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      <invstOrSec>
        <name>MISSOURI HIGHER ED LN AUTH STUDENT LN REV</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST</name>
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      <invstOrSec>
        <name>GLS AUTO RECEIVABLES TRUST</name>
        <lei>N/A</lei>
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          <isin value="US36258XAA81"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>BA MORTGAGE SECURITIES INCORPORATED</name>
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        <name>AIR LEASE CORPORATION</name>
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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>ANGEL OAK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ANGEL OAK MORTGAGE TRUST 2020-2 AOMT 2020-2 A1A</title>
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          <isin value="US03464XAL47"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>JETBLUE AIRWAYS CORPORATION</name>
        <lei>N/A</lei>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Freddie Mac</name>
        <lei>N/A</lei>
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        <cusip>35566AAA7</cusip>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>MARLETTE FUNDING TRUST</name>
        <lei>N/A</lei>
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        <cusip>57109GAA2</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>MORGAN STANLEY ABS CAPITAL I, INC.</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST</name>
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        <title>JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRU JPMCC 2011-C3 XA</title>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <name>Pretium Packaging 10/20 2nd Lien TL</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL FN MA2474</title>
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          <isin value="US31418BXC52"/>
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        <valUSD>521643.85000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital Vision/MyEyeDr 7/20 Incremental TLB</name>
        <lei>N/A</lei>
        <title>Capital Vision/MyEyeDr 7/20 Incremental TLB 8/31/2026</title>
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        <name>KREF Holdings 7/20 TLB</name>
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        <name>LA BANQUE TORONTO-DOMINION</name>
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        <name>COMCAST CORPORATION</name>
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        <name>LANDesk Software 2/21 Add-on</name>
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        <name>Government National Mortgage Association 2</name>
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        <name>BANQUE ROYALE DU CANADA</name>
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        <name>New Trojan/Careismatic 1/21 2nd Lien Cov-Lite TL</name>
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        <name>BELLEMEADE RE LTD.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <name>HERTZ FLEET LEASE FUNDING LP</name>
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        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominion Energy, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BRE GRAND ISLANDER TIMESHARE ISSUER LLC</name>
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        <name>Cooperatieve Rabobank UA (New York Branch)</name>
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        <name>ECI Software 9/20 TL</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>STRUCTURED ASSET SECURITIES CORPORATION</name>
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          <couponKind>Floating</couponKind>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BEAR STEARNS ARM TRUST</name>
        <lei>N/A</lei>
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        <name>RADNET MANAGEMENT INC.</name>
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        <name>CVS HEALTH CORPORATION</name>
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        <name>CHESAPEAKE FUNDING LLC</name>
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        <name>RESIDENTIAL ASSET SECURITIZATION TRUST (CWMBS)</name>
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        <name>MERCEDES-BENZ AUTO LEASE TRUST</name>
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        <title>MERCEDES-BENZ AUTO LEASE TRUST 2020-A MBALT 2020-A A2</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BBCMS TRUST</name>
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        <title>BBCMS 2017-DELC MORTGAGE TRUST BBCMS 2017-DELC B</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NASDAQ, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST</name>
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          <isin value="US24381CAA09"/>
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        <name>STRUCTURED ASSET INVESTMENT LOAN TRUST</name>
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          <isin value="US86358ELS36"/>
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        <name>Federal National Mortgage Association</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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

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          <couponKind>Floating</couponKind>
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        <name>IRB HOLDING CORP.</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX185405"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CPS AUTO RECEIVABLES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
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        <title>EXETER AUTOMOBILE RECEIVABLES TRUST 2021-1 EART 2021-1A B</title>
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          <isin value="US30166RAD98"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SANTANDER RETAIL AUTO LEASE TRUST</name>
        <lei>N/A</lei>
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        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <title>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-6 NRZT 2017-6A A1</title>
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        <name>BEAR STEARNS ARM TRUST</name>
        <lei>N/A</lei>
        <title>BEAR STEARNS ARM TRUST 2004-2 BSARM 2004-2 12A2</title>
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          <isin value="US07384MM258"/>
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          <couponKind>Floating</couponKind>
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        <name>GSR MORTGAGE LOAN TRUST</name>
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          <isin value="US36242DUL53"/>
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        <name>WORLD OMNI AUTO RECEIVABLE TRUST</name>
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        <name>HYLAND SOFTWARE</name>
        <lei>N/A</lei>
        <title>HYLAND SOFTWARE 7/1/2024</title>
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          <other otherDesc="All Others" value="LX176492"/>
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      <invstOrSec>
        <name>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2020- ACAR 2020-4 A</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2015-171 IO</title>
        <cusip>38379K6Q6</cusip>
        <identifiers>
          <isin value="US38379K6Q65"/>
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        <balance>15921525.56000000</balance>
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        <curCd>USD</curCd>
        <valUSD>677784.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-11-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.84738960</annualizedRt>
          <isDefault>N</isDefault>
          <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>WORLD OMNI SELECT AUTO TRUST</name>
        <lei>N/A</lei>
        <title>WORLD OMNI SELECT AUTO TRUST 2020-A WOSAT 2020-A A2</title>
        <cusip>98163DAB4</cusip>
        <identifiers>
          <isin value="US98163DAB47"/>
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        <balance>298082.70000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>298547.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.47000000</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>INVITATION HOMES TRUST</name>
        <lei>N/A</lei>
        <title>INVITATION HOMES 2017-SFR2 TRUST IHSFR 2017-SFR2 B</title>
        <cusip>46187BAB9</cusip>
        <identifiers>
          <isin value="US46187BAB99"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1751636.25000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.27900080</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TRIPARTY REPURCHASE AGREEMENT (ACT/360) DAILY RESET</title>
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          <other otherDesc="All Others" value="PAM2872"/>
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        <balance>2300000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <transCat>Repurchase</transCat>
          <clearedCentCparty centralCounterparty="TRIPARTY REPURCHASE AGREEMENT" isCleared="Y"/>
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          <maturityDt>N/A</maturityDt>
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              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
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          </repurchaseCollaterals>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AI AQUA MERGER SUB, INC.</name>
        <lei>N/A</lei>
        <title>AI AQUA MERGER SUB, INC. 12/13/2023</title>
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          <other otherDesc="All Others" value="LX167617"/>
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        <balance>2455242.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2453205.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.25000160</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>
        <name>HYLAND SOFTWARE</name>
        <lei>N/A</lei>
        <title>HYLAND SOFTWARE 7/7/2025</title>
        <cusip>44908XAS7</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX164257"/>
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        <balance>1623600.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1634429.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-07-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.75000080</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>MTN INFRASTRUCTURE TOPCO, INC.</name>
        <lei>N/A</lei>
        <title>MTN INFRASTRUCTURE TOPCO, INC. 11/15/2024</title>
        <cusip>55377KAB0</cusip>
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          <other otherDesc="All Others" value="LX164496"/>
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        <balance>1028531.52000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1027029.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.99999960</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>MFA LLC</name>
        <lei>N/A</lei>
        <title>MFRA TRUST MFRA 2021-INV1 A1</title>
        <cusip>552747AA5</cusip>
        <identifiers>
          <isin value="US552747AA55"/>
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        <balance>230000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>229529.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.85200120</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>SABRE GLBL INC.</name>
        <lei>N/A</lei>
        <title>SABRE GLBL INC. 12/10/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX191366"/>
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        <balance>1206666.67000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1219493.54000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.74999840</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>THORNBURG MORTGAGE SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>THORNBURG MORTGAGE SECURITIES TRUST 2004-3 TMST 2004-3 A</title>
        <cusip>885220FS7</cusip>
        <identifiers>
          <isin value="US885220FS76"/>
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        <balance>2629765.68000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2661853.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.87000120</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>FLAGSHIP CREDIT AUTO TRUST</name>
        <lei>N/A</lei>
        <title>FLAGSHIP CREDIT AUTO TRUST 2021-1 FCAT 2021-1 A</title>
        <cusip>33843WAA9</cusip>
        <identifiers>
          <isin value="US33843WAA99"/>
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        <balance>410000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>409851.13000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.31000000</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>DRIVETIME AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>DT AUTO OWNER TRUST 2019-3 DTAOT 2019-3A A</title>
        <cusip>26253KAA2</cusip>
        <identifiers>
          <isin value="US26253KAA25"/>
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        <balance>804.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>805.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.55000000</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>BX COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BX COMMERCIAL MORTGAGE TRUST 2018-BIOA BX 2018-BIOA C</title>
        <cusip>056057AJ1</cusip>
        <identifiers>
          <isin value="US056057AJ11"/>
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        <balance>2939000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2940771.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-03-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.23305040</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>SEDGWICK CLAIMS MANAGEMENT SERVICES, INC.</name>
        <lei>N/A</lei>
        <title>SEDGWICK CLAIMS MANAGEMENT SERVICES, INC. 9/3/2026</title>
        <cusip>81527CAM9</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX182042"/>
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        <balance>118200.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>118172.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-03</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.12075080</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United States of America</name>
        <lei>N/A</lei>
        <title>US LONG BOND(CBT) JUN21 FINANCIAL COMMODITY FUTURE.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="USM1"/>
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        <balance>-1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-159218.75000000</valUSD>
        <pctVal>-0.01586588549</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>US LONG BOND(CBT) JUN21</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>U.S. Treasury Futures</issuerName>
                <issueTitle>US Long Bond (CBT) Jun 2021</issueTitle>
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                  <isin value="US912810PT97"/>
                  <ticker value="UPM21"/>
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            <expDate>2021-06-24</expDate>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>AMC ENTERTAINMENT HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>AMC ENTERTAINMENT HOLDINGS, INC. 4/22/2026</title>
        <cusip>00164DAQ6</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX179152"/>
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        <balance>2465.09000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2110.02000000</valUSD>
        <pctVal>0.000210260008</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-04-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.19512960</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>NMI HOLDINGS, INC.</name>
        <lei>529900KNNGFXJX1C3Z08</lei>
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        <name>CREDIT SUISSE AG</name>
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        <isRestrictedSec>N</isRestrictedSec>

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

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

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      <invstOrSec>
        <name>CITIGROUP INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>CITIGROUP MORTGAGE LOAN TRUST INC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Freddie Mac</name>
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          <isin value="US3137F7HE84"/>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Federal National Mortgage Association</name>
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        <name>BANQUE DE MONTREAL</name>
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        <name>INVITATION HOMES TRUST</name>
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        <name>THORNBURG MORTGAGE SECURITIES TRUST</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <name>WESTLAKE AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>GLOBAL EDUCATION MANAGEMENT SYSTEMS ESTABLISHMENT</name>
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      <invstOrSec>
        <name>GREENWOOD PARK CLO, LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ANGEL OAK MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>THE HOWARD UNIVERSITY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LENNAR CORPORATION</name>
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        <name>Wheel Pros 11/20 Cov-Lite TL</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GSAMP TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GLOBAL MEDICAL RESPONSE, INC.</name>
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        <name>CCI/Consumer Cellular 12/20 TL</name>
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          <other otherDesc="All Others" value="LX190922"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>ARES CLO LTD</name>
        <lei>N/A</lei>
        <title>ARES XLIII CLO LTD ARES 2017-43A D</title>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>THORNBURG MORTGAGE SECURITIES TRUST</name>
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        <title>THORNBURG MORTGAGE SECURITIES TRUST 2003-4 TMST 2003-4 A1</title>
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          <isin value="US885220DW07"/>
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        <name>ASURION LLC</name>
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        <name>COMM MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2014-CR14 MORTGAGE TRUST COMM 2014-CR14 XA</title>
