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        <name>Lam Research Corp.</name>
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        <name>Archer-Daniels-Midland Co.</name>
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        <name>GNMA</name>
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        <name>Blackrock, Inc.</name>
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        <name>Royalty Pharma plc</name>
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        <name>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</name>
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        <name>Exxon Mobil Corp.</name>
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        <name>N/A</name>
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        <name>Danske Bank A/S</name>
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        <name>Alphabet, Inc.</name>
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        <name>Electricite de France SA</name>
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        <name>Experian plc</name>
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        <name>Taiwan Semiconductor Manufacturing Co. Ltd.</name>
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        <name>United Therapeutics Corp.</name>
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        <name>Idemitsu Kosan Co. Ltd.</name>
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        <name>Walmart, Inc.</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>Walmart, Inc.</title>
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        <name>Ingredion, Inc.</name>
        <lei>PKSTQ48QDN0XSVS7YK88</lei>
        <title>Ingredion, Inc.</title>
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        <name>Valero Energy Corp.</name>
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        <name>CRH plc</name>
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        <name>Comcast Corp.</name>
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        <name>Crowdstrike Holdings, Inc.</name>
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        <name>Republic of Peru</name>
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        <name>Puma SE</name>
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        <name>Landstar System, Inc.</name>
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        <name>Microchip Technology, Inc.</name>
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        <name>Amphenol Corp.</name>
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        <name>FNMA</name>
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        <name>Simon Property Group LP</name>
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        <name>Loews Corp.</name>
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        <name>AMETEK, Inc.</name>
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        <name>FHLMC Pool</name>
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        <name>N/A</name>
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        <name>Ingersoll Rand, Inc.</name>
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      <invstOrSec>
        <name>Muenchener Rueckversicherungs-Gesellschaft AG</name>
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        <name>NVIDIA Corp.</name>
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        <name>Telenor ASA</name>
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        <name>Forvia SE</name>
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        <name>Amazon.com, Inc.</name>
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        <name>Northrop Grumman Corp.</name>
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        <name>Sea Ltd.</name>
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        <name>Dell International LLC / EMC Corp.</name>
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        <name>FHLMC Pool</name>
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        <name>Aker BP ASA</name>
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        <name>Bank of America Corp.</name>
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        <name>Philip Morris International, Inc.</name>
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        <name>Xylem, Inc.</name>
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        <name>Chevron Corp.</name>
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        <name>United Mexican States</name>
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        <name>UnitedHealth Group, Inc.</name>
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        <name>United States of America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lattice Semiconductor Corp.</name>
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        <title>Lattice Semiconductor Corp.</title>
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        <name>Var Energi ASA</name>
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        <title>Var Energi ASA</title>
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        <name>N/A</name>
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        <name>GNMA</name>
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        <name>NVR, Inc.</name>
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        <name>Greenville City School District</name>
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        <name>ING Groep NV</name>
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        <name>Northrop Grumman Corp.</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>Northrop Grumman Corp.</title>
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        <name>Lockheed Martin Corp.</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
        <title>Lockheed Martin Corp.</title>
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        <name>Zoetis, Inc.</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
        <title>Zoetis, Inc., Class A</title>
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      <invstOrSec>
        <name>Canadian Natural Resources Ltd.</name>
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        <name>KLA Corp.</name>
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        <name>Curtiss-Wright Corp.</name>
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        <name>Jazz Pharmaceuticals plc</name>
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        <name>Subaru Corp.</name>
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        <name>United States of America</name>
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        <name>Dollar Tree, Inc.</name>
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        <name>Bristol-Myers Squibb Co.</name>
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        <name>Alibaba Group Holding Ltd.</name>
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        <name>Waters Corp.</name>
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        <name>Huntsman International LLC</name>
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        <name>Danaher Corp.</name>
        <lei>S4BKK9OTCEWQ3YHPFM11</lei>
        <title>Danaher Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stryker Corp.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Icon Investments Six DAC</name>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>US Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Deckers Outdoor Corp.</name>
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        <title>Deckers Outdoor Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>GNMA</name>
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      <invstOrSec>
        <name>GNMA</name>
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          <maturityDt>2054-07-20</maturityDt>
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        <name>PayPal Holdings, Inc.</name>
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        <title>PayPal Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Comcast Corp.</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>Comcast Corp.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-11-01</maturityDt>
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      <invstOrSec>
        <name>Alphabet, Inc.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet, Inc., Class C</title>
        <cusip>02079K107</cusip>
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          <isin value="US02079K1079"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Goodman Group</name>
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        <title>Goodman Group</title>
        <cusip>N/A</cusip>
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          <isin value="AU000000GMG2"/>
          <other otherDesc="Inhouse Asset ID" value="327078"/>
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        <balance>7066.00000000</balance>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Commonwealth Bank of Australia</name>
        <lei>MSFSBD3QN1GSN7Q6C537</lei>
        <title>Commonwealth Bank of Australia</title>
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          <isin value="AU000000CBA7"/>
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        <balance>4190.00000000</balance>
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        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Medpace Holdings, Inc.</name>
        <lei>549300H8TYEUVTW14A54</lei>
        <title>Medpace Holdings, Inc.</title>
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        <name>Adobe, Inc.</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
        <title>Adobe, Inc.</title>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bonds</title>
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        <balance>50000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <name>Neurocrine Biosciences, Inc.</name>
        <lei>549300FECER0XBN49756</lei>
        <title>Neurocrine Biosciences, Inc.</title>
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      <invstOrSec>
        <name>Intel Corp.</name>
        <lei>KNX4USFCNGPY45LOCE31</lei>
        <title>Intel Corp.</title>
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        <name>Demant A/S</name>
        <lei>213800RM6L9LN78BVA56</lei>
        <title>Demant A/S</title>
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          <other otherDesc="Inhouse Asset ID" value="206922"/>
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        <assetCat>EC</assetCat>
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        <invCountry>DK</invCountry>
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        <name>Boston Scientific Corp.</name>
        <lei>Y6ZDD9FP4P8JSSJMW954</lei>
        <title>Boston Scientific Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Intuit, Inc.</name>
        <lei>VI90HBPH7XSFMB9E4M29</lei>
        <title>Intuit, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Amadeus IT Group SA</name>
        <lei>9598004A3FTY3TEHHN09</lei>
        <title>Amadeus IT Group SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ES0109067019"/>
          <other otherDesc="Inhouse Asset ID" value="471972"/>
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        <balance>13000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.96539074"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cigna Group (The)</name>
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        <name>Deutsche Bank AG</name>
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        <name>Asahi Kasei Corp.</name>
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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
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        <name>Next plc</name>
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        <name>Haleon US Capital LLC</name>
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        <name>Fortescue Ltd.</name>
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        <name>Republic Services, Inc.</name>
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        <name>Brambles Ltd.</name>
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        <name>Mondi plc</name>
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        <name>Intermediate Capital Group plc</name>
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        <name>GNMA</name>
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        <name>Apple, Inc.</name>
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        <name>LG Chem Ltd.</name>
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        <name>ResMed, Inc.</name>
        <lei>529900T3QE5253CCXF22</lei>
        <title>ResMed, Inc.</title>
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        <name>GNMA</name>
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        <name>Howmet Aerospace, Inc.</name>
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        <name>Recruit Holdings Co. Ltd.</name>
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        <title>Recruit Holdings Co. Ltd.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Komatsu Ltd.</name>
        <lei>5493004LQ0B4T7QPQV17</lei>
        <title>Komatsu Ltd.</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PepsiCo, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>adidas AG</name>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sartorius AG</name>
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          <isin value="DE0007165631"/>
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        <assetCat>EP</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sika AG</name>
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        <title>Sika AG</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>United States of America</name>
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          <isin value="US91282CFV81"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fox Corp.</name>
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        <title>Fox Corp., Class A</title>
