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        <name>Cedar Funding VIII CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Cedar Funding XIV CLO Ltd.</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Chesapeake Funding II LLC</name>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dell Equipment Finance Trust</name>
        <lei>N/A</lei>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-04-23</maturityDt>
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      <invstOrSec>
        <name>FNA LLC</name>
        <lei>N/A</lei>
        <title>FNA LLC, Series 2025-1, Class A</title>
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        <balance>529779.10000000</balance>
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        <curCd>USD</curCd>
        <valUSD>526656.58000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-03-15</maturityDt>
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        <name>FHLMC</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHLMC, Series 2296, Class H</title>
        <cusip>3133TRUG8</cusip>
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        <balance>6.90000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6.95000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.50000000</annualizedRt>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA, Series 2013-59, Class MX</title>
        <cusip>3136AEG84</cusip>
        <identifiers>
          <isin value="US3136AEG847"/>
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        <balance>460140.35000000</balance>
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        <curCd>USD</curCd>
        <valUSD>440592.94000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2042-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.50000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA</title>
        <cusip>31403DQW2</cusip>
        <identifiers>
          <isin value="US31403DQW29"/>
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        <balance>47358.90000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>48441.79000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-07-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.93399880</annualizedRt>
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      <invstOrSec>
        <name>FNMA</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA</title>
        <cusip>31404NDB9</cusip>
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          <isin value="US31404NDB91"/>
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        <balance>152981.12000000</balance>
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        <curCd>USD</curCd>
        <valUSD>157473.92000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-04-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.82500160</annualizedRt>
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      <invstOrSec>
        <name>FCI Funding LLC</name>
        <lei>N/A</lei>
        <title>FCI Funding LLC, Series 2024-1A, Class A</title>
        <cusip>31425BAA5</cusip>
        <identifiers>
          <isin value="US31425BAA52"/>
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        <balance>201304.66000000</balance>
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        <curCd>USD</curCd>
        <valUSD>201308.06000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.44000000</annualizedRt>
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      <invstOrSec>
        <name>GCAT 2022-CM1 Trust</name>
        <lei>N/A</lei>
        <title>GCAT Trust, Series 2022-HX1, Class A1</title>
        <cusip>36168XAA7</cusip>
        <identifiers>
          <isin value="US36168XAA72"/>
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        <balance>562386.08610000</balance>
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        <curCd>USD</curCd>
        <valUSD>519716.11000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2066-12-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>2.88500040</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Goodgreen</name>
        <lei>N/A</lei>
        <title>Goodgreen, Series 2022-1A, Class A</title>
        <cusip>38218JAA4</cusip>
        <identifiers>
          <isin value="US38218JAA43"/>
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        <balance>304012.07000000</balance>
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        <curCd>USD</curCd>
        <valUSD>270267.61000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.84000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HTS Fund II LLC</name>
        <lei>N/A</lei>
        <title>HTS Fund II LLC, Series 2025-1, Class A</title>
        <cusip>40456GAA7</cusip>
        <identifiers>
          <isin value="US40456GAA76"/>
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        <balance>800000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>799431.52000000</valUSD>
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        <assetCat>ABS-O</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2045-06-23</maturityDt>
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          <annualizedRt>5.35100000</annualizedRt>
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        <name>Magnetite XXIX Ltd.</name>
        <lei>549300XSCWZTP19VRZ67</lei>
        <title>Magnetite XXIX Ltd., Series 2021-29A, Class X</title>
        <cusip>55955KAJ3</cusip>
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          <isin value="US55955KAJ34"/>
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        <balance>325000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>325102.70000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-07-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.67309880</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PRPM Trust</name>
        <lei>N/A</lei>
        <title>PRPM Trust, Series 2024-NQM4, Class A3</title>
        <cusip>69381UAC1</cusip>
        <identifiers>
          <isin value="US69381UAC18"/>
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        <balance>565591.92000000</balance>
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        <curCd>USD</curCd>
        <valUSD>568039.07000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-12-26</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.13100160</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Progress Residential Trust</name>
        <lei>N/A</lei>
        <title>Progress Residential Trust, Series 2022-SFR2, Class D</title>
        <cusip>74332VAG0</cusip>
        <identifiers>
          <isin value="US74332VAG05"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1085548.75000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.94500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>RCKTL</name>
        <lei>N/A</lei>
        <title>RCKTL, Series 2025-2A, Class B</title>
        <cusip>74939HAB9</cusip>
        <identifiers>
          <isin value="US74939HAB96"/>
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        <balance>550000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>548684.57000000</valUSD>
        <pctVal>0.360237485176</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</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>Reach ABS Trust</name>
        <lei>N/A</lei>
        <title>Reach ABS Trust, Series 2025-1A, Class A</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2.50000000</annualizedRt>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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