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        <name>Bank of Montreal</name>
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      <invstOrSec>
        <name>UBS AG LONDON</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>QUEST DIAGNOSTICS INC</name>
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      <invstOrSec>
        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
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        <name>Barclays Commercial Mortgage S</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BNP PARIBAS</name>
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        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <name>AMERICAN HONDA FINANCE</name>
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        <name>KENTUCKY UTILITIES CO</name>
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        <name>DTE ELECTRIC CO</name>
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        <name>Shackleton CLO LTD</name>
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        <title>Ukraine Government International Bond</title>
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        <name>VOLKSWAGEN GROUP AMERICA</name>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>STANDARD CHARTERED BANK</name>
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        <name>NORFOLK SOUTHERN CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DUKE ENERGY PROGRESS LLC</name>
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      <invstOrSec>
        <name>DELL INT LLC / EMC CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
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      <invstOrSec>
        <name>IBM INTERNAT CAPITAL</name>
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        <balance>201000.00000000</balance>
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        <assetCat>DBT</assetCat>
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        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INGERSOLL RAND INC</name>
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        <title>Ingersoll Rand Inc</title>
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        <balance>37000.00000000</balance>
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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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          <maturityDt>2028-08-14</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ABBVIE INC</name>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Cedar Funding Ltd</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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        <name>FLORIDA POWER &amp; LIGHT CO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Bank of America, National Association</name>
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        <name>GOLDMAN SACHS &amp; CO. LLC</name>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Credit Suisse Mortgage Trust</name>
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      <invstOrSec>
        <name>FEDEX CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank of America, National Association</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>THERMO FISHER SCIENTIFIC</name>
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        <title>Thermo Fisher Scientific Inc</title>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>DANSKE BANK A/S</name>
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        <invCountry>DK</invCountry>
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        <name>INTEL CORP</name>
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        <name>XHR LP</name>
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        <name>EMERALD DEBT MERGER</name>
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        <name>TRUIST FINANCIAL CORP</name>
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        <title>Truist Financial Corp</title>
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        <title>Ambipar Lux Sarl</title>
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        <name>BNP PARIBAS</name>
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        <name>STATE STREET CORP</name>
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        <name>BERRY GLOBAL INC</name>
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        <title>Berry Global Inc</title>
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        <name>AMGEN INC</name>
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        <name>RYDER SYSTEM INC</name>
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        <name>US TREASURY N/B</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>STANDARD CHARTERED BANK</name>
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        <name>Bank of America, National Association</name>
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        <name>Freddie Mac</name>
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        <name>Oak Hill Credit Partners</name>
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        <name>Citibank, National Association</name>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>STANDARD CHARTERED BANK</name>
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        <name>Countrywide Home Loans</name>
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        <name>GCI LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TEMPUR SEALY INTL INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2.00000000</annualizedRt>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TRITON CONTAINER</name>
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        <name>STANDARD CHARTERED BANK</name>
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        <name>LLOYDS BANKING GROUP PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <lei>300300CHN201808MOF68</lei>
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        <cusip>000000000</cusip>
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          <isin value="CND10004GNL8"/>
          <other otherDesc="SEDOL" value="BMYX3G5"/>
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        <invCountry>CN</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VERIZON COMMUNICATIONS</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications Inc</title>
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          <isin value="US92343VDR24"/>
          <other otherDesc="SEDOL" value="BDFLJN4"/>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-03-15</maturityDt>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <maturityDt>2040-11-25</maturityDt>
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      <invstOrSec>
        <name>State Street Bank and Trust Company</name>
        <lei>571474TGEMMWANRLN572</lei>
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        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00097019"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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          <ticker value="N/A"/>
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        <assetCat>DFE</assetCat>
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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>3136APW65</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-25</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>State Street Bank and Trust Company</name>
        <lei>571474TGEMMWANRLN572</lei>
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        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2268.16000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CURRENCY CONTRACT - EUR</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTEUR__00098361"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HYUNDAI CAPITAL AMERICA</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
        <cusip>44891ACN5</cusip>
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          <isin value="US44891ACN54"/>
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        <invCountry>US</invCountry>
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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>31398GUK3</cusip>
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          <isin value="US31398GUK39"/>
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        <balance>1696652.28000000</balance>
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        <curCd>USD</curCd>
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        <name>CAMDEN PROPERTY TRUST</name>
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        <name>ESSENTIAL UTILITIES INC</name>
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        <title>Essential Utilities Inc</title>
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        <name>STANDARD CHARTERED BANK</name>
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        <name>Government National Mortgage A</name>
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        <name>STANDARD CHARTERED BANK</name>
        <lei>RILFO74KP1CM8P6PCT96</lei>
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        <name>BNP PARIBAS</name>
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        <title>CURRENCY CONTRACT - EUR</title>
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        <name>BNP PARIBAS</name>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <name>Bank of Montreal</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORACLE CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PETROLEOS MEXICANOS</name>
