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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>BA MORTGAGE SECURITIES INCORPORATED</name>
        <lei>N/A</lei>
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        <cusip>05949AH86</cusip>
        <identifiers>
          <isin value="US05949AH867"/>
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        <balance>9852.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9387.81000000</valUSD>
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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>MFA TRUST</name>
        <lei>N/A</lei>
        <title>MFA 2021-NQM1 TRUST MFRA 2021-NQM1 A1</title>
        <cusip>55283FAA6</cusip>
        <identifiers>
          <isin value="US55283FAA66"/>
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        <balance>748850.77000000</balance>
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        <curCd>USD</curCd>
        <valUSD>662023.99000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      </invstOrSec>
      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ANGEL OAK MORTGAGE TRUST 2020-2 AOMT 2020-2 A1A</title>
        <cusip>03464XAL4</cusip>
        <identifiers>
          <isin value="US03464XAL47"/>
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        <balance>77611.21000000</balance>
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        <curCd>USD</curCd>
        <valUSD>71011.98000000</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>2065-01-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.53100160</annualizedRt>
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      <invstOrSec>
        <name>ALLIANT HOLDINGS INTERMEDIATE, LLC</name>
        <lei>5493006Q26653NF8SI73</lei>
        <title>ALLIANT HOLDINGS INTERMEDIATE LLC / ALLIANT HOLDIN 6.750000% 04/15/2028</title>
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          <isin value="US01883LAE39"/>
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        <curCd>USD</curCd>
        <valUSD>586806.00000000</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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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE POOL FN MA2474</title>
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          <isin value="US31418BXC52"/>
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        <balance>270395.02000000</balance>
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        <curCd>USD</curCd>
        <valUSD>255287.92000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.00000000</annualizedRt>
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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 2019-XL BX 2019-XL E</title>
        <cusip>056054AH2</cusip>
        <identifiers>
          <isin value="US056054AH24"/>
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        <balance>1062499.99000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1043517.90000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.47695080</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>DBCG</name>
        <lei>N/A</lei>
        <title>DBCG 2017-BBG MORTGAGE TRUST DBCG 2017-BBG C</title>
        <cusip>233062AJ7</cusip>
        <identifiers>
          <isin value="US233062AJ76"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1068654.29000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-06-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.58799920</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CP ATLAS BUYER, INC.</name>
        <lei>2549006ZZ07G0NDDCR36</lei>
        <title>CP ATLAS BUYER INC 144A 7.000000% 12/01/2028</title>
        <cusip>12597YAA7</cusip>
        <identifiers>
          <isin value="US12597YAA73"/>
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        <balance>710000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>528948.26000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.00000000</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>QUIRCH FOODS HOLDINGS, LLC</name>
        <lei>N/A</lei>
        <title>QUIRCH FOODS HOLDINGS, LLC 27-Oct-2027</title>
        <cusip>74880TAG1</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX204355"/>
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        <balance>2606660.44000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2430710.86000000</valUSD>
        <pctVal>0.459365078384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-27</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.17697960</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>IVANTI SOFTWARE, INC.</name>
        <lei>N/A</lei>
        <title>IVANTI SOFTWARE, INC. 12/1/2028</title>
        <cusip>46583HAC4</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX199509"/>
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        <balance>992857.14000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>589925.93000000</valUSD>
        <pctVal>0.111486469055</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-12-01</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.01056840</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>AMERICAN TOWER TRUST #1</name>
        <lei>N/A</lei>
        <title>AMERICAN TOWER TRUST #1 144A 3.652000% 03/23/2028</title>
        <cusip>03027WAK8</cusip>
        <identifiers>
          <isin value="US03027WAK80"/>
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        <balance>315000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>288855.41000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.65200000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MASTR ALTERNATIVE LOAN TR</name>
        <lei>N/A</lei>
        <title>MASTR ALTERNATIVE LOAN TRUST 2003-5 MALT 2003-5 4A1</title>
        <cusip>576434FF6</cusip>
        <identifiers>
          <isin value="US576434FF60"/>
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        <balance>732567.98000000</balance>
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        <curCd>USD</curCd>
        <valUSD>704980.94000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.50000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE-ACES FNA 2017-M13 FA</title>
        <cusip>3136AYP31</cusip>
        <identifiers>
          <isin value="US3136AYP317"/>
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        <balance>56592.03000000</balance>
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        <curCd>USD</curCd>
        <valUSD>55967.35000000</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>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MERRILL LYNCH MORTGAGE TRUST</name>
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        <title>MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES MLCC MLCC 2004-1 2A1</title>
        <cusip>59020UNN1</cusip>
        <identifiers>
          <isin value="US59020UNN18"/>
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        <balance>494741.42000000</balance>
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        <curCd>USD</curCd>
        <valUSD>457962.00000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-12-25</maturityDt>
          <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>
        <cusip>64831TAA5</cusip>
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          <isin value="US64831TAA51"/>
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        <curCd>USD</curCd>
        <valUSD>209557.43000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.15611840</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>
      <invstOrSec>
        <name>OBX TRUST</name>
        <lei>N/A</lei>
        <title>OBX 2021-NQM2 TRUST OBX 2021-NQM2 A1</title>
        <cusip>670857AA9</cusip>
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          <isin value="US670857AA93"/>
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        <balance>1460784.80000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1130723.83000000</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>2061-05-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.10099880</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>ELARA HGV TIMESHARE</name>
        <lei>N/A</lei>
        <title>ELARA HGV TIMESHARE ISSUER 2017-A LLC EHGVT 2017-A A</title>
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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>Solera 5/21 (USD) TLB</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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        <name>BLUEMOUNTAIN CLO LTD.</name>
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        <title>BLUEMOUNTAIN CLO XXIII LTD BLUEM 2018-23A C</title>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>WARNER MUSIC GROUP</name>
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        <name>DAE FUNDING LLC</name>