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          <isin value="US12630DAZ78"/>
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        <issuerCat>USGA</issuerCat>
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        <name>WAND NEWCO 3, INC.</name>
        <lei>N/A</lei>
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        <name>BRAVO MORTGAGE ASSET TRUST</name>
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        <title>BRAVO MORTGAGE ASSET TRUST BMAT 2006-1A A2</title>
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        <name>SEQUOIA MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>SEQUOIA MORTGAGE TRUST 9 SEMT 9 1A</title>
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          <isin value="US81743SAA87"/>
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        <curCd>USD</curCd>
        <valUSD>557807.58000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DIEBOLD NIXDORF, INCORPORATED</name>
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        <name>PRO MACH GROUP, INC.</name>
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        <name>METLIFE SECURITIZATION TRUST</name>
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        <name>NEW CENTURY HOME EQUITY LOAN TRUST</name>
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        <name>Federal National Mortgage Association</name>
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        <title>FANNIE MAE POOL FN 847789</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BX COMMERCIAL MORTGAGE TRUST</name>
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        <name>SOFI CONSUMER LOAN PROGRAM LLC</name>
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        <name>Freddie Mac</name>
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        <name>ADJUSTABLE RATE MORTGAGE TRUST</name>
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        <name>PETVET CARE CENTERS, LLC</name>
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        <name>ANGEL OAK MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SMB PRIVATE EDUCATION LOAN TRUST</name>
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        <name>Epicor 7/20 Cov-Lite</name>
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          <other otherDesc="All Others" value="LX189137"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VERUS SECURITIZATION TRUST</name>
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        <name>BAYVIEW COMMERCIAL ASSET TRUST</name>
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        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST</name>
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          <isin value="US24380VAA98"/>
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        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MMAF EQUIPMENT FINANCE LLC</name>
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          <isin value="US55316EAB83"/>
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          <couponKind>Fixed</couponKind>
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        <name>AVERY POINT CLO, LIMITED</name>
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          <isin value="US05364CBC55"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-15</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>STARWOOD MORTGAGE RESIDENTIAL TRUST</name>
        <lei>N/A</lei>
        <title>STARWOOD MORTGAGE RESIDENTIAL TRUST 2020-1 STAR 2020-1 A1</title>
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          <isin value="US85573AAA34"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>GMACM HOME EQUITY LOAN TRUST</name>
        <lei>N/A</lei>
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          <isin value="US36186LAB99"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.69800120</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL FN 889946</title>
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          <isin value="US31410KWF73"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 NRZT 2017-3A A1</title>
        <cusip>64828MAA5</cusip>
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          <isin value="US64828MAA53"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>NISSAN AUTO LEASE TRUST</name>
        <lei>N/A</lei>
        <title>NISSAN AUTO LEASE TRUST 2020-A NALT 2020-A A2A</title>
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          <isin value="US65479NAB01"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CARLYLE GLOBAL MARKET STRATEGIES CLO LTD</name>
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        <cusip>14310MAW7</cusip>
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          <isin value="US14310MAW73"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.19337840</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR TRUST 2019-FTR2 STACR 2019-FTR2 M1</title>
        <cusip>35564WAA1</cusip>
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          <isin value="US35564WAA18"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.09800000</annualizedRt>
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        <securityLending>
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        <name>PALMER SQUARE LOAN FUNDING LTD.</name>
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        <cusip>69700KAA1</cusip>
        <identifiers>
          <isin value="US69700KAA16"/>
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        <balance>899948.73000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.09374840</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CARMAX AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>CARMAX AUTO OWNER TRUST 2018-2 CARMX 2018-2 A3</title>
        <cusip>14314XAC3</cusip>
        <identifiers>
          <isin value="US14314XAC39"/>
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        <balance>1451749.88000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.98000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>Epicor 7/20 2nd Lien Cov-Lite</name>
        <lei>N/A</lei>
        <title>Epicor 7/20 2nd Lien Cov-Lite 7/31/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX189138"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>Pro Mach 6/20 Incremental TL</name>
        <lei>N/A</lei>
        <title>Pro Mach 6/20 Incremental TL 3/7/2025</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX188849"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>THORNBURG MORTGAGE SECURITIES TRUST</name>
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          <isin value="US88522EAC75"/>
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        <name>NOMURA ASSET SECURITIES CORPORATION</name>
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          <isin value="US65535VFM54"/>
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        <name>MORGAN STANLEY DEAN WITTER CAPITAL I INC</name>
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          <isin value="US61748HFC07"/>
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          <couponKind>Floating</couponKind>
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        <name>MERRILL LYNCH MORTGAGE TRUST</name>
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        <title>MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES MLCC MLCC 2005-A A1</title>
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          <isin value="US59020UTB16"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>0.86762880</annualizedRt>
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        <securityLending>
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        <name>ONEMAIN FINANCIAL ISSUANCE TRUST</name>
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        <title>ONEMAIN FINANCIAL ISSUANCE TRUST 2019-2 OMFIT 2019-2A A</title>
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          <isin value="US68269BAA61"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.14000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K028 X1</title>
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        <name>AVERY POINT CLO, LIMITED</name>
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        <name>SOFI CONSUMER LOAN PROGRAM LLC</name>
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        <name>MICROCHIP TECHNOLOGY INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LSTAR SECURITIES INVESTMENT LTD.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>VERIZON OWNER TRUST</name>
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        <name>SOFI CONSUMER LOAN PROGRAM LLC</name>
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        <name>SIMMONS FOODS, INC.</name>
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        <name>SYMPHONY CLO, LTD.</name>
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        <name>FIRST INVESTORS AUTO OWNER TRUST</name>
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        <name>STRUCTURED ASSET INVESTMENT LOAN TRUST</name>
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        <name>Alchemy Copyrights 7/20 TLB</name>
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        <name>US LBM 12/20 TLB</name>
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        <name>ENVISION HEALTHCARE CORPORATION</name>
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        <name>MASTER CREDIT CARD TRUST II</name>
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        <name>Federal National Mortgage Association</name>
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        <name>ENTERPRISE FLEET FINANCING LLC</name>
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      <invstOrSec>
        <name>DAE FUNDING LLC</name>
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        <name>BANQUE ROYALE DU CANADA</name>
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        <name>STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST</name>
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        <name>Countrywide Home Equity Loan Trust</name>
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        <name>WESTLAKE AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>ACIS CLO LTD</name>
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        <title>ACIS CLO 2017-7 LTD ACIS 2017-7A B</title>
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        <name>Capital One Bank (USA), National Association</name>
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        <name>CHASE MORTGAGE FINANCE CORPORATION</name>
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        <name>CHASE MORTGAGE FINANCE CORPORATION</name>
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        <name>United States of America</name>
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        <name>LA BANQUE TORONTO-DOMINION</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>FREMF MORTGAGE TRUST</name>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>RADIAN GUARANTY INC AND EAGLE RE LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>IRB HOLDING CORP TL B</name>
        <lei>N/A</lei>
        <title>IRB HOLDING CORP TL B 11/19/2027</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <name>FEDERAL FARM CREDIT BANKS FUNDING CORPORATION</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRILLIUM CREDIT CARD TRUST II</name>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GALTON FUNDING MORTGAGE TRUST</name>
        <lei>N/A</lei>
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          <isin value="US36417JAY55"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Service Logic 10/20 TL</name>
        <lei>N/A</lei>
        <title>Service Logic 10/20 TL 10/23/2027</title>
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          <other otherDesc="All Others" value="LX190318"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BAYVIEW OPPORTUNITY MASTER FUND TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MORGAN STANLEY ABS CAPITAL I, INC.</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>DTE ENERGY COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SKYMILES IP LTD. (DELA AIR LINES, INC.)</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ONEDIGITAL BORROWER LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>DBUBS MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>GREATAMERICA LEASING RECEIVABLES FUNDING, L.L.C.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>CPS AUTO RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>CPS AUTO RECEIVABLES TRUST 2020-C CPS 2020-C A</title>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>EDISON INTERNATIONAL</name>
        <lei>549300I7ROF15MAEVP56</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE REMICS FNR 2020-97 EI</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LENNAR CORPORATION</name>
        <lei>529900G61XVRLX5TJX09</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>NAVIENT STUDENT LOAN TRUST</name>
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        <name>SCF EQUIPMENT TRUST LLC</name>
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        <name>VOYA CLO</name>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <name>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>MITCHELL INTERNATIONAL, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MH SUB I, LLC</name>
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        <name>PointClickCare 12/20 TLB</name>
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        <name>OBX TRUST</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <title>WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 200 WAMU 2004-AR9 A7</title>
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        <name>MORGAN STANLEY DEAN WITTER CAPITAL I INC</name>
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      <invstOrSec>
        <name>RMF BUYOUT ISSUANCE TRUST</name>
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        <title>RMF BUYOUT ISSUANCE TRUST 2020-1 RBIT 2020-1 A</title>
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          <couponKind>Floating</couponKind>
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        <name>BRISTOL-MYERS SQUIBB COMPANY</name>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>AI AQUA MERGER SUB, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NUTRITION &amp; BIOSCIENCES, INC.</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MERIT HILL</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ACCREDITED MORTGAGE LOAN TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>DAIMLER FINANCE NORTH AMERICA LLC</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>VERUS SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 2021-1 VERUS 2021-1 A1</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>APIDOS CLO</name>
        <lei>N/A</lei>
        <title>APIDOS CLO XII APID 2013-12A AR</title>
        <cusip>03764DAH4</cusip>
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          <isin value="US03764DAH44"/>
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        <balance>725000.00000000</balance>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>HONDA AUTO RECEIVABLES OWNER TRUST</name>
        <lei>N/A</lei>
        <title>HONDA AUTO RECEIVABLES 2020-2 OWNER TRUST HAROT 2020-2 A3</title>
        <cusip>43813DAC2</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>HILTON USA TRUST</name>
        <lei>N/A</lei>
        <title>HILTON USA TRUST 2016-HHV HILT 2016-HHV D</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>COLE-PALMER 1/21 COV-LITE</name>
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        <title>COLE-PALMER 1/21 COV-LITE 11/4/2026</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>NFP CORP.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ELLINGTON FINANCIAL MORTGAGE TRUST</name>
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        <title>ELLINGTON FINANCIAL MORTGAGE TRUST 2017-1 EFMT 2021-1 A1</title>
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        <name>INVITATION HOMES TRUST</name>
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        <title>INVITATION HOMES 2018-SFR1 TRUST IHSFR 2018-SFR1 C</title>
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        <name>THE HILLMAN GROUP INC</name>
        <lei>N/A</lei>
        <title>THE HILLMAN GROUP INC 2/24/2028</title>
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        <name>STARWOOD MORTGAGE RESIDENTIAL TRUST</name>
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        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST</name>
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        <title>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2019-4 DRMT 2019-4A A1</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CIM TRUST</name>
        <lei>N/A</lei>
        <title>CIM TRUST 2017-7 CIM 2017-7 A</title>
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          <isin value="US12553HAA68"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST</name>
        <lei>N/A</lei>
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          <isin value="US03464LAA44"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>AMERIQUEST MORTGAGE SECURITIES INC</name>
        <lei>N/A</lei>
        <title>ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2004 AMSI 2004-R2 A1A</title>
        <cusip>03072SPX7</cusip>
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          <isin value="US03072SPX70"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>HYUNDAI AUTO LEASE SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>HYUNDAI AUTO LEASE SECURITIZATION TRUST 2021-A HALST 2021-A A2</title>
        <cusip>44891TAB2</cusip>
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          <isin value="US44891TAB26"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SEQUOIA MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>SEQUOIA MORTGAGE TRUST 2004-12 SEMT 2004-12 A1</title>
        <cusip>81744FFY8</cusip>
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          <isin value="US81744FFY88"/>
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        <balance>2166959.85000000</balance>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOT STACR 2015-DNA3 M3</title>
        <cusip>3137G0GW3</cusip>
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          <isin value="US3137G0GW39"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>WORLD OMNI AUTO RECEIVABLE TRUST</name>
        <lei>N/A</lei>