        <lei>549300CAZKPF4HKMPX17</lei>
        <title>Petroleos Mexicanos</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage-Backed Securities</name>
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          <isin value="US36267JBM18"/>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <title>UnitedHealth Group Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>State Street Bank and Trust Company</name>
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        <name>CODELCO INC</name>
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        <title>Corp Nacional del Cobre de Chile</title>
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        <invCountry>CL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-01-26</maturityDt>
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        <name>Fannie Mae</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>HEALTHPEAK OP LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <title>Meta Platforms Inc</title>
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        <name>RUSSIA GOVT BOND - OFZ</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>HSBC HOLDINGS PLC</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>Bank of America, National Association</name>
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        <name>BNP PARIBAS</name>
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        <name>INTEL CORP</name>
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        <name>JOHNSON &amp; JOHNSON</name>
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        <name>Bank</name>
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        <name>BNP PARIBAS</name>
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        <name>TRUIST FINANCIAL CORP</name>
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        <name>Freddie Mac</name>
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        <name>OCCIDENTAL PETROLEUM COR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mill City Mortgage Trust</name>
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      <invstOrSec>
        <name>DUKE ENERGY CAROLINAS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ABBVIE 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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        <name>BNP PARIBAS</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>Bank of America, National Association</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>KINDER MORGAN ENER PART</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STANDARD CHARTERED BANK</name>
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        <name>COMCAST CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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          <maturityDt>2034-06-01</maturityDt>
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        <name>OPEN TEXT HOLDINGS INC</name>
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        <name>DISCOVERY COMMUNICATIONS</name>
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      <invstOrSec>
        <name>BARCLAYS BANK PLC</name>
        <lei>G5GSEF7VJP5I7OUK5573</lei>
        <title>CURRENCY CONTRACT - USD</title>
        <cusip>000000000</cusip>
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        <name>Fannie Mae - CAS</name>
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        <title>PayPal Holdings Inc</title>
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        <name>AES CORP/THE</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>Citigroup Commercial Mortgage</name>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <title>CURRENCY CONTRACT - NZD</title>
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        <name>GreenPoint Mortgage Funding Tr</name>
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        <name>Fannie Mae</name>
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        <name>BNP PARIBAS</name>
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        <name>BNP PARIBAS</name>
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        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <name>Fannie Mae</name>
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        <name>Fannie Mae</name>
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        <name>BNP PARIBAS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <name>Credit Suisse Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VIATRIS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LIBERTY UTILITIES CO</name>
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        <title>Liberty Utilities Co</title>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <title>UnitedHealth Group Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State Street Bank and Trust Company</name>
        <lei>571474TGEMMWANRLN572</lei>
        <title>CURRENCY CONTRACT - USD</title>
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        <name>LENNOX INTERNATIONAL INC</name>
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        <title>Lennox International Inc</title>
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        <name>Galaxy CLO Ltd</name>
        <lei>549300MJK1HWQWCLYA68</lei>
        <title>Galaxy XV CLO Ltd</title>
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        <invCountry>KY</invCountry>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS JPY</title>
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        <issuerCat>CORP</issuerCat>
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        <name>VODAFONE GROUP PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group PLC</title>
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        <invCountry>GB</invCountry>
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        <name>MOHAWK INDUSTRIES INC</name>
        <lei>549300JI1115MG3Q6322</lei>
        <title>Mohawk Industries Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>BANK GOSPODARSTWA KRAJOW</name>
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        <title>Bank Gospodarstwa Krajowego</title>
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        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>AVNET INC</name>
        <lei>XJI53DCPL7QABOWK4Z75</lei>
        <title>Avnet Inc</title>
        <cusip>053807AW3</cusip>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BNP PARIBAS</name>
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          <ticker value="N/A"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>H&amp;E EQUIPMENT SERVICES</name>
        <lei>254900KVLRCDMQRYY541</lei>
        <title>H&amp;E Equipment Services Inc</title>
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          <isin value="US404030AJ72"/>
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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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BANCO BILBAO VIZCAYA ARG</name>
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        <cusip>05946KAN1</cusip>
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          <isin value="US05946KAN19"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>217001.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>PACIFIC GAS &amp; ELECTRIC</name>
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        <title>Pacific Gas and Electric Co</title>
        <cusip>694308HN0</cusip>
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          <isin value="US694308HN05"/>
          <other otherDesc="SEDOL" value="BYZKM62"/>
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        <balance>24000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18866.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>MONTREAL EXCHANGE</name>
        <lei>N/A</lei>
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          <ticker value="CNH4"/>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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            <payOffProf>Long</payOffProf>
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      <invstOrSec>
        <name>KLA CORP</name>
        <lei>549300H0BF5JCG96TJ81</lei>
        <title>KLA Corp</title>
        <cusip>482480AN0</cusip>
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          <isin value="US482480AN02"/>
          <other otherDesc="SEDOL" value="BQ5J0D6"/>
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        <balance>54000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <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>WASTE MANAGEMENT INC</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>Waste Management Inc</title>
        <cusip>94106LBQ1</cusip>
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          <isin value="US94106LBQ14"/>
          <other otherDesc="SEDOL" value="BLF8ZJ9"/>
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        <balance>22000.00000000</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>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>GS Mortgage-Backed Securities</name>
        <lei>N/A</lei>
        <title>GS Mortgage-Backed Securities Corp Trust 2021-PJ3</title>
        <cusip>36262AAD6</cusip>
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          <isin value="US36262AAD63"/>
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        <balance>782210.61000000</balance>
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        <curCd>USD</curCd>
