Holdings B.V.</name>
        <lei>549300995KGQFMWSV879</lei>
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        <cusip>60935DAA3</cusip>
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        <name>Republica Bolivariana de Venezuela</name>
        <lei>529900XM8PJTJK5OJI77</lei>
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        <cusip>P17625AD9</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>J P MORGAN CHASE BANK</name>
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        <name>Joint Stock Company Development Bank of Kazakhstan</name>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <name>The Hashemite Kingdom of Jordan</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
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        <name>Turkiye Cumhuriyeti</name>
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        <name>Republic of Lebanon</name>
        <lei>529900QPC4K9S1KHL354</lei>
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        <name>Kerajaan Malaysia</name>
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        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
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        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>ACWA POWER MANAGEMENT AND INVESTMENTS ONE LTD</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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        <name>N/A</name>
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        <name>Romania</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Ceska republika</name>
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        <name>Republic of Lebanon</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Islamic Republic of Pakistan</name>
        <lei>529900LOP29R5WKHOD86</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>PERU LNG S.R.L.</name>
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        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
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        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
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        <name>Republic of Ukraine</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>JPMORGAN SECURITIES LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BARCLAYS CAPITAL INC.</name>
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          <other otherDesc="FX Forwards" value="CCTINR__00010257"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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          <other otherDesc="FX Forwards" value="CCTEUR__00007026"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Federal Republic of Nigeria</name>
        <lei>549300GSBZD84TNEQ285</lei>
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          <isin value="XS2384698994"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republika Srbija</name>
        <lei>254900W94OCY91V32O78</lei>
        <title>SERBIA INTERNATIONAL BOND 144A 6.000000% 06/12/2034</title>
        <cusip>817477AJ1</cusip>
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          <isin value="US817477AJ18"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/MXN SETTLE 2025-07-25</title>
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          <other otherDesc="FX Forwards" value="CCTUSD__00009602"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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        <name>Republic of Lebanon</name>
        <lei>529900QPC4K9S1KHL354</lei>
        <title>LEBANON GOVERNMENT INTERNATIONAL BOND MTN 6.400000% 05/26/2023</title>
        <cusip>N/A</cusip>
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          <isin value="XS1419879686"/>
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        <invCountry>LB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Cemex, S.A.B. de C.V.</name>
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        <name>Republika e Shqiperise</name>
        <lei>254900EDM43U3SGRND29</lei>
        <title>ALBANIA GOVERNMENT INTERNATIONAL BOND 144A 4.750000% 02/14/2035</title>
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        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>REPUBLIC OF SOUTH AFRICA 8.875000% 02/28/2035</title>
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        <name>BNP Paribas</name>
        <lei>74KKBLHM4AWY05GPNY79</lei>
        <title>BRK: BNP PARIBAS SA PAY: 2.2% FIXED</title>
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        <name>J P MORGAN CHASE BANK</name>
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        <title>FX Forward Contract: EGP/USD SETTLE 2025-05-19</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>ASIAN DEVELOPMENT BANK MTN 10.100000% 01/23/2026</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <name>MORGAN STANLEY &amp; CO, INC</name>
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      <invstOrSec>
        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
        <lei>5493006KMX1VFTPYPW14</lei>
        <title>FX Forward Contract: USD/EUR SETTLE 2025-04-14</title>
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          <other otherDesc="FX Forwards" value="CCTUSD__00019303"/>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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        <name>Republica de Guatemala</name>
        <lei>529900QKDFFU9UWW5315</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Morgan Stanley Capital Services LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MONTGOMERY/BANK OF AMERICA</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Emirate of Abu Dhabi</name>
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        <name>Gobierno de la Republica Dominicana</name>
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        <name>N/A</name>
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        <name>Republica de Chile</name>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>J.P. MORGAN SECURITIES</name>
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      <invstOrSec>
        <name>Turkiye Cumhuriyeti</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>The State of Qatar</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>Republica de Honduras</name>
        <lei>5493002DW1JNBNG17615</lei>
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        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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          <isin value="MYBMY1900052"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
        <lei>N/A</lei>
        <title>NIGERIA OMO BILL ZERO COUPON 12/02/2025</title>
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          <isin value="NGO2B0212258"/>
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        <name>J.P. MORGAN SECURITIES</name>
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          <other otherDesc="FX Forwards" value="CCTBRL__00010415"/>
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      <invstOrSec>
        <name>HSBC</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: IDR/USD SETTLE 2025-04-30</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTIDR__00004584"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="IDR" exchangeRt="16560.00000000"/>
        <valUSD>-5055.93000000</valUSD>
        <pctVal>-0.00056062933</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>HSBC</counterpartyName>
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            <amtCurSold>346844.02000000</amtCurSold>
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      <invstOrSec>
        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVERNMENT 4.696000% 10/15/2042</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMY2200023"/>
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        <balance>3303000.00000000</balance>
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        <currencyConditional curCd="MYR" exchangeRt="4.43750000"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>KONDOR FINANCE PLC</name>
        <lei>213800PUC1T9GI6EIO63</lei>
        <title>NAK NAFTOGAZ UKRAINE VIA KONDOR FINANCE PLC 7.125000% 07/19/2026</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2027394233"/>
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        <balance>437000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92575000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/ILS SETTLE 2025-06-18</title>
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          <other otherDesc="FX Forwards" value="CCTUSD__00009596"/>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <title>FX Forward Contract: USD/INR SETTLE 2025-04-03</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00010423"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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        <name>United States of America</name>
        <lei>N/A</lei>
        <title>US 5YR NOTE (CBT) JUN25 FINANCIAL COMMODITY FUTURE.</title>
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          <ticker value="FVM25"/>
          <other otherDesc="Bloomberg Ticker" value="FVM5"/>
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              <counterpartyName>J P MORGAN CHASE BANK</counterpartyName>
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        <name>Rzeczpospolita Polska</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>REPUBLIC OF POLAND 5.125000% 09/18/2034</title>
        <cusip>731011AY8</cusip>
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          <isin value="US731011AY80"/>
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        <issuerCat>NUSS</issuerCat>
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        <name>Kingston Airport Revenue Finance Limited</name>
        <lei>254900SK2YRR95AVHU30</lei>
        <title>KINGSTON AIRPORT REVENUE FINANCE LTD 144A 6.750000% 12/15/2036</title>
        <cusip>49647QAA6</cusip>
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          <isin value="US49647QAA67"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JM</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>PETROLEOS MEXICANOS 7.690000% 01/23/2050</title>
        <cusip>71654QDD1</cusip>
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          <isin value="US71654QDD16"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republica del Peru</name>
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        <name>Republic of Lebanon</name>
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        <name>Kerajaan Malaysia</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00007030"/>
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        <name>MORGAN STANLEY &amp; CO, INC</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00010262"/>
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        <name>Pemerintah Republik Indonesia</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Republica de Panama</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Turkiye Cumhuriyeti</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republica del Peru</name>
        <lei>254900STKLK2DBJJZ530</lei>
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        <cusip>715638BL5</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republica del Peru</name>
        <lei>254900STKLK2DBJJZ530</lei>
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        <cusip>715638DF6</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Banco Central del Uruguay</name>
        <lei>549300DTMS39GZYBX161</lei>
        <title>URU MONETARY REG BILL ZERO COUPON 05/21/2025</title>
        <cusip>YR1783301</cusip>
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          <isin value="UYLR13704UY6"/>
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        <invCountry>UY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Empresa de los Ferrocarriles del Estado</name>
        <lei>8755006LY8XNRFOGWN86</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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        <name>Republica Argentina</name>
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        <name>Republica de Colombia</name>
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        <name>Republique du Benin</name>
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        <name>Arab Republic of Egypt</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pemerintah Republik Indonesia</name>
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        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republica Bolivariana de Venezuela</name>
        <lei>529900XM8PJTJK5OJI77</lei>
        <title>REPUBLIC OF VENEZUELA VARIABLE RATE 10/13/2024</title>
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          <isin value="USP97475AP55"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Poinsettia Finance Limited S.a r.l.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republica del Peru</name>
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        <cusip>715638AV4</cusip>
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        <invCountry>PE</invCountry>

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        <name>Republica Argentina</name>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Pemerintah Republik Indonesia</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <name>Standard Chartered Bank</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <name>Rzeczpospolita Polska</name>
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        <name>MC Brazil Downstream Trading S.a r.l.</name>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>HSBC Bank N.A.</name>
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        <name>HAZINE MUSTESARLIGI VARLIK KIRALAMA ANONIM SIRKETI</name>
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        <title>HAZINE MUSTESARLIGI VARLIK KIRALAMA AS 144A 8.509100% 01/14/2029</title>
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        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
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        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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        <name>UBS SECURITIES</name>
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        <name>Autopista Rio Magdalena, S.A.S.</name>
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        <name>Corporacion Nacional del Cobre de Chile</name>
        <lei>549300UVMBCBCIPSUI70</lei>
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        <name>Arab Republic of Egypt</name>
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        <name>Republica de Angola</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Republic of Ukraine</name>
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        <name>J P MORGAN CHASE BANK</name>
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        <name>Bundesrepublik Deutschland</name>
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        <name>Pemerintah Republik Indonesia</name>
