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        <name>Government National Mortgage A</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>Navient Student Loan Trust</name>
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        <name>WCORE Commercial Mortgage Trus</name>
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        <name>DK Trust</name>
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      <invstOrSec>
        <name>PANTHER ESCROW ISSUER</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RFM RE-REMIC TRUST 2022-FRR1</name>
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      <invstOrSec>
        <name>UBS Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US90291JAX54"/>
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      <invstOrSec>
        <name>Trade Desk Inc/The</name>
        <lei>549300GXPD31VT3E0P46</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <balance>3093352.86000000</balance>
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      <invstOrSec>
        <name>CROWN CASTLE INC</name>
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        <title>Crown Castle Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dominos Pizza Master Issuer LL</name>
        <lei>N/A</lei>
        <title>Domino's Pizza Master Issuer LLC</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Swiss Re AG</name>
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        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Genpact Ltd</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>WILLIAM CARTER</name>
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        <title>William Carter Co/The</title>
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          <isin value="US96926JAC18"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Popular Inc</name>
        <lei>5493008CARDZMVQ3LO89</lei>
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        <invCountry>PR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Emerson Electric Co</name>
        <lei>FGLT0EWZSUIRRITFOA30</lei>
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      <invstOrSec>
        <name>FREMF Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2016-K57 Mortgage Trust</title>
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        <name>BX Trust</name>
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        <name>Unicharm Corp</name>
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        <name>FDJ UNITED</name>
        <lei>969500R4CLSQFTYYI535</lei>
        <title>FDJ UNITED</title>
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        <invCountry>FR</invCountry>
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      <invstOrSec>
        <name>Bank Hapoalim BM</name>
        <lei>B6ARUI4946ST4S7WOU88</lei>
        <title>Bank Hapoalim BM</title>
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          <isin value="IL0006625771"/>
          <ticker value="POLI"/>
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        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CD Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CD 2017-CD4 Mortgage Trust</title>
        <cusip>12515DAS3</cusip>
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        <balance>625356.95000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bluemountain CLO Ltd</name>
        <lei>5493001GLQHON6UV2U40</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UKRAINE GOVERNMENT</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-02-01</maturityDt>
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      <invstOrSec>
        <name>GCI LLC</name>
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        <title>GCI LLC</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ECOPETROL SA</name>
        <lei>254900IDGKCJICKBPA66</lei>
        <title>Ecopetrol SA</title>
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          <isin value="US279158AV11"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-19</maturityDt>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2018-4</title>
        <cusip>46649CBF9</cusip>
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          <isin value="US46649CBF95"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS DEL PERU SA</name>
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        <title>Petroleos del Peru SA</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-19</maturityDt>
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        <name>TALOS PRODUCTION INC</name>
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        <title>Talos Production Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>GLOBAL INFRASTRUCTURE SO</name>
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        <title>Global Infrastructure Solutions Inc</title>
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      <invstOrSec>
        <name>Enact Mortgage Insurance Corpo</name>
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        <invCountry>BM</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Telia Co AB</name>
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        <name>Medibank Pvt Ltd</name>
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        <name>BX Trust</name>
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        <name>Isuzu Motors Ltd</name>
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        <title>Isuzu Motors Ltd</title>
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        <name>Broadcom Inc</name>
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        <title>Broadcom Inc</title>
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        <name>PETROLEOS MEXICANOS</name>
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        <title>Petroleos Mexicanos</title>
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        <name>Freddiemac Strip</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Strips</title>
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        <name>Intuitive Surgical Inc</name>
        <lei>54930052SRG011710797</lei>
        <title>Intuitive Surgical Inc</title>
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          <ticker value="ISRG"/>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>SIRIUS XM RADIO LLC</name>
        <lei>WP5O65E6BMU84LNO4227</lei>
        <title>Sirius XM Radio LLC</title>
        <cusip>82967NBA5</cusip>
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          <isin value="US82967NBA54"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68450.13000000</valUSD>
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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>2027-08-01</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTH JERSEY INDUSTRIES</name>
        <lei>549300DJYWYT5VXLFA46</lei>
        <title>South Jersey Industries Inc</title>
        <cusip>838518AA6</cusip>
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          <isin value="US838518AA63"/>
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        <balance>245000.00000000</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>2031-04-15</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>UKRAINE GOVERNMENT</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government International Bond</title>
        <cusip>903724CF7</cusip>
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          <isin value="US903724CF76"/>
          <other otherDesc="SEDOL" value="BT06HW1"/>
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        <balance>29024.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16108.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382KVC4</cusip>
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          <isin value="US38382KVC43"/>
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        <balance>12968124.93000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2529932.04000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Palo Alto Networks Inc</name>
        <lei>549300QXR2YVZV231H43</lei>
        <title>Palo Alto Networks Inc</title>
        <cusip>697435105</cusip>
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          <isin value="US6974351057"/>
          <ticker value="PANW"/>
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        <balance>4909.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>837671.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sunnova Sol III Issuer LLC</name>
        <lei>N/A</lei>
        <title>Sunnova Sol III Issuer LLC</title>
        <cusip>86745QAA9</cusip>
        <identifiers>
          <isin value="US86745QAA94"/>
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        <balance>78468.21000000</balance>
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        <curCd>USD</curCd>
        <valUSD>65019.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-04-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.58000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Loews Corp</name>
        <lei>R8V1FN4M5ITGZOG7BS19</lei>
        <title>Loews Corp</title>
        <cusip>540424108</cusip>
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          <isin value="US5404241086"/>
          <ticker value="L"/>
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        <balance>5646.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>518923.86000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Saia Inc</name>
        <lei>549300WNPG4N9GBOYB29</lei>
        <title>Saia Inc</title>
        <cusip>78709Y105</cusip>
        <identifiers>
          <isin value="US78709Y1055"/>
          <ticker value="SAIA"/>
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        <balance>666.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>232720.38000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Procter &amp; Gamble Co/The</name>
        <lei>2572IBTT8CCZW6AU4141</lei>
        <title>Procter &amp; Gamble Co/The</title>
        <cusip>742718109</cusip>
        <identifiers>
          <isin value="US7427181091"/>
          <ticker value="PG"/>
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        <balance>7767.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1323652.14000000</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>
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      <invstOrSec>
        <name>CALPINE CORP</name>
        <lei>43R4VPJBXTU2O15HEF41</lei>
        <title>Calpine Corp</title>
        <cusip>131347CQ7</cusip>
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          <isin value="US131347CQ78"/>
          <other otherDesc="SEDOL" value="BN30PL3"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66886.92000000</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>2031-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DBWF Mortgage Trust</name>
        <lei>N/A</lei>
        <title>DBWF Mortgage Trust</title>
        <cusip>23306NAL6</cusip>
        <identifiers>
          <isin value="US23306NAL64"/>
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        <balance>1130000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>994391.98000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.42170400</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CME Group Inc</name>
        <lei>LCZ7XYGSLJUHFXXNXD88</lei>
        <title>CME Group Inc</title>
        <cusip>12572Q105</cusip>
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          <isin value="US12572Q1058"/>
          <ticker value="CME"/>
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        <balance>2567.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>680999.43000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
        <title>Connecticut Avenue Securities Trust 2020-R02</title>
        <cusip>20754WAC9</cusip>
        <identifiers>
          <isin value="US20754WAC91"/>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>102414.22000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-01-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>REPUBLIC OF GUATEMALA</name>
        <lei>529900QKDFFU9UWW5315</lei>
        <title>Guatemala Government Bond</title>
        <cusip>401494AY5</cusip>
        <identifiers>
          <isin value="US401494AY52"/>
          <other otherDesc="SEDOL" value="BSB7LD5"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>250625.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GT</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136B4GR3</cusip>
        <identifiers>
          <isin value="US3136B4GR35"/>
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        <balance>1142961.90000000</balance>
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        <curCd>USD</curCd>
        <valUSD>233531.69000000</valUSD>
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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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          <maturityDt>2039-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
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      <invstOrSec>
        <name>Rollins Inc</name>
        <lei>549300F2A0BXT4SGWD84</lei>
        <title>Rollins Inc</title>
        <cusip>775711104</cusip>
        <identifiers>
          <isin value="US7757111049"/>
          <ticker value="ROL"/>
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        <balance>7638.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>412681.14000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Morgan Stanley BAML Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Bank of America Merrill Lynch Trust 2015-C23</title>
        <cusip>61690QAE9</cusip>
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          <isin value="US61690QAE98"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UKRAINE GOVERNMENT</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government International Bond</title>
        <cusip>903724CG5</cusip>
        <identifiers>
          <isin value="US903724CG59"/>
          <other otherDesc="SEDOL" value="BT06HY3"/>
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        <balance>24187.02000000</balance>
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        <curCd>USD</curCd>
        <valUSD>13363.33000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.01000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REPUBLIC OF GUATEMALA</name>
        <lei>529900QKDFFU9UWW5315</lei>
        <title>Guatemala Government Bond</title>
        <cusip>401494AZ2</cusip>
        <identifiers>
          <isin value="US401494AZ28"/>
          <other otherDesc="SEDOL" value="BSSH1K5"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>199800.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-06</maturityDt>
          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Euronext NV</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Shell PLC</name>
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        <title>Shell PLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Danske Bank A/S</name>
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          <isin value="DK0010274414"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Deutsche Telekom AG</name>
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        <title>Deutsche Telekom AG</title>
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          <isin value="DE0005557508"/>
          <ticker value="DTE"/>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Daiwa House Industry Co Ltd</name>
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        <title>Daiwa House Industry Co Ltd</title>
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          <isin value="JP3505000004"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VIKING CRUISES LTD</name>
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        <title>Viking Cruises Ltd</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <title>SWOP IRS EUR</title>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Sunnova Sol Issuer,LLC</name>
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        <name>Renaissance Home Equity Loan T</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>Altria Group Inc</name>
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        <title>Altria Group Inc</title>
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        <name>Edison International</name>
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        <title>Edison International</title>
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        <name>GOLDMAN SACHS GROUP INC</name>
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        <title>Goldman Sachs Group Inc/The</title>
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        <name>Bain Capital Credit CLO, Limit</name>
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        <name>Applebees/IHOP Funding LLC</name>
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        <name>Capital One Financial Corp</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
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        <name>ALBERTSONS COS/SAFEWAY</name>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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                    <invOthCountry>US</invOthCountry>
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                    <otherRefInst>
                      <issuerName>THE SECURED OVERNIGHT FINANCING RATE</issuerName>
                      <issueTitle>THE SECURED OVERNIGHT FINANCING RATE</issueTitle>
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      <invstOrSec>
        <name>RFM RE-REMIC TRUST 2022-FRR1</name>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>RPM International Inc</name>
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      <invstOrSec>
        <name>FS Rialto Issuer Ltd</name>
        <lei>N/A</lei>
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          <isin value="US30340KAA97"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>ARES CLO Ltd</name>
        <lei>N/A</lei>
        <title>ARES XLIV CLO Ltd</title>
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          <isin value="US04016NAP87"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>398016.00000000</valUSD>
        <pctVal>0.076921721913</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.86359000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>INTERFACE INC</name>
        <lei>549300VXZWQOIDFPU355</lei>
        <title>Interface Inc</title>
        <cusip>458665AS5</cusip>
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          <isin value="US458665AS53"/>
          <other otherDesc="SEDOL" value="BM8RXG3"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68228.68000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ICNQ Mortgage Trust</name>
        <lei>N/A</lei>
        <title>ICNQ 2024-MF Mortgage Trust</title>
        <cusip>450953AA2</cusip>
        <identifiers>
          <isin value="US450953AA28"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>765057.23000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>American Express Co</name>
        <lei>R4PP93JZOLY261QX3811</lei>
        <title>American Express Co</title>
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          <ticker value="AXP"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>SMB Private Education Loan Tru</name>
        <lei>5493000RGRVHYZAIY180</lei>
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        <balance>100000.00000000</balance>
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        <curCd>USD</curCd>
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        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BROADSTREET PARTNERS INC</name>
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        <title>BroadStreet Partners Inc</title>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>DTP Commercial Mortgage Trust</name>
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          <isin value="US23346GAA76"/>
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        <name>Wells Fargo Bank, National Association</name>
        <lei>KB1H1DSPRFMYMCUFXT09</lei>
        <title>CURRENCY CONTRACT - MXN</title>
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      <invstOrSec>
        <name>HP INC0 CP 10 04/10/2025</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>GS Mortgage Securities Trust</name>
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        <title>GSMS Trust 2024-Fair</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Astellas Pharma Inc</name>
        <lei>529900IB708DY2HBBB35</lei>
        <title>Astellas Pharma Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3942400007"/>
          <ticker value="4503"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Bluemountain CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddiemac Strip</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Travelers Cos Inc/The</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Barclays Commercial Mortgage S</name>
        <lei>N/A</lei>
        <title>BBCMS Mortgage Trust 2024-5C29</title>
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          <isin value="US05555PAG72"/>
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        <balance>750000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2021-3</title>