        <valUSD>629062.22000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-08-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <title>CURRENCY CONTRACT - USD</title>
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        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00096018"/>
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      <invstOrSec>
        <name>WARNERMEDIA HOLDINGS INC</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>Warnermedia Holdings Inc</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>NESTLE HOLDINGS INC</name>
        <lei>549300EAEU8YV8MQXP30</lei>
        <title>Nestle Holdings Inc</title>
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        <balance>169000.00000000</balance>
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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>UK CLEARING HOUSE LIMITED</name>
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      <invstOrSec>
        <name>ZAYO GROUP HOLDINGS INC</name>
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        <name>CITIGROUP GLOBAL MARKETS INC.</name>
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        <name>EVERGY KANSAS CENTRAL</name>
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        <title>Evergy Kansas Central Inc</title>
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        <curCd>USD</curCd>
        <valUSD>47339.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Citibank, National Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                    <invOthCountry>US</invOthCountry>
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      <invstOrSec>
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        <name>SINGAPORE EXCHANGE LIMITED</name>
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        <title>HP Inc</title>
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      <invstOrSec>
        <name>WASTE MANAGEMENT INC</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>Waste Management Inc</title>
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        <valUSD>40221.60000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>COMCAST CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BRISTOL-MYERS SQUIBB CO</name>
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        <title>Bristol-Myers Squibb Co</title>
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          <isin value="US110122EB03"/>
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        <balance>56000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63416.65000000</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>2053-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25000000</annualizedRt>
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      <invstOrSec>
        <name>GEORGIA POWER CO</name>
        <lei>D981X4Z4RWS7PDMJUZ03</lei>
        <title>Georgia Power Co</title>
        <cusip>373334KS9</cusip>
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          <isin value="US373334KS95"/>
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        <balance>40000.00000000</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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNITEDHEALTH GROUP INC</name>
        <lei>549300GHBMY8T5GXDE41</lei>
        <title>UnitedHealth Group Inc</title>
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        <balance>82000.00000000</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>2041-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
        <lei>N/A</lei>
        <title>JP Morgan Mortgage Trust 2019-INV3</title>
        <cusip>46591LAC5</cusip>
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          <isin value="US46591LAC54"/>
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        <balance>85744.24000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77969.72000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-05-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS JPY</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BIN1YGJP5"/>
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        <balance>1.00000000</balance>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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              <counterpartyName>UK CLEARING HOUSE LIMITED</counterpartyName>
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      <invstOrSec>
        <name>AMERICAN HOMES 4 RENT</name>
        <lei>549300N4PXZ37U8QKI55</lei>
        <title>American Homes 4 Rent LP</title>
        <cusip>02666TAE7</cusip>
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          <isin value="US02666TAE73"/>
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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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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>STANDARD CHARTERED BANK</name>
        <lei>RILFO74KP1CM8P6PCT96</lei>
        <title>CURRENCY CONTRACT - AUD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTAUD__00098281"/>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COREBRIDGE FINANCIAL INC</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>Corebridge Financial Inc</title>
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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>Sequoia Mortgage Trust</name>
        <lei>549300ZUG1L9OO3W6B29</lei>
        <title>Sequoia Mortgage Trust 2018-CH1</title>
        <cusip>81747DAU3</cusip>
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          <isin value="US81747DAU37"/>
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        <balance>18015.08000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16506.75000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-25</maturityDt>
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          <annualizedRt>4.00000000</annualizedRt>
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        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
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        <curCd>USD</curCd>
        <valUSD>92438.76000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>Galaxy CLO Ltd</name>
        <lei>549300BW4412X0TZDD77</lei>
        <title>Galaxy XXI CLO Ltd</title>
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        <invCountry>KY</invCountry>
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        <name>UNIVISION COMMUNICATIONS</name>
        <lei>549300YQDE2JSGTL8V47</lei>
        <title>Univision Communications Inc</title>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED MEXICAN STATES</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexico Government International Bond</title>
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        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
        <lei>SNZ2OJLFK8MNNCLQOF39</lei>
        <title>IRS USD</title>
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        <name>BNP PARIBAS</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>Fannie Mae</name>
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        <name>Wells Fargo Alternative Loan T</name>
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        <name>Government National Mortgage A</name>
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        <name>Bank of America, National Association</name>
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        <name>BNP PARIBAS</name>
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        <name>Freddie Mac - STACR</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <name>MF1 Multifamily Housing Mortga</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
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      <invstOrSec>
        <name>BANK OF AMERICA, NATIONAL ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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            <delta>XXXX</delta>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TIME WARNER CABLE LLC</name>
        <lei>549300U5NFR7S6E3GM41</lei>
        <title>Time Warner Cable LLC</title>
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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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      <invstOrSec>
        <name>AEP TEXAS INC</name>
        <lei>5493001L78U618KXNZ75</lei>
        <title>AEP Texas Inc</title>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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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>31394FFH3</cusip>
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          <isin value="US31394FFH38"/>
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        <balance>72135.28000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>73074.28000000</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae or Freddie Mac</title>
        <cusip>01F042632</cusip>
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          <isin value="US01F0426324"/>
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        <balance>1790000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <title>CURRENCY CONTRACT - JPY</title>
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        <identifiers>
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        <balance>1.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>-33991.94000000</valUSD>
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      <invstOrSec>
        <name>Bank of America, National Association</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>CURRENCY CONTRACT - USD</title>
