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          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Towd Point Mortgage Trust 2015-1</name>
        <lei>N/A</lei>
        <title>TPMT 2017-5 A1</title>
        <cusip>89169EAA7</cusip>
        <identifiers>
          <isin value="US89169EAA73"/>
          <ticker value="TPMT"/>
        </identifiers>
        <balance>5785150.94</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5725711.41</valUSD>
        <pctVal>0.7394426823</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-02-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.605710000000</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>Towd Point Mortgage Trust</name>
        <lei>N/A</lei>
        <title>TPMT 2015-5 M1</title>
        <cusip>89171VAC1</cusip>
        <identifiers>
          <isin value="US89171VAC19"/>
          <ticker value="TPMF"/>
        </identifiers>
        <balance>4912581.53</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4885224.35</valUSD>
        <pctVal>0.6308986148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.500000000000</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>Towd Pt Mtg Tr 2017-1</name>
        <lei>N/A</lei>
        <title>TPMT 2017-1 A1</title>
        <cusip>89173FAA8</cusip>
        <identifiers>
          <isin value="US89173FAA84"/>
          <ticker value="TPMT"/>
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        <balance>2983852.73</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2959914.77</valUSD>
        <pctVal>0.3822559609</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Towd Point Mortgage Trust 2015-3</name>
        <lei>N/A</lei>
        <title>TPMT 2018-2 A1</title>
        <cusip>89175VAA1</cusip>
        <identifiers>
          <isin value="US89175VAA17"/>
          <ticker value="TPMT"/>
        </identifiers>
        <balance>8829909.62</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8647834.23</valUSD>
        <pctVal>1.1168180303</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Credit Suisse First Boston Mortgage Securities Corp</name>
        <lei>N/A</lei>
        <title>CSMC 2017-PFHP A</title>
        <cusip>12595KAA9</cusip>
        <identifiers>
          <isin value="US12595KAA97"/>
          <ticker value="CSMC"/>
        </identifiers>
        <balance>6080000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6026854.72</valUSD>
        <pctVal>0.7783336080</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.885833600000</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>Csmc Trust 2017</name>
        <lei>N/A</lei>
        <title>CSMC 2017-CHOP A</title>
        <cusip>12651QAA7</cusip>
        <identifiers>
          <isin value="US12651QAA76"/>
          <ticker value="CSMC"/>
        </identifiers>
        <balance>2680000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2540717.72</valUSD>
        <pctVal>0.3281190740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.679167200000</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>Dbgs 2018-Biod Mortgage Trust</name>
        <lei>N/A</lei>
        <title>DBGS 2018-BIOD B</title>
        <cusip>23306GAC1</cusip>
        <identifiers>
          <isin value="US23306GAC15"/>
          <ticker value="DBGS"/>
        </identifiers>
        <balance>10020321.66</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9831331.38</valUSD>
        <pctVal>1.2696598773</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.821672000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DT AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>DTAOT 2018-3A D</title>
        <cusip>23343CAG6</cusip>
        <identifiers>
          <isin value="US23343CAG69"/>
          <ticker value="DTAOT"/>
        </identifiers>
        <balance>5299902.14</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5306362.19</valUSD>
        <pctVal>0.6852861435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.190000000000</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>DT Auto Owner Trust</name>
        <lei>N/A</lei>
        <title>DTAOT 2020-1A C</title>
        <cusip>23344EAE6</cusip>
        <identifiers>
          <isin value="US23344EAE68"/>
          <ticker value="DRVT"/>
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        <balance>8539553.37</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8487074.4</valUSD>
        <pctVal>1.0960568233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.290000000000</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>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TPMT 2019-HY1 A1</title>
        <cusip>89177EAA7</cusip>
        <identifiers>
          <isin value="US89177EAA73"/>
          <ticker value="TPMT"/>
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        <balance>2780291.76</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2747686.44</valUSD>
        <pctVal>0.3548478933</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.005710000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TPMT 2019-MH1 A1</title>
        <cusip>89177WAA7</cusip>
        <identifiers>
          <isin value="US89177WAA71"/>
          <ticker value="TPMT"/>
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        <balance>1627137.19</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1606975.33</valUSD>
        <pctVal>0.2075316172</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HONO 2021-LULU MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>HONO 2021-LULU XCP</title>
        <cusip>40390MAC9</cusip>
        <identifiers>
          <isin value="US40390MAC91"/>
          <ticker value="HONO"/>
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        <balance>94257000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>129952.13</valUSD>
        <pctVal>0.0167825698</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.507856300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREMF Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2013-K25 B</title>
        <cusip>30261NAE0</cusip>
        <identifiers>
          <isin value="US30261NAE04"/>
          <ticker value="FREMF"/>
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        <balance>435000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>435012.53</valUSD>
        <pctVal>0.0561793651</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.719162100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DT AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>DTAOT 2021-1A A</title>
        <cusip>23344GAA9</cusip>
        <identifiers>
          <isin value="US23344GAA94"/>
          <ticker value="DTAOT"/>
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        <balance>640018.98</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>637493.79</valUSD>
        <pctVal>0.0823286548</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.350000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dewolf Park CLO Ltd.</name>
        <lei>N/A</lei>
        <title>DWOLF 2017-1A AR</title>
        <cusip>25211AAE9</cusip>
        <identifiers>
          <isin value="US25211AAE91"/>
          <ticker value="DWOLF"/>
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        <balance>10750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10536268.5</valUSD>
        <pctVal>1.3606984501</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREMF Mortgage Trust</name>
        <lei>N/A</lei>
        <title>FREMF 2012-K23 B</title>
        <cusip>30290WAE5</cusip>
        <identifiers>
          <isin value="US30290WAE57"/>
          <ticker value="FREMF"/>
          <other otherDesc="SEDOL " value="B84J688"/>
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        <balance>800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>799393.84</valUSD>
        <pctVal>0.1032371146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.752001100000</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>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FH 847795</title>
        <cusip>3128JRUU8</cusip>
        <identifiers>
          <isin value="US3128JRUU82"/>
          <ticker value="FHLMC"/>
        </identifiers>
        <balance>71851.5</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71221.9</valUSD>
        <pctVal>0.0091978986</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.497000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>Huntington Ingalls Industries, Inc.</name>
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      <invstOrSec>
        <name>Hyundai Capital America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TOWD POINT HE TRUST</name>
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        <title>TPHT 2021-HE1 A1</title>
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        <name>TOWD POINT MORTGAGE TRUST 2021-SJ2</name>
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        <name>Dignity Health</name>
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        <name>Dominion Energy Inc</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FH 1H1354</title>
        <cusip>3128NGE35</cusip>
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          <ticker value="FHLMC"/>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FH 1J1813</title>
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        <name>Dreyfus Government Cash Management Funds</name>
        <lei>549300F7IDB6WRO7VJ11</lei>
        <title>Dreyfus Government Cash Management Funds SH BEN INT</title>
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          <ticker value="DGCXX"/>
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      <invstOrSec>
        <name>DRIVE AUTO RECEIVABLES TR 2017-3</name>
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        <title>DRIVE 2018-2 D</title>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>HYNMTR 0.8 01/08/24 144A</title>
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        <name>JP Morgan Mortgage Trust</name>
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        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FH 1L0147</title>
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        <name>Federal Home Loan Mortgage Corporation</name>