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        <name>THE FEDERAL HOME LOAN BANKS</name>
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        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <name>ELECTRON BIDCO INC.</name>
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        <name>CARLYLE GLOBAL MARKET STRATEGIES CLO LTD</name>
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        <name>FLAGSHIP CREDIT AUTO TRUST</name>
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        <name>Chart Industries/Howden 12/22 TLB</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KNOT WORLDWIDE INC., THE</name>
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        <name>MFA LLC</name>
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        <name>THORNBURG MORTGAGE SECURITIES TRUST</name>
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          <isin value="US885220FS76"/>
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        <isRestrictedSec>N</isRestrictedSec>

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

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        <name>GLOBAL SC FINANCE II SRL</name>
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        <title>GLOBAL SC FINANCE II SRL SEACO 2014-1A A2</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>QUEST SOFTWARE US HOLDINGS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>CenturyLink 1/20</name>
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        <name>HOME RE LIMITED</name>
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        <name>APIDOS CLO</name>
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        <name>BX COMMERCIAL MORTGAGE TRUST</name>
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        <name>THORNBURG MORTGAGE SECURITIES TRUST</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <name>SBA SENIOR FINANCE II LLC</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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          <couponKind>Floating</couponKind>
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        <name>TRITON WATER HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>TRITON WATER HOLDINGS, INC. 3/31/2028</title>
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        <name>PROOFPOINT INC.</name>
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        <name>PETVET CARE CENTERS, LLC</name>
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        <name>EPICOR SOFTWARE CORPORATION</name>
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        <name>Deutsche Bank AG (New York Branch)</name>
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        <name>ORGANON &amp; CO</name>
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        <name>Federal National Mortgage Association</name>
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        <name>Alliant Holdings 2/23 B5</name>
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        <name>Federal National Mortgage Association</name>
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        <name>NOMURA ASSET SECURITIES CORPORATION</name>
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        <name>CARVANA AUTO RECEIVABLES TRUST</name>
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        <name>ELARA HGV TIMESHARE</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <name>BANK</name>
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        <name>PRPM LLC</name>
        <lei>N/A</lei>
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        <name>WESTLAKE AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>EW Scripps 12/19 Cov-Lite</name>
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        <name>BEAR STEARNS ALT-A TRUST</name>
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        <name>Deutsche Bank AG (New York Branch)</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>APTTUS CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>TOWD POINT MORTGAGE TRUST</name>
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          <isin value="US89177EAA73"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST</name>
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        <title>STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST SARM 2004-9XS A</title>
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          <isin value="US86359BVG30"/>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>MEDLINE BORROWER, LP</name>
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          <other otherDesc="All Others" value="LX198398"/>
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        <name>NEUBERGER BERMAN LOAN ADVISERS LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>STAR TRUST</name>
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        <isRestrictedSec>Y</isRestrictedSec>

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        <name>Sedgwick CMS 2/23</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SERVICE LOGIC ACQUISITION, INC.</name>
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        <name>DYNASTY ACQUISITION CO., INC.</name>
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        <name>VERIZON OWNER TRUST</name>
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        <name>THE BOEING COMPANY</name>
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        <name>SKYMILES IP LTD. (DELA AIR LINES, INC.)</name>
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        <name>SANTANDER BANK, N.A.</name>
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      <invstOrSec>
        <name>Domino's Pizza Master Issuer LLC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>SCIH SALT HOLDINGS INC.</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>CAPITAL ONE FINANCIAL CORPORATION</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>METRONET INFRASTRUCTURE ISSUER LLC</name>
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        <curCd>USD</curCd>
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        <name>LIFE TIME, INC.</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BBCMS TRUST</name>
        <lei>N/A</lei>
        <title>BBCMS 2017-DELC MORTGAGE TRUST BBCMS 2017-DELC E</title>
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      <invstOrSec>
        <name>BX COMMERCIAL MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>BX COMMERCIAL MORTGAGE TRUST 2019-XL BX 2019-XL A</title>
        <cusip>056054AA7</cusip>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NAVIENT STUDENT LOAN TRUST</name>
        <lei>N/A</lei>
        <title>NAVIENT STUDENT LOAN TRUST 2021-1 NAVSL 2021-1A A1B</title>
        <cusip>63942NAB4</cusip>
        <identifiers>
          <isin value="US63942NAB47"/>
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        <balance>1089864.24000000</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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        <securityLending>
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      <invstOrSec>
        <name>ITP Aero 1/22</name>
        <lei>N/A</lei>
        <title>ITP Aero 1/22 2/10/2029</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="All Others" value="LX202560"/>
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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>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FLEXSYS HOLDINGS, INC.</name>
        <lei>N/A</lei>
        <title>FLEXSYS HOLDINGS, INC. 11/1/2028</title>
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          <other otherDesc="All Others" value="LX196793"/>
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        <balance>454907.20000000</balance>
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        <curCd>USD</curCd>
        <valUSD>410553.75000000</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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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <title>TOWD POINT MORTGAGE TRUST 2019-HY2 TPMT 2019-HY2 M2</title>
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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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        <name>MH SUB I, LLC</name>
        <lei>N/A</lei>
        <title>MH SUB I, LLC 9/13/2024</title>
        <cusip>45567YAJ4</cusip>
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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>8.31971160</annualizedRt>
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        <securityLending>
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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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        <curCd>USD</curCd>
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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>5.20455960</annualizedRt>