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          <isin value="US35137L1052"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
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          <isin value="US29273RBF55"/>
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        <balance>505000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>La Francaise des Jeux SACA</name>
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        <title>La Francaise des Jeux SACA</title>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Travelers Cos., Inc. (The)</name>
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        <title>Travelers Cos., Inc. (The)</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Exelon Corp.</name>
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        <title>Exelon Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-15</maturityDt>
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        <name>Canadian Natural Resources Ltd.</name>
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        <title>Canadian Natural Resources Ltd.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-03-15</maturityDt>
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        <name>Nitto Denko Corp.</name>
        <lei>3538009GX5P09USH2J25</lei>
        <title>Nitto Denko Corp.</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Wharf Real Estate Investment Co. Ltd.</name>
        <lei>529900QLPKS8U9QOPB59</lei>
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        <invCountry>KY</invCountry>

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        <name>Vodafone Group plc</name>
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        <name>Dropbox, Inc.</name>
        <lei>549300JCDF7UAR6TJR51</lei>
        <title>Dropbox, Inc., Class A</title>
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        <name>Fair Isaac Corp.</name>
        <lei>RI6HET5SJUEY30V1PS26</lei>
        <title>Fair Isaac Corp.</title>
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        <name>Georgia Power Co.</name>
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        <title>Georgia Power Co.</title>
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        <invCountry>US</invCountry>
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        <name>Motorola Solutions, Inc.</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>Motorola Solutions, Inc.</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Tower Corp.</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp.</title>
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        <name>Cheniere Energy, Inc.</name>
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        <name>Pacific Gas and Electric Co.</name>
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        <name>Albertsons Cos., Inc.</name>
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        <name>Citigroup, Inc.</name>
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        <name>Veralto Corp.</name>
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        <name>Adecco Group AG</name>
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        <name>American Express Co.</name>
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        <name>Oracle Corp.</name>
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        <name>Tapestry, Inc.</name>
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        <name>Uber Technologies, Inc.</name>
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        <name>Constellation Energy Generation LLC</name>
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        <name>Spotify Technology SA</name>
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        <name>Kroger Co. (The)</name>
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        <name>NextEra Energy Capital Holdings, Inc.</name>
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        <name>GNMA</name>
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        <name>Camden Property Trust</name>
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        <name>Edison International</name>
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        <name>Solvay Finance America LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MGIC Investment Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FHLMC Pool</name>
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      <invstOrSec>
        <name>Johnson &amp; Johnson</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kongsberg Gruppen ASA</name>
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        <invCountry>NO</invCountry>
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        <name>Tokyo Gas Co. Ltd.</name>
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          <isin value="JP3573000001"/>
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        <name>Merck &amp; Co., Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Mastercard, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Barclays plc</name>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Lloyds Banking Group plc</name>
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        <title>Lloyds Banking Group plc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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      <invstOrSec>
        <name>JPMDB Commercial Mortgage Securities Trust</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>AT&amp;T, Inc.</name>
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        <name>Amgen, Inc.</name>
        <lei>62QBXGPJ34PQ72Z12S66</lei>
        <title>Amgen, Inc.</title>
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        <name>JBS USA Holding LUX SARL / JBS USA Food Co. / JBS LUX Co. SARL</name>
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        <invCountry>LU</invCountry>

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        <name>Rexel SA</name>
        <lei>969500N6AVPA51648T62</lei>
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        <name>Motorola Solutions, Inc.</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
        <title>Motorola Solutions, Inc.</title>
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        <name>BNP Paribas SA</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
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        <name>N/A</name>
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      <invstOrSec>
        <name>Taiwan Semiconductor Manufacturing Co. Ltd.</name>
        <lei>549300KB6NK5SBD14S87</lei>
        <title>Taiwan Semiconductor Manufacturing Co. Ltd.</title>
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        <invCountry>TW</invCountry>
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        <name>Eli Lilly &amp; Co.</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
        <title>Eli Lilly &amp; Co.</title>
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        <invCountry>US</invCountry>
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        <name>FHLMC Pool</name>
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      <invstOrSec>
        <name>Industria de Diseno Textil SA</name>
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        <name>Paramount Global</name>
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        <name>Cie de Saint-Gobain SA</name>
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        <name>Tesla, Inc.</name>
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        <name>United States of America</name>
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        <name>Kering SA</name>
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        <name>Deutsche Post AG</name>
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        <invCountry>DE</invCountry>
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        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <name>Howmet Aerospace, Inc.</name>
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        <title>Howmet Aerospace, Inc.</title>
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        <name>FNMA</name>
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          <isin value="US31418D7F32"/>
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        <name>United States of America</name>
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        <balance>1710000.00000000</balance>
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        <name>GNMA</name>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>Northrop Grumman Corp.</name>
        <lei>RIMU48P07456QXSO0R61</lei>
        <title>Northrop Grumman Corp.</title>
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        <invCountry>US</invCountry>
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        <name>Targa Resources Partners LP / Targa Resources Partners Finance Corp.</name>
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        <invCountry>US</invCountry>
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        <name>HSBC Holdings plc</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC Holdings plc</title>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ipsen SA</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chocoladefabriken Lindt &amp; Spruengli AG</name>
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        <title>Chocoladefabriken Lindt &amp; Spruengli AG</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Apple, Inc.</name>
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        <title>Apple, Inc.</title>
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          <isin value="US037833EG11"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2061-02-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.80000000</annualizedRt>
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      <invstOrSec>
        <name>Sun Hung Kai Properties Ltd.</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>HK</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Becton Dickinson &amp; Co.</name>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>United Kingdom of Great Britain and Northern Ireland</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
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          <isin value="GB00BPSNBB36"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.79878584"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.37500000</annualizedRt>
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      <invstOrSec>
        <name>BlackRock Funding, Inc.</name>
        <lei>N/A</lei>
        <title>BlackRock Funding, Inc.</title>
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          <isin value="US09290DAC56"/>
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        <balance>135000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>127656.81000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>Arista Networks, Inc.</name>
        <lei>635400H1WKBLOQERUU95</lei>
        <title>Arista Networks, Inc.</title>
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          <isin value="US0404132054"/>
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        <balance>7019.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Honda Motor Co. Ltd.</name>
        <lei>549300P7ZYCQJ36CCS16</lei>
        <title>Honda Motor Co. Ltd.</title>
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          <isin value="JP3854600008"/>
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        <balance>39675.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Mitsubishi Estate Co. Ltd.</name>
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        <title>Mitsubishi Estate Co. Ltd.</title>
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          <isin value="JP3899600005"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Dai Nippon Printing Co. Ltd.</name>
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        <title>Dai Nippon Printing Co. Ltd.</title>
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          <isin value="JP3493800001"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ageas SA</name>
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        <invCountry>BE</invCountry>
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        <name>Gilead Sciences, Inc.</name>
        <lei>549300WTZWR07K8MNV44</lei>
        <title>Gilead Sciences, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Enterprise Products Partners LP</name>
        <lei>K4CDIF4M54DJZ6TB4Q48</lei>
        <title>Enterprise Products Partners LP</title>
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        <name>Vodafone Group plc</name>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 30 Year</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2.00000000</annualizedRt>
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      <invstOrSec>
        <name>Aegon Ltd.</name>
        <lei>O4QK7KMMK83ITNTHUG69</lei>
        <title>Aegon Ltd.</title>
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        <invCountry>BM</invCountry>

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        <name>MS&amp;AD Insurance Group Holdings, Inc.</name>
        <lei>529900CXROT5S2HMMP26</lei>
        <title>MS&amp;AD Insurance Group Holdings, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Verizon Communications, Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications, Inc.</title>
        <cusip>92343VGN8</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1197511"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>456263.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.35500000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Simon Property Group, Inc.</name>
        <lei>529900GQL5X8H7AO3T64</lei>
        <title>Simon Property Group, Inc.</title>
        <cusip>828806109</cusip>
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      <invstOrSec>
        <name>Corebridge Financial, Inc.</name>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
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      <invstOrSec>
        <name>Westlake Corp.</name>
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        <name>Steel Dynamics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Omega Healthcare Investors, Inc.</name>