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        <name>DT AUTO OWNER TRUST</name>
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        <title>DTAOT 2019-3A C</title>
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        <name>Elara Hgv Timeshare Issuer</name>
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        <name>FCI FUNDING LLC</name>
        <lei>N/A</lei>
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        <name>ENCINA EQUIPMENT FINANCE LLC</name>
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      <invstOrSec>
        <name>Regency Energy Partners LP/Regency Energy Finance Corp.</name>
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        <name>Toyota Motor Corp.</name>
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        <name>Tricon American Homes Trust</name>
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      <invstOrSec>
        <name>Jpmbb Commercial Mortgage Securities Trust 2014-C24</name>
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        <name>JP MORGAN MORTGAGE TRUST</name>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
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        <title>FH 1Q0080</title>
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          <ticker value="FHLMC"/>
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        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FH 1Q0119</title>
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      <invstOrSec>
        <name>Tricon American Homes Trust</name>
        <lei>N/A</lei>
        <title>TAH 2017-SFR2 D</title>
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          <ticker value="TAH"/>
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        <name>Triton Container International Limited</name>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>F N B Corp (Pennsylvania)</name>
        <lei>PCYSKIGYNYFDTBLVZU83</lei>
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        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FG G00100</title>
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        <name>UBS Group AG</name>
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        <invCountry>CH</invCountry>
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        <name>Ubs-Barclays Commercial Mortgage Trust 2012-C2</name>
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        <name>JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST</name>
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        <title>JPMCC 2019-MFP C</title>
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        <name>LAD AUTO RECEIVABLES TRUST 2021-1</name>
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        <title>LADAR 2021-1A A</title>
        <cusip>501683AA4</cusip>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 175123</title>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <ticker value="FNMA"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <valUSD>56200.68</valUSD>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <isin value="US31371MT565"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
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      <invstOrSec>
        <name>ACC AUTO TRUST</name>
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        <title>AUTOC 2021-A A</title>
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          <isin value="US00108XAA63"/>
          <ticker value="AUTOC"/>
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        <balance>3763464.82</balance>
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        <curCd>USD</curCd>
        <valUSD>3700476.46</valUSD>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>Aegis Asset Backed Secs Trust</name>
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          <isin value="US00764MGG69"/>
          <ticker value="AABST"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>AGL Statistic CLO 18 Ltd / AGL Statistic CLO 18 LLC</name>
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        <title>ASTAT 2022-18A A1</title>
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          <isin value="US00850BAA44"/>
          <ticker value="ASTAT"/>
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        <curCd>USD</curCd>
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        <name>U.S. International Development Finance Corporation</name>
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          <isin value="US90376PAB76"/>
          <ticker value="DFC"/>
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        <balance>5640000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 256852</title>
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          <isin value="US31371NH576"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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        <title>FN 323832</title>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>UNITED AUTO CREDIT SECURITIZATION TRUST 2022-1</name>
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        <title>UACST 2022-1 B</title>
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          <ticker value="UACST"/>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 334593</title>
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          <isin value="US31375GUS38"/>
          <ticker value="FNMA"/>
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        <name>Federal National Mortgage Association</name>
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        <title>FN AI6588</title>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
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        <title>FH 1Q0187</title>
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          <ticker value="FHLMC"/>
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        <name>Federal Home Loan Mortgage Corporation</name>
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        <debtSec>
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        <name>CFMT 2021-HB6 LLC</name>
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        <title>CFMT 2021-HB6 A</title>
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          <isin value="US12527LAA08"/>
          <ticker value="CFMT"/>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN AI8506</title>
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          <isin value="US3138ANNY54"/>
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        <name>Federal Home Loan Mortgage Corporation</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal Home Loan Mortgage Corporation</name>
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        <name>Federal Home Loan Mortgage Corporation</name>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.250000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CenterPoint Energy Resources Corp.</name>
        <lei>2JADVB0458J06WCD4N56</lei>
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          <isin value="US15189WAN02"/>
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        <balance>4596000</balance>
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        <curCd>USD</curCd>
        <valUSD>4583128.44</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.110710000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CGCMT 2021-PRM2 XCP</title>
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        <identifiers>
          <isin value="US17291HAC88"/>
          <ticker value="CGCMT"/>
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        <balance>56000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>142671.2</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.719631900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dairy Farmers of America Inc</name>
        <lei>1LTUIZEFFT7MUIERI838</lei>
        <title>Dairy Farmers of America Inc 0% CP 01/07/2022</title>
        <cusip>23385UG12</cusip>
        <identifiers>
          <isin value="US23385UG128"/>
          <ticker value="DFAINC"/>
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        <balance>25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24998733.25</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 2770 FH</title>
        <cusip>31394TZB4</cusip>
        <identifiers>
          <isin value="US31394TZB42"/>
          <ticker value="FHLMC"/>
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        <balance>143538.7</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>143136.73</valUSD>
        <pctVal>0.0184852851</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.274710000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gnma Pass-Thru M Single Family</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA2392</title>
        <cusip>36179QUR0</cusip>
        <identifiers>
          <isin value="US36179QUR00"/>
          <ticker value="G2"/>
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        <balance>33098.64</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>32774.54</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-11-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.750000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN AL2591</title>
        <cusip>3138EJ2Z0</cusip>
        <identifiers>
          <isin value="US3138EJ2Z01"/>
          <ticker value="FNMA"/>
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        <balance>10979.15</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>11254.89</valUSD>
        <pctVal>0.0014535043</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN AL5275</title>
        <cusip>3138EM2H3</cusip>
        <identifiers>
          <isin value="US3138EM2H31"/>
          <ticker value="FNMA"/>
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        <balance>232718.7</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>236670.25</valUSD>
        <pctVal>0.0305646010</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.238000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Gnma Pass-Thru M Single Family</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA2466</title>
        <cusip>36179QW31</cusip>
        <identifiers>