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        <name>Kingdom of Thailand</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Sultanate of Oman</name>
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        <title>OMAN GOV INTERNTL BOND 6.750000% 10/28/2027</title>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Republica de Colombia</name>
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        <name>JP MORGAN CHASE BANK N.A.</name>
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        <name>Federal Democratic Republic of Ethiopia</name>
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        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <name>Estados Unidos Mexicanos</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <name>HSBC Bank PLC</name>
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        <name>Kingdom of Bahrain</name>
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        <name>Magyarorszag</name>
        <lei>5299003F3UFKGCCMAP43</lei>
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        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>PETRONAS Capital Limited</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA 7.000000% 03/26/2031</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republic of Armenia</name>
        <lei>5299000H77JSW90G7935</lei>
        <title>REPUBLIC OF ARMENIA 3.600000% 02/02/2031</title>
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        <identifiers>
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        <assetCat>DBT</assetCat>
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        <invCountry>AM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <title>FX Forward Contract: USD/TRY SETTLE 2025-04-14</title>
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          <other otherDesc="FX Forwards" value="CCTUSD__00009790"/>
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      <invstOrSec>
        <name>State of Israel</name>
        <lei>213800T8ZHTFZIBYPE21</lei>
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        <cusip>46514BRM1</cusip>
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        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republica Federativa do Brasil</name>
        <lei>254900ZFY40OYEADAP90</lei>
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        <name>Pemerintah Republik Indonesia</name>
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        <name>Republica de Honduras</name>
        <lei>5493002DW1JNBNG17615</lei>
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        <fairValLevel>2</fairValLevel>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INTER AMERICAN DEVELOPMENT BANK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS2660434064"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Ceska republika</name>
        <lei>3157007EFDLQABN47912</lei>
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          <isin value="CZ0001005920"/>
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        <balance>6150000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republica Bolivariana de Venezuela</name>
        <lei>529900XM8PJTJK5OJI77</lei>
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        <cusip>P17625AD9</cusip>
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          <isin value="USP17625AD98"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00007786"/>
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        <name>PRIVATE JOINT STOCK COMPANY NATIONAL POWER COMPANY UKRENERGO</name>
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          <isin value="XS2404309754"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
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        <name>Kingdom of Saudi Arabia</name>
        <lei>635400FMICXSM3SI3H65</lei>
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        <identifiers>
          <isin value="XS2109770151"/>
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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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        <name>Republica Del Paraguay</name>
        <lei>529900UXKJTJPCU0HK83</lei>
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        <cusip>699149BY5</cusip>
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          <isin value="US699149BY59"/>
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        <balance>836000.00000000</balance>
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        <invCountry>PY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMS1900047"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>REPUBLIC OF GHANA ZERO COUPON 01/03/2030</title>
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        <identifiers>
          <isin value="XS2893147681"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republic of the Philippines</name>
        <lei>529900RAHBALMYIJ3T08</lei>
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          <isin value="US718286CH84"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Democratic Socialist Republic of Sri Lanka</name>
        <lei>254900IG6Y30I2QE2R92</lei>
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          <isin value="XS2966242419"/>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00020760"/>
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        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>REPUBLIC OF GHANA ZERO COUPON 07/03/2026</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>INTERNATIONAL FINANCE CORPORATION</name>
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        <name>Republic of South Africa</name>
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        <name>Republica del Ecuador</name>
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        <name>BNP Paribas</name>
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        <name>Republica de Colombia</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Republic of North Macedonia</name>
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        <name>Republic of Ukraine</name>
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        <name>Pemerintah Republik Indonesia</name>
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          <isin value="IDG000012303"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA 6.000000% 04/28/2028</title>
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          <isin value="COL17CT02914"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PORT OF SPAIN WATERFRONT DEVELOPMENT LIMITED</name>
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        <cusip>73500YAA5</cusip>
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          <isin value="US73500YAA55"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>J.P. MORGAN SECURITIES</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00022872"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Pemerintah Republik Indonesia</name>
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          <isin value="IDG000023904"/>
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        <name>Banco Central de la Republica Dominicana</name>
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        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
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          <isin value="IDG000009705"/>
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        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>VEB FINANCE PUBLIC LIMITED COMPANY</name>
        <lei>635400KYY8E2NCZXJ191</lei>
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          <isin value="XS0559915961"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>RU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.80000000</annualizedRt>
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        <name>AVIANCA MIDCO 2 PLC</name>
        <lei>N/A</lei>
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          <isin value="US05369YAA73"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Republica del Ecuador</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
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          <isin value="IDG000012204"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Kingdom of Thailand</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND GOVERNMENT BOND 3.300000% 06/17/2038</title>
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          <isin value="TH062303I602"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Rzeczpospolita Polska</name>
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        <cusip>857524AF9</cusip>
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        <name>Bank of America</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
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        <name>Kingdom of Thailand</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND GOVERNMENT BOND 3.350000% 06/17/2033</title>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <cusip>N/A</cusip>
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          <other otherDesc="FX Forwards" value="CCTPEN__00019251"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>BRK: GOLDMAN SACHS PAY: 3.8932% FIXED</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="IRS98KAQ1"/>
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        <balance>1975000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <swapFlag>Y</swapFlag>
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            <upfrontRcpt>0.00000000</upfrontRcpt>
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            <notionalAmt>-1975000.00000000</notionalAmt>
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            <unrealizedAppr>-16065.42000000</unrealizedAppr>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Republic of Uzbekistan</name>
        <lei>213800L6VDKUM3TCM927</lei>
        <title>REPUBLIC OF UZBEKISTAN INTERNATIONAL BOND 144A 16.250000% 10/12/2026</title>
        <cusip>91822QVW4</cusip>
        <identifiers>
          <isin value="US91822QVW40"/>
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        <balance>5740000000.00000000</balance>
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        <currencyConditional curCd="UZS" exchangeRt="12937.16000000"/>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>UZ</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>16.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Republica del Peru</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>PERU BONO SOBERANO 6.9% 08/12/2037</title>
        <cusip>P87324BE1</cusip>
        <identifiers>
          <isin value="USP87324BE10"/>
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        <balance>1055000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="PEN" exchangeRt="3.66225000"/>
        <valUSD>283804.29000000</valUSD>
        <pctVal>0.031469780912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.90000000</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>Republic of Kenya</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>REPUBLIC OF KENYA 8.250000% 02/28/2048</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1781710626"/>
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        <balance>2751000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2180200.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN, SACHS &amp; CO.</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>FX Forward Contract: TRY/USD SETTLE 2025-05-27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTTRY__00285817"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="TRY" exchangeRt="37.96025000"/>
        <valUSD>100799.88000000</valUSD>
        <pctVal>0.011177245205</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>GOLDMAN, SACHS &amp; CO.</counterpartyName>
              <counterpartyLei>KD3XUN7C6T14HNAYLU02</counterpartyLei>
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            <amtCurSold>828464.45000000</amtCurSold>
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            <amtCurPur>37802833.00000000</amtCurPur>
            <curPur>TRY</curPur>
            <settlementDt>2025-05-27</settlementDt>
            <unrealizedAppr>100799.88000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Petroleos del Peru - Petroperu S.A.</name>
        <lei>549300ZMGDLC9JT2OR80</lei>
        <title>PETROLEOS DEL PERU SA 5.625000% 06/19/2047</title>
        <cusip>P7808BAB3</cusip>
        <identifiers>
          <isin value="USP7808BAB38"/>
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        <balance>2693000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1689857.50000000</valUSD>
        <pctVal>0.187380695681</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</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>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT GOVERNMENT INTERNATIONAL BOND MTN 5.625000% 04/16/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1807305328"/>
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        <balance>432000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92575000"/>
        <valUSD>394756.77000000</valUSD>
        <pctVal>0.043772802255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVERNMENT 4.893000% 06/08/2038</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMX1800049"/>
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        <balance>14558000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MYR" exchangeRt="4.43750000"/>
        <valUSD>3612881.61000000</valUSD>
        <pctVal>0.400616187753</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-06-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.89300000</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>GALAXY PIPELINE ASSETS BIDCO LIMITED</name>
        <lei>549300L82YB0C6JQIC26</lei>
        <title>GALAXY PIPELINE ASSETS BIDCO LTD 144A 2.940000% 09/30/2040</title>
        <cusip>36321PAE0</cusip>
        <identifiers>
          <isin value="US36321PAE07"/>
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        <balance>345500.16000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>282419.35000000</valUSD>
        <pctVal>0.031316211146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.94000000</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>Democratic Socialist Republic of Sri Lanka</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>REPUBLIC OF SRI LANKA 4.000000% 04/15/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2966242500"/>
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        <balance>382468.06000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>358755.04000000</valUSD>
        <pctVal>0.039780732383</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>The Hashemite Kingdom of Jordan</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
        <title>KINGDOM OF JORDAN 7.375000% 10/10/2047</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1577950311"/>