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        <title>Omega Healthcare Investors, Inc.</title>
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        <name>Smurfit WestRock plc</name>
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        <name>Tesla, Inc.</name>
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        <name>Mizuho Financial Group, Inc.</name>
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        <title>Mizuho Financial Group, Inc.</title>
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        <invCountry>JP</invCountry>
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      <invstOrSec>
        <name>Oracle Corp.</name>
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        <name>EDP Finance BV</name>
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        <name>United States of America</name>
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        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <name>Aramark</name>
        <lei>549300MR6PG2DWZUIL39</lei>
        <title>Aramark</title>
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        <name>Publicis Groupe SA</name>
        <lei>2138004KW8BV57III342</lei>
        <title>Publicis Groupe SA</title>
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        <name>Pertamina Persero PT</name>
        <lei>254900NDAKGNZ2IBBL45</lei>
        <title>Pertamina Persero PT</title>
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        <invCountry>ID</invCountry>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bonds</title>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
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          <maturityDt>2033-05-15</maturityDt>
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      <invstOrSec>
        <name>LVMH Moet Hennessy Louis Vuitton SE</name>
        <lei>IOG4E947OATN0KJYSD45</lei>
        <title>LVMH Moet Hennessy Louis Vuitton SE</title>
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          <isin value="FR0000121014"/>
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        <invCountry>FR</invCountry>
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        <name>Fifth Third Bancorp</name>
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        <name>GNMA</name>
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        <name>Panasonic Holdings Corp.</name>
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        <name>Teleperformance SE</name>
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        <name>RELX plc</name>
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        <name>Prudential plc</name>
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        <name>PTC, Inc.</name>
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        <name>Mars, Inc.</name>
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        <name>Hartford Financial Services Group, Inc. (The)</name>
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        <assetCat>EC</assetCat>
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        <name>Howmet Aerospace, Inc.</name>
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        <title>Howmet Aerospace, Inc.</title>
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        <name>Athene Holding Ltd.</name>
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        <title>Athene Holding Ltd.</title>
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        <name>Enel Finance International NV</name>
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        <name>Progressive Corp. (The)</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>ASML Holding NV</name>
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        <name>Pro Medicus Ltd.</name>
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        <name>Glencore plc</name>
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        <name>CK Asset Holdings Ltd.</name>
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        <name>FHLMC Pool</name>
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        <name>Metropolitan Life Global Funding I</name>
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        <name>Jones Lang LaSalle, Inc.</name>
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        <name>Daiichi Sankyo Co. Ltd.</name>
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        <name>AXA SA</name>
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        <name>United Airlines Pass-Through Trust</name>
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        <name>FFCB</name>
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        <name>Global Payments, Inc.</name>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Tokyo Electron Ltd.</name>
        <lei>549300H5LSF8DP3RIJ34</lei>
        <title>Tokyo Electron Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3571400005"/>
          <other otherDesc="Inhouse Asset ID" value="25093"/>
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        <balance>2600.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="157.34500000"/>
        <valUSD>390830.40000000</valUSD>
        <pctVal>0.070704465007</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Skyworks Solutions, Inc.</name>
        <lei>549300WZ3ORQ2BVKBD96</lei>
        <title>Skyworks Solutions, Inc.</title>
        <cusip>83088M102</cusip>
        <identifiers>
          <isin value="US83088M1027"/>
          <other otherDesc="Inhouse Asset ID" value="252923"/>
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        <balance>920.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>81585.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Trane Technologies plc</name>
        <lei>549300BURLR9SLYY2705</lei>
        <title>Trane Technologies plc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE00BK9ZQ967"/>
          <other otherDesc="Inhouse Asset ID" value="226223"/>
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        <balance>2456.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>907123.60000000</valUSD>
        <pctVal>0.164106192439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 30 Year</title>
        <cusip>31418D3G5</cusip>
        <identifiers>
          <isin value="US31418D3G50"/>
          <other otherDesc="Inhouse Asset ID" value="1155562"/>
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        <balance>457624.07900000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>358416.10000000</valUSD>
        <pctVal>0.064840448953</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</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>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bonds</title>
        <cusip>912810TD0</cusip>
        <identifiers>
          <isin value="US912810TD00"/>
          <other otherDesc="Inhouse Asset ID" value="1191867"/>
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        <balance>710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>430624.69000000</valUSD>
        <pctVal>0.077903582539</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</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>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="257972"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>-568.75000000</valUSD>
        <pctVal>-0.00010289159</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="Forward Foreign Currency Contract" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>Citibank</counterpartyName>
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            <amtCurSold>17355.00000000</amtCurSold>
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            <unrealizedAppr>-568.75000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Scout24 SE</name>
        <lei>5493007EIKM2ENQS7U66</lei>
        <title>Scout24 SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="DE000A12DM80"/>
          <other otherDesc="Inhouse Asset ID" value="646693"/>
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        <balance>6700.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="EUR" exchangeRt="0.96539074"/>
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        <pctVal>0.106953186805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sherwin-Williams Co. (The)</name>
        <lei>Z15BMIOX8DDH0X2OBP21</lei>
        <title>Sherwin-Williams Co. (The)</title>
        <cusip>824348106</cusip>
        <identifiers>
          <isin value="US8243481061"/>
          <other otherDesc="Inhouse Asset ID" value="41675"/>
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        <balance>1760.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>598276.80000000</valUSD>
        <pctVal>0.108233241504</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VeriSign, Inc.</name>
        <lei>LMPL4N8ZOJRMF0KOF759</lei>
        <title>VeriSign, Inc.</title>
        <cusip>92343E102</cusip>
        <identifiers>
          <isin value="US92343E1029"/>
          <other otherDesc="Inhouse Asset ID" value="51563"/>
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        <balance>397.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>82163.12000000</valUSD>
        <pctVal>0.014863990730</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hologic, Inc.</name>
        <lei>549300DYP6F5ZJL0LB74</lei>
        <title>Hologic, Inc.</title>
        <cusip>436440101</cusip>
        <identifiers>
          <isin value="US4364401012"/>
          <other otherDesc="Inhouse Asset ID" value="299711"/>
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        <balance>3547.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>255703.23000000</valUSD>
        <pctVal>0.046258837792</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNMA II, Single-family, 30 Year</title>
        <cusip>36179YAT1</cusip>
        <identifiers>
          <isin value="US36179YAT10"/>
          <other otherDesc="Inhouse Asset ID" value="1288172"/>
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        <balance>0.00200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Getlink SE</name>
        <lei>9695007ZEQ7M0OE74G82</lei>
        <title>Getlink SE</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0010533075"/>
          <other otherDesc="Inhouse Asset ID" value="391566"/>
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        <balance>4390.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.96539074"/>
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        <pctVal>0.012663881622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Meridian Energy Ltd.</name>
        <lei>254900IFKXIGNCY3A092</lei>
        <title>Meridian Energy Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="NZMELE0002S7"/>
          <other otherDesc="Inhouse Asset ID" value="580252"/>
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        <balance>13093.00000000</balance>
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        <currencyConditional curCd="NZD" exchangeRt="1.78731009"/>
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        <pctVal>0.007832226043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Old Republic International Corp.</name>
        <lei>549300IV6O2YY2A1KH37</lei>
        <title>Old Republic International Corp.</title>
        <cusip>680223104</cusip>
        <identifiers>
          <isin value="US6802231042"/>
          <other otherDesc="Inhouse Asset ID" value="30125"/>
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        <balance>3718.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>134554.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PNC Financial Services Group, Inc. (The)</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group, Inc. (The)</title>
        <cusip>693475105</cusip>
        <identifiers>
          <isin value="US6934751057"/>
          <other otherDesc="Inhouse Asset ID" value="1001"/>
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        <balance>374.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>72125.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nice Ltd.</name>
        <lei>254900YTY4EF5Z4W0A51</lei>
        <title>Nice Ltd.</title>
        <cusip>653656108</cusip>
        <identifiers>
          <isin value="US6536561086"/>
          <other otherDesc="Inhouse Asset ID" value="179005"/>
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        <balance>3200.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>543488.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hermes International SCA</name>
        <lei>969500Y4IJGHJE2MTJ13</lei>
        <title>Hermes International SCA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="FR0000052292"/>
          <other otherDesc="Inhouse Asset ID" value="204904"/>
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        <balance>95.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.96539074"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 30 Year</title>
        <cusip>31418EVA5</cusip>
        <identifiers>
          <isin value="US31418EVA53"/>
          <other otherDesc="Inhouse Asset ID" value="1278681"/>
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        <balance>459398.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>462173.75000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Telefonaktiebolaget LM Ericsson</name>
        <lei>549300W9JLPW15XIFM52</lei>
        <title>Telefonaktiebolaget LM Ericsson, Class B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="SE0000108656"/>
          <other otherDesc="Inhouse Asset ID" value="36981"/>
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        <balance>16597.00000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="11.06385000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MPLX LP</name>
        <lei>5493000CZJ19CK4P3G36</lei>
        <title>MPLX LP</title>
        <cusip>55336VBQ2</cusip>
        <identifiers>
          <isin value="US55336VBQ23"/>
          <other otherDesc="Inhouse Asset ID" value="1098860"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>262646.89000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</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>Hitachi Ltd.</name>
        <lei>549300T6IPOCDWLKC615</lei>
        <title>Hitachi Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JP3788600009"/>