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        <name>Freddie Mac</name>
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        <title>FREDDIE MAC WHOLE LOAN SECURITIES TRUST 2016-SC01 FWLS 2016-SC01 M2</title>
        <cusip>3137G1AY3</cusip>
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          <isin value="US3137G1AY32"/>
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        <curCd>USD</curCd>
        <valUSD>378290.03000000</valUSD>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>3.90390480</annualizedRt>
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      <invstOrSec>
        <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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        <fairValLevel>2</fairValLevel>
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        <name>SBA TOWER TRUST</name>
        <lei>N/A</lei>
        <title>SBA TOWER TRUST 144A 6.599000% 01/15/2028</title>
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          <isin value="US78403DAZ33"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <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>
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          <other otherDesc="All Others" value="LX171518"/>
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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>6.32999880</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
        <lei>N/A</lei>
        <title>WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 200 WAMU 2004-AR9 A7</title>
        <cusip>92922FWL8</cusip>
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          <isin value="US92922FWL83"/>
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        <balance>1450876.67000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1348789.36000000</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>MORGAN STANLEY DEAN WITTER CAPITAL I INC</name>
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        <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>263777.39000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>3.79338120</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <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>77187.80000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67523.60000000</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>
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          <maturityDt>2049-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.94100040</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HYLAND SOFTWARE, INC.</name>
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        <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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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2025-07-07</maturityDt>
          <couponKind>Floating</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST</name>
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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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          <maturityDt>2025-10-20</maturityDt>
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      <invstOrSec>
        <name>ACCREDITED MORTGAGE LOAN TRUST</name>
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          <isin value="US004375CA70"/>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>KKR CLO LTD/LLC</name>
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        <title>KKR CLO 20 LTD KKR 20 B</title>
        <cusip>48251TAB7</cusip>
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          <isin value="US48251TAB70"/>
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        <balance>636000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-10-16</maturityDt>
          <couponKind>Floating</couponKind>
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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>
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          <isCashCollateral>N</isCashCollateral>
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        <name>APIDOS CLO</name>
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        <title>APIDOS CLO XII APID 2013-12A AR</title>
        <cusip>03764DAH4</cusip>
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          <isin value="US03764DAH44"/>
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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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        <curCd>USD</curCd>
        <valUSD>1501876.05000000</valUSD>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>7.05060000</annualizedRt>
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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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        <valUSD>810935.51000000</valUSD>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>6.41327040</annualizedRt>
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      <invstOrSec>
        <name>FREEPORT LNG 11/21</name>
        <lei>N/A</lei>
        <title>FREEPORT LNG 11/21 11/16/2026</title>
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          <other otherDesc="All Others" value="LX200264"/>
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        <balance>755668.43000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-11-16</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.80770880</annualizedRt>
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      <invstOrSec>
        <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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        <balance>165000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>166128.27000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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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>
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        <identifiers>
          <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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          <isLoanByFund>N</isLoanByFund>
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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>
        <identifiers>
          <isin value="US31574XAA63"/>
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        <balance>764676.50000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>CSMC TRUST</name>
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        <title>CSMC 2021-NQM3 CSMC 2021-NQM3 A1</title>
        <cusip>12660LAA7</cusip>
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          <isin value="US12660LAA70"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>1.01499840</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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        <name>STARWOOD MORTGAGE RESIDENTIAL TRUST</name>
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        <title>STARWOOD MORTGAGE RESIDENTIAL TRUST 2020-3 STAR 2020-3 A1</title>
        <cusip>85573MAA7</cusip>
        <identifiers>
          <isin value="US85573MAA71"/>
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        <balance>433141.07000000</balance>
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        <valUSD>404809.53000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>1.48600080</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>
      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ANGEL OAK MORTGAGE TRUST 2020-4 AOMT 2020-4 A1</title>
        <cusip>03464LAA4</cusip>
        <identifiers>
          <isin value="US03464LAA44"/>
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        <balance>40824.02000000</balance>
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        <curCd>USD</curCd>
        <valUSD>36590.50000000</valUSD>
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      <invstOrSec>
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        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
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        <name>AMUR EQUIPMENT FINANCE RECEIVABLES LLC</name>
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        <name>Four Seasons 11/22 Cov-Lite TLB</name>
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        <name>ENVISION HEALTHCARE CORPORATION</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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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GENERAL MOTORS FINANCIAL COMPANY, INC.</name>
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          <isin value="US37045XDN30"/>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Deutsche Bank AG (New York Branch)</name>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <fairValLevel>2</fairValLevel>