          <isin value="US36179QW315"/>
          <ticker value="G2"/>
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        <balance>261870.77</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>258882.86</valUSD>
        <pctVal>0.0334332317</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GN 344233</title>
        <cusip>36203BLN2</cusip>
        <identifiers>
          <isin value="US36203BLN28"/>
          <ticker value="GNR"/>
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        <balance>578.45</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>581.34</valUSD>
        <pctVal>0.0000750767</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN AL7396</title>
        <cusip>3138EQGE6</cusip>
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          <isin value="US3138EQGE68"/>
          <ticker value="FNMA"/>
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        <balance>692326.52</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>707413.9</valUSD>
        <pctVal>0.0913584347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.256000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 665773</title>
        <cusip>31391FT65</cusip>
        <identifiers>
          <isin value="US31391FT658"/>
          <ticker value="FNMA"/>
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        <balance>19745</balance>
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        <curCd>USD</curCd>
        <valUSD>19783.39</valUSD>
        <pctVal>0.0025549110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 679742</title>
        <cusip>31391XEP0</cusip>
        <identifiers>
          <isin value="US31391XEP06"/>
          <ticker value="FNMA"/>
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        <balance>72627.52</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>72137.59</valUSD>
        <pctVal>0.0093161547</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Variable</couponKind>
          <annualizedRt>2.722000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNW 2001-W4 AF5</title>
        <cusip>3139216T0</cusip>
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          <isin value="US3139216T08"/>
          <ticker value="FNMA"/>
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        <balance>138768.1</balance>
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        <curCd>USD</curCd>
        <valUSD>145813.97</valUSD>
        <pctVal>0.0188310352</pctVal>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>6.114000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GN 345123</title>
        <cusip>36203CLC4</cusip>
        <identifiers>
          <isin value="US36203CLC46"/>
          <ticker value="GNR"/>
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        <balance>4297.35</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4308.26</valUSD>
        <pctVal>0.0005563870</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GN 780322</title>
        <cusip>36225ALB4</cusip>
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          <isin value="US36225ALB43"/>
          <ticker value="GNR"/>
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        <balance>32.95</balance>
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        <curCd>USD</curCd>
        <valUSD>32.99</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 80826</title>
        <cusip>36225C4L7</cusip>
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          <isin value="US36225C4L74"/>
          <ticker value="GNR"/>
          <other otherDesc="SEDOL " value="B03RKN0"/>
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        <balance>178774.42</balance>
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        <curCd>USD</curCd>
        <valUSD>180351.67</valUSD>
        <pctVal>0.0232913804</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 80889</title>
        <cusip>36225C7B6</cusip>
        <identifiers>
          <isin value="US36225C7B65"/>
          <ticker value="GNR"/>
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        <balance>76983</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>77076.83</valUSD>
        <pctVal>0.0099540291</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.875000000000</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>Areit 2019 Cre3 Trust</name>
        <lei>N/A</lei>
        <title>AREIT 2019-CRE3 A</title>
        <cusip>00217LAA0</cusip>
        <identifiers>
          <isin value="US00217LAA08"/>
          <ticker value="AREIT"/>
        </identifiers>
        <balance>338993.84</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>331343.05</valUSD>
        <pctVal>0.0427910483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.980001100000</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>AREIT TRUST</name>
        <lei>N/A</lei>
        <title>AREIT 2020-CRE4 C</title>
        <cusip>04002RAG5</cusip>
        <identifiers>
          <isin value="US04002RAG56"/>
          <ticker value="AREIT"/>
        </identifiers>
        <balance>10793000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10243627.67</valUSD>
        <pctVal>1.3229055708</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.018450000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2003-33 AM</title>
        <cusip>31393BFF7</cusip>
        <identifiers>
          <isin value="US31393BFF76"/>
          <ticker value="FNMA"/>
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        <balance>29050.3</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>29399.41</valUSD>
        <pctVal>0.0037967646</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2003-42 CA</title>
        <cusip>31393BUG8</cusip>
        <identifiers>
          <isin value="US31393BUG84"/>
          <ticker value="FNMA"/>
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        <balance>18343.55</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>18593.72</valUSD>
        <pctVal>0.0024012719</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>CGCMT 2013-GC11 AAB</title>
        <cusip>17320DAJ7</cusip>
        <identifiers>
          <isin value="US17320DAJ72"/>
          <ticker value="UBSC"/>
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        <balance>839283.53</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>838807.15</valUSD>
        <pctVal>0.1083271168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-04-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.690000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citigroup Coml Mtg Tr 2018</name>
        <lei>N/A</lei>
        <title>CGCMT 2015-GC35 A2</title>
        <cusip>17324KAM0</cusip>
        <identifiers>
          <isin value="US17324KAM09"/>
          <ticker value="CGCMT"/>
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        <balance>1026728.72</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1017527.38</valUSD>
        <pctVal>0.1314078062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-11-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.063000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 81016</title>
        <cusip>36225DDW1</cusip>
        <identifiers>
          <isin value="US36225DDW11"/>
          <ticker value="GNR"/>
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        <balance>153989.33</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>152942.36</valUSD>
        <pctVal>0.0197516257</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-08-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 82760</title>
        <cusip>36225FB65</cusip>
        <identifiers>
          <isin value="US36225FB651"/>
          <ticker value="GNR"/>
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        <balance>170470.3</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>172891.76</valUSD>
        <pctVal>0.0223279760</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-03-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.625000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GLS AUTO RECEIVABLES ISSUER TRUST</name>
        <lei>N/A</lei>
        <title>GCAR 2019-4A B</title>
        <cusip>36258HAC9</cusip>
        <identifiers>
          <isin value="US36258HAC97"/>
          <ticker value="GCAR"/>
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        <balance>1454998.35</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1454925.02</valUSD>
        <pctVal>0.1878951946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.780000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gpmt 2019-Fl2 Ltd / Gpmt 2019-Fl2 Llc</name>
        <lei>N/A</lei>
        <title>GPMT 2019-FL2 AS</title>
        <cusip>36259BAC1</cusip>
        <identifiers>
          <isin value="US36259BAC19"/>
          <ticker value="GPMT"/>
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        <balance>5100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5082907.86</valUSD>
        <pctVal>0.6564283026</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-02-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.780800000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2003-81 FE</title>
        <cusip>31393TKR6</cusip>
        <identifiers>
          <isin value="US31393TKR67"/>
          <ticker value="FNMA"/>
          <other otherDesc="SEDOL " value="B03SZY9"/>
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        <balance>100247.95</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100379.52</valUSD>
        <pctVal>0.0129634374</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.505710000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2003-119 PU</title>
        <cusip>31393UEC3</cusip>
        <identifiers>
          <isin value="US31393UEC36"/>
          <ticker value="FNMA"/>
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        <balance>10733.91</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10763.9</valUSD>
        <pctVal>0.0013900957</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Comerica Incorporated</name>
        <lei>I9Q57JVPWHHZ3ZGBW498</lei>
        <title>CMA 3.7 07/31/23</title>
        <cusip>200340AS6</cusip>
        <identifiers>
          <isin value="US200340AS60"/>
          <ticker value="CMA"/>
