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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MISSOURI HIGHER ED LN AUTH STUDENT LN REV</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>BA MORTGAGE SECURITIES INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MFA TRUST</name>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST</name>
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        <title>ANGEL OAK MORTGAGE TRUST 2020-2 AOMT 2020-2 A1A</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PUG LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE POOL FN MA2474</title>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>RADNOR RE/ESSENT</name>
        <lei>N/A</lei>
        <title>RADNOR RE 2019-2 LTD RMIR 2019-2 M1B</title>
        <cusip>75049TAB7</cusip>
        <identifiers>
          <isin value="US75049TAB70"/>
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        <balance>139857.89000000</balance>
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        <curCd>USD</curCd>
        <valUSD>139604.05000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>BX COMMERCIAL MORTGAGE TRUST</name>
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        <title>BX COMMERCIAL MORTGAGE TRUST 2019-XL BX 2019-XL E</title>
        <cusip>056054AH2</cusip>
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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>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.70872880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>DBCG</name>
        <lei>N/A</lei>
        <title>DBCG 2017-BBG MORTGAGE TRUST DBCG 2017-BBG C</title>
        <cusip>233062AJ7</cusip>
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          <isin value="US233062AJ76"/>
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        <balance>1100000.00000000</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>Floating</couponKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CP ATLAS BUYER, INC.</name>
        <lei>2549006ZZ07G0NDDCR36</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QUIRCH FOODS HOLDINGS, LLC</name>
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          <other otherDesc="All Others" value="LX204355"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>IVANTI SOFTWARE, INC.</name>
        <lei>N/A</lei>
        <title>IVANTI SOFTWARE, INC. 12/1/2028</title>
        <cusip>46583HAC4</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>MASTR ALTERNATIVE LOAN TR</name>
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        <title>MASTR ALTERNATIVE LOAN TRUST 2003-5 MALT 2003-5 4A1</title>
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          <isin value="US576434FF60"/>
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        <balance>759237.50000000</balance>
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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>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE-ACES FNA 2017-M13 FA</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MERRILL LYNCH MORTGAGE TRUST</name>
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        <title>MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES MLCC MLCC 2004-1 2A1</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <title>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2021-NQM3 NRZT 2021-NQM3 A1</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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      <invstOrSec>
        <name>OBX TRUST</name>
        <lei>N/A</lei>
        <title>OBX 2021-NQM2 TRUST OBX 2021-NQM2 A1</title>
        <cusip>670857AA9</cusip>
        <identifiers>
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        <name>ELARA HGV TIMESHARE</name>
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        <name>CONNECTICUT AVENUE SECURITIES</name>
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          <isin value="US78448YAK73"/>
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          <isin value="US83192CAC10"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

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        <name>PACKAGING COORDINATORS MIDCO, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>RENAISSANCE HOLDING CORP.</name>
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        <name>Government National Mortgage Association 2</name>
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        <name>PALMER SQUARE LOAN FUNDING LTD.</name>
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        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST</name>
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        <name>CQP HOLDCO LP</name>
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        <name>Go Daddy Operating Company LLC 10/22</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BLUEMOUNTAIN CLO LTD.</name>
        <lei>N/A</lei>
        <title>BLUEMOUNTAIN CLO XXIII LTD BLUEM 2018-23A C</title>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>DAE FUNDING LLC</name>
        <lei>635400SZTPQL3Y1P2C76</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
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          <isin value="US64830BAA52"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>United States of America</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <futrDeriv derivCat="FUT">
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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>
        <cusip>07384MM25</cusip>
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          <isin value="US07384MM258"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELECTRON BIDCO INC.</name>
        <lei>N/A</lei>
        <title>ELECTRON BIDCO INC. 11/1/2028</title>
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          <other otherDesc="All Others" value="LX197890"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GSR MORTGAGE LOAN TRUST</name>
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          <isin value="US36242DUL53"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>GCAT TRUST</name>
        <lei>N/A</lei>
        <title>GCAT 2021-NQM5 TRUST GCAT 2021-NQM5 A1</title>
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          <isin value="US36168KAA51"/>
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        <name>HYLAND SOFTWARE</name>
        <lei>N/A</lei>
        <title>HYLAND SOFTWARE 7/1/2024</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Government National Mortgage Association</name>
        <lei>N/A</lei>
        <title>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2015-171 IO</title>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>PACKERS HOLDINGS, LLC</name>
        <lei>N/A</lei>
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        <name>FLAGSHIP CREDIT AUTO TRUST</name>
        <lei>N/A</lei>
        <title>FLAGSHIP CREDIT AUTO TRUST 2021-2 FCAT 2021-2 B</title>
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          <isin value="US33844WAC47"/>
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        <name>HIGHTOWER HOLDING, LLC</name>
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        <name>N/A</name>
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        <name>KNOT WORLDWIDE INC., THE</name>
        <lei>N/A</lei>
        <title>KNOT WORLDWIDE INC., THE 19-Dec-2025</title>
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        <name>VS BUYER, LLC</name>
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          <couponKind>Floating</couponKind>
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        <name>MFA LLC</name>
        <lei>N/A</lei>
        <title>MFA 2021-INV1 TRUST MFRA 2021-INV1 A1</title>
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          <isin value="US552747AA55"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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

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        <name>GLOBAL SC FINANCE II SRL</name>
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        <name>QUEST SOFTWARE US HOLDINGS INC.</name>
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        <name>HOME RE LIMITED</name>
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        <name>AMUR EQUIPMENT FINANCE RECEIVABLES LLC</name>
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        <name>THORNBURG MORTGAGE SECURITIES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <name>STAR TRUST</name>
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        <name>SEQUOIA MORTGAGE TRUST</name>
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        <name>ALLEGRO CLO LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ION TRADING FINANCE LIMITED</name>
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        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <name>Federal National Mortgage Association</name>
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        <name>TRANSDIGM INC.</name>
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        <name>MILANO ACQUISITION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>PROOFPOINT INC.</name>
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        <name>PETVET CARE CENTERS, LLC</name>
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        <name>SMB PRIVATE EDUCATION LOAN TRUST</name>
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        <name>EPICOR SOFTWARE CORPORATION</name>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>CONNECTICUT AVENUE SECURITIES</name>
        <lei>N/A</lei>
        <title>FANNIE MAE CONNECTICUT AVENUE SECURITIES CAS 2014-C04 2M2</title>
        <cusip>30711XAR5</cusip>
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          <isin value="US30711XAR52"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CARLYLE GLOBAL MARKET STRATEGIES CLO LTD</name>
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      <invstOrSec>
        <name>BX COMMERCIAL MORTGAGE TRUST</name>
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        <name>ATHENAHEALTH GROUP INC.</name>
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        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <name>BW HOLDING, INC.</name>
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        <name>NOMURA ASSET SECURITIES CORPORATION</name>
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        <name>ARM MASTER TRUST, LLC</name>
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        <name>Freddie Mac</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMMC CLO LIMITED</name>
        <lei>N/A</lei>
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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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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NETSMART, INC.</name>
        <lei>N/A</lei>
        <title>NETSMART, INC. 10/1/2027</title>
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          <other otherDesc="All Others" value="LX190017"/>
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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>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST</name>
        <lei>N/A</lei>
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          <isin value="US92538LAA98"/>
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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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      <invstOrSec>
        <name>LBM ACQUISITION, LLC</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX191233"/>
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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>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>EW Scripps 12/19 Cov-Lite</name>
        <lei>N/A</lei>
        <title>EW Scripps 12/19 Cov-Lite 5/1/2026</title>
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          <other otherDesc="All Others" value="LX184553"/>
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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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        <name>BEAR STEARNS ALT-A TRUST</name>