        <title>WORLD OMNI AUTO RECEIVABLES TRUST 2020-C WOART 2020-C A2</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ROYALTY PHARMA PLC</name>
        <lei>549300FGFN7VOK8BZR03</lei>
        <title>ROYALTY PHARMA PLC 144A 0.750000% 09/02/2023</title>
        <cusip>78081BAA1</cusip>
        <identifiers>
          <isin value="US78081BAA17"/>
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        <balance>200000.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-02</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.75000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2018-3 DRMT 2018-3A A1</title>
        <cusip>24381KAA2</cusip>
        <identifiers>
          <isin value="US24381KAA25"/>
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        <balance>129235.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>130042.51000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.78900000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL FN FM4969</title>
        <cusip>3140X8QX8</cusip>
        <identifiers>
          <isin value="US3140X8QX86"/>
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        <balance>1644613.34000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1664596.26000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.00000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Freddie Mac</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC POOL FR RA2650</title>
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          <isin value="US3133KH5K80"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BCPE ULYSSES MERGER SUB, LLC</name>
        <lei>N/A</lei>
        <title>LBM ACQUISITION LLC 144A 6.250000% 01/15/2029</title>
        <cusip>05552BAA4</cusip>
        <identifiers>
          <isin value="US05552BAA44"/>
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        <balance>359000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MORGAN STANLEY MTN 4.875000% 11/01/2022</title>
        <cusip>6174824M3</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GS MORTGAGE SECURITIES CORP.</name>
        <lei>N/A</lei>
        <title>GSAA HOME EQUITY TRUST 2005-11 GSAA 2005-11 2A2</title>
        <cusip>362341NY1</cusip>
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          <isin value="US362341NY15"/>
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        <fairValLevel>2</fairValLevel>
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        <name>CROSSROADS ASSET TRUST</name>
        <lei>N/A</lei>
        <title>CROSSROADS ASSET TRUST 2021-A XROAD 2021-A A1</title>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>R&amp;R IceCream/Froneri 1/20(USD)2nd Lien Cov-Lite TL</name>
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        <title>R&amp;R IceCream/Froneri 1/20(USD)2nd Lien Cov-Lite TL 1/31/2028</title>
        <cusip>N/A</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BAYVIEW COMMERCIAL ASSET TRUST</name>
        <lei>N/A</lei>
        <title>BAYVIEW COMMERCIAL ASSET TRUST 2007-1 BAYC 2007-1 A1</title>
        <cusip>07325MAA2</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Government National Mortgage Association</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-167 IW</title>
        <cusip>38382LCN9</cusip>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <name>ANGEL OAK MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <name>OPTION CARE HEALTH, INC.</name>
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        <name>ACIS CLO LTD</name>
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        <name>SANTANDER DRIVE AUTO RECEIVABLES TRUST</name>
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        <name>KNDL KNSQ MORTGAGE TRUST</name>
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        <name>SOFI CONSUMER LOAN PROGRAM LLC</name>
        <lei>N/A</lei>
        <title>SOFI CONSUMER LOAN PROGRAM 2017-1 LLC SCLP 2017-1 B</title>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CITIGROUP COMMERCIAL MORTGAGE TRUST</name>
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        <title>CITIGROUP COMMERCIAL MORTGAGE TRUST 2006-C4 CGCMT 2006-C4 C</title>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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      <invstOrSec>
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        <name>SPRINGCASTLE FUNDING ASSET-BACKED NOTES</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
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          <isin value="US12656YAA55"/>
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        <name>Packers Sanitation Services/PSSI11/20IncrementalTL</name>
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        <name>ARTERA SERVICES, LLC</name>
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        <name>FREMF MORTGAGE TRUST</name>
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          <isin value="US30292QAA40"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>OTIS WORLDWIDE CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>WOOF HOLDINGS LLC TL</name>
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        <name>THE HILLMAN GROUP INC</name>
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        <name>Precision Medicine 10/20 TL</name>
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        <name>Cross Insurance 8/20 TL</name>
        <lei>N/A</lei>
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          <couponKind>Floating</couponKind>
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        <name>ASURION LLC</name>
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      <invstOrSec>
        <name>MP CLO LTD</name>
        <lei>N/A</lei>
        <title>MP CLO VIII LTD MP8 2015-2A AR</title>
        <cusip>62481WAA5</cusip>
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          <isin value="US62481WAA53"/>
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        <balance>1961664.82500000</balance>
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        <curCd>USD</curCd>
        <valUSD>1962068.93000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.12849920</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BEAR STEARNS ASSET BACKED SECURITIES INC</name>
        <lei>N/A</lei>
        <title>BEAR STEARNS ASSET BACKED SECURITIES TRUST 2005-SD BSABS 2005-SD2 2M2</title>
        <cusip>073877BT8</cusip>
        <identifiers>
          <isin value="US073877BT86"/>
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        <balance>1795453.43000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1790107.11000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.63000080</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>
        <name>NAVIENT PRIVATE EDUCATION LOAN TRUST</name>
        <lei>N/A</lei>
        <title>NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2019-D NAVSL 2019-D A2B</title>
        <cusip>63941CAC7</cusip>
        <identifiers>
          <isin value="US63941CAC73"/>
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        <balance>1987679.42000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2009305.97000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.17650160</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>BEAR STEARNS ARM TRUST</name>
        <lei>N/A</lei>
        <title>BEAR STEARNS ARM TRUST 2004-9 BSARM 2004-9 22A1</title>
        <cusip>07384M3D2</cusip>
        <identifiers>
          <isin value="US07384M3D25"/>
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        <balance>749585.93000000</balance>
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        <curCd>USD</curCd>
        <valUSD>744035.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.12630120</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COLT MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>COLT 2020-3 MORTGAGE LOAN TRUST COLT 2020-3 A1</title>
        <cusip>12597QAA4</cusip>
        <identifiers>
          <isin value="US12597QAA40"/>
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        <balance>149726.90000000</balance>
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        <curCd>USD</curCd>
        <valUSD>150861.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-04-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.50599880</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV</name>
        <lei>N/A</lei>
        <title>CHICAGO IL TRANSIT AUTH SALES CHICAGO TRANSIT AUTHORITY SALES TAX RECEIPTS FUND</title>
        <cusip>16772PCJ3</cusip>
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          <isin value="US16772PCJ30"/>
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        <balance>110000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.83800000</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>BA MORTGAGE SECURITIES INCORPORATED</name>
        <lei>N/A</lei>
        <title>BANC OF AMERICA MORTGAGE 2004-A TRUST BOAMS 2004-A 2A2</title>
        <cusip>05948XT27</cusip>
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          <isin value="US05948XT270"/>
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        <balance>810705.55000000</balance>
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        <curCd>USD</curCd>
        <valUSD>829569.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.45296160</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
        <lei>N/A</lei>
        <title>WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 200 WAMU 2004-AR10 A1B</title>
        <cusip>92922FWU8</cusip>
        <identifiers>
          <isin value="US92922FWU82"/>
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        <balance>238626.73000000</balance>
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        <curCd>USD</curCd>
        <valUSD>241818.17000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.55000080</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>
        <name>HANGER, INC.</name>
        <lei>N/A</lei>
        <title>HANGER, INC. 3/6/2025</title>
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          <other otherDesc="All Others" value="LX171899"/>
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        <balance>446314.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>446871.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-06</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.25000160</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>
        <name>National Mentor Hold.</name>
        <lei>N/A</lei>
        <title>National Mentor Hold. 2/18/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX192640"/>
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        <balance>81489.36000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>81326.38000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>JPMCC COMMERCIAL MORTGAGE SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRU JPMCC 2020-NNN XAFX</title>
        <cusip>46652BBA6</cusip>
        <identifiers>
          <isin value="US46652BBA61"/>
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        <balance>12500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>792170.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.87589160</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>THE BOEING COMPANY</name>
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          <isin value="US097023DD43"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-02-04</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.16700000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BPCE S.A.</name>
        <lei>9695005MSX1OYEMGDF46</lei>
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          <isin value="US05583JAA07"/>
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        <balance>450000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LCM LTD.</name>
        <lei>N/A</lei>
        <title>LCM XXIV LTD LCM 24A AR</title>
        <cusip>50188YAE4</cusip>
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          <isin value="US50188YAE41"/>
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        <curCd>USD</curCd>
        <valUSD>280000.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.00000080</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
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        <title>MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES MLMI MLMI 2005-A2 A2</title>
        <cusip>59020USJ5</cusip>
        <identifiers>
          <isin value="US59020USJ50"/>
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        <balance>2102166.73000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2237225.06000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.96037000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PFS FINANCING CORP.</name>
        <lei>N/A</lei>
        <title>PFS FINANCING CORP PFSFC 2020-B A</title>
        <cusip>69335PDR3</cusip>
        <identifiers>
          <isin value="US69335PDR38"/>
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        <balance>190000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>192050.56000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.21000000</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>HUB INTERNATIONAL 1/21 COV-LITE</name>
        <lei>N/A</lei>
        <title>HUB INTERNATIONAL 1/21 COV-LITE 4/25/2025</title>
        <cusip>44332EAU0</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX192052"/>
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        <balance>784060.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>786608.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.99999960</annualizedRt>
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        <name>Tempo Acquis/Alight Sol 7/20 Ext Cov-Lite</name>
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        <name>Federal National Mortgage Association</name>
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        <name>GLS AUTO RECEIVABLES TRUST</name>
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        <name>Federal National Mortgage Association</name>
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        <name>AccentCare 12/20 Incremental</name>
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        <name>Tecomet (Symmetry Medical) 11/17 Cov-Lite</name>
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        <name>Envision Healthcare 4/20 Cov-Lite</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
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          <isin value="US59023HAB78"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CREDIT SUISSE FIRST BOSTON CORPORATION</name>
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          <isin value="US22541SJE90"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>STRUCTURED ASSET INVESTMENT LOAN TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>THYSSENKRUPP ELEVATOR</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TIBCO SOFTWARE INC.</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX185825"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>TOYOTA AUTO RECEIVABLES OWNER TRUST</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CITIGROUP MORTGAGE LOAN TRUST INC</name>
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        <title>CITIGROUP MORTGAGE LOAN TRUST INC CMLTI 2005-2 1A2A</title>
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          <isin value="US17307GQZ45"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BEAR STEARNS ARM TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>MSCCG TRUST</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Vertical Holdco GmbH</name>
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        <invCountry>DE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES INC.</name>
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        <name>CHESAPEAKE FUNDING LLC</name>
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        <name>DEUTSCHE MORTGAGE SECURITIES INC</name>
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        <title>DEUTSCHE MORTGAGE SECURITIES INC RE-REMIC TRUST CE DMSI 2007-WM1 A1</title>
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        <name>Veracode 10/20 TLB</name>
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        <name>DANSKE BANK A/S</name>
        <lei>MAES062Z21O4RZ2U7M96</lei>
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        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>SACO I TRUST</name>
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        <name>CROWN POINT CLO LTD</name>
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        <name>TEXTAINER MARINE CONTAINERS LIMITED</name>
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        <name>BATTALION CLO LTD</name>
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          <isin value="US07132JAL89"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Charter NEX 11/20 TL</name>
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        <name>NRZ MSR</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>CREDIT SUISSE FIRST BOSTON CORPORATION</name>
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        <name>CPS AUTO RECEIVABLES TRUST</name>
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        <name>DANSKE BANK A/S</name>
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        <name>INSURITY HOLDINGS</name>
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        <name>CROWN FINANCE US INC.</name>
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        <name>BANQUE NATIONALE DU CANADA</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Quirch Foods 10/20</name>
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        <name>APPLIED SYSTEMS INC.</name>
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        <name>BX TRUST</name>
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        <name>SECURITIZED TERM AUTO RECEIVABLES TRUST</name>
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        <name>ION Analytics/Acuris/Dealogic 1/21 Cov-Lite TLB</name>
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        <name>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>Federal National Mortgage Association</name>
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        <name>BCPE ULYSSES INTERMEDIATE, INC.</name>
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        <name>BA MORTGAGE SECURITIES INCORPORATED</name>
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        <name>Diversey 6/20 Incremental Cov-Lite TL</name>