          <other otherDesc="SEDOL " value="BF2F2S9"/>
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        <balance>4367000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4366135.9</valUSD>
        <pctVal>0.5638613283</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.700000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Community Program</name>
        <lei>N/A</lei>
        <title>CPLT 1987-A A5</title>
        <cusip>204012AE8</cusip>
        <identifiers>
          <isin value="US204012AE81"/>
          <ticker value="CPLT"/>
          <other otherDesc="SEDOL " value="B3D30S4"/>
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        <balance>6671.54</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6469.82</valUSD>
        <pctVal>0.0008355400</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CONNS RECEIVABLES FUNDING 2021-A LLC</name>
        <lei>N/A</lei>
        <title>CONN 2021-A A</title>
        <cusip>20825GAA3</cusip>
        <identifiers>
          <isin value="US20825GAA31"/>
          <ticker value="CONN"/>
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        <balance>3343390.41</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3322840.6</valUSD>
        <pctVal>0.4291257435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.050000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2002-72 AB</title>
        <cusip>38373VVR8</cusip>
        <identifiers>
          <isin value="US38373VVR85"/>
          <ticker value="GNR"/>
          <other otherDesc="SEDOL " value="B81SHY1"/>
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        <balance>41433.19</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>41412.88</valUSD>
        <pctVal>0.0053482352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-10-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.500000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2011-57 BA</title>
        <cusip>38377UM21</cusip>
        <identifiers>
          <isin value="US38377UM217"/>
          <ticker value="GNR"/>
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        <balance>15390.08</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15346.77</valUSD>
        <pctVal>0.0019819470</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2040-05-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.000000000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2009-32 BH</title>
        <cusip>31397NZN8</cusip>
        <identifiers>
          <isin value="US31397NZN82"/>
          <ticker value="FNMA"/>
        </identifiers>
        <balance>240031.41</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>243877.67</valUSD>
        <pctVal>0.0314953978</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-05-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.250000000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2011-15 HC</title>
        <cusip>31397QXY9</cusip>
        <identifiers>
          <isin value="US31397QXY96"/>
          <ticker value="FNMA"/>
        </identifiers>
        <balance>95.5</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>94.94</valUSD>
        <pctVal>0.0000122610</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.500000000000</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>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America 0% CP 05/07/2022</title>
        <cusip>44890NG53</cusip>
        <identifiers>
          <isin value="US44890NG531"/>
          <ticker value="HYNMTR"/>
        </identifiers>
        <balance>8400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8397810.2</valUSD>
        <pctVal>1.0845288655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-05</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>Kellogg Company</name>
        <lei>LONOZNOJYIBXOHXWDB86</lei>
        <title>Kellogg Company 0% CP 01/07/2022</title>
        <cusip>48783DG15</cusip>
        <identifiers>
          <isin value="US48783DG154"/>
          <ticker value="K"/>
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        <balance>24400000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24398777.32</valUSD>
        <pctVal>3.1509616980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-01</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ares Xl Clo Ltd</name>
        <lei>N/A</lei>
        <title>ARES 2016-40A A1RR</title>
        <cusip>04016GBB3</cusip>
        <identifiers>
          <isin value="US04016GBB32"/>
          <ticker value="ARES"/>
        </identifiers>
        <balance>5831294.64</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5742134.14</valUSD>
        <pctVal>0.7415635834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-01-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.111290100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Asset Backed Secs Corp Home Equity Loan</name>
        <lei>N/A</lei>
        <title>ABSHE 2006-HE3 A5</title>
        <cusip>04541GXC1</cusip>
        <identifiers>
          <isin value="US04541GXC13"/>
          <ticker value="ABSHE"/>
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        <balance>4464947.07</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4312765.6</valUSD>
        <pctVal>0.5569688612</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.141609200000</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>Orange &amp; Rockland Utilities Inc.</name>
        <lei>26RM8T263FMD21834H79</lei>
        <title>Orange &amp; Rockland Utilities Inc. 0% CP 06/07/2022</title>
        <cusip>68406YG63</cusip>
        <identifiers>
          <isin value="US68406YG633"/>
          <ticker value="ED"/>
        </identifiers>
        <balance>6150000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6148107.83</valUSD>
        <pctVal>0.7939927494</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-07-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.000000000000</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>Pacific Gas and Electric Company</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PCG F 11/14/22</title>
        <cusip>694308JX6</cusip>
        <identifiers>
          <isin value="US694308JX68"/>
          <ticker value="PCG"/>
          <other otherDesc="SEDOL " value="BL69KZ2"/>
        </identifiers>
        <balance>1500000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1493901.2</valUSD>
        <pctVal>0.1929287439</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-11-14</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.166460000000</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>Government National Mortgage Association</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2012-27 A</title>
        <cusip>38378BQA0</cusip>
        <identifiers>
          <isin value="US38378BQA07"/>
          <ticker value="GNR"/>
        </identifiers>
        <balance>20416.37</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>20252.63</valUSD>
        <pctVal>0.0026155106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-07-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.614000000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 725424</title>
        <cusip>31402C4H2</cusip>
        <identifiers>
          <isin value="US31402C4H21"/>
          <ticker value="FNMA"/>
          <other otherDesc="SEDOL " value="B083RR6"/>
        </identifiers>
        <balance>64179.38</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>66829.34</valUSD>
        <pctVal>0.0086306247</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.500000000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 725490</title>
        <cusip>31402C7B2</cusip>
        <identifiers>
          <isin value="US31402C7B24"/>
          <ticker value="FNMA"/>
        </identifiers>
        <balance>213042.5</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>215824.37</valUSD>
        <pctVal>0.0278724755</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.736000000000</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>Small Business Administration</name>
        <lei>N/A</lei>
        <title>SBAP 2003-20E 1</title>
        <cusip>83162CMZ3</cusip>
        <identifiers>
          <isin value="US83162CMZ31"/>
          <ticker value="SBAP"/>
        </identifiers>
        <balance>2396.3</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2400.26</valUSD>
        <pctVal>0.0003099798</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.640000000000</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>WFRBS Commercial Mortgage Trust 2011-C2</name>
        <lei>N/A</lei>
        <title>WFRBS 2012-C9 AS</title>
        <cusip>92930RAC6</cusip>
        <identifiers>
          <isin value="US92930RAC60"/>
          <ticker value="WFRBS"/>
          <other otherDesc="SEDOL " value="B8GHN89"/>
        </identifiers>
        <balance>5000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4994483</valUSD>
        <pctVal>0.6450087407</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.388000000000</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>MF1 2020-FL4 LTD</name>
        <lei>N/A</lei>
        <title>MF1 2020-FL4 A</title>
        <cusip>58003UAA6</cusip>
        <identifiers>
          <isin value="US58003UAA60"/>
          <ticker value="MF1"/>
        </identifiers>
        <balance>7175000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7120213.85</valUSD>
        <pctVal>0.9195346483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.610450000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 735484</title>
        <cusip>31402RCV9</cusip>
        <identifiers>
          <isin value="US31402RCV96"/>
          <ticker value="FNMA"/>
        </identifiers>
        <balance>10130.65</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10659.71</valUSD>
        <pctVal>0.0013766402</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.000000000000</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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 813170</title>
        <cusip>31406LMT2</cusip>
        <identifiers>
          <isin value="US31406LMT25"/>
          <ticker value="FNMA"/>
        </identifiers>
        <balance>70478.38</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71272.13</valUSD>