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          <isin value="US07386HDL24"/>
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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>2033-12-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MADISON PARK FUNDING, LTD.</name>
        <lei>N/A</lei>
        <title>MADISON PARK FUNDING XVII LTD MDPK 2015-17A AR2</title>
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        <identifiers>
          <isin value="US55818YBN04"/>
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        <balance>247814.09000000</balance>
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        <curCd>USD</curCd>
        <valUSD>243112.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.27757120</annualizedRt>
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        <securityLending>
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        <name>ENVISION HEALTHCARE CORPORATION</name>
        <lei>N/A</lei>
        <title>ENVISION HEALTHCARE CORPORATION 10-Oct-2025</title>
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          <other otherDesc="All Others" value="LX175867"/>
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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>
          <annualizedRt>6.55585920</annualizedRt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>BXHPP TRUST</name>
        <lei>N/A</lei>
        <title>BXHPP TRUST 2021-FILM BXHPP 2021-FILM C</title>
        <cusip>05609JAL6</cusip>
        <identifiers>
          <isin value="US05609JAL61"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>ANGEL OAK MORTGAGE TRUST</name>
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        <title>ANGEL OAK MORTGAGE TRUST 2020-R1 AOMT 2020-R1 A1</title>
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          <isin value="US034651AA74"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>BRAVO RESIDENTIAL FUNDING TRUST</name>
        <lei>N/A</lei>
        <title>BRAVO RESIDENTIAL FUNDING TRUST 2021-NQM3 BRAVO 2021-NQM3 A1</title>
        <cusip>105690AA9</cusip>
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          <isin value="US105690AA91"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.69899840</annualizedRt>
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        <name>HPLY TRUST 2019-HIT</name>
        <lei>N/A</lei>
        <title>HPLY TRUST 2019-HIT HPLY 2019-HIT B</title>
        <cusip>40443RAG6</cusip>
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          <isin value="US40443RAG65"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.22528840</annualizedRt>
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        <name>GS MORTGAGE SECURITIES CORPORATION TRUST</name>
        <lei>N/A</lei>
        <title>GS MORTGAGE SECURITIES CORP TRUST 2021-STAR GSMS 2021-STAR B</title>
        <cusip>36264LAJ7</cusip>
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          <isin value="US36264LAJ70"/>
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        <curCd>USD</curCd>
        <valUSD>1902022.00000000</valUSD>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.27528880</annualizedRt>
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      <invstOrSec>
        <name>CHASE MORTGAGE FINANCE CORPORATION</name>
        <lei>N/A</lei>
        <title>CHASE MORTGAGE FINANCE TRUST SERIES 2007-A1 CHASE 2007-A1 7A1</title>
        <cusip>161630AU2</cusip>
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          <isin value="US161630AU28"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.72533040</annualizedRt>
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      <invstOrSec>
        <name>CONNECTICUT AVENUE SECURITIES</name>
        <lei>N/A</lei>
        <title>FANNIE MAE CONNECTICUT AVENUE SECURITIES CAS 2016-C03 2M2</title>
        <cusip>30711XCT9</cusip>
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          <isin value="US30711XCT90"/>
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        <curCd>USD</curCd>
        <valUSD>138977.81000000</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>9.91613880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>BHG SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>BHG SECURITIZATION TRUST 2022-A BHG 2022-A A</title>
        <cusip>054977AA1</cusip>
        <identifiers>
          <isin value="US054977AA12"/>
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        <balance>295142.67000000</balance>
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        <curCd>USD</curCd>
        <valUSD>275031.35000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-02-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.71000000</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>MA FINANCECO., LLC</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SCIH SALT HOLDINGS INC.</name>
        <lei>N/A</lei>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>CAPITAL ONE FINANCIAL CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>METRONET INFRASTRUCTURE ISSUER LLC</name>
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        <name>LIFE TIME, INC.</name>
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        <name>BX COMMERCIAL MORTGAGE TRUST</name>
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        <name>NAVIENT STUDENT LOAN TRUST</name>
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        <title>NAVIENT STUDENT LOAN TRUST 2021-1 NAVSL 2021-1A A1B</title>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <debtSec>
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      <invstOrSec>
        <name>ITP Aero 1/22</name>
        <lei>N/A</lei>
        <title>ITP Aero 1/22 2/10/2029</title>
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          <other otherDesc="All Others" value="LX202560"/>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>FLEXSYS HOLDINGS, INC.</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX196793"/>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <name>MH SUB I, LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Enbridge Inc.</name>
        <lei>98TPTUM4IVMFCZBCUR27</lei>
        <title>ENBRIDGE INC VARIABLE RATE 02/16/2024</title>
        <cusip>29250NBM6</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-02-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.44809520</annualizedRt>
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        <name>Freddie Mac</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FREDDIE MAC WHOLE LOAN SECURITIES TRUST 2016-SC01 FWLS 2016-SC01 M2</title>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.90484440</annualizedRt>
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        <name>BX COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BX COMMERCIAL MORTGAGE TRUST 2021-VINO BX 2021-VINO A</title>
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          <isin value="US05608KAA88"/>
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        <name>SBA TOWER TRUST</name>
        <lei>N/A</lei>
        <title>SBA TOWER TRUST 144A 6.599000% 01/15/2028</title>
        <cusip>78403DAZ3</cusip>
        <identifiers>
          <isin value="US78403DAZ33"/>
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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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        <name>XPO LOGISTICS 2/18 COV-LITE TLB</name>
        <lei>N/A</lei>
        <title>XPO LOGISTICS 2/18 COV-LITE TLB 2/24/2025</title>
        <cusip>98379EAE6</cusip>
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          <other otherDesc="All Others" value="LX171518"/>
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        <curCd>USD</curCd>
        <valUSD>665182.70000000</valUSD>
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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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          <couponKind>Floating</couponKind>
          <annualizedRt>5.59657080</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <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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          <isin value="US92922FWL83"/>
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        <balance>1471767.07000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1362876.03000000</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>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>TRANSDIGM INC.</name>
        <lei>N/A</lei>
        <title>TRANSDIGM INC. 8/22/2024</title>
        <cusip>89364MBS2</cusip>
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          <other otherDesc="All Others" value="LX185457"/>
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        <curCd>USD</curCd>
        <valUSD>642693.20000000</valUSD>
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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>2024-08-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.92413840</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY DEAN WITTER CAPITAL I INC</name>
        <lei>N/A</lei>
        <title>MORGAN STANLEY MORTGAGE LOAN TRUST 2004-5AR MSM 2004-5AR 3A1</title>
        <cusip>61748HAR2</cusip>
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          <isin value="US61748HAR21"/>
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        <balance>283093.31000000</balance>
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        <curCd>USD</curCd>
        <valUSD>261625.07000000</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>
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          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.33233280</annualizedRt>
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      <invstOrSec>
        <name>BRAVO RESIDENTIAL FUNDING TRUST</name>
        <lei>N/A</lei>
        <title>BRAVO RESIDENTIAL FUNDING TRUST 2021-NQM1 BRAVO 2021-NQM1 A1</title>
        <cusip>10569TAA6</cusip>
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          <isin value="US10569TAA60"/>
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        <balance>79986.69000000</balance>
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        <curCd>USD</curCd>
        <valUSD>66412.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.94100040</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HYLAND SOFTWARE, INC.</name>
        <lei>N/A</lei>
        <title>HYLAND SOFTWARE, INC. 7/7/2025</title>
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          <other otherDesc="All Others" value="LX193771"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-07</maturityDt>
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        <name>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST</name>
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        <title>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2020-1 AMCAR 2020-1 C</title>
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          <isin value="US03067DAF24"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ACCREDITED MORTGAGE LOAN TRUST</name>
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          <isin value="US004375CA70"/>
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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>KKR CLO LTD/LLC</name>
        <lei>N/A</lei>
        <title>KKR CLO 20 LTD KKR 20 B</title>
        <cusip>48251TAB7</cusip>
        <identifiers>
          <isin value="US48251TAB70"/>
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        <balance>636000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>617133.06000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.62914000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 2021-1 VERUS 2021-1 A1</title>
        <cusip>92537QAA9</cusip>
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          <isin value="US92537QAA94"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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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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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>INTOWN MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>INTOWN 2022-STAY MORTGAGE TRUST TOWN 2022-STAY A</title>
