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        <name>MIZUHO SECURITIES USA LLC</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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        <name>BARCLAYS CAPITAL INC.</name>
        <lei>AC28XWWI3WIBK2824319</lei>
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        <name>BP PLC</name>
        <lei>213800LH1BZH3DI6G760</lei>
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        <name>Novo Nordisk A/S</name>
        <lei>549300DAQ1CVT6CXN342</lei>
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        <invCountry>DK</invCountry>
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        <name>CITIGROUP GLOBAL MARKETS INC.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
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        <lei>4NT01YGM4X7ZX86ISY52</lei>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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        <name>Samsung Electronics Co Ltd</name>
        <lei>9884007ER46L6N7EI764</lei>
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        <name>BMO CAPITAL MARKETS CORP.</name>
        <lei>RUC0QBLBRPRCU4W1NE59</lei>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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        <name>Citizens Financial Group Inc</name>
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        <name>SG AMERICAS SECURITIES, LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>SG AMERICAS SECURITIES LLC (HUMANA INC) 20.70 03/16/2023 (HUM US)</title>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <name>Danone SA</name>
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        <name>SG AMERICAS SECURITIES, LLC</name>
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        <name>BNP PARIBAS SECURITIES CORP.</name>
        <lei>RCNB6OTYUAMMP879YW96</lei>
        <title>BNP PARIBAS SECURITIES CORPORATION (NOKIA OYJ) 25.00 04/06/2023 (NOK US)</title>
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          <other otherDesc="INTERNAL" value="BRYDXPBS0"/>
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        <name>Cardinal Health Inc</name>
        <lei>CCU46N3GJMF4OK4N7U60</lei>
        <title>Cardinal Health Inc</title>
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          <isin value="US14149Y1082"/>
          <ticker value="CAH"/>
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        <name>MIZUHO SECURITIES USA LLC</name>
        <lei>7TK5RJIZDFROZCA6XF66</lei>
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          <other otherDesc="INTERNAL" value="BRYCVJ9E2"/>
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        <invCountry>US</invCountry>
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        <name>Ralph Lauren Corp</name>
        <lei>HO1QNWM0IXBZ0QSMMO20</lei>
        <title>Ralph Lauren Corp</title>
        <cusip>751212101</cusip>
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          <isin value="US7512121010"/>
          <ticker value="RL"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>MIZUHO SECURITIES USA LLC</name>
        <lei>7TK5RJIZDFROZCA6XF66</lei>
        <title>MIZUHO SECURITIES USA LLC (AMERICAN INTERNATIONAL GROUP INC) 1.9443 03/09/2023 (AIG US)</title>
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          <other otherDesc="INTERNAL" value="BRYCVJ6Q8"/>
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        <invCountry>US</invCountry>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
        <title>GOLDMAN SACHS &amp; CO. LLC (L3HARRIS TECHNOLOGIES INC) 14.82 03/30/2023 (LHX US)</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BRYDSLSB4"/>
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        <invCountry>US</invCountry>
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        <name>Kimberly-Clark Corp</name>
        <lei>MP3J6QPYPGN75NVW2S34</lei>
        <title>Kimberly-Clark Corp</title>
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        <name>BNP PARIBAS SECURITIES CORP.</name>
        <lei>RCNB6OTYUAMMP879YW96</lei>
        <title>BNP PARIBAS SECURITIES CORPORATION (RALPH LAUREN CORP) 23.87 04/06/2023 (RL US)</title>
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        <name>Fidelity National Information</name>
        <lei>6WQI0GK1PRFVBA061U48</lei>
        <title>Fidelity National Information Services Inc</title>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>UBS SECURITIES LLC</name>
        <lei>T6FIZBDPKLYJKFCRVK44</lei>
        <title>UBS SECURITIES LLC (CAPITAL ONE FINANCIAL CORP) 25.40 03/09/2023 (COF US)</title>
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        <name>Fox Corp</name>
        <lei>549300DDU6FDRBIELS05</lei>
        <title>Fox Corp</title>
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          <ticker value="FOXA"/>
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        <name>PPG Industries Inc</name>
        <lei>549300BKPEP01R3V6C59</lei>
        <title>PPG Industries Inc</title>
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        <name>Hess Corp</name>
        <lei>UASVRYNXNK17ULIGK870</lei>
        <title>Hess Corp</title>
        <cusip>42809H107</cusip>
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          <isin value="US42809H1077"/>
          <ticker value="HES"/>
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        <assetCat>EC</assetCat>
