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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>REPUBLIC OF PERU</name>
        <lei>254900STKLK2DBJJZ530</lei>
        <title>Peruvian Government International Bond</title>
        <cusip>P78024AE9</cusip>
        <identifiers>
          <isin value="USP78024AE96"/>
          <ticker value="BH436F0"/>
        </identifiers>
        <balance>5400000</balance>
        <units>PA</units>
        <currencyConditional curCd="PEN" exchangeRt="3.5078"/>
        <valUSD>1592164.09</valUSD>
        <pctVal>1.8302294459</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.94</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>DOMINICAN REPUBLIC</name>
        <lei>254900EHU7Q8FGVPI369</lei>
        <title>Dominican Republic International Bond</title>
        <cusip>P3579ECD7</cusip>
        <identifiers>
          <isin value="USP3579ECD78"/>
          <ticker value="BJ0LZH7"/>
        </identifiers>
        <balance>37000000</balance>
        <units>PA</units>
        <currencyConditional curCd="DOP" exchangeRt="59.3650"/>
        <valUSD>626227.10</valUSD>
        <pctVal>0.7198625352</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>DO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.75</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>BP CAPITAL MARKETS PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP Capital Markets PLC</title>
        <cusip>G1279ML95</cusip>
        <identifiers>
          <isin value="XS2193661324"/>
          <ticker value="BL57NX6"/>
        </identifiers>
        <balance>1000000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8520"/>
        <valUSD>1173620.89</valUSD>
        <pctVal>1.3491043572</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2169-06-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.25</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>QUEENSLAND TREASURY CORP</name>
        <lei>98INKCEEHOU5YJS0HQ88</lei>
        <title>Queensland Treasury Corp.</title>
        <cusip>Q7943QD89</cusip>
        <identifiers>
          <isin value="AU0000079402"/>
          <ticker value="BLNVDM9"/>
        </identifiers>
        <balance>6750000</balance>
        <units>PA</units>
        <currencyConditional curCd="AUD" exchangeRt="1.3890"/>
        <valUSD>3657489.20</valUSD>
        <pctVal>4.2043684278</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="OTHER-Non US Reg. Govt" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.75</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>MEX BONOS DESARR FIX RT</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexican Bonos</title>
        <cusip>P4R07XEY8</cusip>
        <identifiers>
          <isin value="MX0MGO0000U2"/>
          <ticker value="BLT1SS4"/>
        </identifiers>
        <balance>45000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MXN" exchangeRt="17.4685"/>
        <valUSD>2361492.11</valUSD>
        <pctVal>2.7145897983</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-23</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BONCER</name>
        <lei>549300KPBYGYF7HCHO27</lei>
        <title>Argentina Treasury Bond BONCER</title>
        <cusip>P8S090UL8</cusip>
        <identifiers>
          <isin value="ARARGE3209W8"/>
          <ticker value="BMC3884"/>
        </identifiers>
        <balance>19200000</balance>
        <units>PA</units>
        <currencyConditional curCd="ARS" exchangeRt="1392.4971"/>
        <valUSD>185726.78</valUSD>
        <pctVal>0.2134972292</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>AR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-09</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2</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>MALAYSIA GOVERNMENT</name>
        <lei>254900GSIL471JOBYY43</lei>
        <title>Malaysia Government Bond</title>
        <cusip>Y2R35QHH7</cusip>
        <identifiers>
          <isin value="MYBMO2000028"/>
          <ticker value="BMD9C89"/>
        </identifiers>
        <balance>10000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MYR" exchangeRt="3.9715"/>
        <valUSD>2437003.65</valUSD>
        <pctVal>2.8013920600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-04-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.6320</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>INTL FINANCE CORP</name>
        <lei>QKL54NQY28TCDAI75F60</lei>
        <title>International Finance Corp.</title>
        <cusip>U4R843WV0</cusip>
        <identifiers>
          <isin value="XS2177447179"/>
          <ticker value="BMHKNK7"/>
        </identifiers>
        <balance>16000000</balance>
        <units>PA</units>
        <currencyConditional curCd="BRL" exchangeRt="4.9518"/>
        <valUSD>2043701.28</valUSD>
        <pctVal>2.3492818892</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="OTHER-SUPRA" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-05-20</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</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>VOLKSWAGEN INTL FIN NV</name>
        <lei>5299004PWNHKYTR23649</lei>
        <title>Volkswagen International Finance N.V.</title>
        <cusip>N93695TE9</cusip>
        <identifiers>
          <isin value="XS2187689380"/>
          <ticker value="BMTCWT3"/>
        </identifiers>
        <balance>1300000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8520"/>
        <valUSD>1486954.34</valUSD>
        <pctVal>1.7092884049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-17</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>3.8750</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>INTER-AMERICAN DEVEL BK</name>