        <pctVal>0.0092043855</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.004000000000</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>WFRBS Commercial Mortgage Trust 2011-C2</name>
        <lei>N/A</lei>
        <title>WFRBS 2013-C12 D</title>
        <cusip>92937FAU5</cusip>
        <identifiers>
          <isin value="US92937FAU57"/>
          <ticker value="WFRBS"/>
          <other otherDesc="SEDOL " value="BZ03JM8"/>
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        <balance>10450000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10074835.6</valUSD>
        <pctVal>1.3011070462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-03-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.530367400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wf-Rbs Com Mg Tst</name>
        <lei>N/A</lei>
        <title>WFRBS 2014-C19 A3</title>
        <cusip>92938VAN5</cusip>
        <identifiers>
          <isin value="US92938VAN55"/>
          <ticker value="WFRBS"/>
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        <balance>122208.66</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>121844.09</valUSD>
        <pctVal>0.0157354631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.660000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MF1 2020-FL4 LTD</name>
        <lei>N/A</lei>
        <title>MF1 2020-FL4 AS</title>
        <cusip>58003UAC2</cusip>
        <identifiers>
          <isin value="US58003UAC27"/>
          <ticker value="MF1"/>
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        <balance>4000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3921127.6</valUSD>
        <pctVal>0.5063910670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.010450000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MF1 2020-FL4 LTD</name>
        <lei>N/A</lei>
        <title>MF1 2020-FL4 C</title>
        <cusip>58003UAG3</cusip>
        <identifiers>
          <isin value="US58003UAG31"/>
          <ticker value="MF1"/>
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        <balance>10219000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9955503.09</valUSD>
        <pctVal>1.2856959392</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-12-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.510450000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wells Fargo Commercial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>WFCM 2012-LC5 AS</title>
        <cusip>94988HAE1</cusip>
        <identifiers>
          <isin value="US94988HAE18"/>
          <ticker value="WFCM"/>
          <other otherDesc="SEDOL " value="B83JX55"/>
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        <balance>7000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6992468</valUSD>
        <pctVal>0.9030370069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-10-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.539000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WESTLAKE AUTOMOBILE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>WLAKE 2019-2A D</title>
        <cusip>96041LAF9</cusip>
        <identifiers>
          <isin value="US96041LAF94"/>
          <ticker value="WLAKE"/>
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        <balance>9784039</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9786322.59</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.200000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLMI 2003-A1 2A</title>
        <cusip>589929D88</cusip>
        <identifiers>
          <isin value="US589929D885"/>
          <ticker value="OPT"/>
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        <balance>16109.7</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>15314.15</valUSD>
        <pctVal>0.0019777344</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.549142800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Merrill Lynch Mortgage Investors, Inc.</name>
        <lei>N/A</lei>
        <title>MLCC 2004-1 1A</title>
        <cusip>59020UNM3</cusip>
        <identifiers>
          <isin value="US59020UNM35"/>
          <ticker value="OPT"/>
          <other otherDesc="SEDOL " value="B1XG0K1"/>
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        <balance>41817.93</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>40348.41</valUSD>
        <pctVal>0.0052107650</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.609632800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 815323</title>
        <cusip>31406NYU2</cusip>
        <identifiers>
          <isin value="US31406NYU26"/>
          <ticker value="FNMA"/>
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        <balance>221188.13</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>226402.16</valUSD>
        <pctVal>0.0292385362</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.952000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 820364</title>
        <cusip>31406UMM7</cusip>
        <identifiers>
          <isin value="US31406UMM70"/>
          <ticker value="FNMA"/>
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        <balance>68305.12</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68061.84</valUSD>
        <pctVal>0.0087897950</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.202000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AUSTIN FAIRMONT HOTEL TRUST 2019-FAIR</name>
        <lei>N/A</lei>
        <title>AFHT 2019-FAIR C</title>
        <cusip>05223HAJ1</cusip>
        <identifiers>
          <isin value="US05223HAJ14"/>
          <ticker value="AFHT"/>
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        <balance>4800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4630938.72</valUSD>
        <pctVal>0.5980590888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.402500100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AVID AUTOMOBILE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>AVID 2021-1 A</title>
        <cusip>05369LAA5</cusip>
        <identifiers>
          <isin value="US05369LAA52"/>
          <ticker value="AVID"/>
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        <balance>2719811.98</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2672038.75</valUSD>
        <pctVal>0.3450784294</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.610000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bds 2020-Fl5 Ltd / Llc</name>
        <lei>N/A</lei>
        <title>BDS 2020-FL5 B</title>
        <cusip>05492QAE6</cusip>
        <identifiers>
          <isin value="US05492QAE61"/>
          <ticker value="BDS"/>
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        <balance>6048000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5837198.77</valUSD>
        <pctVal>0.7538406333</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.777240100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BHMS Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BHMS 2018-ATLS A</title>
        <cusip>05549GAA9</cusip>
        <identifiers>
          <isin value="US05549GAA94"/>
          <ticker value="BHMS"/>
          <other otherDesc="SEDOL " value="BZ56PR9"/>
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        <balance>8145000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>7830765.09</valUSD>
        <pctVal>1.0112982524</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.195833300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MF1 2020-FL3 LTD</name>
        <lei>N/A</lei>
        <title>MF1 2020-FL3 AS</title>
        <cusip>59319WAB7</cusip>
        <identifiers>
          <isin value="US59319WAB72"/>
          <ticker value="MF1"/>
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        <balance>5000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4907515</valUSD>
        <pctVal>0.6337773239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.746130000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Microchip Technology Incorporated</name>
        <lei>5493007PTFULNYZJ1R12</lei>
        <title>MCHP 4.25 09/01/25</title>
        <cusip>595017BA1</cusip>
        <identifiers>
          <isin value="US595017BA15"/>
          <ticker value="MCHP"/>
          <other otherDesc="SEDOL " value="BNTZVT2"/>
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        <balance>4000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3897831.24</valUSD>
        <pctVal>0.5033824762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.250000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mill City Mortgage Loan Trust 2018-2</name>
        <lei>N/A</lei>
        <title>MCMLT 2018-2 A1</title>
        <cusip>59980MAC5</cusip>
        <identifiers>
          <isin value="US59980MAC55"/>
          <ticker value="MCMLT"/>
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        <balance>1000928.45</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>992506.84</valUSD>
        <pctVal>0.1281765474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.500000100000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MILL CITY MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>MCMLT 2017-1 A1</title>
        <cusip>59981HAA9</cusip>
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        <balance>85468.35</balance>
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        <curCd>USD</curCd>
        <valUSD>85332.4</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <isin value="US31407DUL71"/>
          <ticker value="FNMA"/>
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        <balance>99622.17</balance>
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        <curCd>USD</curCd>
        <valUSD>101937.29</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>Variable</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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          <isin value="US31410GWV12"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Mitsubishi UFJ Financial Group, Inc.</name>
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        <curCd>USD</curCd>
        <valUSD>3660195.76</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.848000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Monroe Capital Mml Clo</name>