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        <balance>2700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2351791.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kingdom of Bahrain</name>
        <lei>54930065PJIB53WWMP12</lei>
        <title>BAHRAIN GOVERNMENT INTERNATIONAL BOND MTN 4.250000% 01/25/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2290956924"/>
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        <balance>710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>677652.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>Ceska republika</name>
        <lei>3157007EFDLQABN47912</lei>
        <title>CZECH REPUBLIC 4.900000% 04/14/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CZ0001006894"/>
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        <balance>75000000.00000000</balance>
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        <currencyConditional curCd="CZK" exchangeRt="23.13415000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.90000000</annualizedRt>
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      <invstOrSec>
        <name>Republica de Costa Rica</name>
        <lei>549300S1EK2VN6XVJP58</lei>
        <title>COSTA RICA GOVERNMENT INTERNATIONAL BOND 144A 7.300000% 11/13/2054</title>
        <cusip>221597CV7</cusip>
        <identifiers>
          <isin value="US221597CV77"/>
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        <balance>805000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>831162.50000000</valUSD>
        <pctVal>0.092163870311</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.30000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Republic of India</name>
        <lei>335800IV7VCDQGIOI391</lei>
        <title>INDIA GOVERNMENT BOND 7.300000% 06/19/2053</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IN0020230051"/>
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        <balance>350000000.00000000</balance>
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        <currencyConditional curCd="INR" exchangeRt="85.47250000"/>
        <valUSD>4283965.60000000</valUSD>
        <pctVal>0.475029672267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>J.P. MORGAN SECURITIES</name>
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        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <name>International Bank for Reconstruction and Development</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
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          <isin value="XS2707161308"/>
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        <issuerCat>NUSS</issuerCat>
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        <name>Republic of Armenia</name>
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        <name>Republic of Ukraine</name>
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        <name>The Commonwealth of The Bahamas</name>
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        <name>Kingdom of Bahrain</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>The Hashemite Kingdom of Jordan</name>
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        <name>Pemerintah Republik Indonesia</name>
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        <name>Republic of Uzbekistan</name>
        <lei>213800L6VDKUM3TCM927</lei>
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        <name>Rzeczpospolita Polska</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>REPUBLIC OF POLAND 5.500000% 03/18/2054</title>
        <cusip>731011AZ5</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SCB SECURITIES</name>
        <lei>N/A</lei>
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          <other otherDesc="FX Forwards" value="CCTUZS__00003260"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
        <title>FX Forward Contract: RON/EUR SETTLE 2025-04-02</title>
        <cusip>N/A</cusip>
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          <other otherDesc="FX Forwards" value="CCTRON__00007316"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>J.P. MORGAN SECURITIES</counterpartyName>
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      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>BRK : GOLDMAN SACHS &amp; CO. REC : FIXED 4.07%</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="IRS98Z1N1"/>
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        <balance>3630000.00000000</balance>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: ZAR/USD SETTLE 2025-05-06</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTZAR__00001324"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>MC Brazil Downstream Trading S.a r.l.</name>
        <lei>213800T2A7R9TYNXZI63</lei>
        <title>MC BRAZIL DOWNSTREAM TRADING SARL 144A 7.250000% 06/30/2031</title>
        <cusip>55292WAA8</cusip>
        <identifiers>
          <isin value="US55292WAA80"/>
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        <balance>817533.67260000</balance>
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        <curCd>USD</curCd>
        <valUSD>673848.04000000</valUSD>
        <pctVal>0.074719977583</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.25000000</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>Petroleos del Peru - Petroperu S.A.</name>
        <lei>549300ZMGDLC9JT2OR80</lei>
        <title>PETROLEOS DEL PERU SA 5.625000% 06/19/2047</title>
        <cusip>P7808BAB3</cusip>
        <identifiers>
          <isin value="USP7808BAB38"/>
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        <balance>4807000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3016392.50000000</valUSD>
        <pctVal>0.334474193888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-06-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>J P MORGAN CHASE BANK</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: MXN/USD SETTLE 2025-05-12</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTMXN__00022502"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="MXN" exchangeRt="20.45825000"/>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>J P MORGAN CHASE BANK</counterpartyName>
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            <amtCurPur>2143000.00000000</amtCurPur>
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      <invstOrSec>
        <name>Asian Infrastructure Investment Bank</name>
        <lei>25490065OSV2524LCR32</lei>
        <title>ASIAN INFRASTRUCTURE INVESTMENT BANK/THE MTN ZERO COUPON 02/08/2038</title>
        <cusip>ZM8086906</cusip>
        <identifiers>
          <isin value="XS2585171569"/>
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        <balance>15200000.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.45825000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-02-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republica Federativa do Brasil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>NOTA DO TESOURO NACIONAL 10.000000% 01/01/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BRSTNCNTF238"/>
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        <balance>19507000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="BRL" exchangeRt="5.72765000"/>
        <valUSD>2581311.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: USD/BRL SETTLE 2025-04-02</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00009183"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1754.83000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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            <amtCurPur>333479.01000000</amtCurPur>
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      <invstOrSec>
        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA 13.250000% 02/09/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="COL17CT03862"/>
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        <balance>1289100000.00000000</balance>
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        <currencyConditional curCd="COP" exchangeRt="4192.47000000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</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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      <invstOrSec>
        <name>Republique Gabonaise</name>
        <lei>213800XA7X746GRPXA35</lei>
        <title>GABON GOVERNMENT INTERNATIONAL BOND 144A 7.000000% 11/24/2031</title>
        <cusip>362420AE1</cusip>
        <identifiers>
          <isin value="US362420AE18"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Royaume du Maroc</name>
        <lei>529900F3MBW9XY5K1X07</lei>
        <title>KINGDOM OF MOROCCO 3.000000% 12/15/2032</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2270576965"/>
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        <balance>315000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>261024.75000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/ILS SETTLE 2025-07-30</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <name>Telekom Srbija ad, Beograd</name>
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        <name>Ceska republika</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Rzeczpospolita Polska</name>
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        <title>POLAND GOVERNMENT BOND 1.250000% 10/25/2030</title>
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        <name>Government of Mongolia</name>
        <lei>254900PW61ADCBDCLP71</lei>
        <title>MONGOLIA INTL BOND 8.650000% 01/19/2028</title>
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          <isin value="USY6142NAG35"/>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <putOrCall>Put</putOrCall>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/INR SETTLE 2025-06-18</title>
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          <other otherDesc="FX Forwards" value="CCTUSD__00009454"/>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: THB/USD SETTLE 2025-06-18</title>
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          <other otherDesc="FX Forwards" value="CCTTHB__00008062"/>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
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          <other otherDesc="FX Forwards" value="CCTPHP__00022433"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
        <title>FX Forward Contract: USD/IDR SETTLE 2025-04-22</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00022865"/>
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        <balance>1.00000000</balance>
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        <assetCat>DFE</assetCat>
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      <invstOrSec>
        <name>Federal Democratic Republic of Ethiopia</name>
        <lei>N/A</lei>
        <title>FEDERAL REP OF ETHIOPIA 6.625000% 12/11/2024</title>
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        <identifiers>
          <isin value="XS1151974877"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ET</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA INVESTMNT ISSUE 4.119000% 11/30/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBGT1900062"/>
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        <balance>1248000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AI CANDELARIA (SPAIN) SA</name>
        <lei>213800L5KA2MJ5FKRZ02</lei>
        <title>AI CANDELARIA -SPAIN- SA 5.750000% 06/15/2033</title>
        <cusip>E0R75RAB2</cusip>
        <identifiers>
          <isin value="USE0R75RAB28"/>
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        <balance>1180000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1014399.86000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>J P MORGAN CHASE BANK</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: RON/USD SETTLE 2025-05-12</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTRON__00022444"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <amtCurSold>270.73000000</amtCurSold>
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            <amtCurPur>1300.00000000</amtCurPur>
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      </invstOrSec>
      <invstOrSec>
        <name>Kingdom of Saudi Arabia</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>SAUDI GOVERNMENT INTERNATIONAL BOND MTN 4.750000% 01/16/2030</title>
        <cusip>80413TBF5</cusip>
        <identifiers>
          <isin value="US80413TBF57"/>
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        <balance>4475000.00000000</balance>
        <units>PA</units>
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        <name>Goldman Sachs International</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <name>Joint-Stock Commercial Bank Agrobank</name>
        <lei>254900JPMU0LFCP18673</lei>
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        <name>Republica de Angola</name>
        <lei>549300QHR2R3J8JSGK83</lei>
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        <name>Turkiye Cumhuriyeti</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>J P MORGAN CHASE BANK</name>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Turkiye Cumhuriyeti</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKIYE GOVERNMENT BOND 17.300000% 07/19/2028</title>
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          <isin value="TRT190728T18"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Leviathan Bond LTD</name>
        <lei>254900D9T8VKYVQNZ220</lei>
        <title>LEVIATHAN BOND LTD 144A 6.750000% 06/30/2030</title>
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        <invCountry>IL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>EGYPT TREASURY BILL ZERO COUPON 06/10/2025</title>
        <cusip>YX5066353</cusip>
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          <isin value="EGT9980A6P12"/>
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        <invCountry>EG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA 9.250000% 05/28/2042</title>
        <cusip>N/A</cusip>
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          <isin value="COL17CT03813"/>
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        <balance>9000000000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25000000</annualizedRt>
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        <name>Republica del Peru</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>REPUBLIC OF PERU 5.940000% 02/12/2029</title>
        <cusip>P78024AE9</cusip>
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          <isin value="USP78024AE96"/>
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        <invCountry>PE</invCountry>

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          <couponKind>Fixed</couponKind>
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        <name>Turkiye Cumhuriyeti</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKIYE GOVERNMENT BOND 17.300000% 07/19/2028</title>
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          <isin value="TRT190728T18"/>
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        <invCountry>TR</invCountry>