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        <name>WW Grainger, Inc.</name>
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      <invstOrSec>
        <name>Hyundai Capital America</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HDFC Bank Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Travelers Cos., Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Republic of Colombia</name>
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          <isin value="COL17CT03813"/>
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        <invCountry>CO</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Genpact Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Petroleos Mexicanos</name>
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        <title>Petroleos Mexicanos</title>
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        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Eiffage SA</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Chipotle Mexican Grill, Inc.</name>
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        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Adobe, Inc.</name>
        <lei>FU4LY2G4933NH2E1CP29</lei>
        <title>Adobe, Inc.</title>
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        <name>Novo Nordisk A/S</name>
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        <name>Acuity Brands, Inc.</name>
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        <name>Japan Post Insurance Co. Ltd.</name>
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        <name>Imperial Brands plc</name>
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        <title>Imperial Brands plc</title>
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        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>Altria Group, Inc.</title>
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        <name>Owens Corning</name>
        <lei>JO5M6676RDJIZ2U8X907</lei>
        <title>Owens Corning</title>
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        <balance>370000.00000000</balance>
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        <name>Amazon.com, Inc.</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>Amazon.com, Inc.</title>
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        <name>United States of America</name>
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        <name>Banco de Sabadell SA</name>
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        <name>United States of America</name>
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        <name>Lennox International, Inc.</name>
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        <name>Shinhan Financial Group Co. Ltd.</name>
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        <name>Aristocrat Leisure Ltd.</name>
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        <name>Wolters Kluwer NV</name>
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        <name>Orange SA</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>ASML Holding NV</name>
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        <name>Ralph Lauren Corp.</name>
        <lei>HO1QNWM0IXBZ0QSMMO20</lei>
        <title>Ralph Lauren Corp., Class A</title>
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        <name>GEA Group AG</name>
        <lei>549300PHUU0ZZWO8EO07</lei>
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        <name>Golden State Tobacco Securitization Corp.</name>
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        <name>RS Group plc</name>
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        <name>Universal Health Services, Inc.</name>
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        <name>Eurofins Scientific SE</name>
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        <name>Tesco plc</name>
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        <name>Axis Capital Holdings Ltd.</name>
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        <name>FHLMC Pool</name>
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        <name>African Export-Import Bank (The)</name>
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        <name>Danske Bank A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
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        <invCountry>DK</invCountry>
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        <name>Freeport-McMoRan, Inc.</name>
        <lei>549300IRDTHJQ1PVET45</lei>
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        <name>Ryder System, Inc.</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
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      <invstOrSec>
        <name>Zensho Holdings Co. Ltd.</name>
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        <name>Aena SME SA</name>
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        <name>ASM International NV</name>
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        <name>Williams-Sonoma, Inc.</name>
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        <name>Sabine Pass Liquefaction LLC</name>
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        <name>Haleon plc</name>
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        <name>FHLMC Pool</name>
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        <name>Telia Co. AB</name>
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        <name>Sodexo SA</name>
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        <invCountry>FR</invCountry>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <name>FHLMC Pool</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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      <invstOrSec>
        <name>Fresenius Medical Care AG</name>
        <lei>549300CP8NY40UP89Q40</lei>
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        <name>Toll Brothers Finance Corp.</name>
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        <name>AstraZeneca plc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FNMA</name>
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        <name>CSL Finance plc</name>
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        <name>Wesfarmers Ltd.</name>
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        <name>GNMA</name>
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        <name>AutoZone, Inc.</name>
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        <name>FNMA</name>
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        <name>Japan Tobacco, Inc.</name>
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        <name>N/A</name>
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        <name>GNMA</name>
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        <name>BX Commercial Mortgage Trust</name>
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        <name>Huntington Bancshares, Inc.</name>
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        <name>Otis Worldwide Corp.</name>
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      <invstOrSec>
        <name>American Airlines Pass-Through Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GNMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Otis Worldwide Corp.</name>
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        <name>UBS Group AG</name>
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        <name>Charles Schwab Corp. (The)</name>
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        <name>Hoya Corp.</name>
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        <name>GNMA</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-08-20</maturityDt>
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        <name>Broadcom, Inc.</name>
        <lei>549300WV6GIDOZJTV909</lei>
        <title>Broadcom, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>McKesson Corp.</name>
        <lei>549300WZWOM80UCFSF54</lei>
        <title>McKesson Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Martin Marietta Materials, Inc.</name>
        <lei>5299005MZ4WZECVATV08</lei>
        <title>Martin Marietta Materials, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Fiserv, Inc.</name>
        <lei>GI7UBEJLXYLGR2C7GV83</lei>
        <title>Fiserv, Inc.</title>
        <cusip>337738BC1</cusip>
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        <balance>200000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2030-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.65000000</annualizedRt>
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        <name>Prologis Targeted US Logistics Fund LP</name>
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        <title>Prologis Targeted US Logistics Fund LP</title>
        <cusip>74350LAA2</cusip>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>101158.15000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>Meta Platforms, Inc.</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>Meta Platforms, Inc.</title>
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        <name>ABB Ltd.</name>
        <lei>5493000LKVGOO9PELI61</lei>
        <title>ABB Ltd.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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        <name>BAE Systems plc</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>BAE Systems plc</title>
        <cusip>N/A</cusip>
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        <invCountry>GB</invCountry>
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        <name>Northern Star Resources Ltd.</name>
        <lei>254900XFXCRYYZAX6M78</lei>
        <title>Northern Star Resources Ltd.</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="523023"/>
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        <assetCat>EC</assetCat>
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        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>Investor AB</name>
        <lei>549300VEBQPHRZBKUX38</lei>
        <title>Investor AB, Class B</title>
        <cusip>N/A</cusip>
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          <isin value="SE0015811963"/>
          <other otherDesc="Inhouse Asset ID" value="41157"/>
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        <balance>14739.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Southern Co. Gas Capital Corp.</name>
        <lei>E8CD46SWUD2TSN8PA636</lei>
        <title>Southern Co. Gas Capital Corp.</title>
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        <name>Abbott Laboratories</name>
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        <name>FHLMC Pool</name>
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        <name>Toyota Tsusho Corp.</name>
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        <name>Koninklijke Ahold Delhaize NV</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Costco Wholesale Corp.</name>
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        <name>BWX Technologies, Inc.</name>
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        <name>Boeing Co. (The)</name>
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        <name>Generac Holdings, Inc.</name>
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        <name>Brother Industries Ltd.</name>
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        <name>Enterprise Products Operating LLC</name>
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        <name>Lowe's Cos., Inc.</name>
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      <invstOrSec>
        <name>Hess Corp.</name>
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        <name>Sekisui House Ltd.</name>
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        <name>ASML Holding NV</name>
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        <name>Thermo Fisher Scientific, Inc.</name>
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        <name>Alexandria Real Estate Equities, Inc.</name>
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        <name>Sage Group plc (The)</name>
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        <name>Qantas Airways Ltd.</name>
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        <name>Leonardo SpA</name>
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        <name>DBS Group Holdings Ltd.</name>
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        <name>FNMA</name>
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        <name>Bank of America Corp.</name>
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        <name>CFCRE Commercial Mortgage Trust</name>
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        <name>Morgan Stanley</name>
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        <title>Morgan Stanley</title>
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      <invstOrSec>
        <name>CVS Health Corp.</name>
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        <name>United Mexican States</name>
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        <name>AT&amp;T, Inc.</name>
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        <invCountry>IT</invCountry>
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        <name>Comcast Corp.</name>
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        <name>GoDaddy, Inc.</name>
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        <name>SIG Group AG</name>
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        <name>Kawasaki Kisen Kaisha Ltd.</name>
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        <name>BHP Group Ltd.</name>
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        <name>TotalEnergies Capital SA</name>
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        <name>Otsuka Corp.</name>
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        <name>FHLMC Pool</name>
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        <name>Sumitomo Mitsui Financial Group, Inc.</name>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>Motorola Solutions, Inc.</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