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          <isin value="US46592KAJ16"/>
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        <balance>1000000.00000000</balance>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Secom Co Ltd</name>
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        <title>Secom Co Ltd</title>
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          <isin value="JP3421800008"/>
          <ticker value="9735"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Royal Gold Inc</name>
        <lei>5493001NGRU6SFL04184</lei>
        <title>Royal Gold Inc</title>
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          <isin value="US7802871084"/>
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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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      <invstOrSec>
        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <title>SWOP IRS EUR</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DAIWA CAPITAL MARKETS AMERICA INC.</name>
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        <name>Exelon Corp</name>
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        <title>Exelon Corp</title>
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        <fairValLevel>1</fairValLevel>
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        <name>AMERICAN AIRLINES/AADVAN</name>
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        <title>American Airlines Inc/AAdvantage Loyalty IP Ltd</title>
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        <name>Rockland Park CLO Ltd</name>
        <lei>N/A</lei>
        <title>Rockland Park CLO Ltd</title>
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        <name>Flagstar Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Flagstar Mortgage Trust 2021-2</title>
        <cusip>33852EBQ1</cusip>
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        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Trust 2019-GC42</title>
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        <name>KKR Industrial Portfolio Trust</name>
        <lei>N/A</lei>
        <title>KIND Commercial Mortgage Trust 2024-1</title>
        <cusip>494925AA8</cusip>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Loanpal Solar Loan Ltd.</name>
        <lei>N/A</lei>
        <title>Loanpal Solar Loan 2021-2 Ltd</title>
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        <balance>93726.78000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Evercore Inc</name>
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      <invstOrSec>
        <name>Regency Centers Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
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      <invstOrSec>
        <name>GENERAL MOTORS FINL CO</name>
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      <invstOrSec>
        <name>FHLMC Multifamily Structured P</name>
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        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
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      <invstOrSec>
        <name>HKT Trust &amp; HKT Ltd</name>
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        <invCountry>HK</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2019-B10 Mortgage Trust</title>
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      <invstOrSec>
        <name>MGIC Investment Corp</name>
        <lei>254900S8483WM4M98R28</lei>
        <title>MGIC Investment Corp</title>
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        <name>Repsol SA</name>
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        <title>Repsol SA</title>
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        <invCountry>ES</invCountry>
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      <invstOrSec>
        <name>BX Trust</name>
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        <title>BX Commercial Mortgage Trust 2024-AIRC</title>
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        <name>Wells Fargo Commercial Mortgag</name>
        <lei>5493006021R83VCLAO08</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2018-C45</title>
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        <name>POST HOLDINGS INC</name>
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        <title>Post Holdings Inc</title>
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        <name>BX Trust</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>BX Trust</name>
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        <title>BX Commercial Mortgage Trust 2021-IRON</title>
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        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
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        <name>iShares Russell 1000 Value ETF</name>
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        <title>iShares Russell 1000 Value ETF</title>
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        <name>Novartis AG</name>
        <lei>5493007HIVTX6SY6XD66</lei>
        <title>Novartis AG</title>
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        <invCountry>CH</invCountry>

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        <name>Equity Residential</name>
        <lei>5493008RACSH5EP3PI59</lei>
        <title>Equity Residential</title>
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          <ticker value="EQR"/>
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        <name>Fannie Mae</name>
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        <name>Delta Air Lines Inc</name>
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        <name>Elevance Health Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>UniCredit SpA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PRA GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BARCLAYS BANK PLC</name>
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        <name>Wind River CLO Ltd</name>
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        <name>Wynn Resorts Ltd</name>
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        <name>Navient Student Loan Trust</name>
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        <name>Nokia Oyj</name>
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        <name>Sequoia Mortgage Trust</name>
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        <name>GS Mortgage Securities Trust</name>
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        <name>Aristocrat Leisure Ltd</name>
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        <name>Shackleton CLO LTD</name>
        <lei>549300O6RVX5OXLL7335</lei>
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        <name>State Street Bank and Trust Company</name>
        <lei>571474TGEMMWANRLN572</lei>
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      <invstOrSec>
        <name>ONEOK Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ADIENT GLOBAL HOLDINGS</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
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          <isin value="US05613QAA85"/>
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        <balance>2300000.00000000</balance>
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      <invstOrSec>
        <name>ALBERTSONS COS/SAFEWAY</name>
        <lei>N/A</lei>
        <title>Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC</title>
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          <isin value="US013092AC57"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SS&amp;C Technologies Holdings Inc</name>
        <lei>529900POY8H7NPPNKK71</lei>
        <title>SS&amp;C Technologies Holdings Inc</title>
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          <isin value="US78467J1007"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>General Motors Co</name>
        <lei>54930070NSV60J38I987</lei>
        <title>General Motors Co</title>
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          <isin value="US37045V1008"/>
          <ticker value="GM"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Provident Funding Mortgage Tru</name>
        <lei>N/A</lei>
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          <isin value="US74387MAK53"/>
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      <invstOrSec>
        <name>Fox Corp</name>
        <lei>549300DDU6FDRBIELS05</lei>
        <title>Fox Corp</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP4</title>
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          <isin value="US46645UAV98"/>
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      <invstOrSec>
        <name>Agate Bay Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Agate Bay Mortgage Trust 2015-1</title>
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        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <title>E-MINI RUSS 2000</title>
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      <invstOrSec>
        <name>Flagstar Mortgage Trust</name>
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        <title>Flagstar Mortgage Trust 2018-1</title>
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        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2021-B24 Mortgage Trust</title>
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        <name>NOTA DO TESOURO NACIONAL</name>
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        <title>Brazil Notas do Tesouro Nacional Serie B</title>
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        <name>MEXICAN UDIBONOS</name>
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      <invstOrSec>
        <name>TCW Ltd</name>
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      <invstOrSec>
        <name>INTOWN Mortgage Trust</name>
        <lei>N/A</lei>
        <title>INTOWN 2025-STAY Mortgage Trust</title>
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      <invstOrSec>
        <name>Deutsche Boerse AG</name>
        <lei>529900G3SW56SHYNPR95</lei>
        <title>Deutsche Boerse AG</title>
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          <isin value="DE0005810055"/>
          <ticker value="DB1"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Gam Resecuritization Trust</name>
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      <invstOrSec>
        <name>Ageas SA/NV</name>
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      <invstOrSec>
        <name>Ace Securities Corp.</name>
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        <name>BX Trust</name>
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        <name>Navient Student Loan Trust</name>
        <lei>N/A</lei>
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        <name>Gam Resecuritization Trust</name>
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        <name>Allstate Corp/The</name>
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        <name>STATION CASINOS LLC</name>
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        <name>Keurig Dr Pepper Inc</name>
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        <name>Sequoia Mortgage Trust</name>
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        <name>UBS Commercial Mortgage Trust</name>
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        <name>Morgan Stanley Capital I Trust</name>
        <lei>N/A</lei>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac REMICS</title>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <title>US ULTRA BOND CBT</title>
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        <name>Jardine Matheson Holdings Ltd</name>
        <lei>2138009KENVUNWOLPK41</lei>
        <title>Jardine Matheson Holdings Ltd</title>
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        <invCountry>HK</invCountry>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>549300L45M7638EL0H21</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Magnetite CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
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      <invstOrSec>
        <name>Servpro Master Issuer, LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Commercial Mortgag</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Kongsberg Gruppen ASA</name>
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          <isin value="NO0003043309"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OWENS-BROCKWAY</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-05-15</maturityDt>
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      <invstOrSec>
        <name>Sabra Health Care REIT Inc</name>
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        <title>Sabra Health Care REIT Inc</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Crowdstrike Holdings Inc</name>
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        <title>Crowdstrike Holdings Inc</title>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
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        <name>Recordati Industria Chimica e</name>
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        <name>Principal Financial Group Inc</name>
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        <title>Principal Financial Group Inc</title>
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        <name>Netflix Inc</name>
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        <title>Netflix Inc</title>
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        <name>Imperial Brands PLC</name>
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        <name>SOTERA HEALTH HLDGS LLC</name>
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        <title>Sotera Health Holdings LLC</title>
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        <name>AIB Group PLC</name>
        <lei>635400AKJBGNS5WNQL34</lei>
        <title>AIB Group PLC</title>
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        <name>Comfort Systems USA Inc</name>
        <lei>5299009DT1ZA5HTU6R38</lei>
        <title>Comfort Systems USA Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Gam Resecuritization Trust</name>
        <lei>N/A</lei>
        <title>GAM Re-REMIC Trust 2021-FRR1</title>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Countrywide Alternative Loan T</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2006-13T1</title>
        <cusip>12668BZK2</cusip>
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          <isin value="US12668BZK24"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>H&amp;R Block Inc</name>
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          <isin value="US0936711052"/>
          <ticker value="HRB"/>
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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>GOLDMAN SACHS INTERNATIONAL</name>
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        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00125359"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3018.54000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
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            <amtCurSold>-870640363.00000000</amtCurSold>
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      <invstOrSec>
        <name>Neuberger Berman CLO Ltd</name>
        <lei>549300XVEYZNG956Y145</lei>
        <title>Neuberger Berman CLO XVII Ltd</title>
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          <isin value="US64129UCJ25"/>
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        <balance>620000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-22</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mor</name>
        <lei>N/A</lei>
        <title>JP Morgan Chase Commercial Mortgage Securities Trust 2021-MHC</title>
        <cusip>466330AN7</cusip>
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          <isin value="US466330AN72"/>
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        <balance>770000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>768171.25000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>LADDER CAP FIN LLLP/CORP</name>
        <lei>N/A</lei>
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          <isin value="US505742AM88"/>
          <other otherDesc="SEDOL" value="BJVB6G2"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>180310.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Westinghouse Air Brake Technol</name>
        <lei>06BTX5UWZD0GQ5N5Y745</lei>
        <title>Westinghouse Air Brake Technologies Corp</title>
        <cusip>929740108</cusip>
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          <isin value="US9297401088"/>
          <ticker value="WAB"/>
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        <balance>2731.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>495266.85000000</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>SUNOCO LP/FINANCE CORP</name>
        <lei>N/A</lei>
        <title>Sunoco LP / Sunoco Finance Corp</title>
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          <isin value="US86765LAT44"/>
          <other otherDesc="SEDOL" value="BL545C0"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66355.04000000</valUSD>
        <pctVal>0.012823966711</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Flagstar Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Flagstar Mortgage Trust 2017-1</title>
        <cusip>33850BAG2</cusip>
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          <isin value="US33850BAG23"/>
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        <balance>168430.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>154813.76000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Japan Tobacco Inc</name>
        <lei>353800Z0ENYBQO0XRJ31</lei>
        <title>Japan Tobacco Inc</title>
        <cusip>000000000</cusip>
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          <isin value="JP3726800000"/>
          <ticker value="2914"/>
          <other otherDesc="SEDOL" value="6474535"/>
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        <balance>7800.00000000</balance>
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        <currencyConditional curCd="JPY" exchangeRt="149.99000000"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38382FB37</cusip>
        <identifiers>
          <isin value="US38382FB377"/>
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        <balance>2882829.25000000</balance>
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        <curCd>USD</curCd>
        <valUSD>540255.75000000</valUSD>
        <pctVal>0.104411386888</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Wendy's Co/The</name>
        <lei>529900M0JIUCMWVKHG76</lei>
        <title>Wendy's Co/The</title>
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          <isin value="US95058W1009"/>
          <ticker value="WEN"/>
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        <curCd>USD</curCd>
        <valUSD>263383.89000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MGM RESORTS INTL</name>
        <lei>54930066VBP7DZEGGJ87</lei>
        <title>MGM Resorts International</title>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>183592.58000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
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      <invstOrSec>
        <name>JPMORGAN CHASE BANK, NATIONAL ASSOCIATION</name>
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      <invstOrSec>
        <name>BELLEMEADE RE LT</name>
        <lei>N/A</lei>
        <title>Bellemeade Re 2022-1 Ltd</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
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      <invstOrSec>
        <name>ARCHROCK PARTNERS LP/FIN</name>
        <lei>N/A</lei>
        <title>Archrock Partners LP / Archrock Partners Finance Corp</title>
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        <balance>70000.00000000</balance>
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        <valUSD>70111.44000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>CCO HLDGS LLC/CAP CORP</name>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
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        <name>HERO Funding Trust</name>
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        <name>CLEVELAND-CLIFFS INC</name>
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        <name>Johnson Controls International</name>
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        <name>McCormick &amp; Co Inc/MD</name>
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        <name>Old Republic International Cor</name>
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        <name>Mill City Mortgage Trust</name>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <name>Fannie Mae</name>
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        <name>Freddie Mac</name>
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        <name>ONEMAIN FINANCE CORP</name>
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        <name>Zoetis Inc</name>