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        <name>HSBC Bank PLC</name>
        <lei>MP6I5ZYZBEU3UXPYFY54</lei>
        <title>BRK : HSBC PAY:MIBOR</title>
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        <name>JPMORGAN SECURITIES LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
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        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DEVELOPMENT BANK OF MONGOLIA</name>
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        <title>DEVT BANK OF MONGOLIA 11.000000% 03/07/2026</title>
        <cusip>N/A</cusip>
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          <isin value="XS2766834894"/>
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        <balance>700000.00000000</balance>
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        <invCountry>MN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
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          <other otherDesc="FX Forwards" value="CCTPHP__00022584"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>JPMORGAN SECURITIES LLC</name>
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          <other otherDesc="All Others" value="IRS98BPB9"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>J.P. MORGAN SECURITIES</name>
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          <other otherDesc="FX Forwards" value="CCTPLN__00008785"/>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Republica Argentina</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>REPUBLIC OF ARGENTINA 0.500000% 07/09/2029</title>
        <cusip>N/A</cusip>
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          <isin value="XS2200244072"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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      <invstOrSec>
        <name>Republic of Uzbekistan</name>
        <lei>213800L6VDKUM3TCM927</lei>
        <title>REPUBLIC OF UZBEKISTAN INTERNATIONAL BOND 144A 15.500000% 02/25/2028</title>
        <cusip>91824PAD9</cusip>
        <identifiers>
          <isin value="US91824PAD96"/>
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        <balance>36240000000.00000000</balance>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Republica Oriental del Uruguay</name>
        <lei>549300RDR012H2V82H43</lei>
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        <cusip>760942BE1</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CITIGROUP</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: NGN/USD SETTLE 2025-05-20</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTNGN__00285834"/>
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      <invstOrSec>
        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Ecopetrol S.A.</name>
        <lei>254900IDGKCJICKBPA66</lei>
        <title>ECOPETROL SA 7.750000% 02/01/2032</title>
        <cusip>279158AW9</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Estados Unidos Mexicanos</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEX BONOS DESARR FIX RT 7.750000% 11/23/2034</title>
        <cusip>N/A</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>SCB SECURITIES</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: UZS/USD SETTLE 2025-10-24</title>
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          <other otherDesc="FX Forwards" value="CCTUZS__00003635"/>
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        <invCountry>XX</invCountry>

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        <name>Republic of Lebanon</name>
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        <curCd>USD</curCd>
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        <invCountry>LB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EXPORT-IMPORT BANK OF INDIA</name>
        <lei>335800OFZ8YEIVN1QI11</lei>
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        <cusip>30216KAE2</cusip>
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          <isin value="US30216KAE29"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVERNMENT 3.582000% 07/15/2032</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMO2200016"/>
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        <balance>11997000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.58200000</annualizedRt>
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      <invstOrSec>
        <name>Petroleos del Peru - Petroperu S.A.</name>
        <lei>549300ZMGDLC9JT2OR80</lei>
        <title>PETROLEOS DEL PERU SA 144A 5.625000% 06/19/2047</title>
        <cusip>716564AB5</cusip>
        <identifiers>
          <isin value="US716564AB55"/>
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        <balance>720000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>451800.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>PE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-06-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.62500000</annualizedRt>
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      <invstOrSec>
        <name>Rzeczpospolita Polska</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>REPUBLIC OF POLAND 5.500000% 04/04/2053</title>
        <cusip>731011AW2</cusip>
        <identifiers>
          <isin value="US731011AW25"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94103.37000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-04-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
        <title>FX Forward Contract: KZT/USD SETTLE 2025-05-20</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTKZT__00006230"/>
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        <units>NC</units>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ADNOC MURBAN RSC LTD</name>
        <lei>213800OWGH7RAYG61M70</lei>
        <title>ADNOC MURBAN RSC LTD 4.500000% 09/11/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2898198432"/>
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        <balance>1239000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1192670.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SCB SECURITIES</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: UZS/USD SETTLE 2025-06-12</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUZS__00008347"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="UZS" exchangeRt="12937.16000000"/>
        <valUSD>16901.37000000</valUSD>
        <pctVal>0.001874116881</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>SCB SECURITIES</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurSold>786984.49000000</amtCurSold>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: CNY/USD SETTLE 2025-06-18</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTCNY__00007817"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CNY" exchangeRt="7.25170000"/>
        <valUSD>4802.74000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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        </derivativeInfo>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: USD/MXN SETTLE 2025-04-21</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00009481"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4002.98000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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            <amtCurPur>311096.58000000</amtCurPur>
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      <invstOrSec>
        <name>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
        <title>FX Forward Contract: TRY/USD SETTLE 2025-07-08</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTTRY__00002264"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="TRY" exchangeRt="37.96025000"/>
        <valUSD>-76276.35000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>J.P. MORGAN SECURITIES</counterpartyName>
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      <invstOrSec>
        <name>BRK:BNS</name>
        <lei>N/A</lei>
        <title>BRK:BNS PAY:  5.05% FIXED</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="IRS9860J0"/>
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        <balance>17000000.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="PLN" exchangeRt="3.87800000"/>
        <valUSD>-73959.77000000</valUSD>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>BRK:BNS</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>BARCLAY BANK PLC</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: CLP/USD SETTLE 2025-04-03</title>
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        <identifiers>
          <other otherDesc="FX Forwards" value="CCTCLP__00007940"/>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>CL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <amtCurPur>3019900000.00000000</amtCurPur>
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      <invstOrSec>
        <name>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIAN GOVERNMENT INTERNATIONAL BOND 144A 6.250000% 09/10/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2999564235"/>
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        <balance>600000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92575000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-09-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Estados Unidos Mexicanos</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEX BONOS DESARR FIX RT 8.500000% 03/01/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX0MGO0001F1"/>
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        <balance>80000000.00000000</balance>
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        <currencyConditional curCd="MXN" exchangeRt="20.45825000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>REPUBLIC OF GHANA 5.000000% 07/03/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <name>Magyarorszag</name>
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        <name>Standard Chartered Bank</name>
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        <name>Republica de Panama</name>
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        <name>Ceska republika</name>
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        <name>Magyarorszag</name>
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        <name>Republic of Ukraine</name>
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        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>TURKIYE CUMHURIYETI ZIRAAT BANKASI ANONIM SIRKETI</name>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>Kerajaan Malaysia</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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          <other otherDesc="FX Forwards" value="CCTHUF__00007852"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Braskem Netherlands Finance B.V.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republique de Cote d'Ivoire</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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          <other otherDesc="FX Forwards" value="CCTJPY__00007785"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Republica de Colombia</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>J.P. MORGAN SECURITIES</name>
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        <name>The Commonwealth of The Bahamas</name>
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        <name>Republic of Kenya</name>
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        <name>Pemerintah Republik Indonesia</name>
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        <name>Federal Democratic Republic of Ethiopia</name>
        <lei>N/A</lei>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA 6.250000% 07/09/2036</title>
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        <name>Rzeczpospolita Polska</name>
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        <name>VEB FINANCE PUBLIC LIMITED COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
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        <name>People's Republic of China</name>
        <lei>300300CHN201808MOF68</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Petroleos de Venezuela, S.A.</name>
        <lei>549300YWR8TN1OFD4P06</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Republica Federativa do Brasil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazil Notas do Tesouro Nacional Serie B 6.000000% 08/15/2050</title>
        <cusip>N/A</cusip>
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          <isin value="BRSTNCNTB3D4"/>
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        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republique de Cote d'Ivoire</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>IVORY COAST 8.250000% 01/30/2037</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2752065479"/>
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        <balance>538000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Yinson Boronia Production B.V.</name>
        <lei>5493007X12FTT746N678</lei>
        <title>YINSON BORONIA PRODUCTION BV 8.947000% 07/31/2042</title>
        <cusip>N9733XAA5</cusip>
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          <isin value="USN9733XAA56"/>
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        <balance>842503.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>Republica de El Salvador</name>
        <lei>529900AKDMUSFSDOM949</lei>
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        <cusip>P01012CA2</cusip>
        <identifiers>
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        <balance>1700000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SV</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12460000</annualizedRt>
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      <invstOrSec>
        <name>People's Republic of China</name>
        <lei>300300CHN201808MOF68</lei>
        <title>CHINA GOVERNMENT INTERNATIONAL BOND 144A 4.125000% 11/20/2027</title>
        <cusip>16955EAE0</cusip>
        <identifiers>
          <isin value="US16955EAE05"/>
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        <balance>2568000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CN</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.12500000</annualizedRt>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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        <name>PETRONAS Capital Limited</name>
        <lei>549300G7YFX3540OYR85</lei>
        <title>PETRONAS CAPITAL LTD MTN 3.404000% 04/28/2061</title>
        <cusip>Y6886MAC4</cusip>
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          <isin value="USY6886MAC48"/>
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        <balance>3171000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/BRL SETTLE 2025-04-02</title>
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        <name>Corporacion Andina de Fomento</name>
        <lei>UKZ46SXGNYCZK0UOZE76</lei>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>The State of Qatar</name>
        <lei>52990074F6OJOAXK4P65</lei>