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        <name>GOLDENTREE LOAN MANAGEMENT US CLO LTD</name>
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        <title>GOLDENTREE LOAN MANAGEMENT US CLO 2 LTD GLM 2017-2A AR</title>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

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        <name>ARTERA SERVICES, LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>ALIGNED DATA CENTERS</name>
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        <name>BEAR STEARNS ARM TRUST</name>
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        <title>BEAR STEARNS ARM TRUST 2004-1 BSARM 2004-1 21A1</title>
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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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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>BRIGHTVIEW LANDSCAPES, LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>THE FEDERAL HOME LOAN BANKS</name>
        <lei>N/A</lei>
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        <valUSD>184637.37000000</valUSD>
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        <name>FORD CREDIT AUTO LEASE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>TEAM HEALTH HOLDINGS, INC.</name>
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        <name>FIVE GUYS FUNDING LLC</name>
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        <name>SOCIETE GENERALE SA</name>
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        <name>MADISON PARK FUNDING LLC</name>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>BOWLMOR AMF 7/18 COV-LITE</name>
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          <other otherDesc="All Others" value="LX174061"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>THE FEDERAL HOME LOAN BANKS</name>
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          <isin value="US313384JK67"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>EXETER AUTOMOBILE RECEIVABLES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <name>CONFLUENT MEDICAL TECHNOLOGIES, INC.</name>
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        <name>TAL ADVANTAGE LLC</name>
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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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        <name>ASHFORD HOSPITALITY TRUST</name>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>UNITED AUTO CREDIT SECURITIZATION TRUST</name>
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        <title>UNITED AUTO CREDIT SECURITIZATION TRUST 2023-1 UACST 2023-1 A</title>
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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>Ineos 2/23</name>
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        <name>FOURSIGHT CAPITAL AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>Formula One 11/22</name>
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        <name>AMUR EQUIPMENT FINANCE RECEIVABLES LLC</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>ICON PUBLIC LIMITED COMPANY</name>
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        <name>GROUPE SOLMAX INC.</name>
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        <name>CHART INDUSTRIES, INC.</name>
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        <name>PROOFPOINT INC.</name>
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        <name>KOBE US MIDCO 2, INC.</name>
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        <name>United States of America</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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      <invstOrSec>
        <name>CONNECTICUT AVENUE SECURITIES</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MADISON IAQ LLC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KEYCORP STUDENT LOAN TRUST</name>
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          <isin value="US493268AY20"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isin value="US00834DAA19"/>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PRODIGY FINANCE LTD</name>
        <lei>N/A</lei>
        <title>PRODIGY FINANCE CM2021-1 DAC PRDGY 2021-1A A</title>
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          <isin value="US742855AA76"/>
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        <balance>1095217.39000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE POOL FN AA3518</title>
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          <isin value="US31416L4C76"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>SERVICE LOGIC ACQUISITION, INC.</name>
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          <other otherDesc="All Others" value="LX190319U"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <title>FREDDIE MAC STACR REMIC TRUST 2022-DNA1 STACR 2022-DNA1 M1B</title>
        <cusip>35564KPV5</cusip>
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          <isin value="US35564KPV51"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Tibco Software/Citrix 9/22</name>
        <lei>N/A</lei>
        <title>Tibco Software/Citrix 9/22 12/31/2049</title>
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          <other otherDesc="All Others" value="LX202639"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-31</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>GCAT TRUST</name>
        <lei>N/A</lei>
        <title>GCAT 2021-NQM3 TRUST GCAT 2021-NQM3 A1</title>
        <cusip>36167HAA3</cusip>
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          <isin value="US36167HAA32"/>
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        <name>MHC COMMERCIAL MORTGAGE TRUST</name>
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        <title>MHC COMMERCIAL MORTGAGE TRUST 2021-MHC MHC 2021-MHC D</title>
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          <couponKind>Floating</couponKind>
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        <name>TRIDENT TPI HLDNGS, INC.</name>
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          <other otherDesc="All Others" value="LX196682"/>
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        <name>IMPERIAL FUND MORTGAGE TRUST</name>
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        <title>IMPERIAL FUND MORTGAGE TRUST 2022-NQM5 IMPRL 2022-NQM5 A3</title>
        <cusip>45276QAC8</cusip>
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        <name>CSMC TRUST</name>
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          <couponKind>Fixed</couponKind>
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        <name>VERUS SECURITIZATION TRUST</name>
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        <title>VERUS SECURITIZATION TRUST 2021-4 VERUS 2021-4 A1</title>
        <cusip>92538HAA8</cusip>
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        <name>BANC OF AMERICA FUNDING CORPORATION</name>
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        <title>BANC OF AMERICA FUNDING 2006-I TRUST BAFC 2006-I 1A1</title>
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      <invstOrSec>
        <name>WELLS FARGO MORTGAGE BACKED SECURITIES TRUST</name>
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        <title>WELLS FARGO MORTGAGE BACKED SECURITIES 2004-U TRUS WFMBS 2004-U A1</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Government National Mortgage Association 2</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SANTANDER BANK, N.A.</name>
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        <name>CHASE MORTGAGE FINANCE CORPORATION</name>
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        <name>ECMC GROUP STUDENT LOAN TRUST</name>
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        <name>TRUCK HERO, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>HUB INTERNATIONAL LIMITED</name>
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        <name>CARLYLE US CLO LTD</name>
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        <name>PALMER SQUARE LOAN FUNDING LTD.</name>
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        <name>BELLEMEADE RE LTD.</name>
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        <name>CULLIGAN 7/21 COV-LITE</name>
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          <couponKind>Floating</couponKind>
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        <name>MACQUARIE GROUP LIMITED</name>
        <lei>ACMHD8HWFMFUIQQ8Y590</lei>
        <title>MACQUARIE GROUP LTD MTN VARIABLE RATE 10/14/2025</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>DYNASTY ACQUISITION CO., INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MILL CITY MORTGAGE LOAN TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ALLEGRO CLO LTD</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MADISON PARK FUNDING, LTD.</name>