        <lei>VKU1UKDS9E7LYLMACP54</lei>
        <title>Inter-American Development Bank</title>
        <cusip>U4582NKX1</cusip>
        <identifiers>
          <isin value="XS2406749478"/>
          <ticker value="BMWS3H3"/>
        </identifiers>
        <balance>41500000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="17310"/>
        <valUSD>2386190.06</valUSD>
        <pctVal>2.7429806631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="OTHER-SUPRA" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-11-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.10</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>BONOS TESORERIA PESOS</name>
        <lei>549300FLZTJM5YJF8D34</lei>
        <title>Bonos de la Tesoreria de la Republica en pesos</title>
        <cusip>P3718SBL1</cusip>
        <identifiers>
          <isin value="CL0002839505"/>
          <ticker value="BMXCSY6"/>
        </identifiers>
        <balance>2520000000</balance>
        <units>PA</units>
        <currencyConditional curCd="CLP" exchangeRt="899.81"/>
        <valUSD>2896225.83</valUSD>
        <pctVal>3.3292785771</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</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>EUROPEAN BK RECON &amp; DEV</name>
        <lei>549300HTGDOVDU6OGK19</lei>
        <title>European Bank for Reconstruction &amp; Development</title>
        <cusip>G315BB2S6</cusip>
        <identifiers>
          <isin value="XS2264189205"/>
          <ticker value="BNG8H85"/>
        </identifiers>
        <balance>33000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MXN" exchangeRt="17.4685"/>
        <valUSD>1231494.98</valUSD>
        <pctVal>1.4156319622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="OTHER-SUPRA" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-12-03</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0</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>EUROPEAN BK RECON &amp; DEV</name>
        <lei>549300HTGDOVDU6OGK19</lei>
        <title>European Bank for Reconstruction &amp; Development</title>
        <cusip>G315GTBW3</cusip>
        <identifiers>
          <isin value="XS2403528347"/>
          <ticker value="BNVRZK5"/>
        </identifiers>
        <balance>10000000000</balance>
        <units>PA</units>
        <currencyConditional curCd="IDR" exchangeRt="17310"/>
        <valUSD>572621.61</valUSD>
        <pctVal>0.6582417846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="OTHER-SUPRA" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.1250</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>EUROPEAN BK RECON &amp; DEV</name>
        <lei>549300HTGDOVDU6OGK19</lei>
        <title>European Bank for Reconstruction &amp; Development</title>
        <cusip>G315GTAY0</cusip>
        <identifiers>
          <isin value="XS2400455163"/>
          <ticker value="BP4DN55"/>
        </identifiers>
        <balance>190000000</balance>
        <units>PA</units>
        <currencyConditional curCd="INR" exchangeRt="94.9138"/>
        <valUSD>1962947.12</valUSD>
        <pctVal>2.2564531146</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="OTHER-SUPRA" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-10-26</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.30</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>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>Asian Development Bank</title>
        <cusip>Y000A93A8</cusip>
        <identifiers>
          <isin value="XS2373163711"/>
          <ticker value="BP6M6Y0"/>
        </identifiers>
        <balance>7000000</balance>
        <units>PA</units>
        <currencyConditional curCd="BRL" exchangeRt="4.9518"/>
        <valUSD>1183135.43</valUSD>
        <pctVal>1.3600415410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="OTHER-SUPRA" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>THAILAND GOVERNMENT BOND</name>
        <lei>254900PHJ6MSKT6C7026</lei>
        <title>Thailand Government Bond</title>
        <cusip>Y6065BRA7</cusip>
        <identifiers>
          <isin value="TH0623A3H605"/>
          <ticker value="BPVGVM0"/>
        </identifiers>
        <balance>47000000</balance>
        <units>PA</units>
        <currencyConditional curCd="THB" exchangeRt="32.5975"/>
        <valUSD>1584787.08</valUSD>
        <pctVal>1.8217494023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-06-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.39</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>INTL BK RECON &amp; DEVELOP</name>
        <lei>ZTMSNXROF84AHWJNKQ93</lei>
        <title>International Bank for Reconstruction &amp; Development</title>
        <cusip>U4586HNU3</cusip>
        <identifiers>
          <isin value="XS2439526547"/>
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        <assetCat>DBT</assetCat>
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        <invCountry>XX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
        <name>AMERICA MOVIL SAB DE CV</name>
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          <isin value="XS2645737003"/>
          <ticker value="BR2QDJ4"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MALAYSIA GOVERNMENT</name>
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          <isin value="MYBMN2500029"/>
          <ticker value="BRV42N6"/>
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        <pctVal>1.2223118412</pctVal>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-07-02</maturityDt>
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      <invstOrSec>
        <name>BOSTON BIDCO NL BV</name>