        <title>QATAR GOVERNMENT INTERNATIONAL BOND MTN 4.750000% 05/29/2034</title>
        <cusip>74738PTP3</cusip>
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          <isin value="US74738PTP35"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>QA</invCountry>

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      <invstOrSec>
        <name>Republique de Cote d'Ivoire</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>IVORY COAST GOVERNMENT INTERNATIONAL BOND 144A 8.250000% 01/30/2037</title>
        <cusip>221625AU0</cusip>
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          <isin value="US221625AU01"/>
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        <invCountry>CI</invCountry>

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        <name>Turkiye Cumhuriyeti</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>REPUBLIC OF TURKIYE 7.125000% 02/12/2032</title>
        <cusip>900123DP2</cusip>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
        <lei>7H6GLXDRUGQFU57RNE97</lei>
        <title>JPMORGAN CHASE BANK NA MTN VARIABLE RATE 09/18/2030</title>
        <cusip>U48057EU0</cusip>
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        <name>ADNOC MURBAN RSC LTD</name>
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        <name>Kerajaan Malaysia</name>
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        <name>Romania</name>
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        <name>Republic of Kenya</name>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Romania</name>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Republica del Peru</name>
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        <cusip>N/A</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
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        <name>Banco Central de la Republica Dominicana</name>
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        <name>Morgan Stanley &amp; Co International</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <name>Empresa de los Ferrocarriles del Estado</name>
        <lei>8755006LY8XNRFOGWN86</lei>
        <title>EMPRESA DE LOS FERROCARRILES DEL ESTADO 3.068000% 08/18/2050</title>
        <cusip>P3742RAW0</cusip>
        <identifiers>
          <isin value="USP3742RAW09"/>
        </identifiers>
        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150937.50000000</valUSD>
        <pctVal>0.016736780322</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.06800000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>N/A</lei>
        <title>USD P/MXN C EXPIRATION: 05/22/2025</title>
        <cusip>USMXP9840</cusip>
        <identifiers>
          <other otherDesc="Options" value="USMXP9840"/>
        </identifiers>
        <balance>-7600000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-9461.72000000</valUSD>
        <pctVal>-0.00104916756</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>N/A</issueTitle>
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                  <other otherDesc="Other" value="N/A"/>
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            </descRefInstrmnt>
            <shareNo>-7600000.00000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>7106.28000000</unrealizedAppr>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>POLARIS RENEWABLE ENERGY INC.</name>
        <lei>254900IRAKXV4MM4QF30</lei>
        <title>POLARIS RENEWABLE ENERGY INC 9.500000% 12/03/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NO0013405704"/>
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        <balance>250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>256281.85000000</valUSD>
        <pctVal>0.028417941361</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIA GOVERNMENT BOND 8.000000% 04/29/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ROXL7LT7QZ66"/>
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        <balance>20000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="RON" exchangeRt="4.60835000"/>
        <valUSD>4456161.10000000</valUSD>
        <pctVal>0.494123656572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-04-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Republic of the Philippines</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>REPUBLIC OF PHILIPPINES 1.950000% 01/06/2032</title>
        <cusip>718286CN5</cusip>
        <identifiers>
          <isin value="US718286CN52"/>
        </identifiers>
        <balance>4103000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3401226.00000000</valUSD>
        <pctVal>0.377146649377</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVERNMENT 3.733000% 06/15/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMS1300057"/>
        </identifiers>
        <balance>3381000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MYR" exchangeRt="4.43750000"/>
        <valUSD>766827.00000000</valUSD>
        <pctVal>0.085029996154</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.73300000</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>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: USD/COP SETTLE 2025-06-18</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00009064"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>17030.58000000</valUSD>
        <pctVal>0.001888444397</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
              <counterpartyLei>9J6MBOOO7BECTDTUZW19</counterpartyLei>
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            <amtCurSold>7030150000.00000000</amtCurSold>
            <curSold>COP</curSold>
            <amtCurPur>1677235.65000000</amtCurPur>
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            <settlementDt>2025-06-18</settlementDt>
            <unrealizedAppr>17030.58000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STANDARD CHARTERED BANK</name>
        <lei>N/A</lei>
        <title>USD P/ZAR C EXPIRATION: 07/28/2025</title>
        <cusip>USZAP9875</cusip>
        <identifiers>
          <other otherDesc="Options" value="USZAP9875"/>
        </identifiers>
        <balance>15300000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>393220.87000000</valUSD>
        <pctVal>0.043602493214</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>STANDARD CHARTERED BANK</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>N/A</issueTitle>
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                  <other otherDesc="Other" value="N/A"/>
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            </descRefInstrmnt>
            <shareNo>15300000.00000000</shareNo>
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            <delta>XXXX</delta>
            <unrealizedAppr>47945.77000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Republica de Chile</name>
        <lei>549300FLZTJM5YJF8D34</lei>
        <title>REPUBLIC OF CHILE 4.950000% 01/05/2036</title>
        <cusip>168863DZ8</cusip>
        <identifiers>
          <isin value="US168863DZ80"/>
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        <balance>3205437.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3106068.45000000</valUSD>
        <pctVal>0.344417956540</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95000000</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>BARCLAYS CAPITAL INC.</name>
        <lei>213800IQAOC5HG62T347</lei>
        <title>FX Forward Contract: INR/USD SETTLE 2025-05-05</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTINR__00010419"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="INR" exchangeRt="85.47250000"/>
        <valUSD>95.97000000</valUSD>
        <pctVal>0.000010641681</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BARCLAYS CAPITAL INC.</counterpartyName>
              <counterpartyLei>213800IQAOC5HG62T347</counterpartyLei>
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            <amtCurSold>325161.29000000</amtCurSold>
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            <amtCurPur>27880494.96000000</amtCurPur>
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            <unrealizedAppr>95.97000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: USD/ZAR SETTLE 2025-04-25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00009493"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>17927.07000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <amtCurSold>37798975.35000000</amtCurSold>
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            <amtCurPur>2069430.47000000</amtCurPur>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kingdom of Thailand</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND GOVERNMENT BOND 2.000000% 06/17/2042</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH062303M604"/>
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        <balance>44962000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="THB" exchangeRt="33.92500000"/>
        <valUSD>1245417.58000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Asian Infrastructure Investment Bank</name>
        <lei>25490065OSV2524LCR32</lei>
        <title>ASIAN INFRASTRUCTURE INVESTMENT BANK/THE MTN 6.650000% 06/30/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2643319192"/>
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        <balance>220200000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="INR" exchangeRt="85.47250000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.65000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: USD/INR SETTLE 2025-04-03</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00010258"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3728.78000000</valUSD>
        <pctVal>-0.00041346763</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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            <amtCurSold>102859322.21000000</amtCurSold>
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            <amtCurPur>1199385.75000000</amtCurPur>
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      <invstOrSec>
        <name>Democratic Socialist Republic of Sri Lanka</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>SRI LANKA GOVERNMENT INTERNATIONAL BOND 144A 3.100000% 01/15/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2966241528"/>
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        <balance>1.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.88000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LK</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</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>
      <invstOrSec>
        <name>Standard Chartered Bank</name>
        <lei>276345HYMX591FE8F735</lei>
        <title>BRK : STANDARD CHARTERED PAY:BZDIOVRA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="22583604"/>
        </identifiers>
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        <name>JP MORGAN CHASE BANK N.A.</name>
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      <invstOrSec>
        <name>MVM Energetika Zartkoruen Mukodo Reszvenytarsasag</name>
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        <name>Republica de Chile</name>
        <lei>549300FLZTJM5YJF8D34</lei>
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        <cusip>168863DS4</cusip>
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          <isin value="US168863DS48"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>CL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republic of the Philippines</name>
        <lei>529900RAHBALMYIJ3T08</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2334361511"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Estados Unidos Mexicanos</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX0MGO0000U2"/>
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        <balance>44370000.00000000</balance>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Abu Dhabi National Energy Company PJSC</name>
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        <title>ABU DHABI NATIONAL ENERGY CO PJSC 144A 4.750000% 03/09/2037</title>
        <cusip>00388WAP6</cusip>
        <identifiers>
          <isin value="US00388WAP68"/>
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        <curCd>USD</curCd>
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        <invCountry>AE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTTHB__00007862"/>
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        <name>BRK: JPCBNK</name>
        <lei>N/A</lei>
        <title>BRK: JPCBNK PAY: CZKPRIBR6M</title>
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        <identifiers>
          <other otherDesc="All Others" value="IRS98K6H8"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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        <name>Democratic Socialist Republic of Sri Lanka</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>REPUBLIC OF SRI LANKA 3.350000% 03/15/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2966241445"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LK</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>Republica Bolivariana de Venezuela</name>
        <lei>529900XM8PJTJK5OJI77</lei>
        <title>VENEZUELA GOVERNMENT INTERNATIONAL BOND MATURITY:05/07/2025</title>
        <cusip>P17625AA5</cusip>
        <identifiers>
          <isin value="USP17625AA59"/>
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        <balance>5700000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1006707.84000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>VE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Citibank, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
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        <identifiers>
          <other otherDesc="All Others" value="IRS98QLA8"/>
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        <assetCat>DIR</assetCat>
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        <invCountry>XX</invCountry>

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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: ILS/USD SETTLE 2025-07-30</title>
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          <other otherDesc="FX Forwards" value="CCTILS__00003366"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Republic of Kenya</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>REPUBLIC OF KENYA GOVERNMENT INTERNATIONAL BOND 14 9.500000% 03/05/2036</title>
        <cusip>491798AN4</cusip>
        <identifiers>
          <isin value="US491798AN42"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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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>Republica Argentina</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>REPUBLIC OF ARGENTINA 5.000000% 01/09/2038</title>
        <cusip>040114HU7</cusip>
        <identifiers>
          <isin value="US040114HU71"/>
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        <balance>1610000.00000000</balance>
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        <name>Republica del Peru</name>