        <lei>5493006UQZL8BZLQCE22</lei>
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          <ticker value="MOCAP"/>
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        <balance>6225342.52</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>6137577.64</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.558860000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 889061</title>
        <cusip>31410GWW9</cusip>
        <identifiers>
          <isin value="US31410GWW94"/>
          <ticker value="FNMA"/>
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        <balance>39395.96</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 889382</title>
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          <isin value="US31410KCT97"/>
          <ticker value="FNMA"/>
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        <balance>2412.32</balance>
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        <curCd>USD</curCd>
        <valUSD>2593.47</valUSD>
        <pctVal>0.0003349317</pctVal>
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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>Fixed</couponKind>
          <annualizedRt>5.500000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bsprt 2019-Fl5 Issuer Ltd/Llc</name>
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        <title>BSPRT 2019-FL5 A</title>
        <cusip>05587TAA4</cusip>
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          <isin value="US05587TAA43"/>
          <ticker value="BSPRT"/>
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        <balance>201872.79</balance>
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        <curCd>USD</curCd>
        <valUSD>200595.64</valUSD>
        <pctVal>0.0259057727</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.024710000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>BPR TRUST 2021-KEN</name>
        <lei>N/A</lei>
        <title>BPR 2021-KEN A</title>
        <cusip>05591QAA4</cusip>
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          <ticker value="BPR"/>
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        <curCd>USD</curCd>
        <valUSD>963571.82</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.195833400000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MStanley Cap I Tr</name>
        <lei>N/A</lei>
        <title>MSC 2017-CLS A</title>
        <cusip>61691LAA7</cusip>
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          <isin value="US61691LAA70"/>
          <ticker value="MSC"/>
          <other otherDesc="SEDOL " value="BDG2CQ0"/>
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        <curCd>USD</curCd>
        <valUSD>1397105.04</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.627500000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MStanley Cap I Tr</name>
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        <title>MSC 2017-CLS B</title>
        <cusip>61691LAG4</cusip>
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          <ticker value="MSC"/>
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        <curCd>USD</curCd>
        <valUSD>8592903.87</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>BPR TRUST 2021-KEN</name>
        <lei>N/A</lei>
        <title>BPR 2021-KEN B</title>
        <cusip>05591QAG1</cusip>
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          <isin value="US05591QAG10"/>
          <ticker value="BPR"/>
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        <balance>8900000</balance>
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        <curCd>USD</curCd>
        <valUSD>8781169.87</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.919166700000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Barings Clo Ltd 2013-I</name>
        <lei>N/A</lei>
        <title>BABSN 2013-IA BR</title>
        <cusip>06760EAC0</cusip>
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          <isin value="US06760EAC03"/>
          <ticker value="BABSN"/>
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        <balance>3750000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3666798.75</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>0.000000000000</annualizedRt>
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        <name>Bear Stearns Arm Trust</name>
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        <title>BSARM 2003-1 5A1</title>
        <cusip>07384MTM4</cusip>
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          <isin value="US07384MTM46"/>
          <ticker value="BSARM"/>
          <other otherDesc="SEDOL " value="BD60PT8"/>
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        <curCd>USD</curCd>
        <valUSD>643711.54</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.065063200000</annualizedRt>
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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>Bear Stearns Asset Backed Securities Trust</name>
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        <title>BSABS 2003-AC7 A2</title>
        <cusip>07384YPJ9</cusip>
        <identifiers>
          <isin value="US07384YPJ90"/>
          <ticker value="BSABS"/>
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        <balance>116182.84</balance>
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        <curCd>USD</curCd>
        <valUSD>104202.93</valUSD>
        <pctVal>0.0134572088</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Bank of America Merrill Lynch Trust 2012-C6</name>
        <lei>N/A</lei>
        <title>MSBAM 2012-C6 A4</title>
        <cusip>61761DAD4</cusip>
        <identifiers>
          <isin value="US61761DAD49"/>
          <ticker value="MSBAM"/>
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        <balance>4404858.84</balance>
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        <curCd>USD</curCd>
        <valUSD>4399089.8</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2045-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.858000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley BAML Trust</name>
        <lei>N/A</lei>
        <title>MSBAM 2013-C8 ASB</title>
        <cusip>61761QAC7</cusip>
        <identifiers>
          <isin value="US61761QAC78"/>
          <ticker value="MSBAM"/>
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        <balance>537785.82</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>537262.93</valUSD>
        <pctVal>0.0693844159</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-12-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.699000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN 922674</title>
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        <name>Federal National Mortgage Association</name>
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        <name>Black Diamond Clo 2017-1 Ltd/Llc</name>
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        <name>Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10</name>
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        <name>MORGAN STANLEY CAPITAL I TRUST</name>
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        <name>Westlake Automobile Receivables Tr 2019-1</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>Federal National Mortgage Association</name>
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        <name>BRAVO RESIDENTIAL FUNDING TRUST</name>
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        <name>National Bank of Canada</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Nestle Holdings, Inc.</name>
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        <name>Neuberger Berman CLO XV Ltd.</name>
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        <name>NextEra Energy Capital Holdings Inc</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN AE0363</title>
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        <name>Federal National Mortgage Association</name>
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        <name>FLAGSHIP CREDIT AUTO TRUST</name>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fna VI LLC</name>
        <lei>N/A</lei>
        <title>FNH 2021-1A A</title>
        <cusip>34411YAA5</cusip>
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          <isin value="US34411YAA55"/>
          <ticker value="FNH"/>
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        <balance>3123819.86</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2919781.01</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-01-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>FCRT 2018-2 D</title>
        <cusip>35105MAF8</cusip>
        <identifiers>
          <isin value="US35105MAF86"/>
          <ticker value="FCRT"/>
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        <balance>2717438.35</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2717920.42</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.330000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PALMER SQUARE LOAN FUNDING LTD</name>
        <lei>N/A</lei>
        <title>PSTAT 2019-3A A1</title>
        <cusip>69689LAA4</cusip>
        <identifiers>
          <isin value="US69689LAA44"/>
          <ticker value="PSTAT"/>
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        <balance>2058266.67</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2045637.15</valUSD>
        <pctVal>0.2641822671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.329570000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PALMER SQUARE LOAN FUNDING LTD</name>
        <lei>N/A</lei>
        <title>PSTAT 2020-1A A1</title>
        <cusip>69701EAA4</cusip>
        <identifiers>
          <isin value="US69701EAA47"/>
          <ticker value="PSTAT"/>
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        <balance>1900374.34</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1865173.71</valUSD>
        <pctVal>0.2408764523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.279570000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PALMER SQUARE LOAN FUNDING LTD</name>
        <lei>N/A</lei>
        <title>PSTAT 2021-4A A1</title>