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          <isin value="US55819QBA40"/>
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        <balance>600000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>COMM MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>COMM 2015-CCRE23 MORTGAGE TRUST COMM 2015-CR23 C</title>
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          <isin value="US12593ABE47"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>R1 RCM 5/22 TLB</name>
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          <other otherDesc="All Others" value="LX204453"/>
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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>SOUND POINT CLO</name>
        <lei>N/A</lei>
        <title>SOUND POINT CLO XXIII SNDPT 2019-2A X</title>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>RADNOR RE/ESSENT</name>
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        <title>RADNOR RE 2020-1 LTD RMIR 2020-1 M1A</title>
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          <isin value="US750493AA69"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
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          <isin value="US59020USM89"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>VIASAT, INC.</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>WMRK COMMERCIAL MORTGAGE TRUST</name>
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        <name>WINGSTOP FUNDING</name>
        <lei>N/A</lei>
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          <isin value="US974153AB40"/>
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        <name>AFFIRM ASSET SECURITIZATION TRUST</name>
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          <couponKind>Fixed</couponKind>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <title>FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOT STACR 2021-DNA2 M1</title>
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        <issuerCat>USGA</issuerCat>
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        <name>SANTANDER DRIVE AUTO RECEIVABLES TRUST</name>
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        <name>NAVIENT PRIVATE EDUCATION LOAN TRUST</name>
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        <title>NAVIENT PRIVATE EDUCATION REFI LOAN TRUST 2020-H NAVSL 2020-IA A1B</title>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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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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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>ENERGIZER HOLDINGS</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX191388"/>
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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>BA MORTGAGE SECURITIES INCORPORATED</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>VISIO TRUST</name>
        <lei>N/A</lei>
        <title>VISIO 2020-1R TRUST VISIO 2020-1R A2</title>
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          <isin value="US92837MAB37"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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          <isin value="US9292276K70"/>
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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>
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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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          <isin value="US15033XAN66"/>
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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>
          <maturityDt>2032-10-20</maturityDt>
          <couponKind>Floating</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>BANC OF AMERICA FUNDING CORPORATION</name>
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          <isin value="US05946XYZ04"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-09-20</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>Sycamore/Sanderson Farms 9/21</name>
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        <title>Sycamore/Sanderson Farms 9/21 7/23/2029</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>TransDigm 12/22</name>
        <lei>N/A</lei>
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        <cusip>89364MBW3</cusip>
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          <other otherDesc="All Others" value="LX210418"/>
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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>MASTR ADJUSTABLE RATE MORTGAGE TRUST</name>
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        <title>MASTR ADJUSTABLE RATE MORTGAGES TRUST 2005-6 MARM 2005-6 5A1</title>
        <cusip>576433A71</cusip>
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          <isin value="US576433A715"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.87106120</annualizedRt>
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        <name>UNIVERSITY SUPPORT SERVICES LLC</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX195759"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE POOL FN 372390</title>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2024-10-01</maturityDt>
          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BEAR STEARNS ARM TRUST</name>
        <lei>N/A</lei>
        <title>BEAR STEARNS ARM TRUST 2004-3 BSARM 2004-3 2A</title>
        <cusip>07384MQ88</cusip>
        <identifiers>
          <isin value="US07384MQ887"/>
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        <balance>594203.26000000</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>3.33409320</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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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>
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          <isin value="US64828FCQ37"/>
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        <balance>1847176.99000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1804706.33000000</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>2048-01-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.36699880</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TMK HAWK PARENT, CORP.</name>
        <lei>N/A</lei>
        <title>TMK HAWK PARENT, CORP. 5/30/2024</title>
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        <name>PointClickCare 2/22 Incremental</name>
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        <name>CHASE AUTO CREDIT LINKED NOTES</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>UNIVISION COMMUNICATIONS INC.</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ELEVATION CLO LTD</name>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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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>
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        <name>TRANS UNION LLC</name>
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        <name>IMPERIAL FUND MORTGAGE TRUST</name>
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        <title>IMPERIAL FUND MORTGAGE TRUST 2021-NQM2 IMPRL 2021-NQM2 A1</title>
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        <name>DENALI CAPITAL CLO LTD.</name>
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        <name>MISSOURI HIGHER ED LN AUTH STUDENT LN REV</name>
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        <name>WESTLAKE AUTOMOBILE RECEIVABLES TRUST</name>
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        <name>SEI Daily Income Trust: Government Fund; Class F Shares</name>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITIGROUP COMMERCIAL MORTGAGE TRUST</name>
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          <isin value="US17326MAA09"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TOWD POINT MORTGAGE TRUST</name>
        <lei>N/A</lei>
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          <isin value="US89173FAA84"/>
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        <balance>59139.99000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>KENTUCKY HIGHER ED STUDENT LN CORP STUDENT LN REV</name>
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          <isin value="US49130NEZ87"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-5 NRZT 2017-5A A1</title>
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          <isin value="US64828NAA37"/>
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        <assetCat>ABS-MBS</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PREGIS TOPCO LLC</name>
        <lei>N/A</lei>