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        <name>Estados Unidos Mexicanos</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <name>Republica Oriental del Uruguay</name>
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        <name>MORGAN STANLEY &amp; CO, INC</name>
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        <name>ICBC FINANCIAL SERVICES</name>
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        <lei>529900RAHBALMYIJ3T08</lei>
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        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>HSBC Bank PLC</name>
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        <name>Morgan Stanley &amp; Co International</name>
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        <name>Republica Bolivariana de Venezuela</name>
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        <name>HSBC Bank PLC</name>
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        <name>Kerajaan Malaysia</name>
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        <name>Magyarorszag</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>PORT OF SPAIN WATERFRONT DEVELOPMENT LIMITED</name>
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        <name>Republica de Colombia</name>
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        <name>Republique Gabonaise</name>
        <lei>213800XA7X746GRPXA35</lei>
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        <name>UBS SECURITIES</name>
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        <name>United States of America</name>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>J.P. MORGAN SECURITIES</name>
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          <other otherDesc="FX Forwards" value="CCTHUF__00022768"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
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        <cusip>836205AU8</cusip>
        <identifiers>
          <isin value="US836205AU87"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republica de Panama</name>
        <lei>549300SHS4T08CL0LP14</lei>
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        <cusip>698299BH6</cusip>
        <identifiers>
          <isin value="US698299BH68"/>
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        <balance>450000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-04-16</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Petroleos Mexicanos</name>
        <lei>549300CAZKPF4HKMPX17</lei>
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        <cusip>71654QDD1</cusip>
        <identifiers>
          <isin value="US71654QDD16"/>
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        <balance>1670000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>Ma'aden Sukuk Limited</name>
        <lei>254900QDNU6I6VA8UL14</lei>
        <title>MA'ADEN SUKUK LTD 144A 5.250000% 02/13/2030</title>
        <cusip>55407NAA0</cusip>
        <identifiers>
          <isin value="US55407NAA00"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>SA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>REPUBLIC OF ARGENTINA VARIABLE RATE 12/15/2035</title>
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        <identifiers>
          <isin value="XS0209139244"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.92575000"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-12-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Republic of Zambia</name>
        <lei>213800DMLAZ6LGMMD849</lei>
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        <cusip>V7179UMK2</cusip>
        <identifiers>
          <isin value="XS2837240428"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.50000000</annualizedRt>
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        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMO2000028"/>
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        <balance>9526000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Republica Federativa do Brasil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>FED REPUBLIC OF BRAZIL 4.750000% 01/14/2050</title>
        <cusip>105756CB4</cusip>
        <identifiers>
          <isin value="US105756CB40"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>355398.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>Chile Electricity Lux MPC II S.a r.l.</name>
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        <cusip>16882LAA0</cusip>
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          <isin value="US16882LAA08"/>
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        <invCountry>CL</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA 6.000000% 04/28/2028</title>
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          <isin value="COL17CT02914"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: TRY/USD SETTLE 2025-06-18</title>
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          <other otherDesc="FX Forwards" value="CCTTRY__00007066"/>
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        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
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          <isin value="IDG000020702"/>
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        <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>J.P. MORGAN SECURITIES</name>
        <lei>984500653R409CC5AB28</lei>
        <title>FX Forward Contract: KZT/USD SETTLE 2025-04-17</title>
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          <other otherDesc="FX Forwards" value="CCTKZT__00003139"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>J.P. MORGAN SECURITIES</counterpartyName>
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      <invstOrSec>
        <name>J P MORGAN CHASE BANK</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="FX Forwards" value="CCTZAR__00022804"/>
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        <assetCat>DFE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>J P MORGAN CHASE BANK</counterpartyName>
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            <amtCurPur>4747500.00000000</amtCurPur>
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      <invstOrSec>
        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>REPUBLIC OF INDONESIA 5.650000% 01/11/2053</title>
        <cusip>455780DS2</cusip>
        <identifiers>
          <isin value="US455780DS23"/>
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        <balance>2863000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2808085.74000000</valUSD>
        <pctVal>0.311375994422</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-01-11</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.65000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>Cemex, S.A.B. de C.V.</name>
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        <cusip>P2253TJT7</cusip>
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          <isin value="USP2253TJT71"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>253810.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2173-06-14</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rzeczpospolita Polska</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND GOVERNMENT BOND 1.750000% 04/25/2032</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PL0000113783"/>
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        <balance>833000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="PLN" exchangeRt="3.87800000"/>
        <valUSD>168238.94000000</valUSD>
        <pctVal>0.018655259167</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>REPUBLIC OF SOUTH AFRICA 8.750000% 01/31/2044</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAG000106972"/>
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        <balance>86837827.00000000</balance>
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        <currencyConditional curCd="ZAR" exchangeRt="18.39190000"/>
        <valUSD>3693082.91000000</valUSD>
        <pctVal>0.409509349093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COTE D IVOIRE (REPUBLIC OF)</name>
        <lei>N/A</lei>
        <title>COTE D IVOIRE (REPUBLIC OF) 7/10/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX257402"/>
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        <balance>1620000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92575000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-10</maturityDt>
          <couponKind>Floating</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 of Mongolia</name>
        <lei>254900PW61ADCBDCLP71</lei>
        <title>MONGOLIA GOVERNMENT INTERNATIONAL BOND 144A 6.625000% 02/25/2030</title>
        <cusip>60937LAJ4</cusip>
        <identifiers>
          <isin value="US60937LAJ44"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>196027.77000000</valUSD>
        <pctVal>0.021736637506</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MN</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Kingdom of Thailand</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>THAILAND GOVERNMENT BOND 2.750000% 06/17/2052</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0623X32600"/>
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        <balance>1861000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="THB" exchangeRt="33.92500000"/>
        <valUSD>56172.85000000</valUSD>
        <pctVal>0.006228754620</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>THE ISRAEL ELECTRIC CORP. LTD.</name>
        <lei>254900JW7GE35YNJGJ55</lei>
        <title>ISRAEL ELECTRIC CORP LTD 8.100000% 12/15/2096</title>
        <cusip>M60170AC7</cusip>
        <identifiers>
          <isin value="USM60170AC79"/>
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        <balance>1400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1780571.80000000</valUSD>
        <pctVal>0.197439596294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2096-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.10000000</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>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 7.000000% 02/15/2033</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000020801"/>
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        <balance>33871000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="16560.00000000"/>
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        <pctVal>0.226232687700</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 6.750000% 07/15/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000024506"/>
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        <balance>105000000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="16560.00000000"/>
        <valUSD>6212635.69000000</valUSD>
        <pctVal>0.688891221660</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Transjamaican Highway Limited</name>
        <lei>254900AWJ3QIGYQ04W45</lei>
        <title>TRANSJAMAICAN HIGHWAY LTD 5.750000% 10/10/2036</title>
        <cusip>P92649AA3</cusip>
        <identifiers>
          <isin value="USP92649AA39"/>
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        <balance>425644.70610000</balance>
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        <curCd>USD</curCd>
        <valUSD>392657.24000000</valUSD>
        <pctVal>0.043539994819</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>JM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Magyarorszag</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>HUNGARY 6.125000% 05/22/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2574267188"/>
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        <balance>2802000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2876507.98000000</valUSD>
        <pctVal>0.318963028791</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-05-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</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>Republica de Mocambique</name>
        <lei>213800759WLKYIKPER73</lei>
        <title>REPUBLIC OF MOZAMBIQUE 9.000000% 09/15/2031</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2051203862"/>
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        <balance>1073000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>879604.63000000</valUSD>
        <pctVal>0.097535400170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MZ</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>N/A</lei>
        <title>USD P/MXN C EXPIRATION: 07/23/2025</title>
        <cusip>USMXP9837</cusip>
        <identifiers>
          <other otherDesc="Options" value="USMXP9837"/>
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        <balance>7600000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>31253.24000000</valUSD>
        <pctVal>0.003465531178</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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              <otherRefInst>
                <issuerName>N/A</issuerName>
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            <unrealizedAppr>-13054.76000000</unrealizedAppr>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Republica del Peru</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>REPUBLIC OF PERU 3.600000% 01/15/2072</title>
        <cusip>715638DW9</cusip>
        <identifiers>
          <isin value="US715638DW93"/>
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        <balance>1200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>INTER AMERICAN DEVELOPMENT BANK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
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        <name>The Hashemite Kingdom of Jordan</name>
        <lei>5493000JZ4MYPVMBVN50</lei>
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        <name>J.P. MORGAN SECURITIES</name>
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        <name>Citibank, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
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        <name>JP MORGAN CHASE BANK N.A.</name>
        <lei>984500653R409CC5AB28</lei>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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        <name>Estados Unidos Mexicanos</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <name>Republique du Senegal</name>
        <lei>549300NP14ZLQGWIUZ97</lei>
        <title>REPUBLIC OF SENEGAL 5.375000% 06/08/2037</title>
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        <name>Islamic Republic of Pakistan</name>
        <lei>529900LOP29R5WKHOD86</lei>
        <title>PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 6.000000% 04/08/2026</title>
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        <name>ZORLU ENERJI ELEKTRIK URETIM ANONIM SIRKETI</name>
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        <name>TENGIZCHEVROIL FINANCE COMPANY INTERNATIONAL LTD.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
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      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <cusip>N/A</cusip>