        <cusip>000000000</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>SEAGATE HDD CAYMAN</name>
        <lei>529900BD50TRWEG1SF63</lei>
        <title>Seagate HDD Cayman</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Fannie Mae or Freddie Mac</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae or Freddie Mac</title>
        <cusip>01F030629</cusip>
        <identifiers>
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        <balance>3390000.00000000</balance>
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          <couponKind>Fixed</couponKind>
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        <name>Winwater Mortgage Loan Trust</name>
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        <title>Warnermedia Holdings Inc</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Bank of America, National Association</name>
        <lei>B4TYDEB6GKMZO031MB27</lei>
        <title>CURRENCY CONTRACT - JPY</title>
        <cusip>000000000</cusip>
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        <name>Government National Mortgage A</name>
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        <name>Bank of America, National Association</name>
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        <name>Freddie Mac Multifamily</name>
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        <name>Freddie Mac</name>
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        <name>Apidos CLO Ltd</name>
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        <name>Government National Mortgage A</name>
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        <name>AMERICAN HONDA FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STANDARD CHARTERED BANK</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ANGLOGOLD HOLDINGS PLC</name>
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        <title>AngloGold Ashanti Holdings PLC</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>State Street Bank and Trust Company</name>
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        <name>OVINTIV INC</name>
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        <title>Ovintiv Inc</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DAVITA INC</name>
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        <title>DaVita Inc</title>
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        <balance>210000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>DUKE ENERGY CAROLINAS</name>
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        <title>Duke Energy Carolinas LLC</title>
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        <fairValLevel>2</fairValLevel>
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        <name>WELLS FARGO &amp; COMPANY</name>
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        <title>Wells Fargo &amp; Co</title>
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        <name>NORTHWESTERN MUTUAL LIFE</name>
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        <title>Northwestern Mutual Life Insurance Co/The</title>
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        <name>CSAIL Commercial Mortgage Trus</name>
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        <title>CSAIL 2020-C19 Commercial Mortgage Trust</title>
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          <maturityDt>2053-03-15</maturityDt>
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        <name>SIEMENS FINANCIERINGSMAT</name>
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        <title>Siemens Financieringsmaatschappij NV</title>
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        <name>Rad CLO Ltd</name>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
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        <title>RFM Reremic Trust 2022-FRR1</title>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
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        <name>Neuberger Berman CLO Ltd</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>BNP PARIBAS</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CAPITAL ONE FINANCIAL CO</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank of America, National Association</name>
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        <title>CURRENCY CONTRACT - USD</title>
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      <invstOrSec>
        <name>WEC ENERGY GROUP INC</name>
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        <title>WEC Energy Group Inc</title>
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        <balance>20000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>20012.04000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank of America, National Association</name>
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        <title>CURRENCY CONTRACT - USD</title>
        <cusip>000000000</cusip>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
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        <title>IRS USD</title>
        <cusip>000000000</cusip>
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        <balance>1.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHICAGO MERCANTILE EXCHANGE INC.</name>
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        <title>IRS MXN</title>
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      <invstOrSec>
        <name>T-MOBILE USA INC</name>
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        <title>T-Mobile USA Inc</title>
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        <name>UNION PACIFIC CORP</name>
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        <title>Union Pacific Corp</title>
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      <invstOrSec>
        <name>Bank of Montreal</name>
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        <name>Government National Mortgage A</name>
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        <title>Government National Mortgage Association</title>
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          <isin value="US38376JGA60"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
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        <name>WESTERN MIDSTREAM OPERAT</name>
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        <title>Western Midstream Operating LP</title>
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        <name>CARRIER GLOBAL CORP</name>
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        <title>Carrier Global Corp</title>
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        <balance>20000.00000000</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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          <couponKind>Fixed</couponKind>
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        <name>RYDER SYSTEM INC</name>
        <lei>ZXJ6Y2OSPZXIVGRILD15</lei>
        <title>Ryder System Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>APPLE INC</name>
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        <name>EIG PEARL HOLDINGS SARL</name>
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        <name>BNP PARIBAS</name>
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        <name>HCA INC</name>
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        <title>HCA Inc</title>
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        <name>FED REPUBLIC OF BRAZIL</name>
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          <isin value="US105756CH10"/>
          <other otherDesc="SEDOL" value="BMGC2Z2"/>
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        <curCd>USD</curCd>
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        <invCountry>BR</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Dryden Senior Loan Fund</name>
        <lei>549300VCB8LYR1RGV869</lei>
        <title>Dryden 49 Senior Loan Fund</title>
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          <isin value="US26244QAS21"/>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GALAXY PIPELINE ASSETS</name>
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        <title>Galaxy Pipeline Assets Bidco Ltd</title>
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        <invCountry>JE</invCountry>

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        <name>ALLEGHANY CORP</name>
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        <name>CHINA GOVERNMENT BOND</name>
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        <name>BX Trust</name>
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        <name>T-MOBILE USA INC</name>
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        <title>T-Mobile USA Inc</title>
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        <name>ECOPETROL SA</name>
        <lei>254900IDGKCJICKBPA66</lei>
        <title>Ecopetrol SA</title>
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        <name>Credit Suisse Commercial Mortg</name>
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          <couponKind>Floating</couponKind>
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        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
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        <name>PARAMOUNT GLOBAL</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STANDARD CHARTERED BANK</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STANDARD CHARTERED BANK</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEERE &amp; COMPANY</name>