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        <name>Reddit Inc</name>
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        <title>Reddit Inc</title>
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        <name>Transurban Group</name>
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        <title>Transurban Group</title>
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        <name>Becton Dickinson &amp; Co</name>
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        <name>GS Mortgage-Backed Securities</name>
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        <name>Aviva PLC</name>
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        <title>Aviva PLC</title>
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        <assetCat>EC</assetCat>
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        <name>KODIAK GAS SERVICES LLC</name>
        <lei>549300ZQBRWEUOVOM131</lei>
        <title>Kodiak Gas Services LLC</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>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Telstra Group Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Allianz SE</name>
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        <title>Allianz SE</title>
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          <isin value="DE0008404005"/>
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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>Scentre Group</name>
        <lei>N/A</lei>
        <title>Scentre Group</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000SCG8"/>
          <ticker value="SCG"/>
          <other otherDesc="SEDOL" value="BLZH0Z7"/>
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        <currencyConditional curCd="AUD" exchangeRt="1.60038000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LCM Ltd Partnership</name>
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          <isin value="US50189GAH56"/>
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        <curCd>USD</curCd>
        <valUSD>691138.86000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-20</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>Porsche Automobil Holding SE</name>
        <lei>52990053Z17ZYM1KFV27</lei>
        <title>Porsche Automobil Holding SE</title>
        <cusip>000000000</cusip>
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          <isin value="DE000PAH0038"/>
          <ticker value="PAH3"/>
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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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      <invstOrSec>
        <name>MATCH GROUP HLD II LLC</name>
        <lei>5493003RFFE030RC9167</lei>
        <title>Match Group Holdings II LLC</title>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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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>INSTALLED BUILDING PRODU</name>
        <lei>549300I95Y9P9YM5FI86</lei>
        <title>Installed Building Products Inc</title>
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          <isin value="US45780RAA95"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MGM RESORTS INTL</name>
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        <title>MGM Resorts International</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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      <invstOrSec>
        <name>Arizona Biltmore Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136ACTN1</cusip>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Central Japan Railway Co</name>
        <lei>353800YAR3OVUITHTG64</lei>
        <title>Central Japan Railway Co</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Takeda Pharmaceutical Co Ltd</name>
        <lei>549300ZLMVP4X0OGR454</lei>
        <title>Takeda Pharmaceutical Co Ltd</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>ARCOSA INC</name>
        <lei>549300WFHLTCZV7D6V29</lei>
        <title>Arcosa Inc</title>
        <cusip>039653AC4</cusip>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SC GAMES HOLDIN/US FINCO</name>
        <lei>N/A</lei>
        <title>Scientific Games Holdings LP/Scientific Games US FinCo Inc</title>
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          <isin value="US80874DAA46"/>
          <other otherDesc="SEDOL" value="BNK9CD4"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66088.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.62500000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kenvue Inc</name>
        <lei>5493008HSF8L4M2LIJ82</lei>
        <title>Kenvue Inc</title>
        <cusip>49177J102</cusip>
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          <isin value="US49177J1025"/>
          <ticker value="KVUE"/>
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        <balance>33201.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>796159.98000000</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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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Taco Bell Funding, LLC</name>
        <lei>N/A</lei>
        <title>Taco Bell Funding LLC</title>
        <cusip>87342RAC8</cusip>
        <identifiers>
          <isin value="US87342RAC88"/>
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        <balance>187500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>187370.46000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.97000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FIESTA PURCHASER INC</name>
        <lei>N/A</lei>
        <title>Fiesta Purchaser Inc</title>
        <cusip>31659AAA4</cusip>
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          <isin value="US31659AAA43"/>
          <other otherDesc="SEDOL" value="BSMM7X1"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72339.47000000</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>2031-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.87500000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ARETEC GROUP INC</name>
        <lei>549300NV2T8A33L0PQ58</lei>
        <title>Aretec Group Inc</title>
        <cusip>040133AA8</cusip>
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          <isin value="US040133AA87"/>
          <other otherDesc="SEDOL" value="BKSDMG0"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>68807.39000000</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>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.50000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>State Street Bank and Trust Company</name>
        <lei>571474TGEMMWANRLN572</lei>
        <title>CURRENCY CONTRACT - USD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00123856"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-162.11000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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              <counterpartyName>State Street Bank and Trust Company</counterpartyName>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Evonik Industries AG</name>
        <lei>41GUOJQTALQHLF39XJ34</lei>
        <title>Evonik Industries AG</title>
        <cusip>000000000</cusip>
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          <isin value="DE000EVNK013"/>
          <ticker value="EVK"/>
          <other otherDesc="SEDOL" value="B5ZQ9D3"/>
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        <balance>7290.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92481000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2023-V3 Mortgage Trust</title>
        <cusip>08163VAC1</cusip>
        <identifiers>
          <isin value="US08163VAC19"/>
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        <balance>650000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>677956.89000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-07-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.36290000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ALTA EQUIPMENT GROUP</name>
        <lei>549300DGOB28CLGS1X27</lei>
        <title>Alta Equipment Group Inc</title>
        <cusip>02128LAC0</cusip>
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          <isin value="US02128LAC00"/>
          <other otherDesc="SEDOL" value="BRJNZB4"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>61319.13000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ingredion Inc</name>
        <lei>PKSTQ48QDN0XSVS7YK88</lei>
        <title>Ingredion Inc</title>
        <cusip>457187102</cusip>
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          <isin value="US4571871023"/>
          <ticker value="INGR"/>
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        <balance>3304.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>446733.84000000</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>
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      <invstOrSec>
        <name>Countrywide Alternative Loan T</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2007-23CB</title>
        <cusip>02151EAC6</cusip>
        <identifiers>
          <isin value="US02151EAC66"/>
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        <balance>21955.84000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8036.60000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.93459000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Suncorp Group Ltd</name>
        <lei>549300BVOKRTHDIWVT46</lei>
        <title>Suncorp Group Ltd</title>
        <cusip>000000000</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>OneMain Holdings Inc</name>
        <lei>549300E3VEW8SMS5XW09</lei>
        <title>OneMain Holdings Inc</title>
        <cusip>68268W103</cusip>
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          <isin value="US68268W1036"/>
          <ticker value="OMF"/>
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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>GATES CORPORATION/DE</name>
        <lei>984500F43C791F4C7894</lei>
        <title>Gates Corp/DE</title>
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          <isin value="US367398AA27"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Intertek Group PLC</name>
        <lei>2138003GAT25WW1RN369</lei>
        <title>Intertek Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0031638363"/>
          <ticker value="ITRK"/>
          <other otherDesc="SEDOL" value="3163836"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Tesla Inc</name>
        <lei>54930043XZGB27CTOV49</lei>
        <title>Tesla Inc</title>
        <cusip>88160R101</cusip>
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          <ticker value="TSLA"/>
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        <balance>4086.00000000</balance>
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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>STANDARD CHARTERED BANK</name>
        <lei>RILFO74KP1CM8P6PCT96</lei>
        <title>CURRENCY CONTRACT - MXN</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MACY'S RETAIL HLDGS LLC</name>
        <lei>N/A</lei>
        <title>Macy's Retail Holdings LLC</title>
        <cusip>55617LAR3</cusip>
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          <isin value="US55617LAR33"/>
          <other otherDesc="SEDOL" value="BP960B4"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>64091.45000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.12500000</annualizedRt>
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        <securityLending>
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        <name>WAMU Mortgage Pass-Through Cer</name>
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          <isin value="US93363NAH89"/>
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      <invstOrSec>
        <name>RHP HOTEL PPTY/RHP FINAN</name>
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      <invstOrSec>
        <name>HUNT OIL CO OF PERU</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Unum Group</name>
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      <invstOrSec>
        <name>Banc of America Commercial Mor</name>
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      <invstOrSec>
        <name>VENTURE GLOBAL LNG INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ANA Holdings Inc</name>
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          <isin value="JP3429800000"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Verus Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PERMIAN RESOURC OPTG LLC</name>
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        <title>Permian Resources Operating LLC</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>Leidos Holdings Inc</name>
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        <name>FS Trust</name>
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        <name>GS Mortgage-Backed Securities</name>
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        <name>T-Mobile US Inc</name>
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        <name>Microsoft Corp</name>
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        <title>Microsoft Corp</title>
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        <name>Hikma Pharmaceuticals PLC</name>
        <lei>549300BNS685UXH4JI75</lei>
        <title>Hikma Pharmaceuticals PLC</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BRINK'S CO/THE</name>
        <lei>XFP140TFNOQMIVFTVQ13</lei>
        <title>Brink's Co/The</title>
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      <invstOrSec>
        <name>CLEVELAND-CLIFFS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Neuberger Berman CLO Ltd</name>
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      <invstOrSec>
        <name>OCP CLO Ltd</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TELEFLEX INC</name>
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        <title>Teleflex Inc</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-01</maturityDt>
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      <invstOrSec>
        <name>Cboe Global Markets Inc</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>AGC Inc</name>
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          <isin value="JP3112000009"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CASCADES INC/USA INC</name>
        <lei>N/A</lei>
        <title>Cascades Inc/Cascades USA Inc</title>
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          <isin value="US14739LAB80"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67904.40000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Octagon Investment Partners 43</name>
        <lei>N/A</lei>
        <title>Octagon Investment Partners 43 Ltd</title>
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          <isin value="US67573LAQ23"/>
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        <curCd>USD</curCd>
        <valUSD>651732.90000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-10-25</maturityDt>
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        <name>Mosaic Solar Loans LLC</name>
        <lei>N/A</lei>
        <title>Mosaic Solar Loans 2017-2 LLC</title>
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        <name>Starbucks Corp</name>
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        <title>Starbucks Corp</title>
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        <name>Pearson PLC</name>
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        <title>Pearson PLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <name>PERMIAN RESOURC OPTG LLC</name>
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        <title>Permian Resources Operating LLC</title>
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        <name>BRINK'S CO/THE</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>Johnson &amp; Johnson</name>
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        <title>Johnson &amp; Johnson</title>
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        <name>Citigroup Commercial Mortgage</name>
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        <name>GRAHAM PACKAGING/GPC CAP</name>
        <lei>549300YS0ZFT826HIK72</lei>
        <title>Graham Packaging Co Inc</title>
        <cusip>384701AA6</cusip>
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        <name>AbbVie Inc</name>
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      <invstOrSec>
        <name>Wingstop Funding LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ono Pharmaceutical Co Ltd</name>
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          <isin value="JP3197600004"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Navient Student Loan Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Orkla ASA</name>
        <lei>549300PZS8G8RG6RVZ52</lei>
        <title>Orkla ASA</title>
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          <isin value="NO0003733800"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>CBAM CLO Management LLC</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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      <invstOrSec>
        <name>Mosaic Solar Loans LLC</name>
        <lei>N/A</lei>
        <title>Mosaic Solar Loan Trust 2020-2</title>
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      <invstOrSec>
        <name>Sumitomo Mitsui Trust Group In</name>
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          <isin value="JP3892100003"/>
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        <name>Monday.com Ltd</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>API GROUP DE INC</name>
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        <title>APi Group DE Inc</title>
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        <name>Gam Resecuritization Trust</name>
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        <title>GAM RE-REMIC Trust 2022-FRR3</title>
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        <name>HYUNDAI CAPITAL AMERICA</name>
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        <title>Hyundai Capital America</title>
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        <name>Mowi ASA</name>
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        <name>BX Trust</name>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
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        <title>JP Morgan Mortgage Trust 2020-5</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Origin Energy Ltd</name>
        <lei>ZSN2LWNPYW6ISMRUC664</lei>
        <title>Origin Energy Ltd</title>
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        <invCountry>AU</invCountry>
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        <name>Wells Fargo Bank, National Association</name>
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        <name>Baloise Holding AG</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Equitable Holdings Inc</name>
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        <name>Sequoia Mortgage Trust</name>
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        <name>Bank Leumi Le-Israel BM</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>Kraft Heinz Co/The</name>
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        <name>Asahi Kasei Corp</name>
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        <name>Sequoia Mortgage Trust</name>
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        <name>BAE Systems PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
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        <name>Wells Fargo Commercial Mortgag</name>
        <lei>549300ZJL46M82UL2Z22</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Axon Enterprise Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WENDYS FUNDING LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Bank, National Association</name>
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          <ticker value="N/A"/>
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      <invstOrSec>
        <name>ONEMAIN FINANCE CORP</name>
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        <title>OneMain Finance Corp</title>
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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>Aena SME SA</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>5493000IS4CDPWRMWB65</lei>
        <title>Freddie Mac STACR REMIC Trust 2022-DNA4</title>
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          <isin value="US35564KWT23"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2042-05-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bridgestone Corp</name>
        <lei>549300DHPOF90OYYD780</lei>
        <title>Bridgestone Corp</title>
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          <isin value="JP3830800003"/>
          <ticker value="5108"/>
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        <balance>5100.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CAESARS ENTERTAIN INC</name>
        <lei>549300FA4CTCW903Y781</lei>
        <title>Caesars Entertainment Inc</title>
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          <isin value="US12769GAC42"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Magnetite CLO Ltd</name>
