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        <name>LETRA TESOURO NACIONAL 07/01/2020 STRIP COUPON</name>
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        <name>TITULOS DE TESORERIA B 11.00% 07/24/2020</name>
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        <fairValLevel>N/A</fairValLevel>
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        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <fairValLevel>N/A</fairValLevel>
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        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>MEXICAN FIXED RATE BONDS 8.00% 12/07/2023</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-12-07</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>N/A</name>
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        <title>CITIBANK NA STRIKE 105.70 EXPIRES 02/24/21 USD Put/JPY Call *OTC*</title>
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        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>United States Treasury Note/Bond 2.125% 05/31/2026</name>
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        <name>N/A</name>
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        <fairValLevel>N/A</fairValLevel>
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        <name>N/A</name>
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        <fairValLevel>N/A</fairValLevel>
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              <counterpartyName>CITIBANK NA</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <fairValLevel>N/A</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <name>N/A</name>
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        <name>ARGENTINA POM POLITICA MONETARIA FRN 06/21/2020</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>GHANA GOVT 17.60% 11/28/2022</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>NORWEGIAN GOVERNMENT 1.75% 03/13/2025 144A REG S</name>
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        <name>N/A</name>
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        <title>MORGAN STANLEY CAPITAL SERVICES LLC STRIKE 22.4595 EXPIRES 09/10/20 USD CALL/MXN PUT</title>
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        <name>N/A</name>
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        <name>INDONESIA GOVERNMENT 10.25% 07/15/2022</name>
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        <name>N/A</name>
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        <name>Japan Treasury Discount Bill 04/06/2020 TBLM</name>
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        <name>TITULOS DE TESORERIA B 7.50% 08/26/2026</name>
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      <invstOrSec>
        <name>N/A</name>
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        <fairValLevel>N/A</fairValLevel>
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              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>Japan Treasury Discount Bill 09/23/2020 TBLM</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
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        <title>HSBC BANK PLC STRIKE 0.775 EXPIRES 05/05/21 AUD Call/USD Put</title>
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            <putOrCall>Call</putOrCall>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>INDIA GOVERNMENT BOND 6.84% 12/19/2022</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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        <title>CITIBANK NA STRIKE 112 EXPIRES 02/24/21 USD Call/JPY Put *OTC*</title>
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        <name>ARGENTINA TREASURY BILL 07/29/2020 *DO NOT USE*</name>
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      </invstOrSec>
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        <name>N/A</name>
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        <name>INDONESIA GOVERNMENT 10.00% 09/15/2024</name>
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        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CITIBANK NA STRIKE 106.75 EXPIRES 09/22/20 USD Put/JPY Call *OTC*</title>
        <cusip>000000000</cusip>
        <identifiers>
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        <balance>76420000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                <issuerName>CITIBANK NA STRIKE 106.75 EXPIRES 09/22/20 USD Put/JPY Call *OTC*</issuerName>
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        <name>United States Treasury Note/Bond 2.625% 12/31/2025</name>
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        <name>INDIA GOVERNMENT BOND 8.79% 11/08/2021</name>
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        <name>INDIA GOVERNMENT BOND 8.83% 11/25/2023</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>NOTA DO TESOURO NACIONAL NTNF 01/01/2021 STATED RATE 10%</name>
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        <name>N/A</name>
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        <name>GHANA GOVT 24.50% 06/21/2021</name>
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        <name>N/A</name>
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        <name>GHANA GOVT 19.75% 03/25/2024</name>
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        <name>N/A</name>
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        <name>NORWEGIAN GOVERNMENT 1.50% 02/19/2026 REG S</name>
        <lei>549300O6E2WAK3IAXE34</lei>
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        <name>N/A</name>
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        <name>IFT MONEY MARKET PORTFOLIO OEMF-SWEEP MONEY MARKET PORTFOLIO</name>
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        <name>REPUBLIC OF COLOMBIA 9.85% 06/28/2027</name>
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        <name>NORWEGIAN GOVERNMENT 2.00% 05/24/2023 144A REG S</name>