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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>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE POOL FN 879906</title>
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          <isin value="US31409VR394"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>SEQUOIA MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>SEQUOIA MORTGAGE TRUST 2004-3 SEMT 2004-3 A</title>
        <cusip>81744FAZ0</cusip>
        <identifiers>
          <isin value="US81744FAZ09"/>
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        <balance>217971.07000000</balance>
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        <curCd>USD</curCd>
        <valUSD>216530.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-05-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.21499960</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>BAUSCH AND LAMB TL</name>
        <lei>N/A</lei>
        <title>BAUSCH AND LAMB TL 5/10/2027</title>
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          <other otherDesc="All Others" value="LX204291"/>
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        <balance>931282.93000000</balance>
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        <assetCat>LON</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>7.84170000</annualizedRt>
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        <name>KKR FINANCIAL CLO, LTD.</name>
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        <title>KKR CLO 21 LTD KKR 21 A</title>
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          <isin value="US48252KAA79"/>
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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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        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <cusip>64830VAA1</cusip>
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          <isin value="US64830VAA17"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>2.46413160</annualizedRt>
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      <invstOrSec>
        <name>CLUBCORP HOLDINGS INC.</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ARI FLEET LEASE TRUST</name>
        <lei>N/A</lei>
        <title>ARI FLEET LEASE TRUST 2021-A ARIFL 2021-A A2</title>
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          <isin value="US00217FAB13"/>
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        <balance>49776.10000000</balance>
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        <name>COLT MORTGAGE LOAN TRUST</name>
        <lei>N/A</lei>
        <title>COLT 2022-7 MORTGAGE LOAN TRUST COLT 2022-7 A1</title>
        <cusip>12663GAA5</cusip>
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          <isin value="US12663GAA58"/>
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        <balance>910083.31000000</balance>
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        <isRestrictedSec>Y</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.16200000</annualizedRt>
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        <name>MFA TRUST</name>
        <lei>N/A</lei>
        <title>MFA 2020-NQM3 TRUST MFRA 2020-NQM3 A1</title>
        <cusip>552757AA4</cusip>
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          <isin value="US552757AA45"/>
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        <balance>42647.88000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.01400120</annualizedRt>
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      <invstOrSec>
        <name>CREDIT SUISSE FIRST BOSTON CORPORATION</name>
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        <title>CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES COR CSFB 2005-5 3A2</title>
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          <isin value="US225458TY41"/>
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        <curCd>USD</curCd>
        <valUSD>236991.79000000</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>2035-07-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.91699880</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <name>ARROYO MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>VIRGIN MEDIA BRISTOL LLC</name>
        <lei>N/A</lei>
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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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          <maturityDt>2028-01-31</maturityDt>
          <couponKind>Floating</couponKind>
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        <name>PHOENIX NEWCO, INC.</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX196814"/>
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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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      <invstOrSec>
        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
        <lei>N/A</lei>
        <title>WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 200 WAMU 2004-AR14 A1</title>
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          <isin value="US939336V916"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>TUTOR PERINI</name>
        <lei>N/A</lei>
        <title>TUTOR PERINI 8/18/2027</title>
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          <other otherDesc="All Others" value="LX189467"/>
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        <curCd>USD</curCd>
        <valUSD>668775.81000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST</name>
        <lei>N/A</lei>
        <title>FREDDIE MAC STACR REMIC TRUST 2021-DNA3 STACR 2021-DNA3 M1</title>
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          <isin value="US35564KED72"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CONNECTICUT AVENUE SECURITIES</name>
        <lei>N/A</lei>
        <title>CONNECTICUT AVENUE SECURITIES TRUST 2022-R03 CAS 2022-R03 1M1</title>
        <cusip>20753XAA2</cusip>
        <identifiers>
          <isin value="US20753XAA28"/>
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        <balance>776441.60000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>SOPHIA, L.P.</name>
        <lei>N/A</lei>
        <title>SOPHIA, L.P. 10/9/2028</title>
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          <other otherDesc="All Others" value="LX190114"/>
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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>
          <maturityDt>2028-10-09</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.72985920</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SEQUOIA MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>SEQUOIA MORTGAGE TRUST 2004-5 SEMT 2004-5 A1</title>
        <cusip>81744FBS5</cusip>
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          <isin value="US81744FBS56"/>
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        <balance>770023.84000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>4.33460160</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GM FINANCIAL AUTOMOBILE LEASING TRUST</name>
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        <title>GM FINANCIAL AUTOMOBILE LEASING TRUST 2023-1 GMALT 2023-1 A2A</title>
        <cusip>362541AB0</cusip>
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          <isin value="US362541AB07"/>
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        <balance>55000.00000000</balance>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Fixed</couponKind>
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        <name>BEAR STEARNS ALT-A TRUST</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <debtSec>
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          <couponKind>Floating</couponKind>
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        <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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        <debtSec>
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        <name>OBX TRUST</name>
        <lei>N/A</lei>
        <title>OBX 2020-INV1 TRUST OBX 2020-INV1 A11</title>
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          <isin value="US67113CAL00"/>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>NAVIENT PRIVATE EDUCATION LOAN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST</name>
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        <title>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2018-1 NRZT 2018-1A A1A</title>
        <cusip>64830GAB2</cusip>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>LAD AUTO RECEIVABLES TRUST</name>
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        <title>LAD AUTO RECEIVABLES TRUST 2021-1 LADAR 2021-1A A</title>
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          <isin value="US501683AA41"/>