        <lei>549300F7COUCG1RROP29</lei>
        <title>Magnetite XXVI Ltd</title>
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        <invCountry>KY</invCountry>
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        <name>PRIME SECSRVC BRW/FINANC</name>
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        <name>Sumitomo Corp</name>
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        <title>Sumitomo Corp</title>
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          <isin value="JP3404600003"/>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fortive Corp</name>
        <lei>549300MU9YQJYHDQEF63</lei>
        <title>Fortive Corp</title>
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          <isin value="US34959J1088"/>
          <ticker value="FTV"/>
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        <assetCat>EC</assetCat>
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        <name>Gam Resecuritization Trust</name>
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      <invstOrSec>
        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <title>CURRENCY CONTRACT - USD</title>
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        <name>REPUBLIC OF CHILE</name>
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        <title>Chile Government International Bond</title>
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          <other otherDesc="SEDOL" value="BMXTZ02"/>
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        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Entergy Corp</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp</title>
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          <ticker value="ETR"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
        <title>Connecticut Avenue Securities Trust 2023-R04</title>
        <cusip>20754QAF5</cusip>
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        <name>Cisco Systems Inc</name>
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        <name>MADISON IAQ LLC</name>
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        <name>Sequoia Mortgage Trust</name>
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        <name>NetApp Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sumitomo Electric Industries L</name>
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        <title>Sumitomo Electric Industries Ltd</title>
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        <name>Driven Brands Funding, LLC</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>Engie SA</name>
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        <name>Comcast Corp</name>
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        <name>Sunrun Issuer</name>
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        <name>Intercontinental Exchange Inc</name>
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        <name>Zimmer Biomet Holdings Inc</name>
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        <name>VFH PARENT / VALOR CO</name>
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        <name>ENCOMPASS HEALTH CORP</name>
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        <title>Encompass Health Corp</title>
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        <name>DuPont de Nemours Inc</name>
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        <name>Nitto Denko Corp</name>
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        <name>Digital Realty Trust Inc</name>
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        <title>Digital Realty Trust Inc</title>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <name>Fannie Mae</name>
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        <name>West Japan Railway Co</name>
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        <name>Freddie Mac</name>
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          <annualizedRt>0.60522600</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Chevron Corp</name>
        <lei>N/A</lei>
        <title>Chevron Corp</title>
        <cusip>166764100</cusip>
        <identifiers>
          <isin value="US1667641005"/>
          <ticker value="CVX"/>
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        <balance>1136.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>190041.44000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AppLovin Corp</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>AppLovin Corp</title>
        <cusip>03831W108</cusip>
        <identifiers>
          <isin value="US03831W1080"/>
          <ticker value="APP"/>
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        <balance>1815.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>480920.55000000</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>LADDER CAP FIN LLLP/CORP</name>
        <lei>N/A</lei>
        <title>Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp</title>
        <cusip>505742AP1</cusip>
        <identifiers>
          <isin value="US505742AP10"/>
          <other otherDesc="SEDOL" value="BNHV192"/>
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        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66715.36000000</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>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>LBA Trust</name>
        <lei>N/A</lei>
        <title>LBA Trust 2024-BOLT</title>
        <cusip>50177BAA5</cusip>
        <identifiers>
          <isin value="US50177BAA52"/>
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        <balance>750000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>749284.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.91028000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UBS AG</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
        <title>SWOP IRS EUR</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="MM006014A"/>
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        <balance>2458000.00000000</balance>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="SWO">
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            <putOrCall>Put</putOrCall>
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                  <derivAddlInfo>
                    <name>UBS AG</name>
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                    <title>IRS EUR</title>
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                      <other otherDesc="INTERNAL" value="MM006014ASO"/>
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                    <balance>0.00000000</balance>
                    <units>NC</units>
                    <currencyConditional curCd="EUR" exchangeRt="0.00000000"/>
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                    <invOthCountry>US</invOthCountry>
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            <exercisePrice>3.00000000</exercisePrice>
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            <delta>XXXX</delta>
            <unrealizedAppr>-12447.55000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HUDBAY MINERALS INC</name>
        <lei>549300WI524AL577IX21</lei>
        <title>Hudbay Minerals Inc</title>
        <cusip>443628AJ1</cusip>
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          <isin value="US443628AJ11"/>
          <other otherDesc="SEDOL" value="BLB4YV6"/>
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        <balance>255000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136ARQ27</cusip>
        <identifiers>
          <isin value="US3136ARQ277"/>
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        <balance>5060626.87380000</balance>
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        <curCd>USD</curCd>
        <valUSD>540361.09000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.59583000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RELX PLC</name>
        <lei>549300WSX3VBUFFJOO66</lei>
        <title>RELX PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B2B0DG97"/>
          <ticker value="REL"/>
          <other otherDesc="SEDOL" value="B2B0DG9"/>
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        <currencyConditional curCd="GBP" exchangeRt="0.77414000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Barclays Commercial Mortgage S</name>
        <lei>N/A</lei>
        <title>BBCMS Mortgage Trust 2024-5C31</title>
        <cusip>07336YAF2</cusip>
        <identifiers>
          <isin value="US07336YAF25"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>990953.90000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-12-15</maturityDt>
          <couponKind>Variable</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Washington Mutual Mortgage Pas</name>
        <lei>N/A</lei>
        <title>Washington Mutual Mortgage Pass-Through Certificates WMALT Series 2006-AR6 Trust</title>
        <cusip>93935FAC5</cusip>
        <identifiers>
          <isin value="US93935FAC59"/>
          <other otherDesc="SEDOL" value="B7QPBG0"/>
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        <balance>114034.70000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63133.02000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-08-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Fanniemae Strip</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Interest Strip</title>
        <cusip>3136FG5J2</cusip>
        <identifiers>
          <isin value="US3136FG5J21"/>
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        <balance>2887065.25000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NEXTERA ENERGY CAPITAL</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings Inc</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Honda Auto Receivables Owner T</name>
        <lei>N/A</lei>
        <title>Honda Auto Receivables 2024-1 Owner Trust</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136AFGB4</cusip>
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        <name>BDS Ltd</name>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>CURRENCY CONTRACT - USD</title>
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        <invCountry>US</invCountry>
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        <name>Suntory Beverage &amp; Food Ltd</name>
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        <name>BBCCRE Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BAYTEX ENERGY CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COMMONBOND STUDENT LOAN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Loanpal Solar Loan Ltd.</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Arroyo Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NNN REIT Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Health Care Select Sector SPDR Fund</name>
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      <invstOrSec>
        <name>Black Hills Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rithm Capital Corp</name>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Smiths Group PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Amdocs Ltd</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bank of America, National Association</name>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00127048"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Gilead Sciences Inc</name>
        <lei>549300WTZWR07K8MNV44</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ELM Trust 2024</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC Holdings PLC</name>
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        <title>HSBC Holdings PLC</title>
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          <isin value="GB0005405286"/>
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        <assetCat>EC</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STANDARD INDUSTRI INC/NY</name>
        <lei>N/A</lei>
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          <isin value="US853496AC17"/>
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        <balance>185000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ENCINO ACQUISITION PARTN</name>
        <lei>549300BUKUEKT2UE4T49</lei>
        <title>Encino Acquisition Partners Holdings LLC</title>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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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>Carrefour SA</name>
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        <title>Carrefour SA</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Computershare Ltd</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHS/COMMUNITY HEALTH SYS</name>
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        <title>CHS/Community Health Systems Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage</name>
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        <title>Citigroup Commercial Mortgage Trust 2019-GC41</title>
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        <name>SIG Group AG</name>
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        <title>SIG Group AG</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <title>SWOP IRS EUR</title>
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        <name>Countrywide Alternative Loan T</name>
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        <name>Social Professional Loan Progr</name>
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        <name>Navient Student Loan Trust</name>
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        <title>Morgan Stanley</title>
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      <invstOrSec>
        <name>IRV Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oracle Corp Japan</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TD SECURITIES (USA) LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Wells Fargo Bank, National Association</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AECOM</name>
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        <title>AECOM</title>
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          <isin value="US00766T1007"/>
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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>NIKE Inc</name>
        <lei>787RXPR0UX0O0XUXPZ81</lei>
        <title>NIKE Inc</title>
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          <isin value="US6541061031"/>
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        <balance>1683.00000000</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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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136B3TM2</cusip>
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          <isin value="US3136B3TM28"/>
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        <balance>118730.56000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-25</maturityDt>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>3137ACP94</cusip>
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          <isin value="US3137ACP949"/>
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        <balance>340654.97000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-01-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Hundred Acre Wood Trust</name>
        <lei>N/A</lei>
        <title>Hundred Acre Wood Trust 2021-INV1</title>
        <cusip>44590HBD7</cusip>
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          <isin value="US44590HBD70"/>
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        <balance>726239.61000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>RBC DOMINION SECURITIES INC.</name>
        <lei>549300QJJX6CVVUXLE15</lei>
        <title>RBC DOMINION SECURITIES INC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
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        <name>STANDARD INDUSTRI INC/NY</name>
        <lei>N/A</lei>
        <title>Standard Industries Inc/NY</title>
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      <invstOrSec>
        <name>Kirin Holdings Co Ltd</name>
        <lei>353800GBVL72LLMTYM96</lei>
        <title>Kirin Holdings Co Ltd</title>
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          <isin value="JP3258000003"/>
          <ticker value="2503"/>
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        <assetCat>EC</assetCat>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Aker BP ASA</name>
        <lei>549300NFTY73920OYK69</lei>
        <title>Aker BP ASA</title>
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          <isin value="NO0010345853"/>
          <ticker value="AKRBP"/>
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        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Klepierre SA</name>
        <lei>969500PB4U31KEFHZ621</lei>
        <title>Klepierre SA</title>
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          <ticker value="LI"/>
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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>GOLDMAN SACHS INTERNATIONAL</name>
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        <title>CURRENCY CONTRACT - USD</title>
        <cusip>000000000</cusip>
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      <invstOrSec>
        <name>Citigroup Commercial Mortgage</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2018-C5</title>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Kemper Corp</name>
        <lei>549300FNI1JKTRY2PV09</lei>
        <title>Kemper Corp</title>
        <cusip>488401100</cusip>
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          <isin value="US4884011002"/>
          <ticker value="KMPR"/>
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        <balance>2124.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
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          <isin value="US816935AU45"/>
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      <invstOrSec>
        <name>Navient Student Loan Trust</name>
        <lei>N/A</lei>
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          <isin value="US63935CAB72"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>iShares MSCI EAFE Value ETF</name>
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        <title>iShares MSCI EAFE Value ETF</title>
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          <isin value="US4642888774"/>
          <ticker value="EFV"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SMB Private Education Loan Tru</name>
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          <isin value="US83207VAA61"/>
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        <name>Avnet Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fisher &amp; Paykel Healthcare Cor</name>
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        <name>Zurich Insurance Group AG</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>Arthur J Gallagher &amp; Co</name>
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        <name>Eastman Chemical Co</name>
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        <name>New York Times Co/The</name>
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        <name>Amazon.com Inc</name>
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        <name>Homebanc Mortgage Trust</name>
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        <name>UnitedHealth Group Inc</name>
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        <name>Prudential Financial Inc</name>
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        <name>FHLMC Multifamily Structured P</name>
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        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
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        <name>PG&amp;E Corp</name>
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        <name>GRAHAM HOLDINGS CO</name>
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        <name>Citibank, National Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GS Mortgage Securities Trust</name>
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        <name>Sunrun Issuer</name>
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        <name>Republic Services Inc</name>
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        <name>3M Co</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Koninklijke KPN NV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddiemac Strip</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Strips</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136AE4R5</cusip>
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        <balance>992939.38000000</balance>
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        <name>MOSS CREEK RESOURCES HLD</name>
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        <title>Moss Creek Resources Holdings Inc</title>
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        <name>NOMURA GLOBAL FINANCIAL PRODUCTS INC.</name>
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        <name>OCTAGON LOAN FUNDING LTD</name>
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        <name>NN Group NV</name>