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          <other otherDesc="FX Forwards" value="CCTPEN__00009603"/>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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      <invstOrSec>
        <name>Joint Stock Company Development Bank of Kazakhstan</name>
        <lei>213800LCDPGJ1BI7KX98</lei>
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        <cusip>48129VAB2</cusip>
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          <isin value="US48129VAB27"/>
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        <balance>398000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KZ</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIA GOVERNMENT BOND 4.850000% 07/25/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="RO3B41D8EX14"/>
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        <balance>7300000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="RON" exchangeRt="4.60835000"/>
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        <pctVal>0.160173641734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 6.625000% 02/15/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000023607"/>
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        <balance>5451000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="16560.00000000"/>
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        <pctVal>0.035597711026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Republique du Cameroun</name>
        <lei>54930021BO6NHYGBBV24</lei>
        <title>REPUBLIC OF CAMEROON 9.500000% 07/31/2031</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2869469333"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>187435.00000000</valUSD>
        <pctVal>0.020783823899</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.50000000</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>Turkiye Cumhuriyeti</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>REPUBLIC OF TURKIYE 7.125000% 07/17/2032</title>
        <cusip>900123DL1</cusip>
        <identifiers>
          <isin value="US900123DL13"/>
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        <balance>1412000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1385736.80000000</valUSD>
        <pctVal>0.153658119465</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.12500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Standard Chartered Bank</name>
        <lei>276345HYMX591FE8F735</lei>
        <title>BRK : STANDARD CHARTERED PAY:MIBOR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="IRS98BYR4"/>
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        <balance>60000000.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="INR" exchangeRt="85.47250000"/>
        <valUSD>3648.19000000</valUSD>
        <pctVal>0.000404531376</pctVal>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Standard Chartered Bank</counterpartyName>
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      <invstOrSec>
        <name>Rzeczpospolita Polska</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>REPUBLIC OF POLAND 5.375000% 02/12/2035</title>
        <cusip>857524AH5</cusip>
        <identifiers>
          <isin value="US857524AH50"/>
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        <balance>1364000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: USD/ZAR SETTLE 2025-04-25</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00009494"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>20585.39000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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      <invstOrSec>
        <name>BRK:BNS</name>
        <lei>N/A</lei>
        <title>BRK:BNS PAY:WIBR6M</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="IRS985YQ9"/>
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        <balance>28000000.00000000</balance>
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        <assetCat>DIR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <notionalAmt>-28000000.00000000</notionalAmt>
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      <invstOrSec>
        <name>Republica del Peru</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>BONOS DE TESORERIA 5.400000% 08/12/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PEP01000C5G4"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Republic of Ukraine</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE GOVERNMENT 1.750000% 02/01/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2895056369"/>
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        <balance>1374413.00000000</balance>
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        <curCd>USD</curCd>
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        <pctVal>0.079249286598</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Democratic Socialist Republic of Sri Lanka</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>REPUBLIC OF SRI LANKA 3.100000% 01/15/2030</title>
        <cusip>Y1237TAA0</cusip>
        <identifiers>
          <isin value="XS2966241361"/>
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        <balance>518364.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 6.750000% 07/15/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000024506"/>
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        <balance>33257000000.00000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="16560.00000000"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Kingdom of Saudi Arabia</name>
        <lei>635400FMICXSM3SI3H65</lei>
        <title>SAUDI GOVERNMENT INTERNATIONAL BOND MTN 5.000000% 01/18/2053</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2577136109"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1286401.50000000</valUSD>
        <pctVal>0.142643274948</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-01-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</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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        <name>J P MORGAN CHASE BANK</name>
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        <name>Banque Centrale de Tunisie</name>
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        <title>TUNISIAN REPUBLIC 6.375000% 07/15/2026</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
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        <name>BRK- TDSEC</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="IRS98UHY5"/>
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        <name>EnfraGen Energia Sur, S.A.U.</name>
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        <title>ENFRAGEN ENERGIA SUR SA / ENFRAGEN SPAIN SA / PRIM 5.375000% 12/30/2030</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Kerajaan Malaysia</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>Republic of North Macedonia</name>
        <lei>635400RD1N6RVNCE4958</lei>
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        <cusip>N/A</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Citibank, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
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        <name>J.P. MORGAN SECURITIES</name>
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      <invstOrSec>
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        <name>Republic of Uzbekistan</name>
        <lei>213800L6VDKUM3TCM927</lei>
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        <name>Deutsche Bank AG</name>
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        <name>Republica de Honduras</name>
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        <name>DEUTSCHE BANK SECURITIES, INC.</name>
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        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
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        <name>Republica de Colombia</name>
        <lei>549300MHDRBVRF6B9117</lei>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>Provincia de Buenos Aires</name>
        <lei>549300L6AYROPOTQ4L07</lei>
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          <isin value="XS2385150334"/>
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        <name>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Republica del Peru</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>BONOS DE TESORERIA 6.150000% 08/12/2032</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PEP01000C5E9"/>
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        <balance>4000000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
        <lei>5493006KMX1VFTPYPW14</lei>
        <title>FX Forward Contract: USD/ZAR SETTLE 2025-06-27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00023479"/>
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        <units>NC</units>
        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>BROWN BROTHERS HARRIMAN &amp; CO.</counterpartyName>
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      <invstOrSec>
        <name>Republic of Rwanda</name>
        <lei>213800DQC28OBRZDYJ87</lei>
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        <cusip>BQ8372469</cusip>
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          <isin value="XS2373051320"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RW</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS1558078496"/>
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        <balance>1090000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>826512.12000000</valUSD>
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        <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>8.50000000</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>Rzeczpospolita Polska</name>
        <lei>259400R9L8QEP0TPXS31</lei>
        <title>POLAND GOVERNMENT BOND 1.250000% 10/25/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="PL0000112736"/>
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        <balance>742000.00000000</balance>
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        <currencyConditional curCd="PLN" exchangeRt="3.87800000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of Kenya</name>
        <lei>549300VVURQQYU45PR87</lei>
        <title>REPUBLIC OF KENYA GOVERNMENT INTERNATIONAL BOND 14 9.750000% 02/16/2031</title>
        <cusip>491798AM6</cusip>
        <identifiers>
          <isin value="US491798AM68"/>
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        <balance>1102000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1078582.50000000</valUSD>
        <pctVal>0.119599160994</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>KE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-02-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: USD/INR SETTLE 2025-04-04</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTUSD__00008074"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5559.75000000</valUSD>
        <pctVal>-0.00061649566</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>MORGAN STANLEY &amp; CO, INC</counterpartyName>
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            <amtCurSold>23400000.00000000</amtCurSold>
            <curSold>INR</curSold>
            <amtCurPur>268119.86000000</amtCurPur>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
        <lei>5493006KMX1VFTPYPW14</lei>
        <title>FX Forward Contract: EUR/USD SETTLE 2025-04-14</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTEUR__00023476"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>BROWN BROTHERS HARRIMAN &amp; CO.</counterpartyName>
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      <invstOrSec>
        <name>Emirate of Sharjah</name>
        <lei>254900ZNL8O3F1CLJO24</lei>
        <title>FINANCE DEPARTMENT GOVERNMENT OF SHARJAH MTN 4.000000% 07/28/2050</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2207514063"/>
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        <curCd>USD</curCd>
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        <pctVal>0.165423425966</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AE</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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      <invstOrSec>
        <name>MORGAN STANLEY &amp; CO, INC</name>
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          <other otherDesc="FX Forwards" value="CCTUSD__00009318"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>HSBC Bank PLC</name>
        <lei>MP6I5ZYZBEU3UXPYFY54</lei>
        <title>BRK:HSBC PAY: BZDIOVRA</title>
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        <identifiers>
          <other otherDesc="All Others" value="22427892"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
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          <isin value="XS1558078496"/>
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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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      <invstOrSec>
        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>REPUBLIC OF INDONESIA 3.550000% 03/31/2032</title>
        <cusip>455780DJ2</cusip>
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          <isin value="US455780DJ24"/>
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        <balance>2049000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1864234.07000000</valUSD>
        <pctVal>0.206716529026</pctVal>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.55000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: PEN/USD SETTLE 2025-06-18</title>
        <cusip>N/A</cusip>
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          <other otherDesc="FX Forwards" value="CCTPEN__00009733"/>
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        <balance>1.00000000</balance>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>Republica de Panama</name>
        <lei>549300SHS4T08CL0LP14</lei>
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        <cusip>698299AT1</cusip>
        <identifiers>
          <isin value="US698299AT16"/>
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        <balance>478000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>509595.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Pemerintah Republik Indonesia</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 8.750000% 05/15/2031</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IDG000011701"/>
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        <balance>13902000000.00000000</balance>
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        <currencyConditional curCd="IDR" exchangeRt="16560.00000000"/>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>Republica de Costa Rica</name>
        <lei>549300S1EK2VN6XVJP58</lei>
        <title>COSTA RICA GOVERNMENT 7.158000% 03/12/2045</title>
        <cusip>P3699PGJ0</cusip>
        <identifiers>
          <isin value="USP3699PGJ05"/>