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        <name>Paramount Global</name>
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        <name>FHLMC Pool</name>
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        <name>Public Service Enterprise Group, Inc.</name>
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        <name>Bristol-Myers Squibb Co.</name>
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        <name>AIA Group Ltd.</name>
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        <name>Monday.com Ltd.</name>
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        <name>United Airlines Pass-Through Trust</name>
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      <invstOrSec>
        <name>United States of America</name>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
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      <invstOrSec>
        <name>GNMA</name>
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      <invstOrSec>
        <name>NEC Corp.</name>
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        <name>US Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PPL Corp.</name>
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        <title>PPL Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Illinois Tool Works, Inc.</name>
        <lei>76NA4I14SZCFAYMNSV04</lei>
        <title>Illinois Tool Works, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tenet Healthcare Corp.</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GNMA</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <title>Wells Fargo &amp; Co.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <invCountry>US</invCountry>
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        <name>SBM Offshore NV</name>
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        <title>SBM Offshore NV</title>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <title>Goldman Sachs Group, Inc. (The)</title>
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      <invstOrSec>
        <name>Centene Corp.</name>
        <lei>549300Z7JJ4TQSQGT333</lei>
        <title>Centene Corp.</title>
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        <name>Verizon Communications, Inc.</name>
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        <title>Verizon Communications, Inc.</title>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 30 Year</title>
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          <other otherDesc="Inhouse Asset ID" value="1221727"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>AppLovin Corp.</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>AppLovin Corp.</title>
        <cusip>03831WAC2</cusip>
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        <valUSD>435318.16000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC Pool</name>
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        <name>Delta Air Lines, Inc. / SkyMiles IP Ltd.</name>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <name>BellRing Brands, Inc.</name>
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        <name>FHLMC Pool</name>
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        <name>Palo Alto Networks, Inc.</name>
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        <name>Starbucks Corp.</name>
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        <name>Stellantis NV</name>
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        <name>RTX Corp.</name>
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        <name>Workday, Inc.</name>
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        <name>Wartsila OYJ Abp</name>
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        <name>Vodafone Group plc</name>
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        <name>Bandai Namco Holdings, Inc.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>CRH plc</name>
        <lei>549300MIDJNNTH068E74</lei>
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        <name>Coca-Cola Consolidated, Inc.</name>
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      <invstOrSec>
        <name>Arch Capital Group Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Asics Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BX Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hewlett Packard Enterprise Co.</name>
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        <name>GNMA</name>
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        <name>DR Horton, Inc.</name>
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        <name>Mitsubishi Chemical Group Corp.</name>
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        <title>Mitsubishi Chemical Group Corp.</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Morgan Stanley</name>
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        <title>Morgan Stanley</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Cochlear Ltd.</name>
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        <title>Cochlear Ltd.</title>
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        <invCountry>AU</invCountry>
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        <name>First Industrial Realty Trust, Inc.</name>
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        <name>Thermo Fisher Scientific, Inc.</name>
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        <name>Motorola Solutions, Inc.</name>
        <lei>6S552MUG6KGJVEBSEC55</lei>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <title>JPMorgan Chase &amp; Co.</title>
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        <name>Workday, Inc.</name>
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        <title>Workday, Inc., Class A</title>
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        <name>Williams Cos., Inc. (The)</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
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        <name>Cigna Group (The)</name>
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        <name>Stockland</name>
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        <title>Stockland</title>
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        <invCountry>AU</invCountry>
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        <name>Erste Group Bank AG</name>
        <lei>PQOH26KWDF7CG10L6792</lei>
        <title>Erste Group Bank AG</title>
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        <invCountry>AT</invCountry>
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      <invstOrSec>
        <name>Targa Resources Corp.</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>Targa Resources Corp.</title>
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        <name>Morgan Stanley</name>
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        <name>Charter Communications Operating LLC / Charter Communications Operating Capital</name>
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        <name>T-Mobile USA, Inc.</name>
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        <name>UBS Group AG</name>
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        <name>Securitas AB</name>
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        <name>AstraZeneca plc</name>
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        <name>Evercore, Inc.</name>
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        <name>Anheuser-Busch InBev Worldwide, Inc.</name>
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        <name>United Mexican States</name>
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        <name>Federative Republic of Brazil</name>
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        <name>Netflix, Inc.</name>
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        <name>N/A</name>
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        <name>HP, Inc.</name>
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        <name>Lowe's Cos., Inc.</name>
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        <name>United States of America</name>
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        <name>FNMA</name>
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        <name>Medtronic Global Holdings SCA</name>
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        <name>Veralto Corp.</name>
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        <name>United States of America</name>
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        <name>Roche Holding AG</name>
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        <name>Allianz SE</name>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
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      <invstOrSec>
        <name>Vodafone Group plc</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Manhattan Associates, Inc.</name>
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      <invstOrSec>
        <name>FHLMC Pool</name>
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        <title>FHLMC Pool, 30 Year</title>
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          <isin value="US3132DWDS98"/>
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          <maturityDt>2052-05-01</maturityDt>
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      <invstOrSec>
        <name>Berkshire Hathaway Energy Co.</name>
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          <isin value="US084659BD28"/>
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        <name>United States of America</name>
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          <isin value="US912810TB44"/>
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          <maturityDt>2051-11-15</maturityDt>
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        <name>NatWest Group plc</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-09-13</maturityDt>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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          <maturityDt>2035-04-25</maturityDt>
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        <name>Ascension Health</name>
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          <maturityDt>2046-11-15</maturityDt>
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        <name>Yokogawa Electric Corp.</name>
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        <title>Yokogawa Electric Corp.</title>
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        <invCountry>JP</invCountry>
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        <name>Hargreaves Lansdown plc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <name>Home Depot, Inc. (The)</name>
        <lei>QEKMOTMBBKA8I816DO57</lei>
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        <name>Anheuser-Busch InBev Worldwide, Inc.</name>
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        <name>UnitedHealth Group, Inc.</name>
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        <name>N/A</name>
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        <name>N/A</name>
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      <invstOrSec>
        <name>Chevron Corp.</name>
        <lei>N/A</lei>
        <title>Chevron Corp.</title>
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        <name>Glencore Funding LLC</name>
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        <name>Cisco Systems, Inc.</name>
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        <name>Edison International</name>
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        <name>Target Corp.</name>
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        <name>American Electric Power Co., Inc.</name>
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        <name>New Economy Assets Phase 1 Sponsor LLC</name>
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        <name>Vistra Operations Co. LLC</name>
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        <name>Bunge Global SA</name>
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        <name>Truist Financial Corp.</name>
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        <name>JD Sports Fashion plc</name>
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        <name>Analog Devices, Inc.</name>
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        <name>JPMorgan Chase &amp; Co.</name>
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        <name>Charles Schwab Corp. (The)</name>
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        <name>Shell plc</name>
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        <name>Quest Diagnostics, Inc.</name>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <name>VICI Properties LP</name>
        <lei>254900X4QE7SGKQLLN38</lei>
        <title>VICI Properties LP</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Verisk Analytics, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GNMA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ingersoll Rand, Inc.</name>
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        <title>Ingersoll Rand, Inc.</title>
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          <isin value="US45687V1061"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BASF SE</name>
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          <isin value="DE000BASF111"/>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Allegion plc</name>
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          <isin value="IE00BFRT3W74"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IDEXX Laboratories, Inc.</name>
        <lei>OGMTXK0LUU1HKV2P0J84</lei>
        <title>IDEXX Laboratories, Inc.</title>
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          <isin value="US45168D1046"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>T Rowe Price Group, Inc.</name>
        <lei>549300SIV6FPS9Y7IH33</lei>
        <title>T Rowe Price Group, Inc.</title>
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          <isin value="US74144T1088"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Duke Energy Florida LLC</name>
        <lei>7MOHLM3DKE63RX2ZCN83</lei>