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      <invstOrSec>
        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>Japan Treasury Discount Bill 04/10/2020 TBLM</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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                <issuerName>CITIBANK NA STRIKE 74 EXPIRES 11/12/20 AUD Put/JPY Call</issuerName>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>INDIA GOVERNMENT BOND 8.27% 06/09/2020</name>
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      <invstOrSec>
        <name>N/A</name>
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        <name>N/A</name>
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        <name>INDIA GOVERNMENT BOND 8.35% 05/14/2022</name>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
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        <fairValLevel>N/A</fairValLevel>
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        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>Argentina Treasury Bill 05/13/2020 TBLM</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>Japan Treasury Discount Bill 09/10/2020 TBLM</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>Japan Treasury Discount Bill 05/20/2020 TBLM</name>
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        <name>Brazil Letras Do Tesouro Nacional ZERO 10/01/2020</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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              <counterpartyName>HSBC BANK PLC</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>Republic of Ghana Government Bonds 16.25% 05/17/2021</name>
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          <isin value="GHGGOG049875"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Norway Treasury Bill 06/17/2020 TBLM 144A REG S</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARGENTINE BONOS DEL TESORO 15.50% 10/17/2026</name>
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          <other otherDesc="Internal Identifier" value="648398"/>
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          <maturityDt>2026-10-17</maturityDt>
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      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="Internal Sec ID" value="983680"/>
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      <invstOrSec>
        <name>United States Treasury Note/Bond 1.75% 12/31/2024</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond 1.75% 12/31/2024</title>
        <cusip>912828YY0</cusip>
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          <other otherDesc="Internal Identifier" value="1035382"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-12-31</maturityDt>
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      <invstOrSec>
        <name>N/A</name>
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        <cusip>000000000</cusip>
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          <other otherDesc="Internal Sec ID" value="1018818"/>
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              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
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                <issuerName>JPMORGAN CHASE &amp; CO STRIKE 22.3 EXPIRES 07/27/20 USD Call/MXN Put</issuerName>
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            <unrealizedAppr>-1079653.23000000</unrealizedAppr>
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      <invstOrSec>
        <name>UNITED STATES TREASURY NOTE/BOND 1.125% 09/30/2021</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <cusip>912828T34</cusip>
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          <other otherDesc="Internal Identifier" value="647000"/>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2021-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD_BRL_20200417</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Sec ID" value="4948223421089"/>
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        <balance>1.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
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              <counterpartyName>JPMORGAN CHASE BANK NA</counterpartyName>
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      <invstOrSec>
        <name>MEXICAN UDIBONOS 2.50% 12/10/2020 INDEX LINKED TO MXUDI</name>
        <lei>254900EGTWEU67VP6075</lei>
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        <cusip>P9767HDZ9</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="548193"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2020-12-10</maturityDt>
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          <annualizedRt>2.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>INDIA GOVERNMENT BOND 7.16% 05/20/2023</name>
        <lei>N/A</lei>
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        <cusip>Y39157FR1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="584513"/>
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        <balance>133700000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>IN</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.16000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CITIBANK NA STRIKE 69.54 EXPIRES 05/06/20 AUD Put/JPY Call</title>
        <cusip>000000000</cusip>
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          <other otherDesc="Internal Sec ID" value="980478"/>
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        <balance>9470000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>CITIBANK NA</counterpartyName>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>EUR_USD_20200415</title>
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              <counterpartyName>GOLDMAN SACHS BANK USA HOLDINGS LLC</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>Korea Treasury Bond 1.875% 03/10/2024</name>