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        <name>BOFA SECURITIES, INC.</name>
        <lei>549300HN4UKV1E2R3U73</lei>
        <title>BOFA SECURITIES INC. (PPG INDUSTRIES INC) 26.05 03/09/2023 (PPG US)</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>Nokia Oyj</name>
        <lei>549300A0JPRWG1KI7U06</lei>
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        <name>UBS SECURITIES LLC</name>
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        <name>SG AMERICAS SECURITIES, LLC</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
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        <name>Comcast Corp</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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        <name>BMO CAPITAL MARKETS CORP.</name>
        <lei>RUC0QBLBRPRCU4W1NE59</lei>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
        <lei>FOR8UP27PHTHYVLBNG30</lei>
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        <name>Fidelity National Financial In</name>
        <lei>549300CAZYIH39SYQ287</lei>
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        <name>J.P. MORGAN SECURITIES PLC</name>
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        <title>JP MORGAN SECURITIES PLC (SIEMENS AG) 26.72 03/27/2023 (SIE GY)</title>
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        <name>Shell PLC</name>
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        <name>UBS SECURITIES LLC</name>
        <lei>T6FIZBDPKLYJKFCRVK44</lei>
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        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group PLC</title>
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        <name>American Electric Power Co Inc</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
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        <name>Sanofi</name>
        <lei>549300E9PC51EN656011</lei>
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        <name>J.P. MORGAN SECURITIES PLC</name>
        <lei>K6Q0W1PS1L1O4IQL9C32</lei>
        <title>JP MORGAN SECURITIES PLC (AIRBUS SE) 16.14 03/13/2023 (AIR FP)</title>
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        <name>Apollo Global Management Inc</name>
        <lei>N/A</lei>
        <title>Apollo Global Management Inc</title>
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        <name>Laboratory Corp of America Hol</name>
        <lei>OZ7UA8IXAIFILY2VZH07</lei>
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        <name>Unilever PLC</name>
        <lei>549300MKFYEKVRWML317</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>MIZUHO SECURITIES USA LLC</name>
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        <name>Rogers Communications Inc</name>
        <lei>54930030NVF3Y2OL0A78</lei>
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          <isin value="CA7751092007"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>Koninklijke Philips NV</name>
        <lei>H1FJE8H61JGM1JSGM897</lei>
        <title>Koninklijke Philips NV</title>
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          <isin value="NL0000009538"/>
          <ticker value="PHIA"/>
          <other otherDesc="SEDOL" value="5986622"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RBC Capital Markets, LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
        <title>RBC CAPITAL MARKETS, LLC. (ASTRAZENECA PLC) 20.92 03/27/2023 (AZN LN)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BRYD19LG6"/>
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        <balance>106700.00000000</balance>
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        <pctVal>0.678572541863</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>20.92000000</annualizedRt>
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      <invstOrSec>
        <name>BMO CAPITAL MARKETS CORP.</name>
        <lei>RUC0QBLBRPRCU4W1NE59</lei>
        <title>BMO CAPITAL MARKETS CORP. (COMERICA INC) 19.633 03/02/2023 (CMA US)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BRYCMGU12"/>
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        <balance>47200.00000000</balance>
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        <valUSD>3313201.78000000</valUSD>
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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>
          <annualizedRt>19.63300000</annualizedRt>
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        <name>General Motors Co</name>
        <lei>54930070NSV60J38I987</lei>
        <title>General Motors Co</title>
        <cusip>37045V100</cusip>
        <identifiers>
          <isin value="US37045V1008"/>
          <ticker value="GM"/>
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        <balance>650313.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>25193125.62000000</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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        <name>Sempra Energy</name>
        <lei>PBBKGKLRK5S5C0Y4T545</lei>
        <title>Sempra Energy</title>
        <cusip>816851109</cusip>
        <identifiers>
          <isin value="US8168511090"/>
          <ticker value="SRE"/>
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        <balance>28974.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4344941.04000000</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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      <invstOrSec>