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        <name>National Fuel Gas Co</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>National Fuel Gas Co</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Simon Property Group Inc</name>
        <lei>529900GQL5X8H7AO3T64</lei>
        <title>Simon Property Group Inc</title>
        <cusip>828806109</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>MICHAELS COS INC/THE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DBS Group Holdings Ltd</name>
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        <invCountry>SG</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BX Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AMETEK Inc</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>UBS AG</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GROUP 1 AUTOMOTIVE INC</name>
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        <title>Group 1 Automotive Inc</title>
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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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      <invstOrSec>
        <name>ONEOK INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Carlyle Global Market Strategi</name>
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        <name>CART</name>
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        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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        <name>Neuberger Berman CLO Ltd</name>
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        <title>Neuberger Berman Loan Advisers CLO 25 Ltd</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BPER Banca SPA</name>
        <lei>N747OI7JINV7RUUH6190</lei>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NCL CORPORATION LTD</name>
        <lei>UNZWILHE4KMRP9K2L524</lei>
        <title>NCL Corp Ltd</title>
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        <fairValLevel>2</fairValLevel>
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        <name>NESCO HOLDINGS II INC</name>
        <lei>254900FAHT0HW9T6L409</lei>
        <title>NESCO Holdings II Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BNP Paribas (Suisse) SA</name>
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        <title>CURRENCY CONTRACT - BRL</title>
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        <name>Morgan Stanley Capital I Trust</name>
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        <name>Daito Trust Cons</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <name>FHLMC Multifamily Structured P</name>
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        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
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        <name>Intesa Sanpaolo SpA</name>
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        <title>ServiceNow Inc</title>
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        <title>TIS Inc</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ACADIA HEALTHCARE CO INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>iShares Core S&amp;P Mid-Cap ETF</name>
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          <isin value="US4642875078"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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            <delta>XXXX</delta>
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      <invstOrSec>
        <name>Ford Credit Auto Owner Trust/F</name>
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          <isin value="US34528EAC57"/>
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      <invstOrSec>
        <name>SGS SA</name>
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        <invCountry>CH</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Baker Hughes Co</name>
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          <isin value="US05722G1004"/>
          <ticker value="BKR"/>
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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>US TREASURY N/B</name>
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        <title>United States Treasury Note/Bond</title>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.25000000</annualizedRt>
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      <invstOrSec>
        <name>General Dynamics Corp</name>
        <lei>9C1X8XOOTYY2FNYTVH06</lei>
        <title>General Dynamics Corp</title>
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          <isin value="US3695501086"/>
          <ticker value="GD"/>
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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>Xcel Energy Inc</name>
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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>SENSATA TECHNOLOGIES INC</name>
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        <title>Sensata Technologies Inc</title>
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        <balance>70000.00000000</balance>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Birch Grove CLO Ltd.</name>
        <lei>254900VS6E4BD1HWHW18</lei>
        <title>Birch Grove Clo 9 Ltd</title>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <name>FHLMC Multifamily Structured P</name>
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        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Link REIT</name>
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        <title>Link REIT</title>
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          <isin value="HK0823032773"/>
          <ticker value="823"/>
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        <invCountry>HK</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <title>SWOP IRS EUR</title>
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      <invstOrSec>
        <name>Mid-America Apartment Communit</name>
        <lei>549300FQZKFR5YNSHZ21</lei>
        <title>Mid-America Apartment Communities Inc</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MSILF Government Portfolio</name>
        <lei>549300BI6Y5SI6BYPB26</lei>
        <title>MSILF Government Portfolio</title>
        <cusip>61747C707</cusip>
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        <name>Lockheed Martin Corp</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>BMD2 Re-REMIC Trust</name>
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        <name>Vanguard FTSE Emerging Markets ETF</name>
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        <name>Government National Mortgage A</name>
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        <name>GS Mortgage Securities Trust</name>
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        <name>ACRISURE LLC / FIN INC</name>
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        <name>Eisai Co Ltd</name>
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        <name>Social Professional Loan Progr</name>
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        <name>Bayview Opportunity Master Fun</name>
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        <name>UNITED RENTALS NORTH AM</name>
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        <name>Gaming and Leisure Properties</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KINETIK HOLDINGS LP</name>
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      <invstOrSec>
        <name>Bank of America, National Association</name>
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      <invstOrSec>
        <name>Equinor ASA</name>
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      <invstOrSec>
        <name>AB BSL CLO</name>
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      <invstOrSec>
        <name>Wind River CLO Ltd</name>
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      <invstOrSec>
        <name>Fannie Mae</name>
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      <invstOrSec>
        <name>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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      <invstOrSec>
        <name>Valero Energy Corp</name>
        <lei>549300XTO5VR8SKV1V74</lei>
        <title>Valero Energy Corp</title>
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      <invstOrSec>
        <name>IMOLA MERGER CORP</name>
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        <title>Imola Merger Corp</title>
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      <invstOrSec>
        <name>FREMF Mortgage Trust</name>
        <lei>N/A</lei>
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        <name>HTL Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>HTL Commercial Mortgage Trust 2024-T53</title>
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        <balance>800000.00000000</balance>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <name>Eaton Vance CDO Ltd</name>
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        <name>Kajima Corp</name>
        <lei>N/A</lei>
        <title>Kajima Corp</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ABB Ltd</name>
        <lei>5493000LKVGOO9PELI61</lei>
        <title>ABB Ltd</title>
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        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>5493000ISE4NWBTOSK36</lei>
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      <invstOrSec>
        <name>Freddie Mac</name>
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      <invstOrSec>
        <name>Countrywide Alternative Loan T</name>
        <lei>N/A</lei>
        <title>Alternative Loan Trust 2004-J7</title>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <balance>1504521.76000000</balance>
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      <invstOrSec>
        <name>Dryden Senior Loan Fund</name>
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      <invstOrSec>
        <name>Boca Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BOCA Commercial Mortgage Trust 2024-BOCA</title>
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        <name>Watts Water Technologies Inc</name>
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        <title>Watts Water Technologies Inc</title>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>LIFEPOINT HEALTH INC</name>
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        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
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        <name>Mello Mortgage Capital Accepta</name>
        <lei>N/A</lei>
        <title>Mello Mortgage Capital Acceptance 2018-MTG2</title>
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        <name>META PLATFORMS INC</name>
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        <title>Meta Platforms Inc</title>
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        <name>Gam Resecuritization Trust</name>
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        <name>Columbia Sportswear Co</name>
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        <title>Columbia Sportswear Co</title>
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        <name>Union Pacific Corp</name>
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        <title>Union Pacific Corp</title>
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        <name>Tryg A/S</name>
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        <title>Tryg A/S</title>
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        <invCountry>DK</invCountry>
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        <name>Scout24 SE</name>
        <lei>5493007EIKM2ENQS7U66</lei>
        <title>Scout24 SE</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Vulcan Materials Co</name>
        <lei>549300Q8LSNHAVWBNI21</lei>
        <title>Vulcan Materials Co</title>
        <cusip>929160109</cusip>
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          <isin value="US9291601097"/>
          <ticker value="VMC"/>
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        <balance>1349.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>314721.70000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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          <other otherDesc="INTERNAL" value="MM005PEJG"/>
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        <balance>-1842000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>DEUTSCHE BANK AKTIENGESELLSCHAFT</counterpartyName>
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            <writtenOrPur>Written</writtenOrPur>
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                  <derivAddlInfo>
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                      <other otherDesc="INTERNAL" value="289711_MM005PEJG_DB_B"/>
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                    <invOthCountry>US</invOthCountry>
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                  <curPur>TRY</curPur>
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            <principalAmt>0.01000000</principalAmt>
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            <expDt>2025-11-07</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>5475.76000000</unrealizedAppr>
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      </invstOrSec>
      <invstOrSec>
        <name>CLOUD SOFTWARE GRP INC</name>
        <lei>04EEB871XLHVNY4RZJ65</lei>
        <title>Cloud Software Group Inc</title>
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          <isin value="US88632QAE35"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>arbor multifamily mortgage sec</name>
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          <isin value="US03881VAW90"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>367950.00000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>LIGHTNING POWER LLC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>GSK PLC</name>
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          <isin value="GB00BN7SWP63"/>
          <ticker value="GSK"/>
          <other otherDesc="SEDOL" value="BN7SWP6"/>
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        <balance>5535.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YFG5</cusip>
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          <isin value="US61747YFG52"/>
          <other otherDesc="SEDOL" value="BNTDVT6"/>
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        <balance>6000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6071.92000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
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        <title>GS Mortgage Securities Corp Trust 2023-SHIP</title>
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          <isin value="US36270GAE17"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>600869.76000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>Enel SpA</name>
        <lei>WOCMU6HCI0OJWNPRZS33</lei>
        <title>Enel SpA</title>
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          <isin value="IT0003128367"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Citigroup Mortgage Loan Trust 2006-AR2</title>
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          <isin value="US17307G6K99"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BOC Hong Kong Holdings Ltd</name>
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        <title>BOC Hong Kong Holdings Ltd</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CLI Funding LLC</name>
        <lei>549300NQLBWJD5AREU05</lei>
        <title>CLI Funding VI LLC</title>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
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        <title>SWOP IRS USD</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Skyworks Solutions Inc</name>
        <lei>549300WZ3ORQ2BVKBD96</lei>
        <title>Skyworks Solutions Inc</title>
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        <name>Hewlett Packard Enterprise Co</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>Hewlett Packard Enterprise Co</title>
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          <ticker value="HPE"/>
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        <name>Countrywide Alternative Loan T</name>
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        <title>Alternative Loan Trust 2005-J2</title>
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        <balance>61704.29000000</balance>
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      <invstOrSec>
        <name>ING Groep NV</name>
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        <name>ENERFLEX LTD</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Acuity Inc</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Bank of New York Mellon Corp/T</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Social Professional Loan Progr</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>3136AKNQ2</cusip>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Fresenius SE &amp; Co KGaA</name>
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        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>UNITED AIRLINES INC</name>
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        <name>BX Trust</name>
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        <name>Wells Fargo Commercial Mortgag</name>
        <lei>N/A</lei>
        <title>Wells Fargo Commercial Mortgage Trust 2025-VTT</title>
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        <name>WAMU Mortgage Pass-Through Cer</name>
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        <name>Vertex Pharmaceuticals Inc</name>
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        <name>EOG Resources Inc</name>
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        <name>NOVELIS CORP</name>
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        <name>Lowe's Cos Inc</name>
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        <title>Lowe's Cos Inc</title>
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        <name>MF1 Multifamily Housing Mortga</name>
        <lei>N/A</lei>
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        <name>BARCLAYS BANK PLC</name>
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        <title>SWOP IRS USD</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Social Professional Loan Progr</name>
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        <name>Bristol-Myers Squibb Co</name>
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      <invstOrSec>
        <name>Wolters Kluwer NV</name>
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      <invstOrSec>
        <name>Bank</name>
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          <isin value="US06650AAG22"/>
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        <curCd>USD</curCd>
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      <invstOrSec>
        <name>Spotify Technology SA</name>
        <lei>549300B4X0JHWV0DTD60</lei>
        <title>Spotify Technology SA</title>
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          <isin value="LU1778762911"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>SE</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NOVELIS CORP</name>
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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>General Mills Inc</name>
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        <title>General Mills Inc</title>
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          <isin value="US3703341046"/>
          <ticker value="GIS"/>
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        <invCountry>US</invCountry>
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        <name>OPEN TEXT CORP</name>
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        <invCountry>CA</invCountry>
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        <name>Kinder Morgan Inc</name>
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        <invCountry>US</invCountry>
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        <name>PENSKE TRUCK LEASING/PTL</name>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>BKW AG</name>
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        <title>BKW AG</title>
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        <invCountry>CH</invCountry>
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        <name>Countrywide Alternative Loan T</name>
        <lei>N/A</lei>
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        <name>Prosperity Bancshares Inc</name>
        <lei>N/A</lei>
        <title>Prosperity Bancshares Inc</title>
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        <invCountry>US</invCountry>
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        <name>Brown &amp; Brown Inc</name>
        <lei>549300PC8KTJ71XKFY89</lei>
        <title>Brown &amp; Brown Inc</title>
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          <ticker value="BRO"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>FHLMC Multifamily Structured P</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Multifamily Structured Pass Through Certificates</title>