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        <name>MERRILL LYNCH MORTGAGE TRUST</name>
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        <name>TOYOTA MOTOR CREDIT CORPORATION</name>
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        <name>Freddie Mac</name>
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        <name>Achilles/OneDigital Health 10/20 TL</name>
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        <name>BAYVIEW COMMERCIAL ASSET TRUST</name>
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        <name>IOWA STUDENT LOAN LIQUIDITY CORPORATION</name>
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        <name>ProQuest 10/19 TL</name>
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        <name>CGDBB COMMERCIAL MORTGAGE TRUST</name>
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        <name>Nationwide Building Society</name>
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        <name>NEW HAMPSHIRE HIGHER EDUCATION LOAN CORPORATION</name>
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        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
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        <name>Internet Brands 2/21 2nd Lien tl</name>
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        <name>Nordea Bank Abp</name>
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      <invstOrSec>
        <name>AJAX MORTGAGE LOAN TRUST</name>
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      <invstOrSec>
        <name>GALLATIN CLO</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Broadstreet Partners 7/20 Cov-Lite TLB</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>GREENPOINT MANUFACTURED HOUSING CONTRACT TRUST</name>
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        <name>GS MORTGAGE SECURITIES CORPORATION TRUST</name>
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        <name>FORD CREDIT AUTO LEASE TRUST</name>
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      <invstOrSec>
        <name>IMPAC CMB TRUST</name>
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        <identifiers>
          <isin value="US45254NKD83"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>WELLS FARGO COMMERCIAL MORTGAGE TRUST</name>
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        <name>Eton 3/18 Cov-Lite TL</name>
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          <other otherDesc="All Others" value="LX171987"/>
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        <name>GLS AUTO RECEIVABLES TRUST</name>
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        <name>KEYCORP STUDENT LOAN TRUST</name>
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        <name>AerCap Ireland Capital Designated Activity Company</name>
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        <name>FORD CREDIT AUTO OWNER TRUST</name>
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        <name>Federal National Mortgage Association</name>
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        <name>SERVICE LOGIC ACQUISITION, INC.</name>
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      <invstOrSec>
        <name>Government National Mortgage Association</name>
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      <invstOrSec>
        <name>COLE PARK CLO LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VELOCITY COMMERCIAL CAPITAL LOAN TRUST</name>
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        <name>HYUNDAI AUTO LEASE SECURITIZATION TRUST</name>
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        <name>CITIGROUP MORTGAGE LOAN TRUST INC</name>
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        <name>BANC OF AMERICA FUNDING CORPORATION</name>
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        <name>WELLS FARGO MORTGAGE BACKED SECURITIES TRUST</name>
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        <name>BAYVIEW OPPORTUNITY MASTER FUND TRUST</name>
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        <name>AFFIRM ASSET SECURITIZATION TRUST</name>
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        <name>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>Compassus 2/21 TL</name>
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        <name>Precision Medicine 10/20 TL Delayed TL</name>
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          <other otherDesc="All Others" value="LX190642"/>
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        <name>PetSmart 1/21</name>
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        <name>Government National Mortgage Association 2</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NTT FINANCE CORPORATION</name>
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        <issuerCat>NUSS</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.37300000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CHASE MORTGAGE FINANCE CORPORATION</name>
        <lei>N/A</lei>
        <title>CHASE MORTGAGE FINANCE TRUST SERIES 2007-A2 CHASE 2007-A2 2A3</title>
        <cusip>16163LAF9</cusip>
        <identifiers>
          <isin value="US16163LAF94"/>
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        <balance>536724.16000000</balance>
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        <curCd>USD</curCd>
        <valUSD>546537.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.77794000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FLATIRON CLO LTD</name>
        <lei>N/A</lei>
        <title>FLATIRON CLO 2015-1 LTD FLAT 2015-1A AR</title>
        <cusip>33883EAL6</cusip>
        <identifiers>
          <isin value="US33883EAL65"/>
        </identifiers>
        <balance>1114855.26720000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1115389.28000000</valUSD>
        <pctVal>0.111146699743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.12687920</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>ECMC GROUP STUDENT LOAN TRUST</name>
        <lei>N/A</lei>
        <title>ECMC GROUP STUDENT LOAN TRUST 2020-3 ECMC 2020-3A A1B</title>
        <cusip>26833BAB9</cusip>
        <identifiers>
          <isin value="US26833BAB99"/>
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        <balance>971883.34000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>982863.48000000</valUSD>
        <pctVal>0.097940722633</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2070-01-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.11763080</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>ARI FLEET LEASE TRUST</name>
        <lei>N/A</lei>
        <title>ARI FLEET LEASE TRUST 2020-A ARIFL 2020-A A2</title>
        <cusip>00217TAB1</cusip>
        <identifiers>
          <isin value="US00217TAB17"/>
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        <balance>132378.80000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>133514.09000000</valUSD>
        <pctVal>0.013304458576</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.77000000</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>Tectum Holdings/Truck Hero 1/21</name>
        <lei>N/A</lei>
        <title>Tectum Holdings/Truck Hero 1/21 1/20/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX192014"/>
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        <balance>610000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>610433.10000000</valUSD>
        <pctVal>0.060828650316</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</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>RESIDENTIAL ACCREDIT LOANS INCORPORATED</name>
        <lei>N/A</lei>
        <title>RALI SERIES 2006-QO10 TRUST RALI 2006-QO10 A1</title>
        <cusip>751153AA5</cusip>
        <identifiers>
          <isin value="US751153AA50"/>
        </identifiers>
        <balance>2258423.03000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2168626.10000000</valUSD>
        <pctVal>0.216100009490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.27762840</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>HILTON ORLANDO TRUST</name>
        <lei>N/A</lei>
        <title>HILTON ORLANDO TRUST 2018-ORL HILT 2018-ORL B</title>
        <cusip>432885AG6</cusip>
        <identifiers>
          <isin value="US432885AG64"/>
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        <balance>2900000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2896490.13000000</valUSD>
        <pctVal>0.288630458049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.32649920</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>LEARNING CARE GROUP (US) NO. 2 INC.</name>
        <lei>N/A</lei>
        <title>LEARNING CARE GROUP (US) NO. 2 INC. 3/13/2025</title>
        <cusip>52201CAC5</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX171794"/>
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        <balance>2296896.46000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2230286.47000000</valUSD>
        <pctVal>0.222244363531</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.25000160</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>HPEFS EQUIPMENT TRUST</name>
        <lei>N/A</lei>
        <title>HPEFS EQUIPMENT TRUST 2019-1 HPEFS 2019-1A A2</title>
        <cusip>40438DAB5</cusip>
        <identifiers>
          <isin value="US40438DAB55"/>
        </identifiers>
        <balance>33782.67000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>33857.76000000</valUSD>
        <pctVal>0.003373869869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-09-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.19000000</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>GCP/Brookfield Retail 8/18</name>
        <lei>N/A</lei>
        <title>GCP/Brookfield Retail 8/18 8/28/2023</title>
        <cusip>11283HAF4</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX173186"/>
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        <balance>1795000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1756856.25000000</valUSD>
        <pctVal>0.175067823954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-08-28</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.12075000</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>Astoria Energy 11/20 TLB</name>
        <lei>N/A</lei>
        <title>Astoria Energy 11/20 TLB 12/4/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX190953"/>
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        <balance>905000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>905705.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-04</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.50000000</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>MACQUARIE BANK LIMITED</name>
        <lei>4ZHCHI4KYZG2WVRT8631</lei>
        <title>MACQUARIE BANK LTD MTN 0.441000% 12/16/2022</title>
        <cusip>55608PBG8</cusip>
        <identifiers>
          <isin value="US55608PBG81"/>
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        <balance>200000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>200292.86000000</valUSD>
        <pctVal>0.019958852725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-16</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.44100000</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>BAYVIEW COMMERCIAL ASSET TRUST</name>
        <lei>N/A</lei>
        <title>BAYVIEW COMMERCIAL ASSET TRUST 2006-2 BAYC 2006-2A A2</title>
        <cusip>07324YAC3</cusip>
        <identifiers>
          <isin value="US07324YAC30"/>
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        <balance>1213032.36000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1149005.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.55000080</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>MFA LLC</name>
        <lei>N/A</lei>
        <title>MFA 2017-RPL1 TRUST MFRA 2017-RPL1 A1</title>
        <cusip>552759AA0</cusip>
        <identifiers>
          <isin value="US552759AA01"/>
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        <balance>74400.45000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>75293.61000000</valUSD>
        <pctVal>0.007502883892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.58800040</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>BX COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BX COMMERCIAL MORTGAGE TRUST 2020-BXLP BX 2020-BXLP E</title>
        <cusip>05607QAU2</cusip>
        <identifiers>
          <isin value="US05607QAU22"/>
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        <balance>1995954.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1995354.40000000</valUSD>
        <pctVal>0.198833770734</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.71200160</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>MIDSTATE TRUST</name>
        <lei>N/A</lei>
        <title>MID-STATE CAPITAL CORP 2004-1 TRUST MDST 2004-1 M1</title>
        <cusip>59560UAB7</cusip>
        <identifiers>
          <isin value="US59560UAB70"/>
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        <balance>495565.49000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>527954.86000000</valUSD>
        <pctVal>0.052609829908</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.49700000</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>DRIVETIME AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>DT AUTO OWNER TRUST 2020-1 DTAOT 2020-1A A</title>
        <cusip>23344EAA4</cusip>
        <identifiers>
          <isin value="US23344EAA47"/>
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        <balance>65149.16000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>65501.73000000</valUSD>
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      <invstOrSec>
        <name>MILL CITY MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
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          <isin value="US03066EAB02"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ALPHABET HOLDING CO INC. TL</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX167868"/>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>DIRECTOR ST NEV DEPT BUSINESS &amp; INDUSTRY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CREDIT SUISSE AG</name>
        <lei>549300D0YARF5HYP1809</lei>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>RADNOR RE/ESSENT</name>
        <lei>N/A</lei>
        <title>RADNOR RE 2020-1 LTD RMIR 2020-1 M1A</title>
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        <identifiers>
          <isin value="US750493AA69"/>
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        <balance>1503000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.09800000</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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        <name>BANQUE DE MONTREAL</name>
        <lei>NQQ6HPCNCCU6TUTQYE16</lei>
        <title>BANK OF MONTREAL VARIABLE RATE 12/08/2023</title>
        <cusip>06368EA44</cusip>
        <identifiers>
          <isin value="US06368EA445"/>
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        <balance>350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>350741.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-12-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.43012080</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>KUBOTA CREDIT OWNER TRUST</name>
        <lei>N/A</lei>
        <title>KUBOTA CREDIT OWNER TRUST 2020-2 KCOT 2020-2A A2</title>
        <cusip>50116YAB7</cusip>
        <identifiers>
          <isin value="US50116YAB74"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.41000000</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BENCHMARK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BENCHMARK 2020-B20 MORTGAGE TRUST BMARK 2020-B20 A5</title>
        <cusip>08162XBG8</cusip>
        <identifiers>
          <isin value="US08162XBG88"/>
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        <balance>1128000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1122388.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.03410000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Bellemeade RE</name>
        <lei>N/A</lei>
        <title>BELLEMEADE RE 2019-2 LTD BMIR 2019-2A M1B</title>
        <cusip>07877BAC4</cusip>
        <identifiers>
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        <balance>489715.92000000</balance>
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        <curCd>USD</curCd>
        <valUSD>490200.44000000</valUSD>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Pretium Packaging 10/20 Cov-Lite TL</name>
        <lei>N/A</lei>
        <title>Pretium Packaging 10/20 Cov-Lite TL 10/29/2027</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX190376"/>
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        <balance>1972085.40000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>COLT MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>COLT 2020-1R MORTGAGE LOAN TRUST COLT 2020-1R A1</title>
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          <couponKind>Floating</couponKind>
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        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
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        <title>MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES MLMI MLMI 2005-A2 A5</title>
        <cusip>59020USM8</cusip>
        <identifiers>
          <isin value="US59020USM89"/>
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        <balance>431424.26000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ELLINGTON FINANCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ELLINGTON FINANCIAL MORTGAGE TRUST 2020-1 EFMT 2020-1 A1</title>
        <cusip>31574PAA3</cusip>
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          <isin value="US31574PAA30"/>
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        <balance>968445.07000000</balance>
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        <curCd>USD</curCd>
        <valUSD>984003.43000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>FORD CREDIT AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>FORD CREDIT AUTO OWNER TRUST 2017-REV2 FORDR 2017-2 A</title>
        <cusip>34529SAA7</cusip>
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          <isin value="US34529SAA78"/>
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        <balance>450000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.36000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BAYVIEW COMMERCIAL ASSET TRUST</name>
        <lei>N/A</lei>