        <cusip>46117NAA0</cusip>
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          <isin value="US46117NAA00"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>6.28260120</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LIVE NATION ENTERTAINMENT, INC</name>
        <lei>N/A</lei>
        <title>LIVE NATION ENTERTAINMENT, INC 10/19/2026</title>
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          <other otherDesc="All Others" value="LX183282"/>
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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>FREEPORT LNG 11/21</name>
        <lei>N/A</lei>
        <title>FREEPORT LNG 11/21 11/16/2026</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX200264"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>WarnerMedia Holdings, Inc.</name>
        <lei>549300DXR29GD4N0A520</lei>
        <title>WARNERMEDIA HOLDINGS INC 144A VARIABLE RATE 03/15/2024</title>
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          <isin value="US55903VAA17"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>BAIN CAPITAL CREDIT CLO</name>
        <lei>N/A</lei>
        <title>BAIN CAPITAL CREDIT CLO 2018-1 BCC 2018-1A A1</title>
        <cusip>05683LAA4</cusip>
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          <isin value="US05683LAA44"/>
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        <balance>450000.00000000</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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        <securityLending>
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      <invstOrSec>
        <name>ELLINGTON FINANCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ELLINGTON FINANCIAL MORTGAGE TRUST 2017-1 EFMT 2021-1 A1</title>
        <cusip>31574XAA6</cusip>
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          <isin value="US31574XAA63"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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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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          <isin value="US46185JAE82"/>
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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>
        <name>CSMC TRUST</name>
        <lei>N/A</lei>
        <title>CSMC 2021-NQM3 CSMC 2021-NQM3 A1</title>
        <cusip>12660LAA7</cusip>
        <identifiers>
          <isin value="US12660LAA70"/>
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        <curCd>USD</curCd>
        <valUSD>209352.97000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LIFE MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>LIFE 2021-BMR MORTGAGE TRUST LIFE 2021-BMR D</title>
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          <isin value="US53218CAG50"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <isin value="US12656GAA40"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SPX FLOW, INC.</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX202539"/>
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        <curCd>USD</curCd>
        <valUSD>681125.22000000</valUSD>
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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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      <invstOrSec>
        <name>TRIMARAN CLO LTD.</name>
        <lei>N/A</lei>
        <title>TRIMARAN CAVU 2019-1 LTD CAVU 2019-1A D</title>
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          <isin value="US89624CAL63"/>
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        <curCd>USD</curCd>
        <valUSD>543862.80000000</valUSD>
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        <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>ELP COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ELP COMMERCIAL MORTGAGE TRUST 2021-ELP ELP 2021-ELP A</title>
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          <isin value="US26863LAA26"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>NORDSTROM, INC.</name>
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        <curCd>USD</curCd>
        <valUSD>150496.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-04-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.30000000</annualizedRt>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>OPEN TEXT 11/22</name>
        <lei>N/A</lei>
        <title>OPEN TEXT 11/22 11/16/2029</title>
        <cusip>N/A</cusip>
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          <other otherDesc="All Others" value="LX209319"/>
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        <curCd>USD</curCd>
        <valUSD>1009236.80000000</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>2029-11-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MAGNETITE CLO, LIMITED</name>
        <lei>N/A</lei>
        <title>MAGNETITE XVIII LTD MAGNE 2016-18A BR</title>
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          <isin value="US55953TAL17"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>969219.00000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SANTANDER DRIVE AUTO RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2020-2 SDART 2020-2 C</title>
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          <isin value="US80285RAF55"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>KNDL KNSQ MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>KNDL 2019-KNSQ MORTGAGE TRUST KNDL 2019-KNSQ A</title>
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          <isin value="US482598AA71"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CITIGROUP COMMERCIAL MORTGAGE TRUST</name>
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          <isin value="US17309DAJ28"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>MFA TRUST</name>
        <lei>N/A</lei>
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        <identifiers>
          <isin value="US552754AA14"/>
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          <couponKind>Floating</couponKind>
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        <name>COLT MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>COLT 2021-2R MORTGAGE LOAN TRUST COLT 2021-2R A1</title>
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        <identifiers>
          <isin value="US12656YAA55"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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      <invstOrSec>
        <name>GLS AUTO RECEIVABLES TRUST</name>
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        <title>GLS AUTO RECEIVABLES ISSUER TRUST 2021-2 GCAR 2021-2A B</title>
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          <isin value="US36261XAC92"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>CARVANA AUTO RECEIVABLES TRUST</name>
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        <title>CARVANA AUTO RECEIVABLES TRUST 2021-N2 CRVNA 2021-N2 B</title>
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          <isin value="US14686KAC18"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>ARTERA SERVICES, LLC</name>
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          <isin value="US73939VAA26"/>
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        <curCd>USD</curCd>
        <valUSD>582358.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>BLERIOT US BIDCO INC.</name>
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        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
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        <name>Blackstone Private Credit Fund</name>
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        <name>CREDIT SUISSE FIRST BOSTON CORPORATION</name>
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        <name>STRUCTURED ASSET INVESTMENT LOAN TRUST</name>
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        <name>ALLEGRO CLO LTD</name>
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        <name>GENERAL MOTORS FINANCIAL COMPANY, INC.</name>
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        <name>Deutsche Bank AG (New York Branch)</name>
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        <name>BRIGHTHOUSE FINANCIAL GLOBAL FUNDING</name>
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        <name>GOLDENTREE LOAN MANAGEMENT US CLO LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>ALIGNED DATA CENTERS</name>
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        <name>BEAR STEARNS ARM TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BX COMMERCIAL MORTGAGE TRUST</name>
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          <isin value="US056054AJ89"/>
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        <name>TRINITY RAIL LEASING LLC</name>
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        <name>TEAM HEALTH HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FIVE GUYS FUNDING LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SOCIETE GENERALE SA</name>
        <lei>O2RNE8IBXP4R0TD8PU41</lei>
        <title>SOCIETE GENERALE SA 144A VARIABLE RATE 01/21/2026</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>FR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>MADISON PARK FUNDING LLC</name>
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        <title>MADISON PARK FUNDING XLI LTD ATRM 12A DR</title>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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          <isin value="US89175JAA88"/>
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        <balance>161098.07000000</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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        <name>CONFLUENT MEDICAL TECHNOLOGIES, INC.</name>
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        <name>TAL ADVANTAGE LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>COLT MORTGAGE LOAN TRUST</name>
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        <name>CPS AUTO RECEIVABLES TRUST</name>
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        <name>BANC OF AMERICA FUNDING CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>ASHFORD HOSPITALITY TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <name>AFFIRM ASSET SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>AFFIRM ASSET SECURITIZATION TRUST 2021-Z2 AFFRM 2021-Z2 A</title>
        <cusip>00834TAA6</cusip>
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          <isin value="US00834TAA60"/>
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        <name>Avid Automobile Receivables Trust</name>
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        <name>UNITED AUTO CREDIT SECURITIZATION TRUST</name>
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        <name>FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST</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>GROUPE SOLMAX INC.</name>
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        <name>PROOFPOINT INC.</name>
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        <name>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>IMPAC CMB TRUST</name>
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        <name>Tibco Software/Citrix 9/22 2nd Lien Bridge</name>
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        <name>CONNECTICUT AVENUE SECURITIES</name>
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        <name>AVANTOR FUNDING, INC.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Government National Mortgage Association 2</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SANTANDER BANK, N.A.</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CHASE MORTGAGE FINANCE CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <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>
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          <isin value="US26833BAB99"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TRUCK HERO, INC.</name>
        <lei>N/A</lei>