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        <balance>2500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2565575.00000000</valUSD>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-03-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.15800000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>BRK: DEUTSCHE BANK SECURITIES, INC. PAY: BZDIOVRA</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="22577992"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <swapDeriv derivCat="SWP">
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              <counterpartyName>Deutsche Bank AG</counterpartyName>
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      <invstOrSec>
        <name>Republique de Cote d'Ivoire</name>
        <lei>254900ICW11T82O6H590</lei>
        <title>IVORY COAST GOVERNMENT INTERNATIONAL BOND 144A 8.075000% 04/01/2036</title>
        <cusip>221625AV8</cusip>
        <identifiers>
          <isin value="US221625AV83"/>
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        <balance>1459000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1398496.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CI</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.07500000</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>Republic of the Philippines</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>REPUBLIC OF PHILIPPINES 2.650000% 12/10/2045</title>
        <cusip>718286CL9</cusip>
        <identifiers>
          <isin value="US718286CL96"/>
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        <balance>1148000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>734274.54000000</valUSD>
        <pctVal>0.081420400315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-12-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CBB INTERNATIONAL SUKUK PROGRAMME COMPANY W.L.L</name>
        <lei>5493006IRJ2IWXTNIM16</lei>
        <title>CBB INTL SUKUK PRGM SPC 3.950000% 09/16/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2226917701"/>
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        <balance>2733000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2620405.87000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Royaume du Maroc</name>
        <lei>529900F3MBW9XY5K1X07</lei>
        <title>KINGDOM OF MOROCCO 4.000000% 12/15/2050</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2270577344"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>407277.00000000</valUSD>
        <pctVal>0.045161114233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Turkiye Cumhuriyeti</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKIYE GOVERNMENT BOND 31.080000% 11/08/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TRT081128T15"/>
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        <balance>10286000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="TRY" exchangeRt="37.96025000"/>
        <valUSD>247090.35000000</valUSD>
        <pctVal>0.027398737277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>31.08000000</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>Republica Argentina</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>REPUBLIC OF ARGENTINA 3.875000% 07/09/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2177364390"/>
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        <balance>2900000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92575000"/>
        <valUSD>1873291.93000000</valUSD>
        <pctVal>0.207720914371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>Democratic Socialist Republic of Sri Lanka</name>
        <lei>254900IG6Y30I2QE2R92</lei>
        <title>SRI LANKA GOVERNMENT INTERNATIONAL BOND 144A 3.600000% 06/15/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2966242336"/>
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        <balance>1915972.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1293281.10000000</valUSD>
        <pctVal>0.143406122841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>LK</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.60000000</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>Citibank, N.A.</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>BRK: CITI PAY: 3M JIBAR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="IRS98AV16"/>
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        <balance>30700000.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.39190000"/>
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        <assetCat>DIR</assetCat>
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        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>Citibank, N.A.</counterpartyName>
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      <invstOrSec>
        <name>ICBC FINANCIAL SERVICES</name>
        <lei>N/A</lei>
        <title>FX Forward Contract: EGP/USD SETTLE 2025-05-27</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTEGP__00008216"/>
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        <balance>1.00000000</balance>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>EG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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              <counterpartyName>ICBC FINANCIAL SERVICES</counterpartyName>
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            <amtCurSold>152788.39000000</amtCurSold>
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            <amtCurPur>8000000.00000000</amtCurPur>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Republic of Ghana</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHANA GOVERNMENT INTERNATIONAL BOND 144A 5.000000% 07/03/2029</title>
        <cusip>374422AM5</cusip>
        <identifiers>
          <isin value="US374422AM52"/>
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        <balance>303392.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>265255.63000000</valUSD>
        <pctVal>0.029413003453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-03</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: INR/USD SETTLE 2025-06-18</title>
        <cusip>N/A</cusip>
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          <other otherDesc="FX Forwards" value="CCTINR__00007842"/>
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        <balance>1.00000000</balance>
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        <valUSD>51145.97000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
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            <amtCurSold>2422091.83000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>212587000.00000000</amtCurPur>
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            <settlementDt>2025-06-18</settlementDt>
            <unrealizedAppr>51145.97000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Romania</name>
        <lei>315700IASY927EDWBK92</lei>
        <title>ROMANIA GOVERNMENT BOND 6.300000% 04/25/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ROJVM8ELBDU4"/>
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        <balance>11000000.00000000</balance>
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        <currencyConditional curCd="RON" exchangeRt="4.60835000"/>
        <valUSD>2305128.19000000</valUSD>
        <pctVal>0.255605294456</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>RO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DEUTSCHE BANK SECURITIES, INC.</name>
        <lei>9J6MBOOO7BECTDTUZW19</lei>
        <title>FX Forward Contract: BRL/USD SETTLE 2025-05-05</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTBRL__00009991"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="BRL" exchangeRt="5.72765000"/>
        <valUSD>-4276.23000000</valUSD>
        <pctVal>-0.00047417190</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>BR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>DEUTSCHE BANK SECURITIES, INC.</counterpartyName>
              <counterpartyLei>9J6MBOOO7BECTDTUZW19</counterpartyLei>
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            <amtCurSold>8867179.71000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>51102000.00000000</amtCurPur>
            <curPur>BRL</curPur>
            <settlementDt>2025-05-05</settlementDt>
            <unrealizedAppr>-4276.23000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Republica del Ecuador</name>
        <lei>5299003Y2U5XK0A35H71</lei>
        <title>ECUADOR GOVERNMENT INTERNATIONAL BOND 144A 5.500000% 07/31/2035</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2214238524"/>
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        <balance>728039.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>353458.41000000</valUSD>
        <pctVal>0.039193412912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EC</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</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>Republic of Ukraine</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE GOVERNMENT 0.000000% 02/01/2034</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2895056955"/>
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        <balance>233692.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>91724.11000000</valUSD>
        <pctVal>0.010170873900</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>KD3XUN7C6T14HNAYLU02</lei>
        <title>BRK : GOLDMAN SACHE PAY:BUBOR06M</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="IRS98SXR9"/>
        </identifiers>
        <balance>2100000000.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="HUF" exchangeRt="373.12540000"/>
        <valUSD>-33118.68000000</valUSD>
        <pctVal>-0.00367238142</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>HU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>KD3XUN7C6T14HNAYLU02</counterpartyLei>
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            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="0.00000000" curCd="USD" fixedOrFloating="Fixed" fixedRt="6.40000000"/>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="N/A" floatingRtSpread="0.00000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="0" resetDt="Day" resetDtUnit="0"/>
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            <terminationDt>2028-06-18</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>HUF</pmntCurCd>
            <upfrontRcpt>-15347.98000000</upfrontRcpt>
            <rcptCurCd>HUF</rcptCurCd>
            <notionalAmt>-2100000000.00000000</notionalAmt>
            <curCd>HUF</curCd>
            <unrealizedAppr>-17770.70000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS CAPITAL INC.</name>
        <lei>213800IQAOC5HG62T347</lei>
        <title>FX Forward Contract: THB/USD SETTLE 2025-05-13</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="FX Forwards" value="CCTTHB__00007611"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="THB" exchangeRt="33.92500000"/>
        <valUSD>-25973.85000000</valUSD>
        <pctVal>-0.00288012337</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>TH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BARCLAYS CAPITAL INC.</counterpartyName>
              <counterpartyLei>213800IQAOC5HG62T347</counterpartyLei>
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            <amtCurSold>4448047.12000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>149530000.00000000</amtCurPur>
            <curPur>THB</curPur>
            <settlementDt>2025-05-13</settlementDt>
            <unrealizedAppr>-25973.85000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Estados Unidos Mexicanos</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>MEX BONOS DESARR FIX RT 8.500000% 02/28/2030</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MX0MGO0001I5"/>
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        <balance>130000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MXN" exchangeRt="20.45825000"/>
        <valUSD>6238277.96000000</valUSD>
        <pctVal>0.691734577619</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Republic of South Africa</name>
        <lei>378900AAFB4F17004C49</lei>
        <title>REPUBLIC OF SOUTH AFRICA 9.000000% 01/31/2040</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAG000125980"/>
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        <balance>62000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.39190000"/>
        <valUSD>2784351.81000000</valUSD>
        <pctVal>0.308744245701</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magyarorszag</name>
        <lei>5299003F3UFKGCCMAP43</lei>
        <title>HUNGARY GOVERNMENT BOND 3.000000% 04/25/2041</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="HU0000404165"/>
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        <balance>543310000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="HUF" exchangeRt="373.12540000"/>
        <valUSD>868631.08000000</valUSD>
        <pctVal>0.096318592580</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>HU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gobierno de la Republica Dominicana</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>DOMINICAN REPUBLIC 6.000000% 02/22/2033</title>
        <cusip>P3579ECN5</cusip>
        <identifiers>
          <isin value="USP3579ECN50"/>
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        <balance>457000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>443472.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-02-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>Republica Argentina</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>REPUBLIC OF ARGENTINA 4.250000% 01/09/2038</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2177365017"/>
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        <balance>340000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92575000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-01-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Republic of Ukraine</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>UKRAINE GOVERNMENT INTERNATIONAL BOND 144A 0.000000% 02/01/2036</title>
        <cusip>903724CG5</cusip>
        <identifiers>
          <isin value="US903724CG59"/>
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        <balance>23758.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>13007.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Kerajaan Malaysia</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>MALAYSIA GOVERNMENT 3.885000% 08/15/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MYBMO1900020"/>
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        <balance>1972000.00000000</balance>
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        <currencyConditional curCd="MYR" exchangeRt="4.43750000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.88500000</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>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-03-31</ncom:dateSigned>
      <ncom:nameOfApplicant>SEI INSTITUTIONAL INTERNATIONAL TRUST</ncom:nameOfApplicant>
      <ncom:signature>Glenn Kurdziel</ncom:signature>
      <ncom:signerName>Glenn Kurdziel</ncom:signerName>
      <ncom:title>Controller and Chief Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