        <title>BAYVIEW COMMERCIAL ASSET TRUST 2005-3 BAYC 2005-3A M5</title>
        <cusip>07324SCH3</cusip>
        <identifiers>
          <isin value="US07324SCH31"/>
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        <balance>703522.05000000</balance>
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        <curCd>USD</curCd>
        <valUSD>664939.28000000</valUSD>
        <pctVal>0.066260101138</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.09000080</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>AFFIRM ASSET SECURITIZATION TRUST</name>
        <lei>N/A</lei>
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        <name>Aruba Investments (ANGUS) 10/20 2nd Lien</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>LA BANQUE TORONTO-DOMINION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BX COMMERCIAL MORTGAGE TRUST</name>
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        <name>MARRIOTT INTERNATIONAL, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CIFC FUNDING LTD</name>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>DAIMLER FINANCE NORTH AMERICA LLC</name>
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        <invCountry>DE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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          <isin value="US3136BFEZ22"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WCG PURCHASER CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>INDYMAC INDX MORTGAGE LOAN TRUST</name>
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        <name>Tank Holding 12/20 Incremental Cov-Lite TLB</name>
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          <couponKind>Floating</couponKind>
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        <name>NielsenIQ 1/21 (USD) TLB</name>
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        <name>FEDERAL FARM CREDIT BANKS FUNDING CORPORATION</name>
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        <name>BA MORTGAGE SECURITIES INCORPORATED</name>
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        <name>ANCHOR PACKAGING, LLC</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <title>WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 200 WAMU 2003-AR7 A7</title>
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        <securityLending>
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      <invstOrSec>
        <name>FIRSTKEY HOMES TRUST</name>
        <lei>N/A</lei>
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          <isin value="US33767JAA07"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FORD MOTOR CREDIT COMPANY LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
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          <isin value="US345397YJ68"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>AMERICAN HONDA FINANCE CORPORATION</name>
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        <cusip>02665WDQ1</cusip>
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          <isin value="US02665WDQ15"/>
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        <balance>325000.00000000</balance>
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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>Floating</couponKind>
          <annualizedRt>0.34363080</annualizedRt>
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      <invstOrSec>
        <name>ASSET BACKED FUNDING CORPORATION</name>
        <lei>N/A</lei>
        <title>ABFC 2004-HE1 TRUST ABFC 2004-HE1 M1</title>
        <cusip>04542BJP8</cusip>
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          <isin value="US04542BJP85"/>
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        <balance>955886.56000000</balance>
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        <curCd>USD</curCd>
        <valUSD>951814.77000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.02999960</annualizedRt>
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      <invstOrSec>
        <name>BANC OF AMERICA FUNDING CORPORATION</name>
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          <isin value="US05946XYZ04"/>
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        <balance>48434.59000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>RECETTE CLO, LTD</name>
        <lei>N/A</lei>
        <title>RECETTE CLO LTD RCTTE 2015-1A DR</title>
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          <isin value="US75620TAU25"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.96838000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DRW 2/21 TL</name>
        <lei>N/A</lei>
        <title>DRW 2/21 TL 2/24/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX192663"/>
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        <balance>1208933.29000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1205910.96000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ONEMAIN FINANCIAL ISSUANCE TRUST</name>
        <lei>N/A</lei>
        <title>ONEMAIN FINANCIAL ISSUANCE TRUST 2020-A OMFIT 2020-1A A</title>
        <cusip>68269LAA4</cusip>
        <identifiers>
          <isin value="US68269LAA44"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.84000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTR ADJUSTABLE RATE MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>MASTR ADJUSTABLE RATE MORTGAGES TRUST 2005-6 MARM 2005-6 5A1</title>
        <cusip>576433A71</cusip>
        <identifiers>
          <isin value="US576433A715"/>
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        <balance>31214.63000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.97483840</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL FN 372390</title>
        <cusip>31377BUP8</cusip>
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          <isin value="US31377BUP83"/>
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        <balance>19133.01000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19166.25000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BEAR STEARNS ARM TRUST</name>
        <lei>N/A</lei>
        <title>BEAR STEARNS ARM TRUST 2004-3 BSARM 2004-3 2A</title>
        <cusip>07384MQ88</cusip>
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          <isin value="US07384MQ887"/>
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        <balance>989257.20000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.25715040</annualizedRt>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2018-4 NRZT 2018-4A A1S</title>
        <cusip>64828FCQ3</cusip>
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          <isin value="US64828FCQ37"/>
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        <balance>3688826.11660000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CREDIT ACCEPTANCE AUTO LOAN TRUST</name>
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        <title>CREDIT ACCEPTANCE AUTO LOAN TRUST 2019-1 CAALT 2019-1A A</title>
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          <isin value="US22535AAA34"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TriMark 9/20 TLA</name>
        <lei>N/A</lei>
        <title>TriMark 9/20 TLA 5/30/2024</title>
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        <identifiers>
          <other otherDesc="All Others" value="LX189903"/>
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        <balance>717471.21000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>BX COMMERCIAL MORTGAGE TRUST</name>
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          <isin value="US056059AA67"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BELLEMEADE RE LTD.</name>
        <lei>N/A</lei>
        <title>BELLEMEADE RE 2018-3 LTD BMIR 2018-3A M1B</title>
        <cusip>07877TAB7</cusip>
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          <isin value="US07877TAB70"/>
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        <curCd>USD</curCd>
        <valUSD>1646108.43000000</valUSD>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.96763040</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>EQUINOX HOLDINGS INC.</name>
        <lei>N/A</lei>
        <title>EQUINOX HOLDINGS INC. 3/8/2024</title>
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          <other otherDesc="All Others" value="LX188285"/>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>ALLY AUTO RECEIVABLES TRUST</name>
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        <name>DT AUTO OWNER TRUST</name>
        <lei>N/A</lei>
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        <name>Pro Mach 6/20 Delayed TL</name>
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          <other otherDesc="All Others" value="LX188850"/>
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        <name>BLACK DIAMOND CLO LTD.</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GS MORTGAGE SECURITIES CORPORATION TRUST</name>
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        <name>BAYVIEW COMMERCIAL ASSET TRUST</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>Freddie Mac</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>CREDIT ACCEPTANCE AUTO LOAN TRUST</name>
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        <name>LUMOS NETWORKS/SEGRA 5/20 INCREMENTAL TLB</name>
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        <name>Aruba Investments (ANGUS) 10/20 (USD) TL</name>
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        <name>BMW VEHICLE OWNER TRUST</name>
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        <name>Cooperatieve Rabobank UA (New York Branch)</name>
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          <isin value="US21688AAR32"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL FN 821487</title>
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          <isin value="US31406VUL88"/>
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        <balance>45651.70000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
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        <name>Skandinaviska Enskilda Banken AB</name>
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        <name>Province of Alberta</name>
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        <name>Freddie Mac</name>
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        <name>DENALI CAPITAL CLO LTD.</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.86837840</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL FN 793029</title>
        <cusip>31405MA64</cusip>
        <identifiers>
          <isin value="US31405MA645"/>
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        <curCd>USD</curCd>
        <valUSD>147934.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.82800080</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dominion Energy, Inc.</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>DOMINION ENERGY INC VARIABLE RATE 09/15/2023</title>
        <cusip>25746UDH9</cusip>
        <identifiers>
          <isin value="US25746UDH95"/>
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        <balance>275000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>275588.78000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-09-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.74649960</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>National Mentor Hold.</name>
        <lei>N/A</lei>
        <title>National Mentor Hold. 2/18/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX192639"/>
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        <balance>2330595.74000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2325934.55000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</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>
        <name>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2020-3 AMCAR 2020-3 A2</title>
        <cusip>03066PAB5</cusip>
        <identifiers>
          <isin value="US03066PAB58"/>
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        <balance>520000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>520549.02000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.42000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>STRUCTURED ASSET MORTGAGE INVESTORS</name>
        <lei>N/A</lei>
        <title>STRUCTURED ASSET MORTGAGE INVESTMENTS II TRUST 200 SAMI 2004-AR5 1A1</title>
        <cusip>86359LDX4</cusip>
        <identifiers>
          <isin value="US86359LDX47"/>
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        <balance>856013.15000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>840040.03000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.78950160</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>
        <name>PETCO HEALTH &amp; W TL 1L B</name>
        <lei>N/A</lei>
        <title>PETCO HEALTH &amp; W TL 1L B 2/25/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX192745"/>
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        <balance>1056000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1054680.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Duke Energy Progress, LLC</name>
        <lei>0NIFZ782LS46WOC9QK20</lei>
        <title>DUKE ENERGY PROGRESS LLC VARIABLE RATE 02/18/2022</title>
        <cusip>26442UAJ3</cusip>
        <identifiers>
          <isin value="US26442UAJ34"/>
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        <balance>450000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>450004.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.36862920</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>
        <name>National Mentor Hold.</name>
        <lei>N/A</lei>
        <title>National Mentor Hold. 2/18/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX192641"/>
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        <balance>268914.89000000</balance>
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        <curCd>USD</curCd>
        <valUSD>268377.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</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>VOYA CLO</name>
        <lei>N/A</lei>
        <title>VOYA CLO 2016-3 LTD VOYA 2016-3A A2R</title>
        <cusip>92915HAN3</cusip>
        <identifiers>
          <isin value="US92915HAN35"/>
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        <balance>818182.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>818830.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-10-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.61775000</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>SIMPLY GOOD FOODS USA, INC.</name>
        <lei>N/A</lei>
        <title>SIMPLY GOOD FOODS USA, INC. 7/7/2024</title>
        <cusip>04761PAF2</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX162989"/>
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        <balance>2416495.96000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2431599.06000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-07-07</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.74999840</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 2019-4 VERUS 2019-4 A1</title>
        <cusip>92537KAA2</cusip>
        <identifiers>
          <isin value="US92537KAA25"/>
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        <balance>145438.86000000</balance>
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        <curCd>USD</curCd>
        <valUSD>148452.14000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2059-11-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.64200000</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>EDUCATIONAL FUNDING OF THE SOUTH, INC.</name>
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        <title>EDUCATIONAL FUNDING OF THE SOUTH INC EFOTS 2011-1 A2</title>
        <cusip>28148WAB9</cusip>
        <identifiers>
          <isin value="US28148WAB90"/>
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        <balance>215279.91000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>215483.65000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.86474880</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TESLA AUTO LEASE TRUST</name>
        <lei>N/A</lei>
        <title>TESLA AUTO LEASE TRUST 2020-A TESLA 2020-A B</title>
        <cusip>88167HAE6</cusip>
        <identifiers>
          <isin value="US88167HAE62"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1014107.30000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-01-22</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.18000000</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>TRAVERSE MIDSTREAM PARTNERS LLC</name>
        <lei>N/A</lei>
        <title>TRAVERSE MIDSTREAM PARTNERS LLC 9/27/2024</title>
        <cusip>89435TAB0</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX168620"/>
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        <balance>0.01000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.01000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <debtSec>
          <maturityDt>2024-09-27</maturityDt>
          <couponKind>Floating</couponKind>
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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>COLT MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>COLT 2021-1RMORTGAGE PASS-THROUGH CERTIFICATES COLT 2021-1R A1</title>
        <cusip>19688BAA2</cusip>
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          <isin value="US19688BAA26"/>
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        <curCd>USD</curCd>
        <valUSD>442774.78000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.85700160</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>PRECISION MEDICINE GROUP, LLC</name>
        <lei>N/A</lei>
        <title>PRECISION MEDICINE 10/20 TL DELAYED 10/29/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="US74028HAD70"/>
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        <balance>269672.48000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>0.01000000</valUSD>
        <pctVal>0.000000000996</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>GMACM HOME EQUITY LOAN TRUST</name>
        <lei>N/A</lei>
        <title>GMACM HOME EQUITY LOAN TRUST 2007-HE2 GMACM 2007-HE2 A3</title>
        <cusip>36186LAC7</cusip>
        <identifiers>
          <isin value="US36186LAC72"/>
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        <name>Asurion 1/21 2nd Lien</name>
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        <name>Internet Brands 6/20 Incremental Cov-Lite TL</name>
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        <name>Federal National Mortgage Association</name>