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        <name>Amdocs Ltd</name>
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        <name>Freddie Mac</name>
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        <name>(Sunnova) Aurora I Issuer, LLC</name>
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        <name>Fanniemae Strip</name>
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        <name>Barclays Commercial Mortgage S</name>
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        <name>Insurance Australia Group Ltd</name>
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      <invstOrSec>
        <name>Viatris Inc</name>
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      <invstOrSec>
        <name>OSD CLO 2023-27, Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Erste Group Bank AG</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Magnetite CLO Ltd</name>
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        <title>Magnetite XXXI Ltd</title>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Benefit Street Partners CLO Lt</name>
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          <isin value="US08186VAJ98"/>
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      <invstOrSec>
        <name>Mill City Solar Loan 2019-2 Lt</name>
        <lei>N/A</lei>
        <title>Mill City Solar Loan 2019-2 Ltd</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Wells Fargo &amp; Co</name>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Sekisui Chemical Co Ltd</name>
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        <title>Sekisui Chemical Co Ltd</title>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>RLJ LODGING TRUST LP</name>
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        <name>Motorola Solutions Inc</name>
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        <name>Tokyo Metro Co Ltd</name>
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        <title>Tokyo Metro Co Ltd</title>
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        <name>Meta Platforms Inc</name>
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        <name>Onslow Bay Financial LLC</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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        <name>JPMORGAN CHASE &amp; CO</name>
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        <title>JPMorgan Chase &amp; Co</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Brixmor Property Group Inc</name>
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          <ticker value="BRX"/>
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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>Freddie Mac - STACR</name>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Nyack Park CLO, Ltd.</name>
        <lei>N/A</lei>
        <title>NYACK Park CLO Ltd</title>
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          <isin value="US67080PAJ57"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500414.50000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-20</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Trust 2018-GS9</title>
        <cusip>36255NAT2</cusip>
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          <isin value="US36255NAT28"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-03-10</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>WAMU Mortgage Pass-Through Cer</name>
        <lei>N/A</lei>
        <title>WaMu Mortgage Pass-Through Certificates Series 2005-AR11 Trust</title>
        <cusip>92922F2N7</cusip>
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          <isin value="US92922F2N70"/>
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        <balance>27354.15000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-08-25</maturityDt>
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      <invstOrSec>
        <name>Datadog Inc</name>
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        <title>Datadog Inc</title>
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          <isin value="US23804L1035"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DREAM FINDERS HOMES INC</name>
        <lei>N/A</lei>
        <title>Dream Finders Homes Inc</title>
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        <balance>70000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FinecoBank Banca Fineco SpA</name>
        <lei>549300L7YCATGO57ZE10</lei>
        <title>FinecoBank Banca Fineco SpA</title>
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          <isin value="IT0000072170"/>
          <ticker value="FBK"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank</name>
        <lei>N/A</lei>
        <title>BANK 2019-BNK16</title>
        <cusip>065405AJ1</cusip>
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          <isin value="US065405AJ11"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2052-02-15</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>TRS FVA USDINR</title>
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        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BDS Ltd</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136BFGH0</cusip>
        <identifiers>
          <isin value="US3136BFGH06"/>
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        <balance>9342201.32000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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          <maturityDt>2051-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CK Hutchison Holdings Ltd</name>
        <lei>254900Z8HM1VEPOQ2G79</lei>
        <title>CK Hutchison Holdings Ltd</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>HK</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DAVITA INC</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DaVita Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
        <title>Connecticut Avenue Securities Trust 2022-R08</title>
        <cusip>20755DAB2</cusip>
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        <name>Northwestern Energy Group Inc</name>
        <lei>254900N1WG46G1VMDM34</lei>
        <title>Northwestern Energy Group Inc</title>
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        <name>Extended Stay America Trust</name>
        <lei>N/A</lei>
        <title>Extended Stay America Trust 2021-ESH</title>
        <cusip>30227FAL4</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>META PLATFORMS INC</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>Meta Platforms Inc</title>
        <cusip>30303M8W5</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OMV AG</name>
        <lei>549300V62YJ9HTLRI486</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>AT</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>SMB Private Education Loan Tru</name>
        <lei>N/A</lei>
        <title>SMB Private Education Loan Trust 2020-PT-A</title>
        <cusip>78449VAB2</cusip>
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          <isin value="US78449VAB27"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.60000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
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          <other otherDesc="INTERNAL" value="MM005VOCD"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>13070.06000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
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      <invstOrSec>
        <name>Tharaldson Hotel Portfolio Tru</name>
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          <isin value="US87252LAA35"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Burlington Stores Inc</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>SALLY HOLDINGS/SALLY CAP</name>
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          <isin value="US79546VAQ95"/>
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        <balance>70000.00000000</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>
        <debtSec>
          <maturityDt>2032-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>East Japan Railway Co</name>
        <lei>353800SENYJ2DSM6PS44</lei>
        <title>East Japan Railway Co</title>
        <cusip>000000000</cusip>
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          <isin value="JP3783600004"/>
          <ticker value="9020"/>
          <other otherDesc="SEDOL" value="6298542"/>
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        <balance>3800.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Welltower Inc</name>
        <lei>254900F33BIAR82QTA19</lei>
        <title>Welltower Inc</title>
        <cusip>95040Q104</cusip>
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          <isin value="US95040Q1040"/>
          <ticker value="WELL"/>
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        <balance>2426.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>371687.46000000</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>ACS Actividades de Construccio</name>
        <lei>95980020140005558665</lei>
        <title>ACS Actividades de Construccion y Servicios SA</title>
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          <isin value="ES0167050915"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WENDYS FUNDING LLC</name>
        <lei>5493009DRVSTWJOXUL48</lei>
        <title>Wendy's Funding LLC</title>
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          <isin value="US95058XAG34"/>
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        <balance>221850.70000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Colgate-Palmolive Co</name>
        <lei>YMEGZFW4SBUSS5BQXF88</lei>
        <title>Colgate-Palmolive Co</title>
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          <isin value="US1941621039"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Helvetia Holding AG</name>
        <lei>529900SUJBXTORH0LT80</lei>
        <title>Helvetia Holding AG</title>
        <cusip>000000000</cusip>
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          <isin value="CH0466642201"/>
          <ticker value="HELN"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MSCI Inc</name>
        <lei>549300HTIN2PD78UB763</lei>
        <title>MSCI Inc</title>
        <cusip>55354G100</cusip>
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        <balance>1704.00000000</balance>
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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>BNP PARIBAS</name>
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        <title>IRS COP</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>BX Trust</name>
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        <title>BX Trust 2021-LBA</title>
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          <isin value="US05609BAM19"/>
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      <invstOrSec>
        <name>Storm King Park CLO, Ltd</name>
        <lei>N/A</lei>
        <title>Storm King Park CLO LTD</title>
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        <invCountry>JE</invCountry>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Trust 2017-GS6</title>
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      <invstOrSec>
        <name>NiSource Inc</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NiSource Inc</title>
        <cusip>65473P105</cusip>
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        <name>Sequoia Mortgage Trust</name>
        <lei>549300RES143ZXEZ6T39</lei>
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      <invstOrSec>
        <name>Navient Student Loan Trust</name>
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      <invstOrSec>
        <name>OUTFRONT MEDIA CAP LLC/C</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
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        <name>GS Mortgage Securities Trust</name>
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        <title>GS Mortgage Securities Trust 2019-GC38</title>
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          <isin value="US36252SAX53"/>
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        <name>UKG INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Iridium Communications Inc</name>
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        <name>Marsh &amp; McLennan Cos Inc</name>
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        <title>Marsh &amp; McLennan Cos Inc</title>
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          <ticker value="MMC"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>AptarGroup Inc</name>
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        <name>Magnetite CLO Ltd</name>
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        <title>Magnetite XLVII Ltd</title>
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        <name>Assurant Inc</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
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        <name>TEACHERS INSURANCE AND ANNUITY</name>
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        <title>TIAA CLO I Ltd</title>
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        <name>CIM Trust</name>
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        <name>Hancock Whitney Corp</name>
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        <name>MORGAN STANLEY &amp; CO. LLC</name>
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      <invstOrSec>
        <name>Woodward Capital Management</name>
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      <invstOrSec>
        <name>Fannie Mae</name>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Exeter Automobile Receivables</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Intuit Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ENTEGRIS INC</name>
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        <title>Entegris Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BP PLC</name>
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        <title>BP PLC</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FedEx Corp</name>
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        <title>FedEx Corp</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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      <invstOrSec>
        <name>SMYRNA READY MIX CONCRET</name>
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        <title>Smyrna Ready Mix Concrete LLC</title>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DT Midstream Inc</name>
        <lei>N/A</lei>
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          <isin value="US23345M1071"/>
          <ticker value="DTM"/>
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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>BOMBARDIER INC</name>
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        <title>Bombardier Inc</title>
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        <balance>35000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust Series 2024-6</title>
        <cusip>46657YBB9</cusip>
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          <isin value="US46657YBB92"/>
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        <curCd>USD</curCd>
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        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2016-CR28 Mortgage Trust</title>
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        <name>Wells Fargo Mortgage Backed Se</name>
        <lei>549300EZH20KSD9JD814</lei>
        <title>Wells Fargo Mortgage Backed Securities 2018-1</title>
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        <balance>489051.47000000</balance>
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        <name>ASCENT RESOURCES/ARU FIN</name>
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        <name>DNB Bank ASA</name>
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        <title>DNB Bank ASA</title>
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      <invstOrSec>
        <name>DELEK LOG PART/FINANCE</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Essex Property Trust Inc</name>
        <lei>549300TR2H2VEFX0NC60</lei>
        <title>Essex Property Trust Inc</title>
        <cusip>297178105</cusip>
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          <isin value="US2971781057"/>
          <ticker value="ESS"/>
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        <balance>1383.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Sequoia Mortgage Trust 2023-2</title>
        <cusip>81744KAA4</cusip>
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          <isin value="US81744KAA43"/>
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        <balance>818500.50000000</balance>
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        <valUSD>790315.27000000</valUSD>
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      <invstOrSec>
        <name>Freddiemac Strip</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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      <invstOrSec>
        <name>Medtronic PLC</name>
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        <name>Eli Lilly &amp; Co</name>
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        <name>BNP Paribas (Suisse) SA</name>
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        <name>Getlink SE</name>
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        <name>KDDI Corp</name>
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        <name>ABN AMRO Bank NV</name>
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        <name>Arbor Realty Collateralized Lo</name>
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        <name>RTX Corp</name>
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        <name>CODELCO INC</name>
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        <name>JP Morgan Chase Commercial Mor</name>
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        <name>Government National Mortgage A</name>
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        <name>Osaka Gas Co Ltd</name>
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        <name>Freddiemac Strip</name>
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        <name>Freddie Mac</name>
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        <name>SIRIUS XM RADIO LLC</name>
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        <title>Sirius XM Radio LLC</title>
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        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
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        <name>Eni SpA</name>
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        <name>Japan Airlines Co Ltd</name>
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        <title>Japan Airlines Co Ltd</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
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          <isin value="US38379JJF93"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MEIJI Holdings Co Ltd</name>
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        <title>MEIJI Holdings Co Ltd</title>
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          <isin value="JP3918000005"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>L3Harris Technologies Inc</name>
        <lei>549300UTE50ZMDBG8A20</lei>
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          <isin value="US5024311095"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hexcel Corp</name>
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          <isin value="US4282911084"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ALLY FINANCIAL INC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PNC FINANCIAL SERVICES</name>
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      <invstOrSec>
        <name>Alphabet Inc</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CPI CG INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Swire Pacific Ltd</name>
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          <isin value="HK0019000162"/>
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        <invCountry>HK</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>(Sunnova) Aurora I Issuer, LLC</name>
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        <name>Mill City Mortgage Trust</name>
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        <name>COMM Mortgage Trust</name>
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        <name>COMM Mortgage Trust</name>
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        <name>Jack Henry &amp; Associates Inc</name>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
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        <name>Booking Holdings Inc</name>
        <lei>FXM8FAOHMYDIPD38UZ17</lei>
        <title>Booking Holdings Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Symphony CLO Ltd</name>
        <lei>5493004PWOYFPAFQVT02</lei>
        <title>Symphony CLO XVI Ltd</title>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>QUALCOMM Inc</name>
        <lei>H1J8DDZKZP6H7RWC0H53</lei>
        <title>QUALCOMM Inc</title>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2019-1</title>