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        <curCd>USD</curCd>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>

        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>1.30000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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        <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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        <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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        <name>THE FEDERAL HOME LOAN BANKS</name>
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        <name>J.P. MORGAN MORTGAGE TRUST</name>
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        <name>TK ELEVATOR MIDCO GMBH</name>
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        <name>THE CHEMOURS COMPANY</name>
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        <name>TOWD POINT MORTGAGE TRUST</name>
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        <name>MERRILL LYNCH MORTGAGE INVESTORS INCORPORATED</name>
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          <isin value="US59020USK24"/>
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        <isRestrictedSec>N</isRestrictedSec>

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

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      <invstOrSec>
        <name>CARMAX AUTO OWNER TRUST</name>
        <lei>N/A</lei>
        <title>CARMAX AUTO OWNER TRUST 2021-3 CARMX 2021-3 A2A</title>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>USI. INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <title>FREDDIE MAC STACR REMIC TRUST 2022-DNA1 STACR 2022-DNA1 M1A</title>
        <cusip>35564KPU7</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COUNTRYWIDE HOME LOANS INC</name>
        <lei>N/A</lei>
        <title>CHL MORTGAGE PASS-THROUGH TRUST 2004-8 CWHL 2004-8 2A1</title>
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        <isRestrictedSec>N</isRestrictedSec>

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          <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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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>MOTUS GROUP, LLC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST</name>
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        <title>STRUCTURED ADJUSTABLE RATE MORTGAGE LOAN TRUST SARM 2005-7 1A3</title>
        <cusip>863579PF9</cusip>
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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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        <name>MELLON RESIDENTIAL FUNDING CORPORATION</name>
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        <title>MELLON RESIDENTIAL FUNDING COR MOR PAS THR TR SER MRFC 1999-TBC3 A2</title>
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          <isin value="US585525DF22"/>
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        <curCd>USD</curCd>
        <valUSD>105332.10000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.01738480</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ARROYO MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ARROYO MORTGAGE TRUST 2019-3 ARRW 2019-3 A1</title>
        <cusip>04285AAA3</cusip>
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          <isin value="US04285AAA34"/>
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        <balance>33754.54000000</balance>
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        <curCd>USD</curCd>
        <valUSD>30902.93000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2048-10-25</maturityDt>
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      </invstOrSec>
      <invstOrSec>
        <name>COLD STORAGE TRUST</name>
        <lei>N/A</lei>
        <title>COLD STORAGE TRUST 2020-ICE5 COLD 2020-ICE5 D</title>
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          <isin value="US193051AN95"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TIAA CLO LTD</name>
        <lei>N/A</lei>
        <title>TIAA CLO I LTD TIA 2016-1A AR</title>
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          <isin value="US87271LAJ17"/>
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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>ENSEMBLE RCM, LLC</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX181745"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-03</maturityDt>
          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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          <isin value="US404280CZ02"/>
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        <balance>275000.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>HYPERION INSURANCE/HOWDEN 2/21 COV-LITE TLB</name>
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          <other otherDesc="All Others" value="LX192194"/>
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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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        <name>SHARP MIDCO LLC</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX200906"/>
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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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        <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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        <curCd>USD</curCd>
        <valUSD>767367.29000000</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>
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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>
        <cusip>61913PAR3</cusip>
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          <isin value="US61913PAR38"/>
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        <balance>216910.61000000</balance>
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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>2035-02-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.81556960</annualizedRt>
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        <name>GSK CONSUMER HEALTHCARE CAPITAL US LLC</name>
        <lei>549300N8C3A3L0UVQB07</lei>
        <title>GSK CONSUMER HEALTHCARE CAPITAL US LLC VARIABLE RATE 03/24/2024</title>
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        <identifiers>
          <isin value="US36264FAJ03"/>
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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>TRICOLOR AUTO SECURITIZATION TRUST</name>
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          <isin value="US89616BAA26"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>GATES GLOBAL LLC</name>
        <lei>N/A</lei>
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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>MFA TRUST</name>
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          <isin value="US55283WAA99"/>
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        <name>TOWD POINT HE TRUST</name>
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          <isin value="US89180DAA46"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>Golden Entertainment 8/17 TL</name>
        <lei>N/A</lei>
        <title>Golden Entertainment 8/17 TL 8/15/2024</title>
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          <other otherDesc="All Others" value="LX165659"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TRIDENT TPI HOLDINGS, INC.</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>HILTON WORLDWIDE FINANCE LLC</name>
        <lei>N/A</lei>
        <title>HILTON WORLDWIDE FINANCE LLC 6/22/2026</title>
        <cusip>43289DAH6</cusip>
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          <other otherDesc="All Others" value="LX181074"/>
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        <curCd>USD</curCd>
        <valUSD>770759.79000000</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>2026-06-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.38010000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>FHF TRUST</name>
        <lei>N/A</lei>
        <title>FHF TRUST 2021-2 FHF 2021-2A A</title>
        <cusip>30322JAA4</cusip>
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          <isin value="US30322JAA43"/>
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        <curCd>USD</curCd>
        <valUSD>80519.70000000</valUSD>
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        <name>DTI HOLDCO, INC.</name>
        <lei>N/A</lei>
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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>

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        <isRestrictedSec>N</isRestrictedSec>