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        <name>FLAGSHIP CREDIT AUTO TRUST</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Government National Mortgage Association 2</name>
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        <name>KENTUCKY HIGHER ED STUDENT LN CORP STUDENT LN REV</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>WHEELS SPV, LLC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>NOVASTAR HOME EQUITY LOAN</name>
        <lei>N/A</lei>
        <title>NOVASTAR MORTGAGE FUNDING TRUST SERIES 2003-3 NHEL 2003-3 A1</title>
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          <isin value="US66987XCQ60"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-12-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.83999880</annualizedRt>
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      <invstOrSec>
        <name>SACO I TRUST</name>
        <lei>N/A</lei>
        <title>SACO I TRUST 2006-6 SACO 2006-6 A</title>
        <cusip>785779AA7</cusip>
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          <isin value="US785779AA78"/>
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        <balance>322072.09000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.38999880</annualizedRt>
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      <invstOrSec>
        <name>SEQUOIA MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>SEQUOIA MORTGAGE TRUST 2004-3 SEMT 2004-3 A</title>
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          <isin value="US81744FAZ09"/>
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        <balance>845319.90000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-05-20</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>AMERICAN AIRLINES INC.</name>
        <lei>N/A</lei>
        <title>AMERICAN AIRLINES INC. 6/27/2025</title>
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          <other otherDesc="All Others" value="LX173549"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-06-27</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>THE HILLMAN GROUP INC</name>
        <lei>N/A</lei>
        <title>THE HILLMAN GROUP INC 2/24/2028</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX192813"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-02-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>KKR FINANCIAL CLO, LTD.</name>
        <lei>N/A</lei>
        <title>KKR CLO 21 LTD KKR 21 A</title>
        <cusip>48252KAA7</cusip>
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          <isin value="US48252KAA79"/>
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        <balance>580000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.24125120</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2020-NQM1 NRZT 2020-NQM1 A1</title>
        <cusip>64830VAA1</cusip>
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          <isin value="US64830VAA17"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-01-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.46413160</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BAYVIEW COMMERCIAL ASSET TRUST</name>
        <lei>N/A</lei>
        <title>BAYVIEW COMMERCIAL ASSET TRUST 2004-3 BAYC 2004-3 M2</title>
        <cusip>07324SBA9</cusip>
        <identifiers>
          <isin value="US07324SBA96"/>
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        <balance>156800.10000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MORGAN STANLEY DEAN WITTER CAPITAL I INC</name>
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        <title>MORGAN STANLEY DEAN WITTER CAPITAL I INC TRUST 200 MSDWC 2002-HE2 A1</title>
        <cusip>61746WRV4</cusip>
        <identifiers>
          <isin value="US61746WRV45"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.99000000</annualizedRt>
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        <securityLending>
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        <name>SAXON ASSET SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>SAXON ASSET SECURITIES TRUST 2006-2 SAST 2006-2 A3C</title>
        <cusip>80556XAE7</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.26763120</annualizedRt>
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        <name>MFA TRUST</name>
        <lei>N/A</lei>
        <title>MFA 2020-NQM3 TRUST MFRA 2020-NQM3 A1</title>
        <cusip>552757AA4</cusip>
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          <isin value="US552757AA45"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CREDIT SUISSE FIRST BOSTON CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>Mohegan Gaming &amp; Entertainment</name>
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        <name>VIATRIS INC.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ARROYO MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>ALTERRA MOUNTAIN COMPANY</name>
        <lei>N/A</lei>
        <title>ALTERRA MOUNTAIN COMPANY 8/1/2026</title>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>WELLS FARGO COMMERCIAL MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <curCd>USD</curCd>
        <valUSD>1490287.87000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.82295080</annualizedRt>
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      <invstOrSec>
        <name>FORD CREDIT AUTO LEASE TRUST</name>
        <lei>N/A</lei>
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          <isin value="US34532FAE25"/>
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        <balance>150000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ASSET BACKED FUNDING CORPORATION</name>
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          <isin value="US04542BQA34"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.82000080</annualizedRt>
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      <invstOrSec>
        <name>CITIGROUP COMMERCIAL MORTGAGE TRUST</name>
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        <title>CITIGROUP COMMERCIAL MORTGAGE TRUST 2019-SST2 CGCMT 2019-SST2 A</title>
        <cusip>17327XAA5</cusip>
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          <isin value="US17327XAA54"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.03224960</annualizedRt>
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        <name>State of California</name>
        <lei>N/A</lei>
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          <isin value="US13063DAF50"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MERCEDES-BENZ AUTO LEASE TRUST</name>
        <lei>N/A</lei>
        <title>MERCEDES-BENZ AUTO LEASE TRUST 2019-A MBALT 2019-A A4</title>
        <cusip>58772TAD2</cusip>
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          <isin value="US58772TAD28"/>
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        <balance>415000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GS MORTGAGE SECURITIES CORPORATION TRUST</name>
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          <isin value="US36253XAL91"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.42650000</annualizedRt>
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        <name>L3HARRIS TECHNOLOGIES, INC.</name>
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        <balance>350000.00000000</balance>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>0.97999920</annualizedRt>
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      <invstOrSec>
        <name>TELOS CLO</name>
        <lei>N/A</lei>
        <title>TELOS CLO 2013-3 LTD TELOS 2013-3A AR</title>
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          <isin value="US87969DAL10"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.52337960</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>UBS AG</name>
        <lei>BFM8T61CT2L1QCEMIK50</lei>
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          <isin value="US902674YC83"/>
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        <curCd>USD</curCd>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CH</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>0.41870160</annualizedRt>
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        <name>OZLM FUNDING LTD</name>
        <lei>N/A</lei>
        <title>OZLM XII LTD OZLM 2015-12A A1R</title>
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          <isin value="US67109WAJ71"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>Datatel/Ellucian 9/20 2nd Lien TL</name>
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        <title>Datatel/Ellucian 9/20 2nd Lien TL 9/22/2028</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>N/A</name>
        <lei>N/A</lei>
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        <name>SEQUOIA MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>SEQUOIA MORTGAGE TRUST 2004-5 SEMT 2004-5 A1</title>
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          <couponKind>Floating</couponKind>
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        <name>BEAR STEARNS ALT-A TRUST</name>
        <lei>N/A</lei>
        <title>BEAR STEARNS ALT-A TRUST 2004-7 BALTA 2004-7 2A1</title>
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        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.03431760</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VOLKSWAGEN AUTO LEASE TRUST</name>
        <lei>N/A</lei>
        <title>VOLKSWAGEN AUTO LEASE TRUST 2020-A VWALT 2020-A A2</title>
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          <isin value="US92868VAB53"/>
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        <balance>635000.00000000</balance>
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      <invstOrSec>
        <name>DT AUTO OWNER TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CITIGROUP INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OBX TRUST</name>
        <lei>N/A</lei>
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      <invstOrSec>
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      <invstOrSec>
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        <name>ONE MARKET PLAZA TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>LANDesk Software 11/20 2nd Lien TL</name>
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          <other otherDesc="All Others" value="LX190873"/>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NRZ MSR</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES INC.</name>
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        <name>Freddie Mac</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>AVID AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>ION TRADING</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>J.P. MORGAN MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SANTANDER CONSUMER AUTO RECEIVABLES TRUST</name>
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          <couponKind>Fixed</couponKind>
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        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>COMM MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2014-CCRE15 MORTGAGE TRUST COMM 2014-CR15 D</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WESTLAKE AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>N/A</name>
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        <name>INDYMAC INDA MORTGAGE LOAN TRUST</name>
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          <isin value="US456673AA08"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Freddie Mac</name>
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          <isin value="US3137F7HN83"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>1-800 Contacts 10/20 2nd Lien Cov-Lite</name>
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          <other otherDesc="All Others" value="LX190245"/>
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        <isRestrictedSec>N</isRestrictedSec>

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

        <fairValLevel>2</fairValLevel>
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        <name>TRIDENT TPI HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>HOME EQUITY ASSET TRUST (CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP)</name>
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        <name>BAYVIEW COMMERCIAL ASSET TRUST</name>
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        <name>Assuredpartners 6/20 Incremental Cov-Lite TLB</name>
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        <name>TANK HOLDING CORP.</name>
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        <name>ASSET BACKED FUNDING CORPORATION</name>
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        <name>FLAGSHIP CREDIT AUTO TRUST</name>
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        <name>HPEFS EQUIPMENT TRUST</name>
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        <name>Grab 1/21</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      </invstOrSec>
      <invstOrSec>
        <name>ACE SECURITIES CORP HOME EQUITY LOAN TRUST</name>
        <lei>N/A</lei>
        <title>ACE SECURITIES CORP HOME EQUITY LOAN TRUST SERIES ACE 2005-SD1 M2</title>
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      <invstOrSec>
        <name>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OCP CLO LTD</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>INTELLIGENT PACKAGING LIMITED FINCO INC.</name>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GS MORTGAGE SECURITIES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NATIONAL MENTOR HOLDINGS</name>
        <lei>N/A</lei>
        <title>NATIONAL MENTOR HOLDINGS 3/9/2026</title>
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          <other otherDesc="All Others" value="LX178223"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MORGAN STANLEY DEAN WITTER CAPITAL I INC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Altria Group, Inc.</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Alliance Laundry 9/20 Cov-Lite TLB</name>
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        <title>Alliance Laundry 9/20 Cov-Lite TLB 9/30/2027</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX190032"/>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>J.P. MORGAN MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>VSE VOI MORTGAGE LLC</name>
        <lei>N/A</lei>
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          <isin value="US918288AA95"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>Federal National Mortgage Association</name>
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          <isin value="US31402QW985"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE REMICS FNR 2021-3 KI</title>
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        <issuerCat>USGA</issuerCat>
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          <couponKind>Fixed</couponKind>
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        <name>CREDIT ACCEPTANCE AUTO LOAN TRUST</name>
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        <title>CREDIT ACCEPTANCE AUTO LOAN TRUST 2020-1 CAALT 2020-1A A</title>
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          <isin value="US22534GAA13"/>
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          <couponKind>Fixed</couponKind>
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        <name>CSMC TRUST</name>
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          <couponKind>Floating</couponKind>
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        <name>WAMU COMMERCIAL MORTGAGE SECURITIES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>SANTANDER UK PLC</name>
        <lei>PTCQB104N23FMNK2RZ28</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Freddie Mac</name>
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        <name>Freddie Mac</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Freddie Mac</name>
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        <name>Federal National Mortgage Association</name>
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      <invstOrSec>
        <name>Michigan Student Loan</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BELLEMEADE RE LTD.</name>
        <lei>N/A</lei>
        <title>BELLEMEADE RE 2019-3 LTD BMIR 2019-3A M1A</title>
        <cusip>07877GAA7</cusip>
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          <isin value="BM07877GAA79"/>
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        <balance>605573.66000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>American Bath 1/21 Cov-Lite</name>
        <lei>N/A</lei>
        <title>American Bath 1/21 Cov-Lite 11/23/2027</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX192222"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL FN FM3339</title>
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          <isin value="US3140X6V992"/>
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        <balance>3625870.97000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
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          <isin value="US89175MAA18"/>
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        <balance>1272991.15000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2058-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.75000120</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>J.P. MORGAN MORTGAGE TRUST</name>
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        <title>JP MORGAN MORTGAGE TRUST 2018-7FRB JPMMT 2018-7FRB A2</title>
        <cusip>46650AAD5</cusip>
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          <isin value="US46650AAD54"/>
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        <balance>167585.12000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2046-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.86762880</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRAVO RESIDENTIAL FUNDING TRUST</name>
        <lei>N/A</lei>
        <title>BRAVO RESIDENTIAL FUNDING TRUST 2020-NQM1 BRAVO 2020-NQM1 A1</title>
        <cusip>105699AA0</cusip>
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          <isin value="US105699AA01"/>
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        <balance>232061.44000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2060-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.45000080</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EQUINOX FITNESS CLUBS</name>
        <lei>N/A</lei>
        <title>EQUINOX FITNESS CLUBS 3/8/2024</title>