        <name>RBC Capital Markets, LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
        <title>RBC CAPITAL MARKETS, LLC. (ALPHABET INC) 26.94 04/13/2023 (GOOG US)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BRYEB2RZ0"/>
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        <balance>33900.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3084222.00000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <maturityDt>2023-04-13</maturityDt>
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        <name>RBC Capital Markets, LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
        <title>RBC CAPITAL MARKETS, LLC. (AMERICAN ELECTRIC POWER CO INC) 13.27 04/11/2023 (AEP US)</title>
        <cusip>000000000</cusip>
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        <balance>75600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6715877.39000000</valUSD>
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        <invCountry>US</invCountry>

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        <name>J.P. MORGAN SECURITIES PLC</name>
        <lei>K6Q0W1PS1L1O4IQL9C32</lei>
        <title>JP MORGAN SECURITIES PLC (BP PLC) 19.97 03/27/2023 (BP/ LN)</title>
        <cusip>000000000</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <name>MIZUHO SECURITIES USA LLC</name>
        <lei>7TK5RJIZDFROZCA6XF66</lei>
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        <invCountry>US</invCountry>

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        <fairValLevel>2</fairValLevel>
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        <name>RBC Capital Markets, LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
        <title>RBC CAPITAL MARKETS, LLC. (ROGERS COMMUNICATIONS INC) 17.35 04/11/2023 (RCI/B CN)</title>
        <cusip>000000000</cusip>
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        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <maturityDt>2023-04-11</maturityDt>
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        <name>AT&amp;T Inc</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T Inc</title>
        <cusip>00206R102</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>UBS SECURITIES LLC</name>
        <lei>T6FIZBDPKLYJKFCRVK44</lei>
        <title>UBS SECURITIES LLC (LEIDOS HOLDINGS INC) 15.20 04/13/2023 (LDOS US)</title>
        <cusip>000000000</cusip>
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        <valUSD>7755200.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>3</fairValLevel>
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          <maturityDt>2023-04-13</maturityDt>
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        <name>Dollar General Corp</name>
        <lei>OPX52SQVOZI8IVSWYU66</lei>
        <title>Dollar General Corp</title>
        <cusip>256677105</cusip>
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          <isin value="US2566771059"/>
          <ticker value="DG"/>
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        <balance>58643.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>12684480.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>ALTRIA GROUP INC</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
        <title>ALTRIA GROUP INC</title>
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          <isin value="US02209S1033"/>
          <ticker value="MO"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Carlyle Group Inc/The</name>
        <lei>529900NGGVF94UK6PG95</lei>
        <title>Carlyle Group Inc/The</title>
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          <isin value="US14316J1088"/>
          <ticker value="CG"/>
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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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      <invstOrSec>
        <name>Komatsu Ltd</name>
        <lei>5493004LQ0B4T7QPQV17</lei>
        <title>Komatsu Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="JP3304200003"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ConocoPhillips</name>
        <lei>WPTL2Z3FIYTHSP5V2253</lei>
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          <isin value="US20825C1045"/>
          <ticker value="COP"/>
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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>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>American International Group I</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
        <title>American International Group Inc</title>
        <cusip>026874784</cusip>
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          <isin value="US0268747849"/>
          <ticker value="AIG"/>
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        <curCd>USD</curCd>
        <valUSD>25991794.08000000</valUSD>
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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>CITIGROUP GLOBAL MARKETS INC.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>CITIGROUP GLOBAL MARKETS INC. (BROADCOM INC) 14.84 03/06/2023 (AVGO US)</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BRYCS7FC9"/>
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        <balance>8100.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4813280.82000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-06</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Leidos Holdings Inc</name>
        <lei>549300IUTGTP6EJP8124</lei>