        <lei>894500SVGSGQSFLX8P90</lei>
        <title>Boston Bidco Netherlands B.V.</title>
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          <isin value="NO0013738609"/>
          <ticker value="DG766455"/>
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        <invCountry>NL</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-03-31</maturityDt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CCIT GROUP A/S</name>
        <lei>6367002JYDB456K7AJ78</lei>
        <title>Ccit Group A/S</title>
        <cusip>K1762ZAA4</cusip>
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          <isin value="NO0013741793"/>
          <ticker value="CCIGRP"/>
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        <balance>1400000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.8520"/>
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        <pctVal>1.8888877719</pctVal>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-05-11</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EURO CURRENCY  /</name>
        <lei>N/A</lei>
        <title>EURO CURRENCY  /</title>
        <cusip>999999999</cusip>
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          <ticker value="EUR"/>
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        <balance>1400000.39</balance>
        <units>OU</units>
        <descOthUnits>Currency</descOthUnits>
        <currencyConditional curCd="EUR" exchangeRt="0.8520"/>
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        <assetCat>STIV</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hycroft Mining Holding Corp</name>
        <lei>N/A</lei>
        <title>Hycroft Mining Holding Corp. - Class A</title>
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          <isin value="US44862P2083"/>
          <ticker value="HYMC"/>
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        <balance>118</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4302.28</valUSD>
        <pctVal>0.0049455704</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>MEXICAN PESO  /</name>
        <lei>N/A</lei>
        <title>MEXICAN PESO  /</title>
        <cusip>999999999</cusip>
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          <ticker value="MXN"/>
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        <balance>3355430.91</balance>
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        <descOthUnits>Currency</descOthUnits>
        <currencyConditional curCd="MXN" exchangeRt="17.4685"/>
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        <pctVal>0.2208057593</pctVal>
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        <assetCat>STIV</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MALAYSIAN RINGGIT  /</name>
        <lei>N/A</lei>
        <title>MALAYSIAN RINGGIT  /</title>
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          <ticker value="MYR"/>
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        <balance>337881.19</balance>
        <units>OU</units>
        <descOthUnits>Currency</descOthUnits>
        <currencyConditional curCd="MYR" exchangeRt="3.9715"/>
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        <pctVal>0.0977973700</pctVal>
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        <assetCat>STIV</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>MY</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>NORWEGIAN KRONE  /</name>
        <lei>N/A</lei>
        <title>NORWEGIAN KRONE  /</title>
        <cusip>999999999</cusip>
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          <ticker value="NOK$"/>
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        <balance>9300.44</balance>
        <units>OU</units>
        <descOthUnits>Currency</descOthUnits>
        <currencyConditional curCd="NOK" exchangeRt="9.2647"/>
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        <assetCat>STIV</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NEW ZEALAND DOLLAR  /</name>
        <lei>N/A</lei>
        <title>NEW ZEALAND DOLLAR  /</title>
        <cusip>999999999</cusip>
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          <ticker value="NZD"/>
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        <balance>72644.25</balance>
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        <assetCat>STIV</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>NZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>POLISH ZLOTY  /</name>
        <lei>N/A</lei>
        <title>POLISH ZLOTY  /</title>
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          <ticker value="PLN"/>
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        <balance>15000</balance>
        <units>OU</units>
        <descOthUnits>Currency</descOthUnits>
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        <assetCat>STIV</assetCat>
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        <invCountry>PL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LIME PETROLEUM HOLD ZERO COUPON 12.31.99   /</name>
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        <title>LIME PETROLEUM HOLD ZERO COUPON 12.31.99   /</title>
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          <isin value="NO0013711788"/>
          <ticker value="LIMPET"/>
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        <balance>295577</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.2647"/>
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        <pctVal>0.0366738916</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2099-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>0</annualizedRt>