        <cusip>69702HAA6</cusip>
        <identifiers>
          <isin value="US69702HAA68"/>
          <ticker value="PSTAT"/>
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        <balance>9599221.88</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9423680.91</valUSD>
        <pctVal>1.2170141648</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Peaks CLO 1 Ltd/Llc</name>
        <lei>N/A</lei>
        <title>PEAKS 2014-1A A2R</title>
        <cusip>70469QAL3</cusip>
        <identifiers>
          <isin value="US70469QAL32"/>
          <ticker value="PEAKS"/>
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        <balance>2927097.89</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2870203.89</valUSD>
        <pctVal>0.3706703170</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.667710000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Prestige Auto Receivables Trust 1</name>
        <lei>549300L40MNGIY25DE37</lei>
        <title>PART 2018-1A C</title>
        <cusip>74114NAJ6</cusip>
        <identifiers>
          <isin value="US74114NAJ63"/>
          <ticker value="PART"/>
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        <balance>113473.23</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>113493.93</valUSD>
        <pctVal>0.0146570880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Prestige Auto Receivables Trust 1</name>
        <lei>549300L40MNGIY25DE37</lei>
        <title>PART 2018-1A D</title>
        <cusip>74114NAL1</cusip>
        <identifiers>
          <isin value="US74114NAL10"/>
          <ticker value="PART"/>
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        <balance>2250000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2250929.48</valUSD>
        <pctVal>0.2906945903</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.140000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Progress Residential 2019-SFR3 Trust</name>
        <lei>N/A</lei>
        <title>PROG 2019-SFR3 B</title>
        <cusip>74332WAC7</cusip>
        <identifiers>
          <isin value="US74332WAC73"/>
          <ticker value="PROG"/>
        </identifiers>
        <balance>9700000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>9305173.14</valUSD>
        <pctVal>1.2017095682</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.571000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rfmsi Series Trust</name>
        <lei>N/A</lei>
        <title>RFMSI 2007-SA1 1A1</title>
        <cusip>74958WAA4</cusip>
        <identifiers>
          <isin value="US74958WAA45"/>
          <ticker value="RFMSI"/>
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        <balance>244557.83</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>203486.4</valUSD>
        <pctVal>0.0262790977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.575332800000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RMF Proprietary Issuance Trust</name>
        <lei>N/A</lei>
        <title>RPIT 2019-1 A</title>
        <cusip>74968RAA3</cusip>
        <identifiers>
          <isin value="US74968RAA32"/>
          <ticker value="RPIT"/>
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        <balance>9152510.97</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8958467.67</valUSD>
        <pctVal>1.1569345517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2063-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.750000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ready Capital Mortgage Trust</name>
        <lei>N/A</lei>
        <title>RCMT 2018-4 A</title>
        <cusip>75575KAA0</cusip>
        <identifiers>
          <isin value="US75575KAA07"/>
          <ticker value="RCMT"/>
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        <balance>582095.92</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>558790.25</valUSD>
        <pctVal>0.0721645455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-02-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.390000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAMP 2005-RS5 M4</title>
        <cusip>76112BPZ7</cusip>
        <identifiers>
          <isin value="US76112BPZ75"/>
          <ticker value="RAMP"/>
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        <balance>724446.13</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>723042.52</valUSD>
        <pctVal>0.0933767810</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.965710100000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Residential Asset Mortgage Products, Inc.</name>
        <lei>N/A</lei>
        <title>RAMP 2005-RS6 M4</title>
        <cusip>76112BTV2</cusip>
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          <isin value="US76112BTV26"/>
          <ticker value="RAMP"/>
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        <balance>1177669.41</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1172117.29</valUSD>
        <pctVal>0.1513722035</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.980709600000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>U.S. International Development Finance Corporation</name>
        <lei>N/A</lei>
        <title>DFC F 05/15/26</title>
        <cusip>90376PCF6</cusip>
        <identifiers>
          <isin value="US90376PCF62"/>
          <ticker value="DFC"/>
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        <balance>1760000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1760000</valUSD>
        <pctVal>0.2272938728</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>U.S. International Development Finance Corporation</name>
        <lei>N/A</lei>
        <title>DFC F 07/05/38 6</title>
        <cusip>90376PCP4</cusip>
        <identifiers>
          <isin value="US90376PCP45"/>
          <ticker value="DFC"/>
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        <balance>4282800</balance>
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        <curCd>USD</curCd>
        <valUSD>4282800</valUSD>
        <pctVal>0.5530989764</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-05</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Madison Park Funding Xi Ltd</name>
        <lei>N/A</lei>
        <title>MDPK 2013-11A AR2</title>
        <cusip>55818KAV3</cusip>
        <identifiers>
          <isin value="US55818KAV35"/>
          <ticker value="MDPK"/>
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        <balance>3380873.21</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3328821.29</valUSD>
        <pctVal>0.4298981152</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-23</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.171736300000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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        <name>Nutrien Ltd</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ONE Gas, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MAGNETITE XVI LIMITED</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal Home Loan Mortgage Corporation</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FG C03505</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Mortgage Corporation</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FG A92646</title>
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        <name>Federal Home Loan Mortgage Corporation</name>
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        <name>Federal Home Loan Mortgage Corporation</name>
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        <name>GS Mortgage Securities Corp</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
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        <name>GS Mortgage Securities Corp</name>
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        <name>GS Mortgage Securities Trust</name>
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        <name>Gs Mtg Secs Corp Tr 2018</name>
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        <name>American Acceptance Receivables</name>
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        <name>Exeter Automobile Receivables Trust</name>
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        <name>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>American Acceptance Receivables</name>
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        <name>American Credit Acceptance Receivables Trust 2018-4</name>
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          <isin value="US02529MAJ80"/>
          <ticker value="ACAR"/>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>American Acceptance Receivables</name>
        <lei>N/A</lei>
        <title>ACAR 2020-1 C</title>
        <cusip>02529VAE9</cusip>
        <identifiers>
          <isin value="US02529VAE92"/>
          <ticker value="ACAR"/>
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        <balance>2890979.43</balance>
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        <curCd>USD</curCd>
        <valUSD>2888156.39</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.190000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>ACAR 2018-3 E</title>
        <cusip>02530AAJ1</cusip>
        <identifiers>
          <isin value="US02530AAJ16"/>
          <ticker value="ACAR"/>
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        <balance>7990105.92</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.170000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>American Electric Power Co, Inc.</name>
        <lei>1B4S6S7G0TW5EE83BO58</lei>
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          <isin value="US025537AK70"/>
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        <balance>4000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3872223.64</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>
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      <invstOrSec>
        <name>American Honda Finance Corporation</name>
        <lei>B6Q2VFHD1797Q7NZ3E43</lei>
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          <isin value="US02665WDK45"/>
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        <curCd>USD</curCd>
        <valUSD>3414524.05</valUSD>