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        <identifiers>
          <other otherDesc="All Others" value="LX169635"/>
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        <balance>1512458.06000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-03-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.99999960</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY CAPITAL I INC.</name>
        <lei>3IFG42XD94UUZ7FL2766</lei>
        <title>MORGAN STANLEY CAPITAL I TRUST 2007-TOP27 MSC 2007-T27 AJ</title>
        <cusip>61754JAH1</cusip>
        <identifiers>
          <isin value="US61754JAH14"/>
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        <balance>1534603.90000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>GLS AUTO RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>GLS AUTO RECEIVABLES ISSUER TRUST 2020-4 GCAR 2020-4A A</title>
        <cusip>36261EAA5</cusip>
        <identifiers>
          <isin value="US36261EAA55"/>
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        <balance>279727.97000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HOME PARTNERS OF AMERICA TRUST</name>
        <lei>N/A</lei>
        <title>HOME PARTNERS OF AMERICA 2017-1 TRUST HPA 2017-1 A</title>
        <cusip>43730TAA1</cusip>
        <identifiers>
          <isin value="US43730TAA16"/>
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        <balance>3667117.65000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>0.94600080</annualizedRt>
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      <invstOrSec>
        <name>FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST</name>
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        <title>FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST 202 FCRT 2021-1 A2</title>
        <cusip>35105WAC3</cusip>
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          <isin value="US35105WAC38"/>
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        <balance>415000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>0.40000000</annualizedRt>
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        <name>LION HOLDINGS WARRANTS</name>
        <lei>N/A</lei>
        <title>LION HOLDINGS WARRANTS 12/30/2027</title>
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          <other otherDesc="All Others" value="LX144690"/>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="WAR">
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
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        <name>Freddie Mac</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2020-DNA4 STACR 2020-DNA4 M1</title>
        <cusip>35565XAA8</cusip>
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          <isin value="US35565XAA81"/>
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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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        <name>AVAYA</name>
        <lei>N/A</lei>
        <title>AVAYA 12/15/2024</title>
        <cusip>05349UBC5</cusip>
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          <other otherDesc="All Others" value="LX174166"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>844695.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.36224960</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DEERFIELD DAKOTA HOLDING LLC</name>
        <lei>N/A</lei>
        <title>DEERFIELD DAKOTA HOLDING LLC 4/9/2027</title>
        <cusip>24440EAB3</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX186124"/>
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        <balance>621875.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>625096.31000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.74999840</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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          <isin value="US46629MAT27"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BUCKEYE OHIO TOB SETTLEMENT FING AUTH</name>
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          <isin value="US118217CY23"/>
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        <valUSD>424964.55000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FORD CREDIT AUTO OWNER TRUST</name>
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          <isin value="US34533GAB59"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>TIME WARNER CABLE, LLC</name>
        <lei>549300U5NFR7S6E3GM41</lei>
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          <isin value="US88732JBA51"/>
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        <balance>396000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Deutsche Bank AG (New York Branch)</name>
        <lei>N/A</lei>
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          <isin value="US251526BX61"/>
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        <balance>425000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-10-14</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>MADISON PARK FUNDING, LTD.</name>
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        <cusip>55818VAY3</cusip>
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          <isin value="US55818VAY39"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>NISSAN AUTO LEASE TRUST</name>
        <lei>N/A</lei>
        <title>NISSAN AUTO LEASE TRUST 2020-B NALT 2020-B A2</title>
        <cusip>65480EAB7</cusip>
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          <isin value="US65480EAB74"/>
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        <balance>390000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>390266.06000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.34000000</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>
        <name>RENAISSANCE HOLDING CORP.</name>
        <lei>N/A</lei>
        <title>RENAISSANCE HOLDING CORP. 5/30/2025</title>
        <cusip>75972JAB0</cusip>
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          <other otherDesc="All Others" value="LX173615"/>
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        <balance>180964.41000000</balance>
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        <curCd>USD</curCd>
        <valUSD>179078.76000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-05-30</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>UNIVERSITY CALIF REVS</name>
        <lei>N/A</lei>
        <title>UNIV OF CALIFORNIA CA REVENUES UNIVERSITY OF CALIFORNIA</title>
        <cusip>91412HFJ7</cusip>
        <identifiers>
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        <balance>30000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>United States of America</name>
        <lei>N/A</lei>
        <title>US 5YR NOTE (CBT) JUN21 FINANCIAL COMMODITY FUTURE.</title>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>J.P. MORGAN MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>JP MORGAN MORTGAGE TRUST 2005-A3 JPMMT 2005-A3 6A5</title>
        <cusip>466247QM8</cusip>
        <identifiers>
          <isin value="US466247QM85"/>
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        <balance>447635.51000000</balance>
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        <valUSD>459161.86000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-06-25</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DBUBS MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>DBUBS 2011-LC2 MORTGAGE TRUST DBUBS 2011-LC2A XA</title>
        <cusip>23305XAE1</cusip>
        <identifiers>
          <isin value="US23305XAE13"/>
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        <balance>6797110.44000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1010.73000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.89965080</annualizedRt>
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      <invstOrSec>
        <name>DUNKIN BRANDS</name>
        <lei>N/A</lei>
        <title>DB MASTER FINANCE LLC DNKN 2019-1A A2I</title>
        <cusip>233046AJ0</cusip>
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        <curCd>USD</curCd>
        <valUSD>121186.40000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.78700000</annualizedRt>
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      <invstOrSec>
        <name>Westpac Banking Corporation (New York branch)</name>
        <lei>N/A</lei>
        <title>WESTPAC BANKING CORPORATION COMMERCIAL PAPER (ISITC)</title>
        <cusip>96130AHW1</cusip>
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          <isin value="US96130AHW18"/>
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        <balance>500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>499999.98000000</valUSD>
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        <assetCat>ABS-APCP</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2021-11-19</maturityDt>
          <couponKind>None</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>MTRO COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>MTRO COMMERCIAL MORTGAGE TRUST 2019-TECH MTRO 2019-TECH A</title>
        <cusip>55378MAA7</cusip>
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          <isin value="US55378MAA71"/>
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        <balance>455000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>455447.22000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.02650040</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>NOVASTAR HOME EQUITY LOAN</name>
        <lei>N/A</lei>
        <title>NOVASTAR MORTGAGE FUNDING TRUST SERIES 2004-4 NHEL 2004-4 M5</title>
        <cusip>66987WBX4</cusip>
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          <isin value="US66987WBX48"/>
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        <balance>896069.63000000</balance>
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        <curCd>USD</curCd>
        <valUSD>900578.83000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.85500080</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>
        <name>RAYTHEON TECHNOLOGIES CORPORATION</name>
        <lei>I07WOS4YJ0N7YRFE7309</lei>
        <title>RAYTHEON TECHNOLOGIES CORP 3.100000% 11/15/2021</title>
        <cusip>75513ECD1</cusip>
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          <isin value="US75513ECD13"/>
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        <balance>393000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>397985.42000000</valUSD>
        <pctVal>0.039658589850</pctVal>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BLUEMOUNTAIN CLO LTD.</name>
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          <isin value="US09626YAN04"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DUN &amp; BRADSTREET CORPORATION</name>
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          <other otherDesc="All Others" value="LX178432"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CARMAX AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>CARMAX AUTO OWNER TRUST 2020-4 CARMX 2020-4 A2</title>
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          <isin value="US14316HAB87"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Venator Finance S.a r.l.</name>
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          <isin value="US9226APAA30"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRWIN HOME EQUITY CORPORATION TRUST</name>
        <lei>N/A</lei>
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          <isin value="US464126CZ20"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>WORLD OMNI AUTOMOBILE LEASE SECURITIZATION TRUST 2 WOLS 2020-B A2</title>
        <cusip>98163GAB7</cusip>
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          <isin value="US98163GAB77"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FREMF MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K078 A2</title>
        <cusip>3137FGR31</cusip>
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          <isin value="US3137FGR317"/>
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        <balance>845000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.85400000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GS MORTGAGE SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>GS MORTGAGE SECURITIES TRUST 2011-GC3 GSMS 2011-GC3 X</title>
        <cusip>36248FAJ1</cusip>
        <identifiers>
          <isin value="US36248FAJ12"/>
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        <balance>10908140.29000000</balance>
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        <curCd>USD</curCd>
        <valUSD>251.98000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-03-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.17098920</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FIRST FRANKLIN MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>FIRST FRANKLIN MORTGAGE LOAN TRUST 2006-FFA FFML 2006-FFA A3</title>
        <cusip>318340AC0</cusip>
        <identifiers>
          <isin value="US318340AC01"/>
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        <balance>3955.60000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4192.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.37000080</annualizedRt>
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        <securityLending>
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        <name>THE GOLDMAN SACHS GROUP, INC.</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>GOLDMAN SACHS GROUP INC/THE VARIABLE RATE 04/26/2022</title>
        <cusip>38141GWD2</cusip>
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          <isin value="US38141GWD23"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-04-26</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>FLAGSHIP CREDIT AUTO TRUST</name>
        <lei>N/A</lei>
        <title>FLAGSHIP CREDIT AUTO TRUST 2019-2 FCAT 2019-2 A</title>
        <cusip>33845WAA7</cusip>
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          <isin value="US33845WAA71"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>CARMAX AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>CARMAX AUTO OWNER TRUST 2021-1 CARMX 2021-1 A2A</title>
        <cusip>14316NAB5</cusip>
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          <isin value="US14316NAB55"/>
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          <couponKind>Fixed</couponKind>
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        <name>CARMAX AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>CARMAX AUTO OWNER TRUST 2020-4 CARMX 2020-4 A3</title>
        <cusip>14316HAC6</cusip>
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          <isin value="US14316HAC60"/>
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          <couponKind>Fixed</couponKind>
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        <name>NOMURA RESECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>NOMURA RESECURITIZATION TRUST 2015-1R NMRR 2015-1R 5A1</title>
        <cusip>65540TBY1</cusip>
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          <isin value="US65540TBY10"/>
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        <name>MORGAN STANLEY CAPITAL I TRUST</name>
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        <title>MORGAN STANLEY CAPITAL I TRUST 2017-CLS MSC 2017-CLS D</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>HMH TRUST</name>
        <lei>N/A</lei>
        <title>HMH TRUST 2017-NSS HMH 2017-NSS E</title>
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          <isin value="US40390AAJ07"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.29150000</annualizedRt>
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      <invstOrSec>
        <name>WELLS FARGO MORTGAGE BACKED SECURITIES TRUST</name>
        <lei>N/A</lei>
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        <name>Capital Vision/MyEyeDr 8/19 Cov-Lite TL</name>
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        <name>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST</name>
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        <title>GM FINANCIAL CONSUMER AUTOMOBILE RECEIVABLES TRUST GMCAR 2020-4 A2</title>
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        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST</name>
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        <name>VELOCITY COMMERCIAL CAPITAL LOAN TRUST</name>
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        <name>MSSG TRUST</name>
        <lei>N/A</lei>
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        <name>Federal National Mortgage Association</name>
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        <name>MITCHELL INTERNATIONAL, INC.</name>
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        <name>CHT MORTGAGE TRUST</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>BRAVO RESIDENTIAL FUNDING TRUST</name>
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          <isin value="US10569AAA79"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RESIDENTIAL MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>RESIDENTIAL MORTGAGE LOAN TRUST 2020-1 RMLT 2020-1 A1</title>
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          <isin value="US76119CAA99"/>
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        <balance>99284.10000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage Association 2</name>
        <lei>N/A</lei>
        <title>GINNIE MAE II POOL G2 892990</title>
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          <isin value="US3620E0G261"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>J.P. MORGAN MORTGAGE TRUST</name>
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          <isin value="US46631JAA60"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>THE BOEING COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LCM LTD.</name>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BUNKER HILL LOAN DEPOSITARY TRUST</name>
        <lei>N/A</lei>
        <title>BUNKER HILL LOAN DEPOSITARY TRUST 2019-1 BHLD 2019-1 A1</title>
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          <isin value="US12061AAA60"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>CITIBANK CREDIT CARD ISSUANCE TRUST</name>
        <lei>N/A</lei>
        <title>CITIBANK CREDIT CARD ISSUANCE TRUST CCCIT 2018-A2 A2</title>
        <cusip>17305EGL3</cusip>
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          <isin value="US17305EGL39"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>BWAY HOLDING COMPANY</name>