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        <payoffProfile>Long</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>HUB INTERNATIONAL LIMITED</name>
        <lei>N/A</lei>
        <title>HUB INTERNATIONAL LIMITED 4/25/2025</title>
        <cusip>44332EAP1</cusip>
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          <other otherDesc="All Others" value="LX173150"/>
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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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        <name>HILTON ORLANDO TRUST</name>
        <lei>N/A</lei>
        <title>HILTON ORLANDO TRUST 2018-ORL HILT 2018-ORL B</title>
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          <isin value="US432885AG64"/>
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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>CARLYLE US CLO LTD</name>
        <lei>N/A</lei>
        <title>CARLYLE US CLO 2017-2 LTD CGMS 2017-2A A1R</title>
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          <isin value="US14315JAQ22"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.29256880</annualizedRt>
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      <invstOrSec>
        <name>LEARNING CARE GROUP (US) NO. 2 INC.</name>
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          <other otherDesc="All Others" value="LX171794"/>
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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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      <invstOrSec>
        <name>PALMER SQUARE LOAN FUNDING LTD.</name>
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        <title>PALMER SQUARE LOAN FUNDING 2021-4 LTD PSTAT 2021-4A A1</title>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>KNDL KNSQ MORTGAGE TRUST</name>
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        <title>KNDL 2019-KNSQ MORTGAGE TRUST KNDL 2019-KNSQ E</title>
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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 LTD BMIR 2021-2A M1A</title>
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          <isin value="US07876AAA16"/>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CULLIGAN 7/21 COV-LITE</name>
        <lei>N/A</lei>
        <title>CULLIGAN 7/21 COV-LITE 7/31/2028</title>
        <cusip>00132UAG9</cusip>
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          <other otherDesc="All Others" value="LX195536"/>
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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>
          <maturityDt>2028-07-31</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.54386840</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MACQUARIE GROUP LIMITED</name>
        <lei>ACMHD8HWFMFUIQQ8Y590</lei>
        <title>MACQUARIE GROUP LTD MTN VARIABLE RATE 10/14/2025</title>
        <cusip>55608JBB3</cusip>
        <identifiers>
          <isin value="US55608JBB35"/>
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        <balance>300000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>291258.09000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-10-14</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>DYNASTY ACQUISITION CO., INC.</name>
        <lei>N/A</lei>
        <title>DYNASTY ACQUISITION CO., INC. 4/6/2026</title>
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          <other otherDesc="All Others" value="LX185730"/>
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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>
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          <couponKind>Floating</couponKind>
          <annualizedRt>7.25385960</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MILL CITY MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>MILL CITY MORTGAGE LOAN TRUST 2017-3 MCMLT 2017-3 A1</title>
        <cusip>59980CAA1</cusip>
        <identifiers>
          <isin value="US59980CAA18"/>
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        <balance>108465.04000000</balance>
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        <curCd>USD</curCd>
        <valUSD>104536.43000000</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>2061-01-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>INVITATION HOMES TRUST</name>
        <lei>N/A</lei>
        <title>INVITATION HOMES 2018-SFR1 TRUST IHSFR 2018-SFR1 B</title>
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          <isin value="US46185JAC27"/>
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        <balance>1499784.89000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1468215.47000000</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>
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          <maturityDt>2037-03-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.85399880</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>ALLEGRO CLO LTD</name>
        <lei>N/A</lei>
        <title>ALLEGRO CLO VII LTD ALLEG 2018-1A D</title>
        <cusip>01750CAJ2</cusip>
        <identifiers>
          <isin value="US01750CAJ27"/>
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        <balance>400000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>355371.20000000</valUSD>
        <pctVal>0.061115570218</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-13</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.92913960</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>MADISON PARK FUNDING, LTD.</name>
        <lei>N/A</lei>
        <title>MADISON PARK FUNDING XIX LTD MDPK 2015-19A A2R2</title>
        <cusip>55819QBA4</cusip>
        <identifiers>
          <isin value="US55819QBA40"/>
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        <balance>600000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>584827.20000000</valUSD>
        <pctVal>0.100576658455</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.82456960</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>UNITED RENTALS (NORTH AMERICA), INC.</name>
        <lei>NGIZXNT70J2LYT3FBI09</lei>
        <title>UNITED RENTALS NORTH AMERICA INC 144A 6.000000% 12/15/2029</title>
        <cusip>911365BQ6</cusip>
        <identifiers>
          <isin value="US911365BQ63"/>
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        <balance>390000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>391950.00000000</valUSD>
        <pctVal>0.067406271940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</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>COMM MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2015-CCRE23 MORTGAGE TRUST COMM 2015-CR23 C</title>
        <cusip>12593ABE4</cusip>
        <identifiers>
          <isin value="US12593ABE47"/>
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        <balance>500000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>460001.80000000</valUSD>
        <pctVal>0.079109596693</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>2048-05-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.42458000</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>R1 RCM 5/22 TLB</name>
        <lei>N/A</lei>
        <title>R1 RCM 5/22 TLB 6/21/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX204453"/>
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        <balance>570184.66000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>559733.18000000</valUSD>
        <pctVal>0.096261071425</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.72872040</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>SOUND POINT CLO</name>
        <lei>N/A</lei>
        <title>SOUND POINT CLO XXIII SNDPT 2019-2A X</title>
        <cusip>83614BAN9</cusip>
        <identifiers>
          <isin value="US83614BAN91"/>
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        <balance>800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>797381.60000000</valUSD>
        <pctVal>0.137131065110</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.21199920</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>RADNOR RE/ESSENT</name>
        <lei>N/A</lei>
        <title>RADNOR RE 2020-1 LTD RMIR 2020-1 M1A</title>
        <cusip>750493AA6</cusip>
        <identifiers>
          <isin value="US750493AA69"/>
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        <balance>943674.27000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>941869.40000000</valUSD>
        <pctVal>0.161979601757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.99357080</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
        <lei>N/A</lei>
        <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>278543.18000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>257449.22000000</valUSD>
        <pctVal>0.044275270147</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>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.83368240</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>VIASAT, INC.</name>
        <lei>N/A</lei>
        <title>VIASAT, INC. 3/2/2029</title>
        <cusip>92555WAD7</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX202864"/>
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        <balance>846662.50000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>820559.90000000</valUSD>
        <pctVal>0.141117192914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-02</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.34320160</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>WMRK COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>WMRK COMMERCIAL MORTGAGE TRUST 2022-WMRK WMRK 2022-WMRK A</title>
        <cusip>929342AA1</cusip>
        <identifiers>
          <isin value="US929342AA13"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>994981.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.28899840</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>WINGSTOP FUNDING</name>
        <lei>N/A</lei>
        <title>WINGSTOP FUNDING LLC WSTOP 2020-1A A2</title>
        <cusip>974153AB4</cusip>
        <identifiers>
          <isin value="US974153AB40"/>
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        <balance>694750.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>591311.45000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.84100000</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>AFFIRM ASSET SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>AFFIRM ASSET SECURITIZATION TRUST 2020-Z1 AFFRM 2020-Z1 A</title>
        <cusip>00832PAA6</cusip>
        <identifiers>
          <isin value="US00832PAA66"/>
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        <balance>16897.12000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16735.12000000</valUSD>
        <pctVal>0.002878050898</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>2024-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.46000000</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>MSCCG TRUST</name>
        <lei>N/A</lei>
        <title>MSCG TRUST 2018-SELF MSCCG 2018-SELF A</title>
        <cusip>55358PAA4</cusip>
        <identifiers>
          <isin value="US55358PAA49"/>
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        <balance>1329683.21000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1295447.32000000</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>2037-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.77299880</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>FREDDIE MAC STACR REMIC TRUST</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOT STACR 2021-DNA2 M1</title>
        <cusip>35564KCU1</cusip>
        <identifiers>
          <isin value="US35564KCU16"/>
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        <balance>342466.04000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>341448.92000000</valUSD>
        <pctVal>0.058721262292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-08-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.32079920</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>SANTANDER DRIVE AUTO RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>SANTANDER DRIVE AUTO RECEIVABLES TRUST 2021-2 SDART 2021-2 B</title>
        <cusip>80286XAD6</cusip>