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        <title>Deere &amp; Co</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
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        <title>IRS JPY</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <title>CURRENCY CONTRACT - AUD</title>
        <cusip>000000000</cusip>
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        <name>WESTERN MIDSTREAM OPERAT</name>
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        <title>Western Midstream Operating LP</title>
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        <invCountry>US</invCountry>
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        <name>BANK OF AMERICA CORP</name>
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        <title>Bank of America Corp</title>
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        <name>CHINA GOVERNMENT BOND</name>
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        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
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        <name>MIZUHO SECURITIES USA LLC</name>
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        <title>CURRENCY CONTRACT - SEK</title>
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        <title>Thermo Fisher Scientific Inc</title>
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        <name>VIATRIS INC</name>
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        <title>Viatris Inc</title>
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        <name>Freddie Mac - STACR</name>
        <lei>5493000ISA3AUOXQEF68</lei>
        <title>Freddie Mac STACR REMIC Trust 2022-DNA2</title>
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        <name>Freddie Mac - STACR</name>
        <lei>5493000ISHRHX47NOH65</lei>
        <title>Freddie Mac STACR REMIC Trust 2021-HQA3</title>
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        <name>State Street Bank and Trust Company</name>
        <lei>571474TGEMMWANRLN572</lei>
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        <name>State Street Bank and Trust Company</name>
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        <name>Citibank, National Association</name>
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        <name>Clover CLO</name>
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        <name>Babson CLO Ltd</name>
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        <name>BNP PARIBAS</name>
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        <name>Bank of America, National Association</name>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <name>Bank of Montreal</name>
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        <name>Wells Fargo Commercial Mortgag</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>Octagon Investment Partners XX</name>
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        <name>Government National Mortgage A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>HSBC SECURITIES (USA) INC.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>T-MOBILE USA INC</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA Inc</title>
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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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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
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        <curCd>USD</curCd>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Gam Resecuritization Trust</name>
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          <isin value="US36459DDC20"/>
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        <balance>215000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-27</maturityDt>
          <couponKind>None</couponKind>
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      <invstOrSec>
        <name>BHP BILLITON FIN USA LTD</name>
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        <title>BHP Billiton Finance USA Ltd</title>
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        <balance>70000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>72265.56000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-08</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <securityLending>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
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        <title>JPMorgan Chase &amp; Co</title>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-01</maturityDt>
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      <invstOrSec>
        <name>MIZUHO SECURITIES USA LLC</name>
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        <title>CURRENCY CONTRACT - AUD</title>
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        <name>LOCKHEED MARTIN CORP</name>
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        <title>Lockheed Martin Corp</title>
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      <invstOrSec>
        <name>JPMorgan Chase Bank, National Association</name>
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        <name>Citibank, National Association</name>
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        <name>NXP BV/NXP FDG/NXP USA</name>
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        <invCountry>N/A</invCountry>
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      <invstOrSec>
        <name>IBM INTERNAT CAPITAL</name>
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        <title>IBM International Capital Pte Ltd</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Structured Asset Securities Co</name>
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      <invstOrSec>
        <name>GRAY TELEVISION INC</name>
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        <title>Gray Television Inc</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STANDARD CHARTERED BANK</name>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSL FINANCE PLC</name>
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        <balance>25000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>COMM Mortgage Trust</name>
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        <title>COMM 2016-CR28 Mortgage Trust</title>
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          <isin value="US12593YBH53"/>
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        <balance>5816442.21000000</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>
        <debtSec>
          <maturityDt>2049-02-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.76500300</annualizedRt>
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      <invstOrSec>
        <name>SAUDI INTERNATIONAL BOND</name>
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        <title>Saudi Government International Bond</title>
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          <isin value="US80413TBH14"/>
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        <balance>200000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2054-01-16</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CHARTER COMM OPT LLC/CAP</name>
        <lei>N/A</lei>
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          <isin value="US161175CD44"/>
          <other otherDesc="SEDOL" value="BN7G7P5"/>
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        <balance>78000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>67381.63000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
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      <invstOrSec>
        <name>PROLOGIS LP</name>
        <lei>GL16H1DHB0QSHP25F723</lei>
        <title>Prologis LP</title>
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          <isin value="US74340XCJ81"/>
          <other otherDesc="SEDOL" value="BRBK494"/>
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        <balance>43000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>43221.41000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.00000000</annualizedRt>
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      <invstOrSec>
        <name>NATIONAL RURAL UTIL COOP</name>
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        <title>National Rural Utilities Cooperative Finance Corp</title>
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        <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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        <name>NEXTERA ENERGY CAPITAL</name>
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        <title>NextEra Energy Capital Holdings Inc</title>
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        <balance>60000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
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        <title>IRS USD</title>
        <cusip>000000000</cusip>
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        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
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        <name>PARAMOUNT GLOBAL</name>
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        <balance>43000.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <balance>93200.08000000</balance>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <name>LOCKHEED MARTIN CORP</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