        <cusip>46650HAC2</cusip>
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        <name>Builders FirstSource Inc</name>
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      <invstOrSec>
        <name>Freddie Mac Multiclass Certifi</name>
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        <name>Apidos CLO Ltd</name>
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        <name>BANK GOSPODARSTWA KRAJOW</name>
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        <name>CLP Holdings Ltd</name>
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        <name>FHLMC Multifamily Structured P</name>
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        <name>Danone SA</name>
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        <name>Navient Student Loan Trust</name>
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        <name>Mosaic Solar Loans LLC</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>Government National Mortgage A</name>
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        <name>Pfizer Inc</name>
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        <name>Symrise AG</name>
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        <name>CCM MERGER INC</name>
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        <name>Ecolab Inc</name>
        <lei>82DYEISM090VG8LTLS26</lei>
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        <name>Repligen Corp</name>
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        <name>Countrywide Alternative Loan T</name>
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          <annualizedRt>5.50000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>OFFICE CHERIFIEN DES PHO</name>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>MA</invCountry>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>SOMNIGROUP INTL INC</name>
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        <title>Somnigroup International Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae - CAS</name>
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      <invstOrSec>
        <name>British American Tobacco PLC</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Voya VACS Series EMHCD Fund</name>
        <lei>549300F0L4T7FY2BWJ84</lei>
        <title>Voya VACS Series EMHCD Fund</title>
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          <isin value="US92919X1046"/>
          <ticker value="VVIQX"/>
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        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CRESCENT ENERGY FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Automatic Data Processing Inc</name>
        <lei>HGBOLILQXWER4SAL2I23</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ralph Lauren Corp</name>
        <lei>HO1QNWM0IXBZ0QSMMO20</lei>
        <title>Ralph Lauren Corp</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GAP INC/THE</name>
        <lei>T2ZG1WRWZ4BUCMQL9224</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Fanniemae Strip</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Interest Strip</title>
        <cusip>31424VDZ4</cusip>
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          <isin value="US31424VDZ40"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-25</maturityDt>
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        <name>UKRAINE GOVERNMENT</name>
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        <title>Ukraine Government International Bond</title>
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          <isin value="US903724BZ40"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>Travel + Leisure Co</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>Travel + Leisure Co</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>CINEMARK USA INC</name>
        <lei>54930008H2137JSCPQ09</lei>
        <title>Cinemark USA Inc</title>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DC Commercial Mortgage Trust</name>
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          <isin value="US24022FAA84"/>
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        <name>Venture CDO Ltd</name>
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        <title>Venture 37 CLO Ltd</title>
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        <invCountry>KY</invCountry>
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        <name>Fanniemae Strip</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Interest Strip</title>
        <cusip>3136FCD86</cusip>
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          <isin value="US3136FCD862"/>
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        <name>VISTRA OPERATIONS CO LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chase Mortgage Finance Corpora</name>
        <lei>N/A</lei>
        <title>Chase Mortgage Finance Corp</title>
        <cusip>16163YAC8</cusip>
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        <balance>175490.16000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.75000000</annualizedRt>
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      <invstOrSec>
        <name>Zaxby's Funding LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Michelin</name>
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        <title>Cie Generale des Etablissements Michelin SCA</title>
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          <isin value="FR001400AJ45"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Palantir Technologies Inc</name>
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        <title>Palantir Technologies Inc</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Atlassian Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JP Morgan Chase Commercial Mor</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Nippon Steel Corp</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Prime Mortgage Trust</name>
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        <name>Fannie Mae</name>
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        <name>REPUBLIC OF COLOMBIA</name>
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        <title>Colombia Government International Bond</title>
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        <name>AHP HEALTH PARTN</name>
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        <title>AHP Health Partners Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>TransDigm Group Inc</name>
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        <name>JFE Holdings Inc</name>
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        <name>Social Professional Loan Progr</name>
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        <name>Givaudan SA</name>
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        <name>Micron Technology Inc</name>
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        <name>RAISING CANE'S RESTAURAN</name>
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        <title>Raising Cane's Restaurants LLC</title>
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        <name>Freddie Mac</name>
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        <name>ROBLOX Corp</name>
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        <name>SMB Private Education Loan Tru</name>
        <lei>N/A</lei>
        <title>SMB Private Education Loan Trust 2019-B</title>
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        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2018-3</title>
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        <name>COMMONBOND STUDENT LOAN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddiemac Strip</name>
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        <name>FORTRESS INTERMEDIATE</name>
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      <invstOrSec>
        <name>BMP Trust</name>
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      <invstOrSec>
        <name>GCAT</name>
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        <name>Banco BPM SpA</name>
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        <assetCat>EC</assetCat>
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        <invCountry>IT</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sound Point CLO LTD</name>
        <lei>N/A</lei>
        <title>Sound Point CLO XXVIII Ltd</title>
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          <isin value="US83615CAL00"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-01-25</maturityDt>
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      <invstOrSec>
        <name>Bank of Ireland Group PLC</name>
        <lei>635400C8EK6DRI12LJ39</lei>
        <title>Bank of Ireland Group PLC</title>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Flagstar Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Flagstar Mortgage Trust 2021-2</title>
        <cusip>33852EAD1</cusip>
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          <isin value="US33852EAD13"/>
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        <balance>769382.19000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Sage Group PLC/The</name>
        <lei>2138005RN5XYLTF8G138</lei>
        <title>Sage Group PLC/The</title>
        <cusip>000000000</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>BOMBARDIER INC</name>
        <lei>W7L3VLU8EHQY34Z36697</lei>
        <title>Bombardier Inc</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Synchrony Financial</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial</title>
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        <assetCat>EC</assetCat>
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        <name>FREEDOM MORTGAGE CORP</name>
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        <title>Freedom Mortgage Corp</title>
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        <name>BX Trust</name>
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        <name>WAMU Mortgage Pass-Through Cer</name>
        <lei>N/A</lei>
        <title>WaMu Mortgage Pass-Through Certificates Series 2005-AR13 Trust</title>
        <cusip>92922F4V7</cusip>
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        <balance>13428.02000000</balance>
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      <invstOrSec>
        <name>SMB Private Education Loan Tru</name>
        <lei>N/A</lei>
        <title>SMB Private Education Loan Trust 2024-D</title>
        <cusip>83207QAA7</cusip>
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          <isin value="US83207QAA76"/>
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        <balance>870853.25000000</balance>
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        <name>Bain Capital Credit CLO, Limit</name>
        <lei>254900X1J8WOE4EG9026</lei>
        <title>Bain Capital Credit CLO 2024-4 Ltd</title>
        <cusip>05685VAG7</cusip>
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        <balance>750000.00000000</balance>
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        <valUSD>750534.75000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-23</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2024-9</title>
        <cusip>46593DAV9</cusip>
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          <isin value="US46593DAV91"/>
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        <balance>1287624.22000000</balance>
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        <curCd>USD</curCd>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <name>BLP Commercial Mortgage Trust</name>
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        <name>US Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BOF URSA FUNDING</name>
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      <invstOrSec>
        <name>Kyowa Kirin Co Ltd</name>
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        <assetCat>EC</assetCat>
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        <name>EIG PEARL HOLDINGS SARL</name>
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        <title>EIG Pearl Holdings Sarl</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>LU</invCountry>

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        <name>Bank5</name>
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        <curCd>USD</curCd>
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        <name>AREIT CRE Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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        <name>TJX Cos Inc/The</name>
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        <name>Thermo Fisher Scientific Inc</name>
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        <name>Wells Fargo Mortgage Backed Se</name>
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        <name>Kao Corp</name>
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        <name>Gam Resecuritization Trust</name>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae REMICS</title>
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      </invstOrSec>
      <invstOrSec>
        <name>QBE Insurance Group Ltd</name>
        <lei>549300D2FBW76FPUSG65</lei>
        <title>QBE Insurance Group Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="AU000000QBE9"/>
          <ticker value="QBE"/>
          <other otherDesc="SEDOL" value="6715740"/>
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        <balance>13386.00000000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.60038000"/>
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        <pctVal>0.035745322174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</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>
      <invstOrSec>
        <name>Rate Mortgage Trust</name>
        <lei>N/A</lei>
        <title>RATE Mortgage Trust 2021-HB1</title>
        <cusip>75409XBG0</cusip>
        <identifiers>
          <isin value="US75409XBG07"/>
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        <balance>417785.31000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>339821.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Mortgage Backed Se</name>
        <lei>N/A</lei>
        <title>Wells Fargo Mortgage Backed Securities 2006-AR4 Trust</title>
        <cusip>94983PAF5</cusip>
        <identifiers>
          <isin value="US94983PAF53"/>
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        <balance>6520.61000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6424.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-04-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.15446400</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ALLISON TRANSMISSION INC</name>
        <lei>MWKQ3I0U1GXP2YDSZW75</lei>
        <title>Allison Transmission Inc</title>
        <cusip>019736AF4</cusip>
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          <isin value="US019736AF46"/>
          <other otherDesc="SEDOL" value="BHRH8R5"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69786.09000000</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>2029-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.87500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mitsubishi Chemical Group Corp</name>
        <lei>353800YNKX4RQUGAR072</lei>
        <title>Mitsubishi Chemical Group Corp</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JP3897700005"/>
          <ticker value="4188"/>
          <other otherDesc="SEDOL" value="B0JQTJ0"/>
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        <balance>30400.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Orange SA</name>
        <lei>969500MCOONR8990S771</lei>
        <title>Orange SA</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000133308"/>
          <ticker value="ORA"/>
          <other otherDesc="SEDOL" value="5176177"/>
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        <balance>16493.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.92481000"/>
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        <pctVal>0.041291273267</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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      <invstOrSec>
        <name>HILCORP ENERGY I/HILCORP</name>
        <lei>N/A</lei>
        <title>Hilcorp Energy I LP / Hilcorp Finance Co</title>
        <cusip>431318AU8</cusip>
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          <isin value="US431318AU81"/>
          <other otherDesc="SEDOL" value="BL6JRZ1"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67689.07000000</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>2029-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Flagstar Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Flagstar Mortgage Trust 2018-3</title>
        <cusip>33851JAC3</cusip>
        <identifiers>
          <isin value="US33851JAC36"/>
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        <balance>306902.84000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>286776.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>WYNN LAS VEGAS LLC/CORP</name>
        <lei>N/A</lei>
        <title>Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp</title>
        <cusip>983130AX3</cusip>
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          <isin value="US983130AX35"/>
          <other otherDesc="SEDOL" value="BD3N0P1"/>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69311.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ross Stores Inc</name>
        <lei>549300ENZFLPGRDFZQ60</lei>
        <title>Ross Stores Inc</title>
        <cusip>778296103</cusip>
        <identifiers>
          <isin value="US7782961038"/>
          <ticker value="ROST"/>
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        <balance>2778.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>355000.62000000</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>Jersey Mikes Funding LLC</name>
        <lei>N/A</lei>
        <title>Jersey Mike's Funding LLC</title>
        <cusip>476681AD3</cusip>
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          <isin value="US476681AD37"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>354338.04000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Reckitt Benckiser Group PLC</name>
        <lei>5493003JFSMOJG48V108</lei>
        <title>Reckitt Benckiser Group PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00B24CGK77"/>
          <ticker value="RKT"/>
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        <balance>3996.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Citigroup Mortgage Loan Trust 2024-1</title>
        <cusip>17332CCG9</cusip>
        <identifiers>
          <isin value="US17332CCG96"/>
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        <balance>1981626.92000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2019499.58000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-07-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>DC Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>DC Commercial Mortgage Trust 2023-DC</title>
        <cusip>24023AAA8</cusip>
        <identifiers>
          <isin value="US24023AAA88"/>
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        <balance>1025000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CIM Trust</name>
        <lei>N/A</lei>
        <title>CIM Trust 2019-J1</title>
        <cusip>12556MCQ5</cusip>
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          <isin value="US12556MCQ50"/>
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        <balance>389246.61000000</balance>
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        <curCd>USD</curCd>
        <valUSD>364900.71000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-08-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Fontainebleau Miami Beach Trus</name>
        <lei>N/A</lei>
        <title>Fontainebleau Miami Beach Mortgage Trust 2024-FBLU</title>
        <cusip>34461WAG5</cusip>
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          <isin value="US34461WAG50"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-12-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SoftBank Corp</name>
        <lei>353800M1YCTS9JRBJ535</lei>
        <title>SoftBank Corp</title>
        <cusip>000000000</cusip>
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          <isin value="JP3732000009"/>
          <ticker value="9434"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Great Wolf Trust</name>
        <lei>N/A</lei>
        <title>Great Wolf Trust 2024-WOLF</title>
        <cusip>39152MAA3</cusip>
        <identifiers>
          <isin value="US39152MAA36"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>500989.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.86118000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747YFR1</cusip>
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          <isin value="US61747YFR18"/>
          <other otherDesc="SEDOL" value="BLDCHK8"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1036.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>TENET HEALTHCARE CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Essent Group Ltd</name>
        <lei>254900QUO860OUT6ZF83</lei>
        <title>Essent Group Ltd</title>