        <identifiers>
          <isin value="US80286XAD66"/>
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        <balance>68451.87000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>68144.54000000</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>2025-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0.59000000</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>CONNECTICUT AVENUE SECURITIES</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES TRUST 2022-R04 CAS 2022-R04 1M1</title>
        <cusip>20753YCH3</cusip>
        <identifiers>
          <isin value="US20753YCH36"/>
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        <balance>815724.08000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>805548.57000000</valUSD>
        <pctVal>0.138535593751</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.52080160</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MARLETTE FUNDING TRUST</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AADVANTAGE LOYALITY IP LTD.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SABRE TLB NEW</name>
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          <other otherDesc="All Others" value="LX196146"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>WCG PURCHASER CORP.</name>
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          <other otherDesc="All Others" value="LX184508"/>
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        <payoffProfile>Long</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>ENERGIZER HOLDINGS</name>
        <lei>N/A</lei>
        <title>ENERGIZER HOLDINGS 22-Dec-2027</title>
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          <other otherDesc="All Others" value="LX191388"/>
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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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        <name>BA MORTGAGE SECURITIES INCORPORATED</name>
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        <identifiers>
          <isin value="US05949ADF49"/>
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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>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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          <isin value="US9292276K70"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.80400480</annualizedRt>
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        <name>CEDAR FUNDING LTD</name>
        <lei>N/A</lei>
        <title>CEDAR FUNDING X CLO LTD CEDF 2019-10A CR</title>
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        <identifiers>
          <isin value="US15033XAN66"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BANC OF AMERICA FUNDING CORPORATION</name>
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        <identifiers>
          <isin value="US05946XYZ04"/>
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        <balance>28790.40000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Sycamore/Sanderson Farms 9/21</name>
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          <other otherDesc="All Others" value="LX198165"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MASTR ADJUSTABLE RATE MORTGAGE TRUST</name>
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          <isin value="US576433A715"/>
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          <couponKind>Floating</couponKind>
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        <name>UNIVERSITY SUPPORT SERVICES LLC</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>VISTRA OPERATIONS COMPANY LLC</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX173577"/>
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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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        <title>FANNIE MAE POOL FN 372390</title>
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          <isin value="US31377BUP83"/>
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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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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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        <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>
        <identifiers>
          <isin value="US07384MQ887"/>
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        <balance>623852.67000000</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>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.31419240</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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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>
        <identifiers>
          <isin value="US64828FCQ37"/>
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        <balance>1976573.30000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1892731.21000000</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>
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      <invstOrSec>
        <name>SABRE GLBL INC.</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2024-02-22</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TMK HAWK PARENT, CORP.</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-05-30</maturityDt>
          <couponKind>Floating</couponKind>
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        <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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        <balance>339224.48000000</balance>
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        <curCd>USD</curCd>
        <valUSD>338777.45000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-10-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.86613880</annualizedRt>
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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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        <curCd>USD</curCd>
        <valUSD>587013.19000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CONNECTICUT AVENUE SECURITIES</name>
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        <title>CONNECTICUT AVENUE SECURITIES TRUST 2021-R01 CAS 2021-R01 1M1</title>
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          <isin value="US20754RAA41"/>
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        <balance>227725.08000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2041-10-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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        <name>AFFIRM ASSET SECURITIZATION TRUST</name>
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          <isin value="US00834HAA23"/>
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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>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>GSR MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>GSR MORTGAGE LOAN TRUST 2005-AR2 GSR 2005-AR2 1A2</title>
        <cusip>36242DH55</cusip>
        <identifiers>
          <isin value="US36242DH559"/>
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        <balance>160953.26000000</balance>
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        <curCd>USD</curCd>
        <valUSD>144907.96000000</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>2035-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.19354560</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BX COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BX COMMERCIAL MORTGAGE TRUST 2021-VOLT BX 2021-VOLT A</title>
        <cusip>05609VAA3</cusip>
        <identifiers>
          <isin value="US05609VAA35"/>
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        <balance>195000.00000000</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>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>4.57529040</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <title>FREDDIE MAC STACR REMIC TRUST 2021-HQA3 STACR 2021-HQA3 M1</title>
        <cusip>35564KJG5</cusip>
        <identifiers>
          <isin value="US35564KJG58"/>
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        <curCd>USD</curCd>
        <valUSD>2127727.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-09-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.37079960</annualizedRt>
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        <name>MF1 LTD</name>
        <lei>N/A</lei>
        <title>MF1 2022-FL8 LTD MF1 2022-FL8 A</title>
        <cusip>55284JAA7</cusip>
        <identifiers>
          <isin value="US55284JAA79"/>
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        <balance>250000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>AMERICAN CREDIT ACCEPTANCE RECEIVABLES TRUST 2021- ACAR 2021-3 B</title>
        <cusip>025286AB1</cusip>
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          <isin value="US025286AB17"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>BRAVO RESIDENTIAL FUNDING TRUST</name>
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        <title>BRAVO RESIDENTIAL FUNDING TRUST 2021-HE1 BRAVO 2021-HE1 A1</title>
        <cusip>10569QAA2</cusip>
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          <isin value="US10569QAA22"/>
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        <curCd>USD</curCd>
        <valUSD>1920729.59000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>4.29687000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>PointClickCare 2/22 Incremental</name>
        <lei>N/A</lei>
        <title>PointClickCare 2/22 Incremental 29-Dec-2027</title>
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          <other otherDesc="All Others" value="LX202896"/>
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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>3</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>7.55319960</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>FOCUS FINANCIAL PARTNERS, LLC</name>
        <lei>N/A</lei>
        <title>FOCUS FINANCIAL PARTNERS, LLC 6/30/2028</title>
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          <other otherDesc="All Others" value="LX195845"/>
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        <curCd>USD</curCd>
        <valUSD>572876.10000000</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>2028-06-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.25385880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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        <name>SABRE TLB</name>
        <lei>N/A</lei>
        <title>SABRE TLB 12/17/2027</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX196145"/>
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        <balance>30049.95000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>27664.89000000</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>2027-12-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.26371040</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>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>EXETER AUTOMOBILE RECEIVABLES TRUST 2018-3 EART 2018-3A D</title>
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          <isin value="US30166PAG63"/>
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        <balance>33165.54000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33107.03000000</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>2024-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.35000000</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>COMM MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2014-UBS6 MORTGAGE TRUST COMM 2014-UBS6 B</title>
        <cusip>12592PBJ1</cusip>
        <identifiers>
          <isin value="US12592PBJ12"/>
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        <balance>400000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>371808.28000000</valUSD>
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        <name>UNIVISION COMMUNICATIONS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>Ultra Electronics 11/21 (USD) TL</name>