        <title>Lockheed Martin Corp</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.90000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <name>Fannie Mae</name>
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      <invstOrSec>
        <name>Citibank, National Association</name>
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        <name>OVINTIV INC</name>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>Fannie Mae - CAS</name>
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        <name>BNP PARIBAS</name>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>Fannie Mae</name>
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      <invstOrSec>
        <name>BECTON DICKINSON &amp; CO</name>
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      <invstOrSec>
        <name>ECOPETROL SA</name>
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        <name>GALAXY PIPELINE ASSETS</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FHLMC Multifamily Structured P</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
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        <name>BNP PARIBAS</name>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>MED Trust</name>
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      <invstOrSec>
        <name>US TREASURY N/B</name>
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      <invstOrSec>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>FLORIDA POWER &amp; LIGHT CO</name>
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        <name>Freddie Mac</name>
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        <name>BANK OF AMERICA CORP</name>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae REMICS</title>
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        <name>SUMMIT MATERIALS LLC/FIN</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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      <invstOrSec>
        <name>JP Morgan Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RELIANCE INDUSTRIES LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BNP PARIBAS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <name>BNP PARIBAS</name>
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        <name>ALBERTSONS COS/SAFEWAY</name>
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        <name>BROWN BROTHERS HARRIMAN &amp; CO.</name>
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        <name>INVITATION HOMES OP</name>
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        <title>First Horizon Bank</title>
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        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>CURRENCY CONTRACT - USD</title>
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        <name>Fannie Mae</name>
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        <name>WARNERMEDIA HOLDINGS INC</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>Warnermedia Holdings Inc</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>WAMU Mortgage Pass-Through Cer</name>
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        <name>STANDARD CHARTERED BANK</name>
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        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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        <name>BNP Paribas (Suisse) SA</name>
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        <name>Countrywide Alternative Loan T</name>
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        <name>Fannie Mae</name>
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        <name>Bank of America, National Association</name>
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        <name>Government National Mortgage A</name>
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        <name>Flagstar Mortgage Trust</name>
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        <name>PACIFICORP</name>
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        <name>CEMEX SAB DE CV</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>Government National Mortgage A</name>
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        <title>Ginnie Mae II Pool</title>
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        <name>Citibank, National Association</name>
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        <name>AES PANAMA GENERATION HL</name>
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      </invstOrSec>
      <invstOrSec>
        <name>ABBVIE INC</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>AbbVie Inc</title>
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          <isin value="US00287YAV11"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.30000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>CRESCENT ENERGY FINANCE</name>
        <lei>54930061FUL6DBLFUW14</lei>
        <title>Crescent Energy Finance LLC</title>
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          <isin value="US45344LAC72"/>
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        <balance>155000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>CHINA GOVERNMENT BOND</name>
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        <title>China Government Bond</title>
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          <isin value="CND10001RRB3"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-11-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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      <invstOrSec>
        <name>INDONESIA GOVERNMENT</name>
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        <title>Indonesia Treasury Bond</title>
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          <isin value="IDG000013202"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.37500000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Citibank, National Association</name>
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        <title>CURRENCY CONTRACT - USD</title>
        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00094696"/>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Citibank, National Association</counterpartyName>
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        </derivativeInfo>
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      <invstOrSec>
        <name>STANDARD CHARTERED BANK</name>
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        <cusip>000000000</cusip>
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          <ticker value="N/A"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3296.89000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
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              <counterpartyName>STANDARD CHARTERED BANK</counterpartyName>
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            <amtCurSold>-211291.74000000</amtCurSold>
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      <invstOrSec>
        <name>HEICO CORP</name>
        <lei>529900O1DTDLCJ7L0I14</lei>
        <title>HEICO Corp</title>
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          <isin value="US422806AA75"/>
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        <balance>111000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>113083.90000000</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>2028-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>CURRENCY CONTRACT - USD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00100359"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>9028.42000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>GOLDMAN SACHS INTERNATIONAL</counterpartyName>
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        <securityLending>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac REMICS</title>
        <cusip>3133TSSK0</cusip>
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          <isin value="US3133TSSK05"/>
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        <balance>73550.38000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8733.40000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>CURRENCY CONTRACT - NZD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTNZD__00098517"/>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS JPY</title>
        <cusip>000000000</cusip>
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          <other otherDesc="INTERNAL" value="BIN1TU989"/>
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        <fairValLevel>2</fairValLevel>
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        <name>HCA INC</name>
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        <title>HCA Inc</title>
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        <name>ENERGY TRANSFER LP</name>
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        <title>Energy Transfer LP</title>
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        <name>ENTERGY ARKANSAS LLC</name>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS USD</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NORTHWESTERN MUTUAL LIFE</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BATH &amp; BODY WORKS INC</name>
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        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <name>LOCKHEED MARTIN CORP</name>
        <lei>DPRBOZP0K5RM2YE8UU08</lei>
        <title>Lockheed Martin Corp</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.20000000</annualizedRt>
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        <name>GOLUB CAPITAL BDC</name>