        <title>Leidos Holdings Inc</title>
        <cusip>525327102</cusip>
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          <isin value="US5253271028"/>
          <ticker value="LDOS"/>
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        <balance>151246.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>14681449.22000000</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>BMO CAPITAL MARKETS CORP.</name>
        <lei>RUC0QBLBRPRCU4W1NE59</lei>
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        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BRYCMGY26"/>
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        <balance>69300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7669650.48000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-02</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BAE Systems PLC</name>
        <lei>8SVCSVKSGDWMW2QHOH83</lei>
        <title>BAE Systems PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0002634946"/>
          <ticker value="BA/"/>
          <other otherDesc="SEDOL" value="0263494"/>
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        <balance>1303276.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Prudential PLC</name>
        <lei>5493001Z3ZE83NGK8Y12</lei>
        <title>Prudential PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB0007099541"/>
          <ticker value="PRU"/>
          <other otherDesc="SEDOL" value="0709954"/>
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        <balance>1111931.00000000</balance>
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        <currencyConditional curCd="GBP" exchangeRt="0.83135885"/>
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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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      <invstOrSec>
        <name>Robert Half International Inc</name>
        <lei>529900VPCUY9H3HLIC08</lei>
        <title>Robert Half International Inc</title>
        <cusip>770323103</cusip>
        <identifiers>
          <isin value="US7703231032"/>
          <ticker value="RHI"/>
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        <balance>48470.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3907651.40000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SG AMERICAS SECURITIES, LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
        <title>SG AMERICAS SECURITIES LLC (EXELON CORP) 24.53 03/23/2023 (EXC US)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BRYDFPTD4"/>
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        <balance>182400.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2023-03-23</maturityDt>
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      <invstOrSec>
        <name>Newell Brands Inc</name>
        <lei>549300LWGYFM1TVO1Z12</lei>
        <title>Newell Brands Inc</title>
        <cusip>651229106</cusip>
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          <isin value="US6512291062"/>
          <ticker value="NWL"/>
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        <balance>798198.00000000</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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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CITIGROUP GLOBAL MARKETS INC.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>CITIGROUP GLOBAL MARKETS INC. (INVESCO LTD) 28.01 03/06/2023 (IVZ US)</title>
        <cusip>000000000</cusip>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITIGROUP GLOBAL MARKETS INC.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>CITIGROUP GLOBAL MARKETS INC. (PUBLIC SERVICE ENTERPRISE GROUP INC) 9.98 03/06/2023 (PEG US)</title>
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          <other otherDesc="INTERNAL" value="BRYCS7H29"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SG AMERICAS SECURITIES, LLC</name>
        <lei>549300F35UE0BOM1WJ55</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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        <name>WILLIAMS COS INC/THE</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>WILLIAMS COS 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>TD SECURITIES (USA) LLC</name>
        <lei>SUVUFHICNZMP2WKHG940</lei>
        <title>TD SECURITIES (USA) LLC (ELEVANCE HEALTH INC) 12.82 03/06/2023 (ELV US)</title>
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        <invCountry>US</invCountry>
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        <name>Cigna Group/The</name>
        <lei>549300VIWYMSIGT1U456</lei>
        <title>Cigna Group/The</title>
        <cusip>125523100</cusip>
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          <isin value="US1255231003"/>
          <ticker value="CI"/>
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        <curCd>USD</curCd>
        <valUSD>22944747.10000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Siemens AG</name>
        <lei>W38RGI023J3WT1HWRP32</lei>
        <title>Siemens AG</title>
        <cusip>000000000</cusip>
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          <ticker value="SIE"/>
          <other otherDesc="SEDOL" value="5727973"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bayer AG</name>
        <lei>549300J4U55H3WP1XT59</lei>
        <title>Bayer AG</title>
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        <fairValLevel>2</fairValLevel>