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        <name>Pike 1/21 Incremental</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>PFS FINANCING CORP.</name>
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        <name>TEAM HEALTH HOLDINGS INC.</name>
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        <name>VISIO TRUST</name>
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        <name>FIRST INVESTORS AUTO OWNER TRUST</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST</name>
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        <name>SRS DISTRIBUTION INC.</name>
        <lei>N/A</lei>
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        <name>TRANS UNION LLC</name>
        <lei>N/A</lei>
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        <name>DENALI CAPITAL CLO LTD.</name>
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        <name>ATHENAHEALTH GROUP INC.</name>
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        <name>VOYA CLO</name>
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        <name>TRAVERSE MIDSTREAM PARTNERS LLC</name>
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        <name>COLT MORTGAGE LOAN TRUST</name>
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      <invstOrSec>
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        <name>MISSISSIPPI POWER COMPANY</name>
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        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <name>J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST</name>
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        <name>DBGS MORTGAGE TRUST</name>
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        <name>OAKTOWN RE LTD</name>
        <lei>N/A</lei>
        <title>OAKTOWN RE VII LTD OMIR 2021-2 M1A</title>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>COMM MORTGAGE TRUST</name>
        <lei>N/A</lei>
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        <name>CCC Information 9/21 Cov-Lite TLB</name>
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        <name>INVITATION HOMES TRUST</name>
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        <name>SEI Daily Income Trust: Government Fund; Class F Shares</name>
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        <name>CITIGROUP COMMERCIAL MORTGAGE TRUST</name>
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          <isin value="US89173FAA84"/>
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        <name>KENTUCKY HIGHER ED STUDENT LN CORP STUDENT LN REV</name>
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        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <name>PREGIS TOPCO LLC</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>SEQUOIA MORTGAGE TRUST</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>KKR FINANCIAL CLO, LTD.</name>
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        <name>CLUBCORP HOLDINGS INC.</name>
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        <name>ARI FLEET LEASE TRUST</name>
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        <name>MORGAN STANLEY DEAN WITTER CAPITAL I INC</name>
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        <name>CREDIT SUISSE FIRST BOSTON CORPORATION</name>
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        <name>VIRGIN MEDIA BRISTOL LLC</name>
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        <name>PHOENIX NEWCO, INC.</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <name>TUTOR PERINI</name>
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        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <name>CONNECTICUT AVENUE SECURITIES</name>
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        <name>SOPHIA, L.P.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>SEQUOIA MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BEAR STEARNS ALT-A TRUST</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.53873520</annualizedRt>
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      <invstOrSec>
        <name>OPG TRUST</name>
        <lei>N/A</lei>
        <title>OPG TRUST 2021-PORT OPG 2021-PORT D</title>
        <cusip>67118AAL9</cusip>
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          <isin value="US67118AAL98"/>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>OBX TRUST</name>
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        <name>NAVIENT PRIVATE EDUCATION LOAN TRUST</name>
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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>Fixed</couponKind>
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        <name>LAD AUTO RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>LAD AUTO RECEIVABLES TRUST 2021-1 LADAR 2021-1A A</title>
        <cusip>501683AA4</cusip>
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        <balance>223996.95000000</balance>
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        <curCd>USD</curCd>
        <valUSD>216882.25000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>CLEAN HARBORS TL 1L B</name>
        <lei>N/A</lei>
        <title>CLEAN HARBORS TL 1L B 9/21/2028</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX198242"/>
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        <balance>1115000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1108733.70000000</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>2028-09-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.08699920</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GLOBAL IID PARENT LLC</name>
        <lei>N/A</lei>
        <title>GLOBAL IID PARENT LLC 16-Dec-2028</title>
        <cusip>37960YAC9</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX201029"/>
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        <balance>829797.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>784159.08000000</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>2028-12-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.17413840</annualizedRt>
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      <invstOrSec>
        <name>J.P. MORGAN MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>JP MORGAN MORTGAGE TRUST 2007-A1 JPMMT 2007-A1 5A2</title>
        <cusip>46630GAS4</cusip>
        <identifiers>
          <isin value="US46630GAS49"/>
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        <balance>299694.96000000</balance>
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        <curCd>USD</curCd>
        <valUSD>288239.06000000</valUSD>
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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>TK ELEVATOR MIDCO GMBH</name>
        <lei>N/A</lei>
        <title>TK ELEVATOR MIDCO GMBH 7/30/2027</title>
        <cusip>D9000BAD4</cusip>
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          <other otherDesc="All Others" value="LX196018"/>
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        <balance>80430.72000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77012.41000000</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>
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          <couponKind>Floating</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>BAXTER INTERNATIONAL INC.</name>
        <lei>J5OIVXX3P24RJRW5CK77</lei>
        <title>BAXTER INTERNATIONAL INC 144A VARIABLE RATE 11/29/2024</title>
        <cusip>071813CZ0</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>THE CHEMOURS COMPANY</name>
        <lei>549300M1BOLNXL8DOV14</lei>
        <title>CHEMOURS CO/THE 144A 4.625000% 11/15/2029</title>
        <cusip>163851AH1</cusip>
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          <isin value="US163851AH15"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>515200.00000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.62500000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2021-SJ2 TPMT 2021-SJ2 A1A</title>
        <cusip>89180LAA6</cusip>
        <identifiers>
          <isin value="US89180LAA61"/>
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        <balance>1325933.46000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1214968.08000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.25000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
        <lei>N/A</lei>
        <title>MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES MLMI MLMI 2005-A2 A3</title>
        <cusip>59020USK2</cusip>
        <identifiers>
          <isin value="US59020USK24"/>
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        <balance>375174.73000000</balance>
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        <curCd>USD</curCd>
        <valUSD>335110.50000000</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>
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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>COMM MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2014-CCRE15 MORTGAGE TRUST COMM 2014-CR15 D</title>
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          <isin value="US12591RAE09"/>
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        <balance>700000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>662356.80000000</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>2047-02-10</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.81833720</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>CARMAX AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>CARMAX AUTO OWNER TRUST 2021-3 CARMX 2021-3 A2A</title>
        <cusip>14317DAB6</cusip>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COUNTRYWIDE HOME LOANS INC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2019-06-25</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>ICON PUBLIC LIMITED COMPANY</name>
        <lei>N/A</lei>
        <title>ICON PUBLIC LIMITED COMPANY 7/3/2028</title>
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          <other otherDesc="All Others" value="LX195815"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>MOTUS GROUP, LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST</name>
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          <isin value="US863579PF99"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>MELLON RESIDENTIAL FUNDING CORPORATION</name>
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          <isin value="US585525DF22"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ARROYO MORTGAGE TRUST</name>
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        <title>ARROYO MORTGAGE TRUST 2019-3 ARRW 2019-3 A1</title>
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          <isin value="US04285AAA34"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>COLD STORAGE TRUST</name>
        <lei>N/A</lei>
        <title>COLD STORAGE TRUST 2020-ICE5 COLD 2020-ICE5 D</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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        <name>ENSEMBLE RCM, LLC</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX181745"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>HYPERION INSURANCE/HOWDEN 2/21 COV-LITE TLB</name>
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        <title>HYPERION INSURANCE/HOWDEN 2/21 COV-LITE TLB 12-Nov-2027</title>
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        <name>SHARP MIDCO LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>SOPHIA, L.P.</name>
        <lei>N/A</lei>
        <title>SOPHIA, L.P. 10/7/2027</title>
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          <other otherDesc="All Others" value="LX203314"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>MORTGAGEIT TRUST</name>
        <lei>N/A</lei>
        <title>MORTGAGEIT TRUST 2005-1 MHL 2005-1 2A</title>
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        <curCd>USD</curCd>
        <valUSD>212248.35000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>GSK CONSUMER HEALTHCARE CAPITAL US LLC</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>Floating</couponKind>
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        <securityLending>
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        <name>Golden Entertainment 8/17 TL</name>