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        <name>LIME PETROLEUM HOLD ZERO COUPON 12.31.99   /</name>
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          <isin value="NO0013712463"/>
          <ticker value="LIMPET"/>
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        <currencyConditional curCd="NOK" exchangeRt="9.2647"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>NO</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0</annualizedRt>
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        <name>LIME PETROLEUM HOLD ZERO COUPON 12.31.99   /</name>
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          <isin value="NO0013740399"/>
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        <fairValLevel>2</fairValLevel>
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        <name>LIME PETROLEUM HOLD ZERO COUPON 12.31.99   /</name>
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          <isin value="NO0013740969"/>
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        <currencyConditional curCd="NOK" exchangeRt="9.2647"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>0</annualizedRt>
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      <invstOrSec>
        <name>FORCE BIDCO A/S</name>
        <lei>9845007BA4ZD9CCR8846</lei>
        <title>Force Bidco A/S</title>
        <cusip>K36017AB5</cusip>
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          <isin value="SE0024321491"/>
          <ticker value="YQ756168"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.8520"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>DK</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>LIME PETROLEUM AS</name>
        <lei>636700HIMIHAGF2I8035</lei>
        <title>Lime Petroleum A.S.</title>
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          <isin value="NO0013276410"/>
          <ticker value="YW171386"/>
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        <balance>4700000</balance>
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        <currencyConditional curCd="NOK" exchangeRt="9.2647"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <annualizedRt>12</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GENTOO MEDIA PLC</name>
        <lei>213800UCC6GA967UCS06</lei>
        <title>Gentoo Media PLC</title>
        <cusip>X3R8C1AF3</cusip>
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          <isin value="NO0013095687"/>
          <ticker value="GIGNO"/>
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        <balance>9000000</balance>
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        <currencyConditional curCd="SEK" exchangeRt="9.2328"/>
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        <pctVal>1.0981277656</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TOTALENERGIES SE</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Federated Hermes Treasury Obli</name>
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          <ticker value="TOIXX"/>
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        <fairValLevel>1</fairValLevel>
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        <name>DUETT SOFTWARE GROUP AS</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <title>AUSTRALIAN DOLLAR  /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="AUD$"/>
        </identifiers>
        <balance>59062.50</balance>
        <units>OU</units>
        <descOthUnits>Currency</descOthUnits>
        <currencyConditional curCd="AUD" exchangeRt="1.3890"/>
        <valUSD>42521.60</valUSD>
        <pctVal>0.0488795627</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FED REPUBLIC OF BRAZIL</name>
        <lei>254900ZFY40OYEADAP90</lei>
        <title>Brazilian Government International Bond</title>
        <cusip>105756BN9</cusip>
        <identifiers>
          <isin value="US105756BN96"/>
          <ticker value="B1RB7L2"/>
        </identifiers>
        <balance>6000000</balance>
        <units>PA</units>
        <currencyConditional curCd="BRL" exchangeRt="4.9518"/>
        <valUSD>1208893.74</valUSD>
        <pctVal>1.3896513141</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-01-10</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>10.25</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>REPUBLIC OF COLOMBIA</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>Colombia Government International Bond</title>
        <cusip>P3772NBA9</cusip>
        <identifiers>
          <isin value="XS0306322065"/>
          <ticker value="B1YXLB9"/>
        </identifiers>
        <balance>11300000000</balance>
        <units>PA</units>
        <currencyConditional curCd="COP" exchangeRt="3638.49"/>
        <valUSD>3059117.33</valUSD>
        <pctVal>3.5165261238</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-28</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.85</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>REPUBLIC OF PHILIPPINES</name>
        <lei>529900RAHBALMYIJ3T08</lei>
        <title>Philippine Government International Bond</title>
        <cusip>718286BM8</cusip>
        <identifiers>
          <isin value="US718286BM88"/>
          <ticker value="B3LJ4G0"/>
        </identifiers>
        <balance>165000000</balance>
        <units>PA</units>
        <currencyConditional curCd="PHP" exchangeRt="61.4750"/>
        <valUSD>2584121.43</valUSD>
        <pctVal>2.9705073508</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-01-14</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.25</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>MEX BONOS DESARR FIX RT</name>
        <lei>254900EGTWEU67VP6075</lei>