        <lei>549300O0QCVSQGPGDT58</lei>
        <title>Korea Treasury Bond 1.875% 03/10/2024</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="KR103501G935"/>
          <other otherDesc="Internal Identifier" value="967874"/>
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        <balance>33811000000.00000000</balance>
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        <pctVal>1.121634587343</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>KR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-03-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CITIBANK NA STRIKE 65.55 EXPIRES 05/07/20 AUD Put/JPY Call</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="980879"/>
        </identifiers>
        <balance>5919000.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.62127110"/>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>CITIBANK NA</counterpartyName>
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            <putOrCall>Put</putOrCall>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>Letras del Tesoro en Pesos Badlar 05/28/2020 AGIF BADLARPP  + 1.75</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
        <name>REPUBLIC OF COLOMBIA 4.375% 03/21/2023</name>
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        <cusip>195325BP9</cusip>
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        <name>INDONESIA GOVERNMENT 11.00% 09/15/2025</name>
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      <invstOrSec>
        <name>N/A</name>
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        <name>N/A</name>
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        <name>N/A</name>
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        <lei>529900FWX0GRR7WG5W79</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CITIBANK NA STRIKE 19.7395 EXPIRES 09/03/20 USD Put/MXN Call</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="1006804"/>
        </identifiers>
        <balance>-47671000.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-130666.21000000</valUSD>
        <pctVal>-0.00516822216</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CITIBANK NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CITIBANK NA STRIKE 19.7395 EXPIRES 09/03/20 USD Put/MXN Call</issuerName>
                <issueTitle>CITIBANK NA STRIKE 19.7395 EXPIRES 09/03/20 USD Put/MXN Call</issueTitle>
                <identifiers>
                  <other otherDesc="Internal Sec ID" value="1006804"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>19.73950000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2020-09-03</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>832907.71000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Japan Treasury Discount Bill 07/10/2020 TBLM</name>
        <lei>353800WZS8AXZXFUC241</lei>
        <title>Japan Treasury Discount Bill 07/10/2020 TBLM</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP1748801L14"/>
          <other otherDesc="Internal Identifier" value="1040241"/>
        </identifiers>
        <balance>1886600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="JPY" exchangeRt="107.76500000"/>
        <valUSD>17552826.79000000</valUSD>
        <pctVal>0.694264480694</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>JP</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD_INR_20200827</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="4913023273146"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>768659.16000000</valUSD>
        <pctVal>0.030402667270</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="cash or currency" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>STANDARD CHARTERED BANK</counterpartyName>
              <counterpartyLei>RILFO74KP1CM8P6PCT96</counterpartyLei>
            </counterparties>
            <amtCurSold>945558000.00000000</amtCurSold>
            <curSold>INR</curSold>
            <amtCurPur>12949744.92000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2020-08-27</settlementDt>
            <unrealizedAppr>768659.16000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CHF_EUR_20200810</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="4776822815622"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>600770.87000000</valUSD>
        <pctVal>0.023762205430</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="cash or currency" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>UBS AG</counterpartyName>
              <counterpartyLei>BFM8T61CT2L1QCEMIK50</counterpartyLei>
            </counterparties>
            <amtCurSold>15841578.85000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>17378212.00000000</amtCurPur>
            <curPur>CHF</curPur>
            <settlementDt>2020-08-10</settlementDt>
            <unrealizedAppr>600770.87000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDONESIA GOVERNMENT 10.00% 02/15/2028</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 10.00% 02/15/2028</title>
        <cusip>Y39814EE7</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="400024"/>
        </identifiers>
        <balance>12000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="16337.50000000"/>
        <valUSD>817.63000000</valUSD>
        <pctVal>0.000032339603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD_EUR_20200520</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="4797322855137"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>26716.94000000</valUSD>
        <pctVal>0.001056731357</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="cash or currency" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS BANK USA HOLDINGS LLC</counterpartyName>
              <counterpartyLei>KD3XUN7C6T14HNAYLU02</counterpartyLei>
            </counterparties>
            <amtCurSold>1898500.00000000</amtCurSold>
            <curSold>EUR</curSold>