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        <name>HILTON WORLDWIDE FINANCE LLC</name>
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        <name>DTI HOLDCO, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Covanta 11/21 TLB</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>ELANCO ANIMAL HEALTH INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>PACIFIC GAS AND ELECTRIC COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>Greatbatch/Integer 8/21 Cov-Lite TLB</name>
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        <name>ACE SECURITIES CORP HOME EQUITY LOAN TRUST</name>
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        <title>ACE SECURITIES CORP HOME EQUITY LOAN TRUST SERIES ACE 2005-SD1 M2</title>
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          <isin value="US004421KL63"/>
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          <couponKind>Floating</couponKind>
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        <name>BLUEMOUNTAIN FUJI US CLO LTD</name>
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        <title>BLUEMOUNTAIN FUJI US CLO II LTD BLUEM 2017-2A C</title>
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          <isin value="US09629EAJ01"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>ELLINGTON FINANCIAL MORTGAGE TRUST</name>
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        <title>ELLINGTON FINANCIAL MORTGAGE TRUST 2019-2 EFMT 2019-2 A2</title>
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          <couponKind>Floating</couponKind>
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        <name>ASURION, LLC</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX191415"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>SkyMiles IP Ltd.</name>
        <lei>2549008L7P4I8VB90936</lei>
        <title>DELTA AIR LINES INC / SKYMILES IP LTD 144A 4.500000% 10/20/2025</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4.50000000</annualizedRt>
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        <name>OXFORD FINANCE FUNDING LLC</name>
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        <name>EXTENET SYSTEMS</name>
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        <name>EQUINOX FITNESS CLUBS</name>
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        <name>VERUS SECURITIZATION TRUST</name>
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        <name>ATHENE GLOBAL FUNDING</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BEACON CONTAINER FINANCE LLC</name>
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        <name>NAVIENT PRIVATE EDUCATION LOAN TRUST</name>
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      <invstOrSec>
        <name>ESDEC SOLAR GROUP B.V.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>KODIAK BP, LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>TIBCO SOFTWARE INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>TRANSDIGM INC.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>VERUS SECURITIZATION TRUST</name>
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        <title>VERUS SECURITIZATION TRUST 2021-4 VERUS 2021-4 A2</title>
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        <name>TIF FUNDING II LLC</name>
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        <name>AIR MEDICAL GROUP HOLDINGS INC.</name>
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        <name>IVANTI SOFTWARE, INC.</name>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <name>ALTERRA MOUNTAIN COMPANY</name>
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        <name>LENDBUZZ SECURITIZATION TRUST</name>
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        <title>CORPORATE CMO LENDBUZZ SECURITISATION TRUST</title>
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        <name>SCF EQUIPMENT LEASING LLC</name>
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        <title>SCF EQUIPMENT LEASING 2022-1 LLC SCFET 2022-1A A2</title>
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        <name>Belron 10/19 (USD) TLB</name>
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        <name>WELLS FARGO MORTGAGE BACKED SECURITIES TRUST</name>
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        <name>Federal National Mortgage Association</name>
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        <name>SPECIALTY BUILDING PRODUCTS HOLDINGS, LLC</name>
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        <name>MOUNTAIN VIEW CLO LTD</name>
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        <name>M6 Midstream 8/22</name>
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        <name>RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <name>Government National Mortgage Association 2</name>
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        <name>CATALENT PHARMA TL B3</name>
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        <name>IMPRIVATA, INC.</name>
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        <name>HILTON DOMESTIC OPERATING COMPANY INC.</name>
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        <issuerCat>CORP</issuerCat>
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        <name>CHASE AUTO CREDIT LINKED NOTES</name>
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        <name>RADIAN GUARANTY INC AND EAGLE RE LTD</name>
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        <name>VOYA CLO</name>
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        <name>Service Logic 10/20 Delayed TL</name>
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        <name>TCI-FLATIRON CLO LTD</name>
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        <name>ZAYO GROUP HOLDINGS, INC.</name>
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        <name>AVERY POINT CLO, LIMITED</name>
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        <name>J.P. MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST</name>
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      <invstOrSec>
        <name>VELOCITY COMMERCIAL CAPITAL LOAN TRUST</name>
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        <name>ATALAYA EQUIPMENT LEASING TRUST LLC.</name>
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        <name>CROSSROADS ASSET TRUST</name>
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        <name>MATRIX PARENT INC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BELLEMEADE RE LTD.</name>
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        <name>WASHINGTON MUTUAL MSC MORTGAGE CORP</name>
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        <name>VERDE CDO</name>
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        <name>RENAISSANCE HOLDING CORP.</name>
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        <name>FREEPORT LNG 11/21</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST</name>
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        <name>ANGEL OAK MORTGAGE TRUST</name>
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        <name>Federal National Mortgage Association</name>
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        <name>CARLYLE GLOBAL MARKET STRATEGIES CLO LTD</name>
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        <name>Federal National Mortgage Association</name>
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        <name>LA BANQUE TORONTO-DOMINION</name>
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        <name>NEUBERGER BERMAN CLO LTD</name>
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        <name>COREVEST AMERICAN FINANCE</name>
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        <name>N/A</name>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>RADNOR RE/ESSENT</name>
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      <invstOrSec>
        <name>CAESARS RESORT COLLECTION LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>TRICON AMERICAN HOMES TRUST</name>
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          <isin value="US89613FAE88"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <isin value="US10569EAA91"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TITAN ACQUISITION LIMITED</name>
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          <other otherDesc="All Others" value="LX172192"/>
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        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FCG ACQUISITIONS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>BERRY GLOBAL,INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>PACIFIC GAS AND ELECTRIC COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SCF EQUIPMENT LEASING LLC</name>
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        <title>SCF EQUIPMENT LEASING 2021-1 LLC SCFET 2021-1A A2</title>
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        <isRestrictedSec>Y</isRestrictedSec>

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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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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>CONNECTICUT AVENUE SECURITIES</name>
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        <title>CONNECTICUT AVENUE SECURITIES TRUST 2022-R07 CAS 2022-R07 1M1</title>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>LIVE NATION ENTERTAINMENT, INC.</name>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE POOL FN 820598</title>
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        <issuerCat>USGA</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>KENTUCKY HIGHER ED STUDENT LN CORP STUDENT LN REV</name>
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        <title>KENTUCKY HIGHER EDUCATION STUDENT LOAN CORP KHESL 2021-1 A1B</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      </invstOrSec>
      <invstOrSec>
        <name>STRUCTURED ASSET MORTGAGE INVESTORS</name>
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        <title>BEAR STEARNS ARM TRUST 2004-5 BSARM 2004-5 2A</title>
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        <curCd>USD</curCd>
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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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      <invstOrSec>
        <name>ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST</name>
        <lei>N/A</lei>
        <title>ARIVO ACCEPTANCE AUTO LOAN RECEIVABLES TRUST 2021- ARIVO 2021-1A A</title>
        <cusip>04047AAA2</cusip>
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          <isin value="US04047AAA25"/>
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        <balance>315956.71000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <securityLending>
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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 A1M</title>
        <cusip>64828FCS9</cusip>
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          <isin value="US64828FCS92"/>
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        <balance>1222370.72000000</balance>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-01-25</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>GCAT TRUST</name>
        <lei>N/A</lei>
        <title>GCAT 2021-NQM1 TRUST GCAT 2021-NQM1 A1</title>
        <cusip>36167TAA7</cusip>
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          <isin value="US36167TAA79"/>
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        <balance>837375.44000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2066-01-25</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOLLEY INC.</name>
        <lei>N/A</lei>
        <title>HOLLEY INC. 11/17/2028</title>
        <cusip>43538JAC3</cusip>
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          <other otherDesc="All Others" value="LX200091"/>
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        <curCd>USD</curCd>
        <valUSD>88.91000000</valUSD>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-17</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ANGEL OAK MORTGAGE TRUST I LLC 2019-1 AOMT 2019-1 A1</title>