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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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      </invstOrSec>
      <invstOrSec>
        <name>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>EART 2020-1A C</title>
        <cusip>30167HAE8</cusip>
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          <isin value="US30167HAE80"/>
          <ticker value="EART"/>
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        <balance>1949019.6</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Anchorage Capital CLO 2013-1, Ltd.</name>
        <lei>5493008PWA7TS1SR9447</lei>
        <title>ANCHC 2013-1A A1R</title>
        <cusip>033292AQ6</cusip>
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          <isin value="US033292AQ65"/>
          <ticker value="ANCHC"/>
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        <balance>8250000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-10-15</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>CPS Auto Receivables Trust 2019-A</name>
        <lei>N/A</lei>
        <title>CPS 2019-A D</title>
        <cusip>12596HAD9</cusip>
        <identifiers>
          <isin value="US12596HAD98"/>
          <ticker value="CPS"/>
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        <balance>6507389.79</balance>
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        <curCd>USD</curCd>
        <valUSD>6525963.83</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.350000000000</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CSMC TRUST</name>
        <lei>N/A</lei>
        <title>CSMC 2018-RPL9 A1</title>
        <cusip>12654PAA6</cusip>
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          <isin value="US12654PAA66"/>
          <ticker value="CSMC"/>
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        <balance>11518346.39</balance>
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        <curCd>USD</curCd>
        <valUSD>11337846.99</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.850000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CPS Auto Receivables Trust</name>
        <lei>N/A</lei>
        <title>CPS 2018-C D</title>
        <cusip>12655CAD8</cusip>
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          <isin value="US12655CAD83"/>
          <ticker value="CPS"/>
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        <balance>1072389.75</balance>
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        <curCd>USD</curCd>
        <valUSD>1074807.24</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.400000000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CROSSROADS ASSET TRUST</name>
        <lei>N/A</lei>
        <title>XROAD 2021-A A2</title>
        <cusip>22767CAB6</cusip>
        <identifiers>
          <isin value="US22767CAB63"/>
          <ticker value="XROAD"/>
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        <balance>2125836.13</balance>
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        <curCd>USD</curCd>
        <valUSD>2092407.14</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.820000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BX COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BX 2019-XL A</title>
        <cusip>056054AA7</cusip>
        <identifiers>
          <isin value="US056054AA70"/>
          <ticker value="BX"/>
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        <balance>5669471.9</balance>
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        <curCd>USD</curCd>
        <valUSD>5569641.57</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BX Trust</name>
        <lei>N/A</lei>
        <title>BX 2019-RP A</title>
        <cusip>05607VAA5</cusip>
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          <isin value="US05607VAA52"/>
          <ticker value="BX"/>
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        <balance>1526628.47</balance>
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        <curCd>USD</curCd>
        <valUSD>1499518.91</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.984000300000</annualizedRt>
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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>Bx Trust 2017-Appl</name>
        <lei>N/A</lei>
        <title>BX 2017-CQHP A</title>
        <cusip>12433QAA2</cusip>
        <identifiers>
          <isin value="US12433QAA22"/>
          <ticker value="BX"/>
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        <balance>7200000</balance>
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        <curCd>USD</curCd>
        <valUSD>6883899.84</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

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        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.782500400000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bxmt 2020-Fl2 Ltd / Llc</name>
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        <cusip>12434LAA2</cusip>
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          <isin value="US12434LAA26"/>
          <ticker value="BXMT"/>
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        <balance>6494000</balance>
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        <curCd>USD</curCd>
        <valUSD>6374772.76</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.810450000000</annualizedRt>
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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>Bxmt 2020-Fl2 Ltd / Llc</name>
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        <cusip>12434LAC8</cusip>
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          <isin value="US12434LAC81"/>
          <ticker value="BXMT"/>
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        <balance>8495000</balance>
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        <curCd>USD</curCd>
        <valUSD>8237110.49</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.060450000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CAMB Commercial Mortgage Trust 2019-LIFE</name>
        <lei>N/A</lei>
        <title>CAMB 2019-LIFE C</title>
        <cusip>12482HAJ3</cusip>
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          <isin value="US12482HAJ32"/>
          <ticker value="CAMB"/>
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        <balance>2700000</balance>
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        <curCd>USD</curCd>
        <valUSD>2605032.36</valUSD>
        <pctVal>0.3364249397</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.402500000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CALIFORNIA ST ENTERPRISE DEV AUTH</name>
        <lei>549300544P6FSHU1HB46</lei>
        <title>CA CASDEV 09/01/2041</title>
        <cusip>13067NAN2</cusip>
        <identifiers>
          <isin value="US13067NAN21"/>
          <ticker value="CASDEV"/>
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        <balance>815000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>815000</valUSD>
        <pctVal>0.1052525604</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>1.960000000000</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>SK Hynix Inc.</name>
        <lei>988400XAIK6XISWQV045</lei>
        <title>HYUELE 1 01/19/24 144A</title>
        <cusip>78392BAA5</cusip>
        <identifiers>
          <isin value="US78392BAA52"/>
          <ticker value="HYUELE"/>
          <other otherDesc="SEDOL " value="BMV7W52"/>
        </identifiers>
        <balance>5000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>4776300</valUSD>
        <pctVal>0.6168316617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.000000000000</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>Sequoia Mtg Trust</name>
        <lei>N/A</lei>
        <title>SEMT 2013-7 B2</title>
        <cusip>81745CAN3</cusip>
        <identifiers>
          <isin value="US81745CAN39"/>
          <ticker value="SEMT"/>
        </identifiers>
        <balance>1966403.41</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1921055</valUSD>
        <pctVal>0.2480931993</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.504757100000</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>SEQUOIA MORTGAGE TRUST</name>
        <lei>5493003EWUCLH0O45S72</lei>
        <title>SEMT 2018-CH4 A13</title>
        <cusip>81747LAN1</cusip>
        <identifiers>
          <isin value="US81747LAN10"/>
          <ticker value="SEMT"/>
        </identifiers>
        <balance>423197.13</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>420215.75</valUSD>
        <pctVal>0.0542684462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.499998800000</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>SEQUOIA MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>SEMT 2019-CH3 A13</title>
        <cusip>81748GBA8</cusip>
        <identifiers>
          <isin value="US81748GBA85"/>
          <ticker value="SEMT"/>
        </identifiers>
        <balance>1580293.84</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1556906.44</valUSD>
        <pctVal>0.2010655081</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.999999400000</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>SIERRA TIMESHARE RECEIVABLES FUNDING LLC</name>
        <lei>N/A</lei>
        <title>SRFC 2019-1A B</title>
        <cusip>82653EAB3</cusip>
        <identifiers>
          <isin value="US82653EAB39"/>
          <ticker value="SRFC"/>
        </identifiers>
        <balance>395256.08</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>385238.87</valUSD>
        <pctVal>0.0497513834</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.420000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Total returns reported in Item B.5(a) do not reflect the effect of sales loads or contingent deferred sales charges." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-09-13</ncom:dateSigned>
      <ncom:nameOfApplicant>Touchstone Funds Group Trust</ncom:nameOfApplicant>
      <ncom:signature>Terrie A. Wiedenheft</ncom:signature>
      <ncom:signerName>Terrie A. Wiedenheft</ncom:signerName>
      <ncom:title>Controller &amp; Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