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        <name>WELLS FARGO &amp; CO</name>
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        <name>Lear Corp</name>
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        <name>Medtronic PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Citigroup Inc</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Raytheon Technologies Corp</name>
        <lei>I07WOS4YJ0N7YRFE7309</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Public Service Enterprise Grou</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Alphabet Inc</name>
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        <fairValLevel>1</fairValLevel>
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        <name>MSC Industrial Direct Co Inc</name>
        <lei>0XVKH0LN6YGOWO2EGO17</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>L3Harris Technologies Inc</name>
        <lei>549300UTE50ZMDBG8A20</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>RBC Capital Markets, LLC</name>
        <lei>549300LCO2FLSSVFFR64</lei>
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        <name>SG AMERICAS SECURITIES, LLC</name>
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        <name>MIZUHO SECURITIES USA LLC</name>
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        <name>Airbus SE</name>
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        <title>Airbus SE</title>
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        <name>Meta Platforms Inc</name>
        <lei>BQ4BKCS1HXDV9HN80Z93</lei>
        <title>Meta Platforms Inc</title>
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        <name>UBS SECURITIES LLC</name>
        <lei>T6FIZBDPKLYJKFCRVK44</lei>
        <title>UBS SECURITIES LLC (ALTRIA GROUP INC) 22.70 04/06/2023 (MO US)</title>
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              <title>Altria Group Inc</title>
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        <name>Edison International</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International</title>
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        <name>RBC Capital Markets, LLC</name>
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        <lei>2P2YLDVPES3BXQ1FRB91</lei>
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        <name>Walmart Inc</name>
        <lei>Y87794H0US1R65VBXU25</lei>
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        <name>Microsoft Corp</name>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>BOFA SECURITIES, INC.</name>
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        <name>CITIGROUP GLOBAL MARKETS INC.</name>
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        <name>Reckitt Benckiser Group PLC</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <lei>529900POY8H7NPPNKK71</lei>
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        <name>CITIGROUP GLOBAL MARKETS INC.</name>
        <lei>MBNUM2BPBDO7JBLYG310</lei>
        <title>CITIGROUP GLOBAL MARKETS INC. (ZIMMER BIOMET HOLDINGS INC) 12.26 03/06/2023 (ZBH US)</title>
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        <name>J.P. MORGAN SECURITIES LLC</name>
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        <name>BARCLAYS CAPITAL INC.</name>
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        <name>BMO CAPITAL MARKETS CORP.</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-04-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>21.90000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
          <isMandatoryConvrtbl>N</isMandatoryConvrtbl>
          <isContngtConvrtbl>N</isContngtConvrtbl>
          <dbtSecRefInstruments>
            <dbtSecRefInstrument>
              <name>Baxter International Inc</name>
              <title>Baxter International Inc</title>
              <curCd>USD</curCd>
              <identifiers>
                <cusip value="071813109"/>
                <isin value="US0718131099"/>
                <ticker value="BAX"/>
              </identifiers>
            </dbtSecRefInstrument>
          </dbtSecRefInstruments>
          <currencyInfos>
            <currencyInfo convRatio="1.00000000" curCd="USD"/>
          </currencyInfos>
          <delta>XXXX</delta>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invesco Ltd</name>
        <lei>ECPGFXU8A2SHKVVGJI15</lei>
        <title>Invesco Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="BMG491BT1088"/>
          <ticker value="IVZ"/>
          <other otherDesc="SEDOL" value="B28XP76"/>
        </identifiers>
        <balance>326009.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5757318.94000000</valUSD>
        <pctVal>0.279942703102</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>J.P. MORGAN SECURITIES LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>J.P. MORGAN SECURITIES LLC (WILLIAMS COS INC/THE) 25.20 03/16/2023 (WMB US)</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BRYDA3PX8"/>
        </identifiers>
        <balance>217900.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6548921.92000000</valUSD>
        <pctVal>0.318433445115</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-03-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>25.20000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>





      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2023-04-24</ncom:dateSigned>
      <ncom:nameOfApplicant>BlackRock Funds</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