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          <isin value="US03464MAA27"/>
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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>
        <debtSec>
          <maturityDt>2048-11-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.92000040</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>NATWEST MARKETS PLC</name>
        <lei>RR3QWICWWIPCS8A4S074</lei>
        <title>NATWEST MARKETS PLC 144A VARIABLE RATE 08/12/2024</title>
        <cusip>63906YAC2</cusip>
        <identifiers>
          <isin value="US63906YAC21"/>
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        <balance>340000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>334588.56000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-08-12</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.34698200</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>GS MORTGAGE-BACKED SECURITIES TRUST</name>
        <lei>N/A</lei>
        <title>GS MORTGAGE-BACKED SECURITIES CORP TRUST 2021-NQM1 GSMBS 2021-NQM1 A2</title>
        <cusip>36262EAB2</cusip>
        <identifiers>
          <isin value="US36262EAB20"/>
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        <balance>846554.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>693683.79000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.27500120</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>VERUS SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 2021-2 VERUS 2021-2 A1</title>
        <cusip>92538FAA2</cusip>
        <identifiers>
          <isin value="US92538FAA21"/>
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        <balance>111243.78000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>91875.34000000</valUSD>
        <pctVal>0.015800418810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.03100040</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>READYCAP LENDING SMALL BUSINESS LOAN TRUST</name>
        <lei>N/A</lei>
        <title>READYCAP LENDING SMALL BUSINESS LOAN TRUST 2019-2 RCLT 2019-2 A</title>
        <cusip>75576QAA6</cusip>
        <identifiers>
          <isin value="US75576QAA67"/>
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        <balance>384056.93000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>364266.44000000</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>2044-12-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.50000160</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>
        <name>APIDOS CLO</name>
        <lei>N/A</lei>
        <title>APIDOS CLO XV APID 2013-15A A1RR</title>
        <cusip>03764QBC5</cusip>
        <identifiers>
          <isin value="US03764QBC50"/>
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        <balance>410000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>404380.95000000</valUSD>
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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>2031-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.25256920</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>TOWD POINT MORTGAGE TRUST 2017-4 TPMT 2017-4 A1</title>
        <cusip>89173UAA5</cusip>
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          <isin value="US89173UAA51"/>
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        <balance>732487.91000000</balance>
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        <curCd>USD</curCd>
        <valUSD>692209.86000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2057-06-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.75000040</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>STATION CASINOS LLC</name>
        <lei>N/A</lei>
        <title>STATION CASINOS LLC 2/8/2027</title>
        <cusip>85769EAZ4</cusip>
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          <other otherDesc="All Others" value="LX185455"/>
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        <balance>1367010.78000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1334544.27000000</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>2027-02-08</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.00999840</annualizedRt>
          <isDefault>N</isDefault>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IRB HOLDING CORP.</name>
        <lei>N/A</lei>
        <title>IRB HOLDING CORP. 15-Dec-2027</title>
        <cusip>44988LAH0</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX202391"/>
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        <curCd>USD</curCd>
        <valUSD>1769102.66000000</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>2027-12-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.89387040</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>QORVO, INC.</name>
        <lei>254900YAUJV2EUEVBR11</lei>
        <title>QORVO INC 144A 1.750000% 12/15/2024</title>
        <cusip>74739DAA2</cusip>
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          <isin value="US74739DAA28"/>
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        <balance>148000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>135635.34000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-12-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Aristocrat Leisure 5/22 TLB</name>
        <lei>N/A</lei>
        <title>Aristocrat Leisure 5/22 TLB 5/24/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX204425"/>
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        <balance>320000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>318800.00000000</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>2029-05-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.90320080</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>BFLD TRUST</name>
        <lei>N/A</lei>
        <title>BFLD TRUST 2020-OBRK BFLD 2020-OBRK A</title>
        <cusip>05553JAA6</cusip>
        <identifiers>
          <isin value="US05553JAA60"/>
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        <balance>240000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>236685.72000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.92499880</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>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <cusip>92922FTW8</cusip>
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          <isin value="US92922FTW85"/>
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        <curCd>USD</curCd>
        <valUSD>60966.25000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELLEMEADE RE LTD.</name>
        <lei>N/A</lei>
        <title>BELLEMEADE RE 2021-3 LTD BMIR 2021-3A M1A</title>
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          <isin value="US078777AB53"/>
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        <balance>887019.73000000</balance>
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        <curCd>USD</curCd>
        <valUSD>874507.07000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-09-25</maturityDt>
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          <annualizedRt>4.54686840</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>ARAMARK INTERMEDIATE HOLDCO CORPORATION</name>
        <lei>N/A</lei>
        <title>ARAMARK INTERMEDIATE HOLDCO CORPORATION 3/11/2025</title>
        <cusip>03852JAL5</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX173878"/>
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        <balance>1409631.48000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1386132.92000000</valUSD>
        <pctVal>0.238382580817</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2025-03-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.50386000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MHP COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>MHP 2021-STOR MHP 2021-STOR A</title>
        <cusip>55293BAB1</cusip>
        <identifiers>
          <isin value="US55293BAB18"/>
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        <balance>105000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>100393.07000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.57499880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BELLEMEADE RE LTD.</name>
        <lei>N/A</lei>
        <title>BELLEMEADE RE LTD BMIR 2021-1A M1A</title>
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          <isin value="US07876MAA53"/>
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        <balance>261020.97000000</balance>
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        <curCd>USD</curCd>
        <valUSD>259234.62000000</valUSD>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>BM</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.29687080</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>COLT MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>COLT 2021-1 MORTGAGE LOAN TRUST COLT 2021-1 A1</title>
        <cusip>19688EAA6</cusip>
        <identifiers>
          <isin value="US19688EAA64"/>
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        <balance>128053.27000000</balance>
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        <valUSD>104310.44000000</valUSD>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>0.91000080</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST</name>
        <lei>N/A</lei>
        <title>VERUS SECURITIZATION TRUST 2022-5 VERUS 2022-5 A1</title>
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        <identifiers>
          <isin value="US924921AA70"/>
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        <balance>723960.66000000</balance>
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        <curCd>USD</curCd>
        <valUSD>652262.13000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2067-04-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</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>JPMORGAN CHASE &amp; CO.</name>
        <lei>8I5DZWZKVSZI1NUHU748</lei>
        <title>JPMORGAN CHASE &amp; CO VARIABLE RATE 04/22/2027</title>
        <cusip>46647PCF1</cusip>
        <identifiers>
          <isin value="US46647PCF18"/>
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        <balance>475000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>461677.68000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.93499440</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>ANGEL OAK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ANGEL OAK MORTGAGE TRUST I LLC 2019-4 AOMT 2019-4 A1</title>
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          <isin value="US03463UAA51"/>
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        <curCd>USD</curCd>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-07-26</maturityDt>
          <couponKind>Floating</couponKind>
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          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FREED ABS TRUST</name>
        <lei>N/A</lei>
        <title>FREED ABS TRUST 2022-1FP FREED 2022-1FP A</title>
        <cusip>35633KAA4</cusip>
        <identifiers>
          <isin value="US35633KAA43"/>
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        <balance>11675.41000000</balance>
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        <curCd>USD</curCd>
        <valUSD>11607.06000000</valUSD>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-03-19</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSMC TRUST</name>
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        <title>CSMC 2021-AFC1 TRUST CSMC 2021-AFC1 A1</title>
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          <isin value="US12657LAA26"/>
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        <curCd>USD</curCd>
        <valUSD>113387.01000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-25</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-11-30</ncom:dateSigned>
      <ncom:nameOfApplicant>SEI INSTITUTIONAL INVESTMENTS TRUST</ncom:nameOfApplicant>
      <ncom:signature>Ankit Puri</ncom:signature>
      <ncom:signerName>Ankit Puri</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