            <amtCurPur>2124231.65000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2020-05-20</settlementDt>
            <unrealizedAppr>26716.94000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Argentina Treasury Bill 05/13/2020 TBLM</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>Argentina Treasury Bill 05/13/2020 TBLM</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="ARARGE5208P2"/>
          <other otherDesc="Internal Identifier" value="1051314"/>
        </identifiers>
        <balance>0.00000</balance>
        <units>PA</units>
        <currencyConditional curCd="ARS" exchangeRt="87.16240000"/>
        <valUSD>0.00000</valUSD>
        <pctVal>0.000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>AR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD_INR_20200505</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="4887823186009"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>453729.82000000</valUSD>
        <pctVal>0.017946311532</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="cash or currency" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>HSBC BANK PLC</counterpartyName>
              <counterpartyLei>MP6I5ZYZBEU3UXPYFY54</counterpartyLei>
            </counterparties>
            <amtCurSold>640177000.00000000</amtCurSold>
            <curSold>INR</curSold>
            <amtCurPur>8844056.09000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2020-05-05</settlementDt>
            <unrealizedAppr>453729.82000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INDONESIA GOVERNMENT 7.00% 05/15/2022</name>
        <lei>529900FWX0GRR7WG5W79</lei>
        <title>INDONESIA GOVERNMENT 7.00% 05/15/2022</title>
        <cusip>Y39814HE4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="548763"/>
        </identifiers>
        <balance>244849000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="16337.50000000"/>
        <valUSD>15278675.54000000</valUSD>
        <pctVal>0.604315297267</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GHANA GOVT 18.25% 09/21/2020</name>
        <lei>213800PP4399SNNXZ126</lei>
        <title>GHANA GOVT 18.25% 09/21/2020</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="GHGGOG046624"/>
          <other otherDesc="Internal Identifier" value="675303"/>
        </identifiers>
        <balance>480000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="GHS" exchangeRt="5.75000000"/>
        <valUSD>84779.28000000</valUSD>
        <pctVal>0.003353262896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2020-09-21</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>18.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INTER-AMERICAN DEVELOPMENT BANK 7.50% 12/05/2024</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>INTER-AMERICAN DEVELOPMENT BANK 7.50% 12/05/2024</title>
        <cusip>U45818VJ4</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="387889"/>
        </identifiers>
        <balance>200000000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MXN" exchangeRt="24.04450000"/>
        <valUSD>8760156.62000000</valUSD>
        <pctVal>0.346489238420</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CITIBANK NA STRIKE 75.95 EXPIRES 04/22/20 AUD Call/JPY Put</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="1034967"/>
        </identifiers>
        <balance>-14227000.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.62127110"/>
        <valUSD>-795.30000000</valUSD>
        <pctVal>-0.00003145638</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>CITIBANK NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>CITIBANK NA STRIKE 75.95 EXPIRES 04/22/20 AUD Call/JPY Put</issuerName>
                <issueTitle>CITIBANK NA STRIKE 75.95 EXPIRES 04/22/20 AUD Call/JPY Put</issueTitle>
                <identifiers>
                  <other otherDesc="Internal Sec ID" value="1034967"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <shareNo>1.00000000</shareNo>
            <exercisePrice>75.95000000</exercisePrice>
            <exercisePriceCurCd>AUD</exercisePriceCurCd>
            <expDt>2020-04-22</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>124773.25000000</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TITULOS DE TESORERIA B 6.00% 04/28/2028</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>TITULOS DE TESORERIA B 6.00% 04/28/2028</title>
        <cusip>P28714AP1</cusip>
        <identifiers>
          <other otherDesc="Internal Identifier" value="627612"/>
        </identifiers>
        <balance>29113600000.00000000</balance>
        <units>PA</units>
        <currencyConditional curCd="COP" exchangeRt="4063.00000000"/>
        <valUSD>6694078.40000000</valUSD>
        <pctVal>0.264769938181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>CO</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>USD_INR_20200416</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="Internal Sec ID" value="4857323073999"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>425078.16000000</valUSD>
        <pctVal>0.016813056468</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="cash or currency" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>N/A</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>CITIBANK NA</counterpartyName>
              <counterpartyLei>E57ODZWZ7FF32TWEFA76</counterpartyLei>
            </counterparties>
            <amtCurSold>649971200.00000000</amtCurSold>
            <curSold>INR</curSold>
            <amtCurPur>8999255.11000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2020-04-16</settlementDt>
            <unrealizedAppr>425078.16000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2020-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Robert Kubilis</ncom:nameOfApplicant>
      <ncom:signature>Robert Kubilis</ncom:signature>
      <ncom:signerName>Robert Kubilis</ncom:signerName>
      <ncom:title>Chief Financial Officer, Chief Accounting Officer and Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