        <title>Duke Energy Florida LLC</title>
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          <isin value="US341099CL11"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-06-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Guidewire Software, Inc.</name>
        <lei>549300WXSG0J8IXZCK32</lei>
        <title>Guidewire Software, Inc.</title>
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          <isin value="US40171V1008"/>
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        <balance>805.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 30 Year</title>
        <cusip>3140X9JG1</cusip>
        <identifiers>
          <isin value="US3140X9JG10"/>
          <other otherDesc="Inhouse Asset ID" value="1198024"/>
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        <balance>49924.80100000</balance>
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        <curCd>USD</curCd>
        <valUSD>46625.11000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-02-01</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Toyota Motor Corp.</name>
        <lei>5493006W3QUS5LMH6R84</lei>
        <title>Toyota Motor Corp.</title>
        <cusip>N/A</cusip>
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          <isin value="JP3633400001"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
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          <isin value="US91282CGV72"/>
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        <balance>3920000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-04-15</maturityDt>
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      <invstOrSec>
        <name>Arab Republic of Egypt</name>
        <lei>529900GFIVH4086NMH82</lei>
        <title>Egypt Treasury Bills</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="EGT998014P11"/>
          <other otherDesc="Inhouse Asset ID" value="1399218"/>
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        <balance>13500000.00000000</balance>
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        <assetCat>STIV</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>EG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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      <invstOrSec>
        <name>Conagra Brands, Inc.</name>
        <lei>54930035UDEIH090K650</lei>
        <title>Conagra Brands, Inc.</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2048-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.40000000</annualizedRt>
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      <invstOrSec>
        <name>JBS USA Holding LUX SARL / JBS USA Food Co. / JBS LUX Co. SARL</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Carrefour SA</name>
        <lei>549300B8P6MUJ1YWTS08</lei>
        <title>Carrefour SA</title>
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        <invCountry>FR</invCountry>
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        <name>DuPont de Nemours, Inc.</name>
        <lei>5493004JF0SDFLM8GD76</lei>
        <title>DuPont de Nemours, Inc.</title>
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        <name>Genmab A/S</name>
        <lei>529900MTJPDPE4MHJ122</lei>
        <title>Genmab A/S</title>
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        <balance>2079.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Janus Henderson Group plc</name>
        <lei>2138009WPYMWJN3RVF44</lei>
        <title>Janus Henderson Group plc</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WH Group Ltd.</name>
        <lei>254900A4AYEDRWYSE928</lei>
        <title>WH Group Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <balance>228000.00000000</balance>
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        <name>FHLMC Pool</name>
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        <name>Hewlett Packard Enterprise Co.</name>
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        <name>Agilent Technologies, Inc.</name>
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        <name>Tokyu Corp.</name>
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        <name>Cie Generale des Etablissements Michelin SCA</name>
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        <name>Marsh &amp; McLennan Cos., Inc.</name>
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        <name>Otsuka Holdings Co. Ltd.</name>
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        <name>Societe Generale SA</name>
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        <name>AbbVie, Inc.</name>
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        <name>Microsoft Corp.</name>
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        <name>Deere &amp; Co.</name>
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        <name>Mondelez International, Inc.</name>
        <lei>549300DV9GIB88LZ5P30</lei>
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      <invstOrSec>
        <name>Molson Coors Beverage Co.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>United States of America</name>
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          <isin value="US91282CAE12"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Energy Transfer LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RGA Global Funding</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>United States of America</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2044-08-15</maturityDt>
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      <invstOrSec>
        <name>Bank of America Corp.</name>
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        <title>Bank of America Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Essex Portfolio LP</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-03-15</maturityDt>
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        <name>Orsted A/S</name>
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          <isin value="DK0060094928"/>
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        <invCountry>DK</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>CF Industries Holdings, Inc.</name>
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        <title>CF Industries Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Inpex Corp.</name>
        <lei>353800VHYYADPR6MXQ47</lei>
        <title>Inpex Corp.</title>
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          <isin value="JP3294460005"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Galp Energia SGPS SA</name>
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        <invCountry>PT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Truist Financial Corp.</name>
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        <name>Prologis, Inc.</name>
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        <title>Prologis, Inc.</title>
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        <name>BKW AG</name>
        <lei>549300IE30SKTUO98Q38</lei>
        <title>BKW AG</title>
        <cusip>N/A</cusip>
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        <invCountry>CH</invCountry>
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        <name>Kimberly-Clark Corp.</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
        <title>Kimberly-Clark Corp.</title>
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        <name>NIKE, Inc.</name>
        <lei>787RXPR0UX0O0XUXPZ81</lei>
        <title>NIKE, Inc., Class B</title>
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        <name>General Mills, Inc.</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
        <title>General Mills, Inc.</title>
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        <name>JPMorgan Chase &amp; Co.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co.</title>
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        <balance>535000.00000000</balance>
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        <name>Regeneron Pharmaceuticals, Inc.</name>
        <lei>549300RCBFWIRX3HYQ56</lei>
        <title>Regeneron Pharmaceuticals, Inc.</title>
        <cusip>75886FAE7</cusip>
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        <balance>200000.00000000</balance>
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        <invCountry>US</invCountry>
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          <maturityDt>2030-09-15</maturityDt>
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      <invstOrSec>
        <name>Safran SA</name>
        <lei>969500UIC89GT3UL7L24</lei>
        <title>Safran SA</title>
        <cusip>N/A</cusip>
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        <name>Murphy USA, Inc.</name>
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        <name>Verizon Communications, Inc.</name>
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        <name>FHLMC Pool</name>
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        <name>United Mexican States</name>
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        <name>Bank of New York Mellon Corp. (The)</name>
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        <name>Rational AG</name>
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        <name>CVS Health Corp.</name>
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        <name>GNMA</name>
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        <name>FHLMC Pool</name>
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        <name>Huntington Bancshares, Inc.</name>
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        <name>American International Group, Inc.</name>
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        <name>United States of America</name>
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        <name>Hongkong Land Holdings Ltd.</name>
        <lei>213800XCHYNRPAYGXW28</lei>
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        <name>GNMA</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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        <name>Fresenius SE &amp; Co. KGaA</name>
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        <name>Dick's Sporting Goods, Inc.</name>
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        <name>Charter Communications Operating LLC / Charter Communications Operating Capital</name>
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        <name>Martin Marietta Materials, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GNMA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Coca-Cola HBC AG</name>
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        <name>Fox Corp.</name>
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        <name>Hikma Pharmaceuticals plc</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RTX Corp.</name>
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        <name>Citigroup Commercial Mortgage Trust</name>
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        <name>Wells Fargo &amp; Co.</name>
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        <name>Smartsheet, Inc.</name>
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        <name>Comision Federal de Electricidad</name>
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        <name>Old Dominion Freight Line, Inc.</name>
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        <name>Dick's Sporting Goods, Inc.</name>
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        <name>Unum Group</name>
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        <name>Ecolab, Inc.</name>
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        <name>United States of America</name>
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        <name>Dassault Aviation SA</name>
        <lei>969500CVFTUT88V8QN95</lei>
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        <name>Virginia Electric and Power Co.</name>
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        <title>Virginia Electric and Power Co.</title>
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        <name>American Tower Corp.</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp.</title>
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        <name>Anheuser-Busch Cos. LLC / Anheuser-Busch InBev Worldwide, Inc.</name>
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        <name>Eaton Corp. plc</name>
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        <name>Intuit, Inc.</name>
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        <name>United States of America</name>
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        <name>Netflix, Inc.</name>
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          <maturityDt>2029-11-15</maturityDt>
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        <name>WRKCo, Inc.</name>
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        <name>Arrow Electronics, Inc.</name>
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        <name>FHLMC Pool</name>
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        <name>Union Pacific Corp.</name>
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        <name>EXOR NV</name>
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        <name>ABN AMRO Bank NV</name>
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      <invstOrSec>
        <name>Shopify, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Boston Scientific Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Pearson plc</name>
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        <cusip>N/A</cusip>
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        <balance>3792.00000000</balance>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NXP Semiconductors NV</name>
        <lei>724500M9BY5293JDF951</lei>
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        <cusip>N/A</cusip>
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        <balance>1700.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BP Capital Markets America, Inc.</name>
        <lei>5493009NTB34VXE1T760</lei>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Regeneron Pharmaceuticals, Inc.</name>
        <lei>549300RCBFWIRX3HYQ56</lei>