        <lei>N/A</lei>
        <title>BWAY HOLDING COMPANY 4/3/2024</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2015-5 TPMT 2015-5 A1B</title>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>COMM MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2014-CCRE15 MORTGAGE TRUST COMM 2014-CR15 A2</title>
        <cusip>12591RAX8</cusip>
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        <balance>390886.95000000</balance>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.92800000</annualizedRt>
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        <name>RESIMAC TRIOMPHE TRUST</name>
        <lei>N/A</lei>
        <title>RESIMAC PREMIER SERIES 2020-1 RESI 2020-1A A1B</title>
        <cusip>76120GAB5</cusip>
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          <isin value="US76120GAB59"/>
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        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TESLA AUTO LEASE TRUST</name>
        <lei>N/A</lei>
        <title>TESLA AUTO LEASE TRUST 2020-A TESLA 2020-A A2</title>
        <cusip>88167HAB2</cusip>
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          <couponKind>Fixed</couponKind>
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        <name>VERUS SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 2020-1 VERUS 2020-1 A1</title>
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          <isin value="US92536PAA21"/>
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        <name>280 PARK AVENUE MORTGAGE TRUST COMMERCIAL MORTGAGE PASS-THROUGH CERTIFICATES</name>
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        <name>DISCOVER BANK</name>
        <lei>X05BVSK68TQ7YTOSNR22</lei>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>ALLIANT HOLDINGS INTERMEDIATE, LLC</name>
        <lei>N/A</lei>
        <title>ALLIANT HOLDINGS INTERMEDIATE, LLC 5/9/2025</title>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>VOYA CLO</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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

        <fairValLevel>2</fairValLevel>
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        <name>SANTANDER DRIVE AUTO RECEIVABLES TRUST</name>
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        <name>ZAYO GROUP HOLDINGS, INC.</name>
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        <name>CWHEQ REVOLVING HOME EQUITY LOAN TRUST</name>
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        <name>CAMPBELL SOUP COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>AVERY POINT CLO, LIMITED</name>
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        <title>AVERY POINT IV CLO LTD AVERY 2014-1A D</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>CLEAR CHANNEL OUTDOOR HOLDINGS, INC.</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Datatel/Ellucian 9/20 Cov-Lite TLB</name>
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        <name>MSG National 10/20</name>
        <lei>N/A</lei>
        <title>MSG National 10/20 12/31/2049</title>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>PACIFIC LIFE GLOBAL FUNDING II</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CROSSROADS ASSET TRUST</name>
        <lei>N/A</lei>
        <title>CROSSROADS ASSET TRUST 2021-A XROAD 2021-A A2</title>
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        <curCd>USD</curCd>
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          <couponKind>Fixed</couponKind>
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        <name>Freddie Mac</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC REMICS FHR 3311 FN</title>
        <cusip>31397H6P8</cusip>
        <identifiers>
          <isin value="US31397H6P87"/>
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        <balance>323433.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>TRIMARK 9/20 SUPER PRIORITY</name>
        <lei>N/A</lei>
        <title>TRIMARK 9/20 SUPER PRIORITY 8/28/2024</title>
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          <other otherDesc="All Others" value="LX189928"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>US LBM 12/20 Delayed TL</name>
        <lei>N/A</lei>
        <title>US LBM 12/20 Delayed TL 12/9/2027</title>
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          <other otherDesc="All Others" value="LX191234"/>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>PFS FINANCING CORP.</name>
        <lei>N/A</lei>
        <title>PFS FINANCING CORP PFSFC 2020-G A</title>
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          <isin value="US69335PDX06"/>
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        <balance>1057000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <name>SECURITIZED TERM AUTO RECEIVABLES TRUST</name>
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        <name>WESTGATE RESORTS LLC</name>
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        <name>PARTICLES/WEBPRO INVESTMENTS</name>
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        <name>CASMAR HOLDINGS (AUSTRALIA) PTY LIMITED</name>
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        <name>Intelsat Jackson 6/20 DIP TL</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>INVITATION HOMES TRUST</name>
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        <name>CWHEQ REVOLVING HOME EQUITY LOAN TRUST</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Government National Mortgage Association</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Freddie Mac</name>
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        <name>Freddie Mac</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BBCMS TRUST</name>
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        <name>AIR METHODS</name>
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          <other otherDesc="All Others" value="LX162655"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>FLAGSHIP CREDIT AUTO TRUST</name>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <name>TIDEWATER AUTO RECEIVABLES TRUST</name>
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        <name>C-BASS MORTGAGE LOAN ASSET-BACKED CERTIFICATES</name>
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        <name>CAESARS RESORT COLLECTION, LLC</name>
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        <name>CARLYLE GLOBAL MARKET STRATEGIES CLO LTD</name>
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        <name>SEDGWICK CLAIMS MANAGEMENT SERVICES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MARLETTE FUNDING TRUST</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>COREVEST AMERICAN FINANCE</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Government National Mortgage Association</name>
        <lei>N/A</lei>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>Sonic Capital LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>7-ELEVEN, INC.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MELLON RESIDENTIAL FUNDING CORPORATION</name>
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          <isin value="US585525FX10"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>N/A</lei>
        <title>FANNIE MAE POOL FN 793599</title>
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          <isin value="US31405MUY10"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>J.P. MORGAN MORTGAGE TRUST</name>
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          <isin value="US46630GAN51"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>WORLD OMNI AUTO RECEIVABLE TRUST</name>
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        <title>WORLD OMNI AUTO RECEIVABLES TRUST 2021-A WOART 2021-A A2</title>
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          <isin value="US98164EAB11"/>
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          <couponKind>Fixed</couponKind>
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        <name>Freddie Mac</name>
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        <title>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOT STACR 2020-HQA5 M1</title>
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          <isin value="US35565TAA79"/>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TITAN ACQUISITION LIMITED</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MARLETTE FUNDING TRUST</name>
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        <title>MARLETTE FUNDING TRUST 2020-1 MFT 2020-1A A</title>
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        <name>CALPINE CORPORATION</name>
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        <name>HOYA MIDCO, LLC</name>
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        <name>SCF EQUIPMENT LEASING LLC</name>
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          <couponKind>Fixed</couponKind>
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        <name>AEGIS ASSET BACKED SECURITIES TRUST</name>
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        <title>AEGIS ASSET BACKED SECURITIES TRUST MORTGAGE PASS- AABST 2004-3 M1</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
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        <name>STANDARD CHARTERED PLC</name>
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        <name>MI Windows 12/20</name>
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        <name>GILEAD SCIENCES, INC.</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Mediware Information 12/20 2nd Lien Incremental TL</name>
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        <name>PI UK HOLDCO II LIMITED PAYSAFE GROUP</name>
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        <name>UNITED AUTO CREDIT SECURITIZATION TRUST</name>
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        <name>CITIGROUP MORTGAGE LOAN TRUST INC</name>
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        <name>Federal National Mortgage Association</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY DEAN WITTER CAPITAL I INC</name>
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        <name>ENTERPRISE FLEET FINANCING LLC</name>
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        <name>CAPITAL ONE MULTI-ASSET EXECUTION TRUST</name>
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        <name>MISYS LIMITED</name>
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        <name>LYB INTERNATIONAL FINANCE III, LLC</name>
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        <name>BENCHMARK MORTGAGE TRUST</name>
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        <name>INTERCONTINENTAL EXCHANGE, INC.</name>
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        <name>COUNTRYWIDE HOME LOANS INC</name>
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        <name>LS GROUP OPCO AC TL 1L B</name>
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        <name>NISSAN AUTO RECEIVABLES OWNER TRUST</name>
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        <name>GREENEDEN U.S. HOLDINGS</name>
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        <name>COMMERCEHUB INC</name>
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        <name>VENTURE CLO LIMITED</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>THE GOLDMAN SACHS GROUP, INC.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SHACKLETON CLO LTD</name>
        <lei>N/A</lei>
        <title>SHACKLETON 2015-VIII CLO LTD SHACK 2015-8A A1R</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>ABBVIE INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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      <invstOrSec>
        <name>ROPER TECHNOLOGIES, INC.</name>
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      <invstOrSec>
        <name>STRUCTURED ASSET MORTGAGE INVESTORS</name>
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        <name>ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST</name>
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        <name>HYUNDAI AUTO RECEIVABLES TRUST</name>
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        <name>SPRUCE HILL MORTGAGE LOAN TRUST</name>
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        <name>METROPOLITAN LIFE GLOBAL FUNDING I</name>
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        <name>STRYKER CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ANGEL OAK MORTGAGE TRUST</name>
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        <name>SOCIETE GENERALE SA</name>
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        <title>SOCIETE GENERALE SA COMMERCIAL PAPER (ISITC)</title>
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        <name>MVW OWNER TRUST</name>
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        <name>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST</name>
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        <name>Foundation Building Materials Holding Company LLC</name>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <name>VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC</name>
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        <name>TEXAS TRANSN COMMN CENT TEX TPK SYS REV</name>
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        <title>TEXAS ST TRANSPRTN COMMISSION CENTRAL TEXAS TURNPIKE SYSTEM</title>
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        <name>NOMURA ASSET SECURITIES CORPORATION</name>
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        <name>Mohegan Tribal 10/16 TLA</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <name>ONEMAIN FINANCE CORP</name>
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        <name>FORD CREDIT AUTO OWNER TRUST</name>
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        <name>VOLKSWAGEN GROUP OF AMERICA FINANCE, LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ANGEL OAK MORTGAGE TRUST</name>
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        <curCd>USD</curCd>
        <valUSD>147156.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.99300040</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>DT AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>DT AUTO OWNER TRUST 2021-1 DTAOT 2021-1A B</title>
        <cusip>23344GAC5</cusip>
        <identifiers>
          <isin value="US23344GAC50"/>
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        <balance>160000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>160220.99000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62000000</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>CSMC TRUST</name>
        <lei>N/A</lei>
        <title>CSMC 2021-AFC1 TRUST CSMC 2021-AFC1 A1</title>
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        <identifiers>
          <isin value="US12657LAA26"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>234965.93000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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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>TRESTLES CLO LTD</name>
        <lei>N/A</lei>
        <title>TRESTLES CLO 2017-1 LTD TREST 2017-1A A1A</title>
        <cusip>89531FAA5</cusip>
        <identifiers>
          <isin value="US89531FAA57"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5000565.00000000</valUSD>
        <pctVal>0.498298044073</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.50999840</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CONSUMER LOAN UNDERLYING BOND (CLUB) CREDIT TRUST</name>
        <lei>N/A</lei>
        <title>CONSUMER LOAN UNDERLYING BOND CLUB CREDIT TRUST 20 CLUB 2020-P1 A</title>
        <cusip>21055JAA6</cusip>
        <identifiers>
          <isin value="US21055JAA60"/>
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        <balance>188649.91000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>190004.40000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.26000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NATIONSTAR HECM LOAN TRUST</name>
        <lei>N/A</lei>
        <title>NATIONSTAR HECM LOAN TRUST 2019-2 NHLT 2019-2A A</title>
        <cusip>63862UAA6</cusip>
        <identifiers>
          <isin value="US63862UAA60"/>
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        <balance>75885.01000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>76034.83000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.27220120</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>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST</name>
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        <title>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2020- ACAR 2020-3 A</title>
        <cusip>025297AA0</cusip>
        <identifiers>
          <isin value="US025297AA07"/>
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        <balance>153968.80000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>154154.42000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2023-10-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.62000000</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>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
        <title>DOMINO'S PIZZA MASTER ISSUER LLC DPABS 2017-1A A2I</title>
        <cusip>25755TAF7</cusip>
        <identifiers>
          <isin value="US25755TAF75"/>
        </identifiers>
        <balance>3880000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3884112.80000000</valUSD>
        <pctVal>0.387045426106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2047-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.46475000</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>AMERICAN AIRLINES, INC.</name>
        <lei>N/A</lei>
        <title>AMERICAN AIRLINES, INC. 1/29/2027</title>
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        <identifiers>
          <other otherDesc="All Others" value="LX165158"/>
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        <balance>1113750.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1020350.93000000</valUSD>
        <pctVal>0.101676285117</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-29</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.87075080</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-02-28</ncom:dateSigned>
      <ncom:nameOfApplicant>SEI INSTITUTIONAL INVESTMENTS TRUST</ncom:nameOfApplicant>
      <ncom:signature>Peter Rodriguez</ncom:signature>
      <ncom:signerName>Peter Rodriguez</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