        <lei>2549005WE0QLGK9APF78</lei>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>BARCLAYS BANK PLC</name>
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          <ticker value="N/A"/>
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        <name>EVERGY KANSAS CENTRAL</name>
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        <name>Fannie Mae</name>
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        <title>Fannie Mae Pool</title>
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        <name>EXTRA SPACE STORAGE LP</name>
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        <name>CHINA GOVERNMENT BOND</name>
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        <title>China Government Bond</title>
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        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <name>AES CORP/THE</name>
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      <invstOrSec>
        <name>NAVIENT CORP</name>
        <lei>54930067J0ZNOEBRW338</lei>
        <title>Navient Corp</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddiemac Strip</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Strips</title>
        <cusip>31325WSJ2</cusip>
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          <isin value="US31325WSJ26"/>
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        <balance>5881865.40000000</balance>
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        <curCd>USD</curCd>
        <valUSD>977126.07000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-02-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GS Mortgage Securities Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Trust 2019-GC40</title>
        <cusip>36257HBE5</cusip>
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          <isin value="US36257HBE53"/>
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        <balance>460000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-07-10</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.66801300</annualizedRt>
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      <invstOrSec>
        <name>CUMMINS INC</name>
        <lei>ZUNI8PYC725B6H8JU438</lei>
        <title>Cummins Inc</title>
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          <isin value="US231021AT37"/>
          <other otherDesc="SEDOL" value="BN279S0"/>
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        <balance>106000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>88581.24000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.50000000</annualizedRt>
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      <invstOrSec>
        <name>JPMORGAN CHASE &amp; CO</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMorgan Chase &amp; Co</title>
        <cusip>46625HRY8</cusip>
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          <isin value="US46625HRY89"/>
          <other otherDesc="SEDOL" value="BD7F8X7"/>
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        <balance>604000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>584926.18000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.78200000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Government National Mortgage A</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>Government National Mortgage Association</title>
        <cusip>38375JRN7</cusip>
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          <isin value="US38375JRN71"/>
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        <balance>138039.95000000</balance>
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        <curCd>USD</curCd>
        <valUSD>163769.25000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.37358000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CENTRAL GARDEN &amp; PET CO</name>
        <lei>5493004DVZLD37DJ0H83</lei>
        <title>Central Garden &amp; Pet Co</title>
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          <isin value="US153527AN61"/>
          <other otherDesc="SEDOL" value="BMHY6S8"/>
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        <balance>65000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>58345.21000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.12500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>UKRAINE GOVERNMENT</name>
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        <title>Ukraine Government International Bond</title>
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          <isin value="XS1577952952"/>
          <other otherDesc="SEDOL" value="BF226G6"/>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120251.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>UA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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        <securityLending>
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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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          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00095787"/>
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        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>20400.26000000</valUSD>
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        <assetCat>DFE</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>BANK OF NOVA SCOTIA</name>
        <lei>L3I9ZG2KFGXZ61BMYR72</lei>
        <title>Bank of Nova Scotia/The</title>
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          <isin value="US06417XAP69"/>
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        <balance>51000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>50943.09000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</annualizedRt>
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      <invstOrSec>
        <name>PACIFIC GAS &amp; ELECTRIC</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>Pacific Gas and Electric Co</title>
        <cusip>694308GZ4</cusip>
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          <isin value="US694308GZ44"/>
          <other otherDesc="SEDOL" value="B80L9N4"/>
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        <balance>31000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>25707.99000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.45000000</annualizedRt>
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      <invstOrSec>
        <name>EUREX CLEARING AKTIENGESELLSCHAFT</name>
        <lei>529900LN3S50JPU47S06</lei>
        <title>Euro-OAT</title>
        <cusip>000000000</cusip>
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          <ticker value="OATH4"/>
          <other otherDesc="ID_BB_GLOBAL" value="BBG01GZ0ZFD8"/>
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        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.92533000"/>
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        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>BANK GOSPODARSTWA KRAJOW</name>
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        <title>Bank Gospodarstwa Krajowego</title>
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          <isin value="US06237MAA18"/>
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        <balance>225000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.37500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>DUKE ENERGY CAROLINAS</name>
        <lei>MWIUSDMN17TCR56VW396</lei>
        <title>Duke Energy Carolinas LLC</title>
        <cusip>26442CAM6</cusip>
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          <isin value="US26442CAM64"/>
          <other otherDesc="SEDOL" value="B799H27"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2639.88000000</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>4.25000000</annualizedRt>
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        <name>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>USD CALL VERSUS JPY PUT</title>
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          <other otherDesc="INTERNAL" value="MM0045IUB"/>
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        <balance>-2055300.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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                    <lei>R0MUWSFPU8MPRO8K5P83</lei>
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                    <curCd>USD</curCd>
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                    <issuerCat>CORP</issuerCat>
                    <invCountry>FR</invCountry>
                    <invOthCountry>US</invOthCountry>
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                  <curSold>USD</curSold>
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            <exercisePrice>140.00000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
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        <name>Freddiemac Strip</name>
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      <invstOrSec>
        <name>ROYALTY PHARMA PLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GOLDMAN SACHS INTERNATIONAL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TRANSDIGM INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STANDARD CHARTERED BANK</name>
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          <ticker value="N/A"/>
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        <name>JOHN DEERE CAPITAL CORP</name>