        <title>Regeneron Pharmaceuticals, Inc.</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>CSL Finance plc</name>
        <lei>2549007CCNBNAF4HBC02</lei>
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          <isin value="US12661PAC32"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-04-27</maturityDt>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="Inhouse Asset ID" value="1389591"/>
          <other otherDesc="Future Ticker" value="TYH5 Comdty"/>
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        <balance>14.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Booking Holdings, Inc.</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
        <title>Booking Holdings, Inc.</title>
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          <isin value="US09857L1089"/>
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        <name>Affiliated Managers Group, Inc.</name>
        <lei>2JE75BUE3T1BLCYYGK54</lei>
        <title>Affiliated Managers Group, Inc.</title>
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          <isin value="US0082521081"/>
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        <fairValLevel>1</fairValLevel>
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        <name>NetApp, Inc.</name>
        <lei>QTX3D84DZDD5JYOCYH15</lei>
        <title>NetApp, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Tradeweb Markets, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Alcon AG</name>
        <lei>549300LDT5AP8S0NBM78</lei>
        <title>Alcon AG</title>
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        <invCountry>CH</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>Sempra</name>
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        <title>Sempra</title>
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        <curCd>USD</curCd>
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        <name>Yangzijiang Shipbuilding Holdings Ltd.</name>
        <lei>254900Z3JEM14YIGLM66</lei>
        <title>Yangzijiang Shipbuilding Holdings Ltd.</title>
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        <name>Allison Transmission Holdings, Inc.</name>
        <lei>529900RP7DJ882LI9T83</lei>
        <title>Allison Transmission Holdings, Inc.</title>
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        <name>Tele2 AB</name>
        <lei>213800EKD193RVI9HL76</lei>
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        <name>Societe Generale SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>Societe Generale SA</title>
        <cusip>83368RAV4</cusip>
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        <balance>250000.00000000</balance>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>US Bancorp</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US Bancorp</title>
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        <balance>400000.00000000</balance>
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        <valUSD>399622.52000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2030-07-23</maturityDt>
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      <invstOrSec>
        <name>WW Grainger, Inc.</name>
        <lei>549300TWZSP6O1IH2V34</lei>
        <title>WW Grainger, Inc.</title>
        <cusip>384802104</cusip>
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          <isin value="US3848021040"/>
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        <balance>699.00000000</balance>
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        <valUSD>736780.95000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alphabet, Inc.</name>
        <lei>5493006MHB84DD0ZWV18</lei>
        <title>Alphabet, Inc., Class A</title>
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        <name>Deutsche Telekom AG</name>
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        <name>Hyundai Capital America</name>
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        <name>United States of America</name>
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        <name>Commonwealth Bank of Australia</name>
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        <name>Synopsys, Inc.</name>
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        <name>Progressive Corp. (The)</name>
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        <name>Exxon Mobil Corp.</name>
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        <title>Exxon Mobil Corp.</title>
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          <maturityDt>2045-03-06</maturityDt>
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        <name>Novartis AG</name>
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        <name>O'Reilly Automotive, Inc.</name>
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        <name>Sompo Holdings, Inc.</name>
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        <name>Prosus NV</name>
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        <name>Incyte Corp.</name>
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        <title>Incyte Corp.</title>
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        <name>DT Midstream, Inc.</name>
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        <name>MongoDB, Inc.</name>
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        <name>AerCap Holdings NV</name>
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        <name>JPMBB Commercial Mortgage Securities Trust</name>
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        <name>Swedish Orphan Biovitrum AB</name>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
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        <name>Visa, Inc.</name>
        <lei>549300JZ4OKEHW3DPJ59</lei>
        <title>Visa, Inc., Class A</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Parker-Hannifin Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FHLMC Pool</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BlueScope Steel Ltd.</name>
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      <invstOrSec>
        <name>United States of America</name>
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      <invstOrSec>
        <name>Barratt Redrow plc</name>
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      <invstOrSec>
        <name>CSX Corp.</name>
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        <name>Illinois Tool Works, Inc.</name>
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        <title>Illinois Tool Works, Inc.</title>
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        <name>Keyence Corp.</name>
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        <invCountry>JP</invCountry>
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        <name>FNMA</name>
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          <maturityDt>2052-05-01</maturityDt>
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        <name>Albemarle Corp.</name>
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        <title>Albemarle Corp.</title>
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        <invCountry>US</invCountry>
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        <name>PVH Corp.</name>
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        <title>PVH Corp.</title>
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        <name>GE Aerospace</name>
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        <title>GE Aerospace</title>
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        <name>Institutional Fiduciary Trust - Money Market Portfolio</name>
        <lei>549300M4TP89K77LG374</lei>
        <title>Institutional Fiduciary Trust - Money Market Portfolio</title>
        <cusip>457756500</cusip>
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        <name>Aflac, Inc.</name>
        <lei>549300N0B7DOGLXWPP39</lei>
        <title>Aflac, Inc.</title>
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        <name>Texas Roadhouse, Inc.</name>
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        <name>Leidos Holdings, Inc.</name>
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        <title>Leidos Holdings, Inc.</title>
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        <name>InPost SA</name>
        <lei>2221003M23QLERR89585</lei>
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        <name>Weatherford International plc</name>
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        <name>Citigroup, Inc.</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup, Inc.</title>
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        <name>Accenture plc</name>
        <lei>5493000EWHDSR3MZWH98</lei>
        <title>Accenture plc, Class A</title>
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        <name>Targa Resources Corp.</name>
        <lei>5493003QENHHS261UR94</lei>
        <title>Targa Resources Corp.</title>
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        <name>Industrivarden AB</name>
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        <name>Bath &amp; Body Works, Inc.</name>
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        <name>GNMA</name>
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        <name>Asahi Group Holdings Ltd.</name>
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        <name>Uber Technologies, Inc.</name>
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        <title>Uber Technologies, Inc.</title>
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        <name>Fortum OYJ</name>
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        <name>Oracle Corp.</name>
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        <name>Stryker Corp.</name>
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        <title>Stryker Corp.</title>
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        <name>Toronto-Dominion Bank (The)</name>
        <lei>PT3QB789TSUIDF371261</lei>
        <title>Toronto-Dominion Bank (The)</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>AerCap Ireland Capital DAC / AerCap Global Aviation Trust</name>
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        <invCountry>IE</invCountry>
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        <name>United States of America</name>
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        <name>Disco Corp.</name>
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        <name>Northrop Grumman Corp.</name>
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        <name>CVS Health Corp.</name>
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        <title>CVS Health Corp.</title>
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        <name>GNMA</name>
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        <name>Goldman Sachs Group, Inc. (The)</name>
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        <name>ConocoPhillips Co.</name>
        <lei>6VJJ5GQWIRDQ06DUXG89</lei>
        <title>ConocoPhillips Co.</title>
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        <name>BorgWarner, Inc.</name>
        <lei>549300DSFX2IE88NSX47</lei>
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        <name>Fastenal Co.</name>
        <lei>529900PP0C7H2HHPSJ32</lei>
        <title>Fastenal Co.</title>
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        <name>T-Mobile USA, Inc.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA, Inc.</title>
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      <invstOrSec>
        <name>Seiko Epson Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Alcon AG</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Home Depot, Inc. (The)</name>
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        <name>Electronic Arts, Inc.</name>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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        <name>Entergy Corp.</name>
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        <title>Entergy Corp.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Sempra</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
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          <other otherDesc="Inhouse Asset ID" value="1389633"/>
          <other otherDesc="Future Ticker" value="UXYH5 Comdty"/>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>QUALCOMM, Inc.</name>
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        <title>QUALCOMM, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Baxter International, Inc.</name>
        <lei>J5OIVXX3P24RJRW5CK77</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>SCREEN Holdings Co. Ltd.</name>
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        <invCountry>JP</invCountry>
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        <name>San Bernardino Community College District</name>
        <lei>549300Y4FPTEP3EQZ007</lei>
        <title>San Bernardino Community College District, Series 2021</title>
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        <name>HSBC Holdings plc</name>
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        <name>Schindler Holding AG</name>
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        <invCountry>CH</invCountry>
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        <name>GNMA</name>
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        <name>Shin-Etsu Chemical Co. Ltd.</name>
        <lei>353800PX8Q64N86H5W41</lei>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
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        <name>T-Mobile USA, Inc.</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA, Inc.</title>
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        <balance>300000.00000000</balance>
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        <name>L'Oreal SA</name>
        <lei>529900JI1GG6F7RKVI53</lei>
        <title>L'Oreal SA</title>
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        <name>Auto Trader Group plc</name>
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        <name>Capital One Financial Corp.</name>
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        <name>Continental AG</name>