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          <isin value="BMG3198U1027"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eiffage SA</name>
        <lei>969500OQXKE5WDM9M994</lei>
        <title>Eiffage SA</title>
        <cusip>000000000</cusip>
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          <isin value="FR0000130452"/>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Carlyle Global Market Strategi</name>
        <lei>549300Q4PPEXLDSOKL32</lei>
        <title>Carlyle Global Market Strategies CLO 2015-4 Ltd</title>
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          <isin value="US14311NAU81"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-07-20</maturityDt>
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      <invstOrSec>
        <name>MTN Commercial Mortgage Trust</name>
        <lei>N/A</lei>
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        <cusip>62475WAA3</cusip>
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          <isin value="US62475WAA36"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PETROLEOS DEL PERU SA</name>
        <lei>549300ZMGDLC9JT2OR80</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-19</maturityDt>
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        <name>Henkel AG &amp; Co KGaA</name>
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        <title>Henkel AG &amp; Co KGaA</title>
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          <isin value="DE0006048432"/>
          <ticker value="HEN3"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dryden Senior Loan Fund</name>
        <lei>N/A</lei>
        <title>Dryden 87 CLO Ltd</title>
        <cusip>26246GAG8</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-20</maturityDt>
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      <invstOrSec>
        <name>Hilton Worldwide Holdings Inc</name>
        <lei>549300HVGPK36ICB0B89</lei>
        <title>Hilton Worldwide Holdings Inc</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group Inc/The</title>
        <cusip>38141G104</cusip>
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          <isin value="US38141G1040"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Blue Owl Capital Inc</name>
        <lei>N/A</lei>
        <title>Blue Owl Capital Inc</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>Arbor Realty Collateralized Lo</name>
        <lei>N/A</lei>
        <title>Arbor Realty Commercial Real Estate Notes 2021-FL4 Ltd</title>
        <cusip>03880RAA7</cusip>
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          <isin value="US03880RAA77"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-11-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>ANTERO MIDSTREAM PART/FI</name>
        <lei>N/A</lei>
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          <isin value="US03690AAD81"/>
          <other otherDesc="SEDOL" value="BJKRP31"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Dominos Pizza Master Issuer LL</name>
        <lei>N/A</lei>
        <title>Domino's Pizza Master Issuer LLC</title>
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        <name>Citigroup Commercial Mortgage</name>
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        <title>Citigroup Commercial Mortgage Trust 2017-C4</title>
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        <name>UKRAINE GOVERNMENT</name>
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        <title>Ukraine Government International Bond</title>
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        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GLOBAL PART/GLP FINANCE</name>
        <lei>N/A</lei>
        <title>Global Partners LP / GLP Finance Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Note/Bond</title>
        <cusip>91282CGQ8</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JPMDB Commercial Mortgage Secu</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>COPT Defense Properties</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Credit Agricole SA</name>
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        <invCountry>FR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LCM Ltd Partnership</name>
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          <isin value="US50184NAP78"/>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac - STACR</name>
        <lei>5493000ISE4NWBTOSK36</lei>
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      <invstOrSec>
        <name>Citigroup Mortgage Loan Trust</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
        <lei>N/A</lei>
        <title>COMM 2015-CCRE23 Mortgage Trust</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Symphony CLO Ltd</name>
        <lei>N/A</lei>
        <title>Symphony CLO XX Ltd</title>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GARDA WORLD SECURITY</name>
        <lei>549300ZF1NDXLMCHNO20</lei>
        <title>Garda World Security Corp</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Trust 2020-GC47</title>
        <cusip>36258RBC6</cusip>
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      <invstOrSec>
        <name>Santander Drive Auto Receivabl</name>
        <lei>N/A</lei>
        <title>Santander Drive Auto Receivables Trust 2024-4</title>
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        <name>Fannie Mae - CAS</name>
        <lei>N/A</lei>
        <title>Connecticut Avenue Securities Trust 2024-R01</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Cintas Corp</name>
        <lei>N/A</lei>
        <title>Cintas Corp</title>
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          <ticker value="CTAS"/>
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        <assetCat>EC</assetCat>
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        <name>OGE Energy Corp</name>
        <lei>CE5OG6JPOZMDSA0LAQ19</lei>
        <title>OGE Energy 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>Crestline Denali CLO XVII, LLC</name>
        <lei>254900BNO2GIP36AKL73</lei>
        <title>Crestline Denali CLO XVII Ltd</title>
        <cusip>22616TAN6</cusip>
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          <isin value="US22616TAN63"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MED Trust</name>
        <lei>N/A</lei>
        <title>MED Commercial Mortgage Trust 2024-MOB</title>
        <cusip>55287BAA1</cusip>
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          <isin value="US55287BAA17"/>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank</name>
        <lei>N/A</lei>
        <title>BANK 2017-BNK4</title>
        <cusip>06541FAJ8</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>3.35700000</annualizedRt>
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      <invstOrSec>
        <name>Chase Mortgage Finance Corpora</name>
        <lei>N/A</lei>
        <title>Chase Home Lending Mortgage Trust Series 2024-4</title>
        <cusip>16159NBB9</cusip>
        <identifiers>
          <isin value="US16159NBB91"/>
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        <balance>2955784.57000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>HCA INC</name>
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        <title>HCA Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INTELLIGENT PACKAGING</name>
        <lei>N/A</lei>
        <title>Intelligent Packaging Ltd Finco Inc / Intelligent Packaging Ltd Co-Issuer LLC</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UKRAINE GOVERNMENT</name>
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        <title>Ukraine Government International Bond</title>
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          <other otherDesc="SEDOL" value="BT06K22"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-02-01</maturityDt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
        <cusip>3136A5WG7</cusip>
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          <isin value="US3136A5WG70"/>
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        <balance>5356333.88000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>WEEKLEY HOMES LLC/ FINAN</name>
        <lei>N/A</lei>
        <title>Weekley Homes LLC / Weekley Finance Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-09-15</maturityDt>
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      <invstOrSec>
        <name>Verizon Communications Inc</name>
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        <title>Verizon Communications Inc</title>
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          <ticker value="VZ"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Towd Point Mortgage Trust 2015-4</title>
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          <isin value="US89171UAG40"/>
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        <balance>127055.64000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Flagstar Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Flagstar Mortgage Trust 2017-1</title>
        <cusip>33850BAY3</cusip>
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          <isin value="US33850BAY39"/>
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        <balance>697718.58000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-25</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Parker-Hannifin Corp</name>
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        <title>Parker-Hannifin Corp</title>
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          <ticker value="PH"/>
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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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2018-8</title>
        <cusip>46650MAN7</cusip>
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          <isin value="US46650MAN74"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-01-25</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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      <invstOrSec>
        <name>Tyson Foods Inc</name>
        <lei>WD6L6041MNRW1JE49D58</lei>
        <title>Tyson Foods Inc</title>
        <cusip>902494103</cusip>
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          <ticker value="TSN"/>
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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>Expand Energy Corp</name>
        <lei>X2MT1W32SPAZ9WSKLE78</lei>
        <title>Expand Energy Corp</title>
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          <ticker value="EXE"/>
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        <balance>3667.00000000</balance>
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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>Citigroup Commercial Mortgage</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2016-P4</title>
        <cusip>29429EAK7</cusip>
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          <isin value="US29429EAK73"/>
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        <balance>725000.00000000</balance>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Waste Connections Inc</name>
        <lei>549300HDLRTPBQU69P29</lei>
        <title>Waste Connections Inc</title>
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        <name>NVIDIA Corp</name>
        <lei>549300S4KLFTLO7GSQ80</lei>
        <title>NVIDIA Corp</title>
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        <name>Cigna Group/The</name>
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        <title>Cigna Group/The</title>
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          <ticker value="CI"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Coca-Cola Co/The</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Freddie Mac</name>
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        <title>Freddie Mac REMICS</title>
        <cusip>3137AVAF4</cusip>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38383GGP0</cusip>
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        <balance>7092153.07000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1639655.44000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWCH Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>SWCH Commercial Mortgage Trust 2025-DATA</title>
        <cusip>78489CAC3</cusip>
        <identifiers>
          <isin value="US78489CAC38"/>
        </identifiers>
        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>989934.30000000</valUSD>
        <pctVal>0.191317562453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.41117000</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>Citigroup Commercial Mortgage</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2016-P5</title>
        <cusip>17325DAG8</cusip>
        <identifiers>
          <isin value="US17325DAG88"/>
        </identifiers>
        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>178044.84000000</valUSD>
        <pctVal>0.034409460098</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.69800000</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>FREMF Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2016-K57 Mortgage Trust</title>
        <cusip>30295DAS1</cusip>
        <identifiers>
          <isin value="US30295DAS18"/>
        </identifiers>
        <balance>11044636.60750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8866.63000000</valUSD>
        <pctVal>0.001713590526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-08-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.10000000</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>M/I HOMES INC</name>
        <lei>5299005M71FH9CCSFB69</lei>
        <title>M/I Homes Inc</title>
        <cusip>55305BAV3</cusip>
        <identifiers>
          <isin value="US55305BAV36"/>
          <other otherDesc="SEDOL" value="BMFCLK1"/>
        </identifiers>
        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>64045.35000000</valUSD>
        <pctVal>0.012377589349</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.95000000</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>Apple Inc</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>Apple Inc</title>
        <cusip>037833100</cusip>
        <identifiers>
          <isin value="US0378331005"/>
          <ticker value="AAPL"/>
        </identifiers>
        <balance>33684.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7482226.92000000</valUSD>
        <pctVal>1.446036788562</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>UKRAINE GOVERNMENT</name>
        <lei>6354001WLTJXOMEXPY07</lei>
        <title>Ukraine Government International Bond</title>
        <cusip>903724CC4</cusip>
        <identifiers>
          <isin value="US903724CC46"/>
          <other otherDesc="SEDOL" value="BT06K33"/>
        </identifiers>
        <balance>8412.88000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4353.67000000</valUSD>
        <pctVal>0.000841402840</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.75000000</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>BENCHMARK Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Benchmark 2019-B9 Mortgage Trust</title>
        <cusip>08160JAG2</cusip>
        <identifiers>
          <isin value="US08160JAG22"/>
        </identifiers>
        <balance>923520.56720000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29456.89000000</valUSD>
        <pctVal>0.005692923653</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.01169400</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>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2020-3</title>
        <cusip>46592ABH6</cusip>
        <identifiers>
          <isin value="US46592ABH68"/>
        </identifiers>
        <balance>138804.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>124889.70000000</valUSD>
        <pctVal>0.024136544192</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</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>COMISION FEDERAL DE ELEC</name>
        <lei>4469000001BFPONMPF32</lei>
        <title>Comision Federal de Electricidad</title>
        <cusip>200447AP5</cusip>
        <identifiers>
          <isin value="US200447AP57"/>
          <other otherDesc="SEDOL" value="BSRJBK2"/>
        </identifiers>
        <balance>350000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>337750.00000000</valUSD>
        <pctVal>0.065274540662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.45000000</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>Bojangles Issuer, LLC</name>
        <lei>N/A</lei>
        <title>Bojangles Issuer LLC</title>
        <cusip>09748RAC2</cusip>
        <identifiers>
          <isin value="US09748RAC25"/>
        </identifiers>
        <balance>50000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>50322.56000000</valUSD>
        <pctVal>0.009725483313</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-11-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.58400000</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>Galaxy CLO Ltd</name>
        <lei>N/A</lei>
        <title>Galaxy XXVI CLO Ltd</title>
        <cusip>36321LAJ8</cusip>
        <identifiers>
          <isin value="US36321LAJ89"/>
        </identifiers>
        <balance>125417.63000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>125434.19000000</valUSD>
        <pctVal>0.024241773902</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-11-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.49859000</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>Citigroup Commercial Mortgage</name>
        <lei>N/A</lei>
        <title>Citigroup Commercial Mortgage Trust 2017-P8</title>
        <cusip>17326DAJ1</cusip>
        <identifiers>
          <isin value="US17326DAJ19"/>
        </identifiers>
        <balance>923083.27000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>14391.33000000</valUSD>
        <pctVal>0.002781310008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.86123500</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>ASX Ltd</name>
        <lei>549300VSBVYUCBIQKT71</lei>
        <title>ASX Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="AU000000ASX7"/>
          <ticker value="ASX"/>
          <other otherDesc="SEDOL" value="6129222"/>
        </identifiers>
        <balance>601.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AUD" exchangeRt="1.60038000"/>
        <valUSD>24631.28000000</valUSD>
        <pctVal>0.004760312325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>54930066YOFVQE068N73</lei>
        <title>GS Mortgage Securities Trust 2015-GC32</title>
        <cusip>36250PAD7</cusip>
        <identifiers>
          <isin value="US36250PAD78"/>
          <other otherDesc="SEDOL" value="BYRGZT2"/>
        </identifiers>
        <balance>1459546.07000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1453368.10000000</valUSD>
        <pctVal>0.280882117368</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-07-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.76400000</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>Mosaic Solar Loans LLC</name>
        <lei>N/A</lei>
        <title>Mosaic Solar Loan Trust 2021-1</title>
        <cusip>61947DAB5</cusip>
        <identifiers>
          <isin value="US61947DAB55"/>
        </identifiers>
        <balance>48118.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38284.18000000</valUSD>
        <pctVal>0.007398911218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-12-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.05000000</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>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy</title>
        <cusip>30040W108</cusip>
        <identifiers>
          <isin value="US30040W1080"/>
          <ticker value="ES"/>
        </identifiers>
        <balance>4199.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>260799.89000000</valUSD>
        <pctVal>0.050402940117</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>AAR ESCROW ISSUER LLC</name>
        <lei>N/A</lei>
        <title>AAR Escrow Issuer LLC</title>
        <cusip>00253PAA6</cusip>
        <identifiers>
          <isin value="US00253PAA66"/>
          <other otherDesc="SEDOL" value="BPGL5N9"/>
        </identifiers>
        <balance>70000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71197.98000000</valUSD>
        <pctVal>0.013759927285</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.75000000</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>ConocoPhillips</name>
        <lei>WPTL2Z3FIYTHSP5V2253</lei>
        <title>ConocoPhillips</title>
        <cusip>20825C104</cusip>
        <identifiers>
          <isin value="US20825C1045"/>
          <ticker value="COP"/>
        </identifiers>
        <balance>7689.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>807498.78000000</valUSD>
        <pctVal>0.156059546854</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>
    </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>2025-05-22</ncom:dateSigned>
      <ncom:nameOfApplicant>Voya Investors Trust</ncom:nameOfApplicant>
      <ncom:signature>Dorothy Roman</ncom:signature>
      <ncom:signerName>Dorothy Roman</ncom:signerName>
      <ncom:title>Vice President, Fund Administration</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