        <title>Mexican Bonos</title>
        <cusip>P9767HEK1</cusip>
        <identifiers>
          <isin value="MX0MGO0000P2"/>
          <ticker value="B6TC406"/>
        </identifiers>
        <balance>19000000</balance>
        <units>PA</units>
        <currencyConditional curCd="MXN" exchangeRt="17.4685"/>
        <valUSD>1044702.52</valUSD>
        <pctVal>1.2009097092</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-29</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75</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>SINGAPORE GOVERNMENT</name>
        <lei>549300ZSV6VOGFH1ER70</lei>
        <title>Singapore Government Bond</title>
        <cusip>V81778CZ9</cusip>
        <identifiers>
          <isin value="SG3261987691"/>
          <ticker value="B9L2YV6"/>
        </identifiers>
        <balance>1500000</balance>
        <units>PA</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2728"/>
        <valUSD>1289990.57</valUSD>
        <pctVal>1.4828739958</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.3750</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>SINGAPORE GOVERNMENT</name>
        <lei>549300ZSV6VOGFH1ER70</lei>
        <title>Singapore Government Bond</title>
        <cusip>V81778GB8</cusip>
        <identifiers>
          <isin value="SG31A8000003"/>
          <ticker value="BD1RKM2"/>
        </identifiers>
        <balance>2000000</balance>
        <units>PA</units>
        <currencyConditional curCd="SGD" exchangeRt="1.2728"/>
        <valUSD>1572583.28</valUSD>
        <pctVal>1.8077208519</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>SG</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.1250</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>REPUBLIC OF TURKIYE</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>Turkiye Government International Bond</title>
        <cusip>M88269UU3</cusip>
        <identifiers>
          <isin value="XS3123715297"/>
          <ticker value="BVN3XS1"/>
        </identifiers>
        <balance>1700000</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt="0.8520"/>
        <valUSD>2021102.46</valUSD>
        <pctVal>2.3233040229</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-17</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.20</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>ASIAN DEVELOPMENT BANK</name>
        <lei>549300X0MVH42CY8Q105</lei>
        <title>Asian Development Bank</title>
        <cusip>Y000A9HC9</cusip>
        <identifiers>
          <isin value="XS1496739464"/>
          <ticker value="BYVQYB3"/>
        </identifiers>
        <balance>132000000</balance>
        <units>PA</units>
        <currencyConditional curCd="INR" exchangeRt="94.9138"/>
        <valUSD>1379836.40</valUSD>
        <pctVal>1.5861538554</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerConditional desc="OTHER-SUPRA" issuerCat="OTHER"/>
        <invCountry>XX</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-10-06</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.20</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>AKER ASA</name>
        <lei>5967007LIEEXZXJ10071</lei>
        <title>Aker A.S.A.</title>
        <cusip>R0112HAQ1</cusip>
        <identifiers>
          <isin value="NO0012708801"/>
          <ticker value="AKERNO"/>
        </identifiers>
        <balance>5000000</balance>
        <units>PA</units>
        <currencyConditional curCd="NOK" exchangeRt="9.2647"/>
        <valUSD>542833.55</valUSD>
        <pctVal>0.6239997207</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.2750</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>CANADIAN DOLLARS  /</name>
        <lei>N/A</lei>
        <title>CANADIAN DOLLARS  /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="CAD"/>
        </identifiers>
        <balance>49650</balance>
        <units>OU</units>
        <descOthUnits>Currency</descOthUnits>
        <currencyConditional curCd="CAD" exchangeRt="1.3584"/>
        <valUSD>36550.35</valUSD>
        <pctVal>0.0420154727</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWISS FRANC  /</name>
        <lei>N/A</lei>
        <title>SWISS FRANC  /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="CHF"/>
        </identifiers>
        <balance>17656.25</balance>
        <units>OU</units>
        <descOthUnits>Currency</descOthUnits>
        <currencyConditional curCd="CHF" exchangeRt="0.7814"/>
        <valUSD>22595.66</valUSD>
        <pctVal>0.0259742338</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>CH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHILEAN PESOS  /</name>
        <lei>N/A</lei>
        <title>CHILEAN PESOS  /</title>
        <cusip>999999999</cusip>
        <identifiers>
          <ticker value="CLP$"/>
        </identifiers>
        <balance>335232000</balance>
        <units>OU</units>
        <descOthUnits>Currency</descOthUnits>
        <currencyConditional curCd="CLP" exchangeRt="899.81"/>
        <valUSD>372558.65</valUSD>
        <pctVal>0.4282647849</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerConditional desc="Currency" issuerCat="OTHER"/>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="The fund is reporting returns without deducting sales loads and redemption fees, if applicable." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2026-05-06</ncom:dateSigned>
      <ncom:nameOfApplicant>INVESTMENT MANAGERS SERIES TRUST</ncom:nameOfApplicant>
      <ncom:signature>/s/ Maureen Quill</ncom:signature>
      <ncom:signerName>Maureen Quill</ncom:signerName>
      <ncom:title>President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