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        <name>Freddiemac Strip</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>Freddie Mac Strips</title>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <name>BX Trust</name>
        <lei>N/A</lei>
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        <name>TCW CLO 2021-1, Ltd.</name>
        <lei>N/A</lei>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>PFIZER INVESTMENT ENTER</name>
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        <name>TELECOM ITALIA CAPITAL</name>
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        <title>Telecom Italia Capital SA</title>
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        <name>ANTERO MIDSTREAM PART/FI</name>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <name>LLOYDS BANKING GROUP PLC</name>
        <lei>549300PPXHEU2JF0AM85</lei>
        <title>Lloyds Banking Group PLC</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>KENVUE INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac - STACR</name>
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        <title>Freddie Mac STACR REMIC Trust 2022-HQA1</title>
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        <name>STATE STREET CORP</name>
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        <name>BNP Paribas (Suisse) SA</name>
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        <title>Asbury Automotive Group Inc</title>
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        <title>Energy Transfer LP</title>
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        <name>State Street Bank and Trust Company</name>
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        <name>BOARD OF TRADE OF THE CITY OF CHICAGO, INC.</name>
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        <name>CIFC Funding Ltd</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>State Street Bank and Trust Company</name>
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        <name>DEUTSCHE BANK AKTIENGESELLSCHAFT</name>
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        <name>Bank of America, National Association</name>
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        <name>BOEING CO</name>
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        <name>BNP PARIBAS</name>
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        <name>BNP PARIBAS</name>
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        <name>CZECH REPUBLIC</name>
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        <name>State Street Bank and Trust Company</name>
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        <name>CSAIL Commercial Mortgage Trus</name>
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        <name>Bank of America, National Association</name>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <curCd>USD</curCd>
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        <name>GC TREASURY CENTRE CO</name>
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        <curCd>USD</curCd>
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        <invCountry>TH</invCountry>
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        <fairValLevel>2</fairValLevel>
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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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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bank of Montreal</name>
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      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS USD</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY CAPITAL SERVICES LLC</name>
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      <invstOrSec>
        <name>BNP PARIBAS</name>
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        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS JPY</title>
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        <assetCat>DIR</assetCat>
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        <name>Fannie Mae</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>Fannie Mae Pool</title>
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        <name>BNP PARIBAS</name>
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        <name>CARGILL INC</name>
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        <name>ENTERGY CORP</name>
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        <name>STANDARD CHARTERED BANK</name>
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        <title>CURRENCY CONTRACT - EUR</title>
        <cusip>000000000</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.87500000</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>NUTRIEN LTD</name>
        <lei>5493002QQ7GD21OWF963</lei>
        <title>Nutrien Ltd</title>
        <cusip>67077MAY4</cusip>
        <identifiers>
          <isin value="US67077MAY49"/>
          <other otherDesc="SEDOL" value="BQ697K1"/>
        </identifiers>
        <balance>31000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>31534.93000000</valUSD>
        <pctVal>0.012209189339</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-07</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95000000</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>BNP PARIBAS</name>
        <lei>R0MUWSFPU8MPRO8K5P83</lei>
        <title>CURRENCY CONTRACT - SEK</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTSEK__00099940"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2867.21000000</valUSD>
        <pctVal>0.001110080465</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>BNP PARIBAS</counterpartyName>
              <counterpartyLei>R0MUWSFPU8MPRO8K5P83</counterpartyLei>
            </counterparties>
            <amtCurSold>-325504.65000000</amtCurSold>
            <curSold>USD</curSold>
            <amtCurPur>3417250.97000000</amtCurPur>
            <curPur>SEK</curPur>
            <settlementDt>2024-02-02</settlementDt>
            <unrealizedAppr>2867.21000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UK CLEARING HOUSE LIMITED</name>
        <lei>213800O8SCO4XJGBU385</lei>
        <title>IRS JPY</title>
        <cusip>000000000</cusip>
        <identifiers>
          <other otherDesc="INTERNAL" value="BIN1TAUE6"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="JPY" exchangeRt="147.18000000"/>
        <valUSD>-303331.31000000</valUSD>
        <pctVal>-0.11743896042</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>UK CLEARING HOUSE LIMITED</counterpartyName>
              <counterpartyLei>213800O8SCO4XJGBU385</counterpartyLei>
            </counterparties>
            <swapFlag>Y</swapFlag>
            <fixedRecDesc amount="N/A" curCd="JPY" fixedOrFloating="Fixed" fixedRt="0.82600000"/>
            <floatingPmntDesc curCd="JPY" fixedOrFloating="Floating" floatingRtIndex="1 DAY JAPAN TONAR RATE" floatingRtSpread="0.00000000" pmntAmt="-350000000.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="1" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2047-05-20</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>JPY</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>JPY</rcptCurCd>
            <notionalAmt>350000000.00000000</notionalAmt>
            <curCd>JPY</curCd>
            <unrealizedAppr>-303331.31000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MATCH GROUP HLD II LLC</name>
        <lei>5493003RFFE030RC9167</lei>
        <title>Match Group Holdings II LLC</title>
        <cusip>57667JAA0</cusip>
        <identifiers>
          <isin value="US57667JAA07"/>
          <other otherDesc="SEDOL" value="BP94PM4"/>
        </identifiers>
        <balance>210000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>179699.10000000</valUSD>
        <pctVal>0.069573020648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.62500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="179699.10000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>INGERSOLL RAND INC</name>
        <lei>5299004C02FMZCUOIR50</lei>
        <title>Ingersoll Rand Inc</title>
        <cusip>45687VAB2</cusip>
        <identifiers>
          <isin value="US45687VAB27"/>
          <other otherDesc="SEDOL" value="BQV1FV9"/>
        </identifiers>
        <balance>37000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>38666.71000000</valUSD>
        <pctVal>0.014970357743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.70000000</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>MORGAN STANLEY CAPITAL SERVICES LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
        <title>CURRENCY CONTRACT - USD</title>
        <cusip>000000000</cusip>
        <identifiers>
          <ticker value="N/A"/>
          <other otherDesc="INTERNAL" value="CCTUSD__00099541"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-12405.66000000</valUSD>
        <pctVal>-0.00480302483</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>MORGAN STANLEY CAPITAL SERVICES LLC</counterpartyName>
              <counterpartyLei>I7331LVCZKQKX5T7XV54</counterpartyLei>
            </counterparties>
            <amtCurSold>-14107661.08000000</amtCurSold>
            <curSold>MYR</curSold>
            <amtCurPur>2984655.58000000</amtCurPur>
            <curPur>USD</curPur>
            <settlementDt>2024-03-08</settlementDt>
            <unrealizedAppr>-12405.66000000</unrealizedAppr>
          </fwdDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2024-03-25</ncom:dateSigned>
      <ncom:nameOfApplicant>Voya Mutual Funds</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>