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        <name>Duke Energy Indiana LLC</name>
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        <name>American Tower Corp.</name>
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        <name>Santander UK Group Holdings plc</name>
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        <name>United States of America</name>
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        <name>Boeing Co. (The)</name>
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        <name>Isuzu Motors Ltd.</name>
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        <name>DTE Energy Co.</name>
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        <name>Lockheed Martin Corp.</name>
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        <name>Kinaxis, Inc.</name>
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        <title>Kinaxis, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mars, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMorgan Chase &amp; Co.</name>
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        <title>JPMorgan Chase &amp; Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NatWest Group plc</name>
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        <title>NatWest Group plc</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EMCOR Group, Inc.</name>
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        <title>EMCOR Group, Inc.</title>
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          <isin value="US29084Q1004"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Texas Instruments, Inc.</name>
        <lei>WDJNR2L6D8RWOEB8T652</lei>
        <title>Texas Instruments, Inc.</title>
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          <isin value="US8825081040"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United Kingdom of Great Britain and Northern Ireland</name>
        <lei>ECTRVYYCEF89VWYS6K36</lei>
        <title>United Kingdom Gilt</title>
        <cusip>N/A</cusip>
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          <isin value="GB00BQC82C90"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-07-31</maturityDt>
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      <invstOrSec>
        <name>VICI Properties LP / VICI Note Co., Inc.</name>
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        <balance>225000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-08-15</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Swiss Re AG</name>
        <lei>529900PS9YW3YY29F326</lei>
        <title>Swiss Re AG</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Newmont Corp. / Newcrest Finance Pty. Ltd.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-03-15</maturityDt>
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      <invstOrSec>
        <name>FNMA</name>
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          <isin value="US31418ELX66"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
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          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>Salesforce, Inc.</name>
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        <title>Salesforce, Inc.</title>
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      <invstOrSec>
        <name>InterContinental Hotels Group plc</name>
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        <title>InterContinental Hotels Group plc</title>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Johnson &amp; Johnson</name>
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        <title>Johnson &amp; Johnson</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Fidelity National Information Services, Inc.</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
        <title>Fidelity National Information Services, Inc.</title>
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      <invstOrSec>
        <name>Mitsubishi Electric Corp.</name>
        <lei>549300TRXM9Y6561AX39</lei>
        <title>Mitsubishi Electric Corp.</title>
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        <name>Microsoft Corp.</name>
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        <title>Microsoft Corp.</title>
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        <name>Workday, Inc.</name>
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        <title>Workday, Inc., Class A</title>
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        <name>Xero Ltd.</name>
        <lei>254900UG5D8YST164N14</lei>
        <title>Xero Ltd.</title>
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        <invCountry>NZ</invCountry>
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        <name>Federative Republic of Brazil</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazil Notas do Tesouro Nacional</title>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
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      <invstOrSec>
        <name>Citibank NA</name>
        <lei>E57ODZWZ7FF32TWEFA76</lei>
        <title>Citibank NA</title>
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        <balance>1000000.00000000</balance>
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        <valUSD>1009531.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-30</maturityDt>
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      <invstOrSec>
        <name>Singapore Exchange Ltd.</name>
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        <invCountry>SG</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benchmark Mortgage Trust</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>MTU Aero Engines AG</name>
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          <isin value="DE000A0D9PT0"/>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Makita Corp.</name>
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        <title>Makita Corp.</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Klepierre SA</name>
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          <isin value="FR0000121964"/>
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        <assetCat>EC</assetCat>
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        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>H&amp;R Block, Inc.</name>
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        <title>H&amp;R Block, Inc.</title>
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          <isin value="US0936711052"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UniCredit SpA</name>
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        <title>UniCredit SpA</title>
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          <isin value="US904678AW97"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-06-03</maturityDt>
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      <invstOrSec>
        <name>CSX Corp.</name>
        <lei>549300JVQR4N1MMP3Q88</lei>
        <title>CSX Corp.</title>
        <cusip>126408103</cusip>
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          <isin value="US1264081035"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>McDonald's Corp.</name>
        <lei>UE2136O97NLB5BYP9H04</lei>
        <title>McDonald's Corp.</title>
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          <isin value="US58013MFK53"/>
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        <curCd>USD</curCd>
        <valUSD>144304.06000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 30 Year</title>
        <cusip>31418EHH6</cusip>
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          <isin value="US31418EHH62"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Haleon plc</name>
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        <title>Haleon plc</title>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Arthur J Gallagher &amp; Co.</name>
        <lei>54930049QLLMPART6V29</lei>
        <title>Arthur J Gallagher &amp; Co.</title>
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          <isin value="US04316JAF66"/>
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        <balance>150000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Jefferies Financial Group, Inc.</name>
        <lei>549300HOF34RGOJ5YL07</lei>
        <title>Jefferies Financial Group, Inc.</title>
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        <balance>2486.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CyberArk Software Ltd.</name>
        <lei>529900YEXNDM894PWS93</lei>
        <title>CyberArk Software Ltd.</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Cigna Group (The)</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>Cigna Group (The)</title>
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        <name>United Mexican States</name>
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        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, 30 Year</title>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
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      <invstOrSec>
        <name>Samsung Electronics Co. Ltd.</name>
        <lei>9884007ER46L6N7EI764</lei>
        <title>Samsung Electronics Co. Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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      <invstOrSec>
        <name>N/A</name>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FNMA</name>
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        <cusip>31418EHK9</cusip>
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          <isin value="US31418EHK91"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="256715"/>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>HSBC Bank</counterpartyName>
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      <invstOrSec>
        <name>Monolithic Power Systems, Inc.</name>
        <lei>529900TB7O85LSZ1XU31</lei>
        <title>Monolithic Power Systems, Inc.</title>
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          <isin value="US6098391054"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zoetis, Inc.</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
        <title>Zoetis, Inc., Class A</title>
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          <isin value="US98978V1035"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Salesforce, Inc.</name>
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        <title>Salesforce, Inc.</title>
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        <valUSD>293853.12000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.95000000</annualizedRt>
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        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
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          <isin value="DE0005140008"/>
          <other otherDesc="Inhouse Asset ID" value="63625"/>
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        <balance>21648.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Salesforce, Inc.</name>
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        <name>Equinix, Inc.</name>
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        <title>Equinix, Inc.</title>
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        <name>Canadian Pacific Kansas City Ltd.</name>
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        <name>American Express Co.</name>
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        <name>Cintas Corp.</name>
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        <name>Amgen, Inc.</name>
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        <title>Amgen, Inc.</title>
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        <name>Monster Beverage Corp.</name>
        <lei>52990090AP0E7HCB6F33</lei>
        <title>Monster Beverage Corp.</title>
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        <name>GNMA</name>
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        <name>United States of America</name>
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        <name>Linde plc</name>
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        <title>Linde plc</title>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>FHLMC Pool</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLMC Pool, 30 Year</title>
        <cusip>3132DWDX8</cusip>
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        <valUSD>482843.80000000</valUSD>
        <pctVal>0.087350453191</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Best Buy Co., Inc.</name>
        <lei>HL5XPTVRV0O8TUN5LL90</lei>
        <title>Best Buy Co., Inc.</title>
        <cusip>086516101</cusip>
        <identifiers>
          <isin value="US0865161014"/>
          <other otherDesc="Inhouse Asset ID" value="25598"/>
        </identifiers>
        <balance>3007.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>258000.60000000</valUSD>
        <pctVal>0.046674451103</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FHLMC Pool</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLMC Pool, 30 Year</title>
        <cusip>3133KN4U4</cusip>
        <identifiers>
          <isin value="US3133KN4U46"/>
          <other otherDesc="Inhouse Asset ID" value="1362799"/>
        </identifiers>
        <balance>466480.64000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>382920.11000000</valUSD>
        <pctVal>0.069273427855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</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>Mondelez International, Inc.</name>
        <lei>549300DV9GIB88LZ5P30</lei>
        <title>Mondelez International, Inc.</title>
        <cusip>609207BE4</cusip>
        <identifiers>
          <isin value="US609207BE44"/>
          <other otherDesc="Inhouse Asset ID" value="1390516"/>
        </identifiers>
        <balance>100000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95749.67000000</valUSD>
        <pctVal>0.017321910455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-01-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Franklin Templeton Variable Insurance Products Trust</ncom:nameOfApplicant>
      <ncom:signature>Monica Krogh</ncom:signature>
      <ncom:signerName>Monica Krogh</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