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        <name>ACE SECURITIES CORP HOME EQUITY LOAN TRUST</name>
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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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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

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        <isRestrictedSec>N</isRestrictedSec>

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        <name>SBA TOWER TRUST</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>DELTA TOPCO, INC.</name>
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        <name>COMM MORTGAGE TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>FLAGSHIP CREDIT AUTO TRUST</name>
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        <title>FLAGSHIP CREDIT AUTO TRUST 2021-3 FCAT 2021-3 A</title>
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      <invstOrSec>
        <name>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST</name>
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        <title>AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2020-3 AMCAR 2020-3 C</title>
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        <name>MCAFEE CORP.</name>
        <lei>N/A</lei>
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        <name>BELLEMEADE RE LTD.</name>
        <lei>N/A</lei>
        <title>BELLEMEADE RE 2022-1 LTD BMIR 2022-1 M1A</title>
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        <name>DIAMOND SPORTS GROUP, LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>ALLIANCE LAUNDRY SYSTEMS LLC</name>
        <lei>N/A</lei>
        <title>ALLIANCE LAUNDRY SYSTEMS LLC 10/8/2027</title>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>J.P. MORGAN MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>JP MORGAN MORTGAGE TRUST 2006-A2 JPMMT 2006-A2 5A3</title>
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        <name>EQUINOX FITNESS CLUBS</name>
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        <name>BEACON CONTAINER FINANCE LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>

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          <couponKind>Floating</couponKind>
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        <name>Government National Mortgage Association 2</name>
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        <name>IMPRIVATA, INC.</name>
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        <name>HILTON DOMESTIC OPERATING COMPANY INC.</name>
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        <name>CHASE AUTO CREDIT LINKED NOTES</name>
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        <name>AVERY POINT CLO, LIMITED</name>
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        <name>VELOCITY COMMERCIAL CAPITAL LOAN TRUST</name>
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          <isin value="US92259TAA97"/>
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        <name>DELL EQUIPMENT FINANCE TRUST</name>
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        <name>BX TRUST</name>
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        <name>ASSUREDPARTNERS, INC.</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>MHP COMMERCIAL MORTGAGE TRUST</name>
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        <name>TMK HAWK PARENT, CORP.</name>
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        <name>MATRIX PARENT INC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>LEARNING CARE GROUP (US) NO. 2 INC.</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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      <invstOrSec>
        <name>FREDDIE MAC STACR REMIC TRUST</name>
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        <name>UFC HOLDINGS, LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PREGIS TOPCO LLC</name>
        <lei>N/A</lei>
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        <name>HAYWARD INDUSTRIES INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>NAVIENT PRIVATE EDUCATION LOAN TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>N/A</name>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>MHP COMMERCIAL MORTGAGE TRUST</name>
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        <name>RADNOR RE/ESSENT</name>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TRICON AMERICAN HOMES TRUST</name>
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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 POOL FN 793599</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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        <name>TITAN ACQUISITION LIMITED</name>
        <lei>N/A</lei>
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          <other otherDesc="All Others" value="LX172192"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>CIENA 1/23</name>
        <lei>N/A</lei>
        <title>CIENA 1/23 1/24/2030</title>
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          <other otherDesc="All Others" value="LX210429"/>
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        <name>PACIFIC GAS AND ELECTRIC COMPANY</name>
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        <name>AEGIS ASSET BACKED SECURITIES TRUST</name>
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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>
        <cusip>20754MBZ9</cusip>
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        <balance>1201187.71000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>7.44248880</annualizedRt>
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      <invstOrSec>
        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FANNIE MAE POOL FN 820598</title>
        <cusip>31406UUX4</cusip>
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        <curCd>USD</curCd>
        <valUSD>178503.74000000</valUSD>
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        <name>ADP 6/22 Cov-Lite</name>
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        <name>Federal National Mortgage Association</name>
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        <name>SYMPHONY STATIC CLO LTD</name>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STATION CASINOS LLC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRB HOLDING CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>LENDBUZZ SECURITIZATION TRUST</name>
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        <name>TRICOLOR AUTO SECURITIZATION TRUST</name>
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        <name>Aristocrat Leisure 5/22 TLB</name>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICIATES</name>
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        <isRestrictedSec>N</isRestrictedSec>

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        <name>BELLEMEADE RE LTD.</name>
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        <name>ARAMARK INTERMEDIATE HOLDCO CORPORATION</name>
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        <name>BELLEMEADE RE LTD.</name>
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        <name>Caesars Entertainment</name>
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        <name>VERUS SECURITIZATION TRUST</name>
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        <name>HYUNDAI AUTO RECEIVABLES TRUST</name>
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        <name>JPMORGAN CHASE &amp; CO.</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.20817760</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ANGEL OAK MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>ANGEL OAK MORTGAGE TRUST I LLC 2019-4 AOMT 2019-4 A1</title>
        <cusip>03463UAA5</cusip>
        <identifiers>
          <isin value="US03463UAA51"/>
        </identifiers>
        <balance>3731.98000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3713.74000000</valUSD>
        <pctVal>0.000701836855</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>2049-07-26</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>2.99300040</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CSMC TRUST</name>
        <lei>N/A</lei>
        <title>CSMC 2021-AFC1 TRUST CSMC 2021-AFC1 A1</title>
        <cusip>12657LAA2</cusip>
        <identifiers>
          <isin value="US12657LAA26"/>
        </identifiers>
        <balance>142023.39000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>112852.94000000</valUSD>
        <pctVal>0.021327382241</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>2056-03-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.83000160</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2023-02-28</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>
  <documents>XXXX</documents>
</edgarSubmission>
