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      <invstOrSec>
        <name>FXO EURHUF PUT 372 050626</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO EURHUF PUT 373 120526</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO EURHUF PUT 373 120526</name>
        <lei>N/A</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>OTCEXCH</counterpartyName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO EURUSD PUT 1.15 05052</name>
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        <title>FXO EURUSD PUT 1.15 05052</title>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO EURUSD PUT 1.15 05052</name>
        <lei>N/A</lei>
        <title>FXO EURUSD PUT 1.15 05052</title>
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          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N81NRU"/>
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        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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              <indexBasketInfo>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDBRL CALL 5.1 25062</name>
        <lei>N/A</lei>
        <title>FXO USDBRL CALL 5.1 25062</title>
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        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N8CFUU"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <unrealizedAppr>-27.68</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDBRL CALL 5.1 25062</name>
        <lei>N/A</lei>
        <title>FXO USDBRL CALL 5.1 25062</title>
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        <identifiers>
          <isin value="N/A"/>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDBRL CALL 5.3 25062</name>
        <lei>N/A</lei>
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          <isin value="N/A"/>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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        <securityLending>
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      <invstOrSec>
        <name>FXO USDBRL CALL 5.3 25062</name>
        <lei>N/A</lei>
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          <isin value="N/A"/>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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        <securityLending>
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      <invstOrSec>
        <name>FXO USDBRL CALL 5.35 2906</name>
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          <isin value="N/A"/>
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        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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      <invstOrSec>
        <name>FXO USDBRL CALL 5.35 2906</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO USDBRL CALL 5.35 2906</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDBRL CALL 5.35 2906</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP CALL 4000 2205</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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            <delta>XXXX</delta>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP CALL 4000 2205</name>
        <lei>N/A</lei>
        <title>FXO USDCOP CALL 4000 2205</title>
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          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N7880U"/>
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        <balance>-28500</balance>
        <units>NC</units>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
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                <indexIdentifier>N/A</indexIdentifier>
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            <delta>XXXX</delta>
            <unrealizedAppr>289.52</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP CALL 4200 2705</name>
        <lei>N/A</lei>
        <title>FXO USDCOP CALL 4200 2705</title>
        <cusip>000000000</cusip>
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          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N6FH4U"/>
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        <balance>-12200</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <pctVal>-0.0000004899</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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                <indexIdentifier>N/A</indexIdentifier>
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            <delta>XXXX</delta>
            <unrealizedAppr>141.51</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP CALL 4200 2705</name>
        <lei>N/A</lei>
        <title>FXO USDCOP CALL 4200 2705</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N5USZU"/>
        </identifiers>
        <balance>-87000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-33.2</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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                <indexIdentifier>N/A</indexIdentifier>
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            <delta>XXXX</delta>
            <unrealizedAppr>1102.15</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP CALL 4200 2705</name>
        <lei>N/A</lei>
        <title>FXO USDCOP CALL 4200 2705</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N6C88U"/>
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        <balance>-3100</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <pctVal>-0.0000001240</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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            <delta>XXXX</delta>
            <unrealizedAppr>34.63</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP CALL 4200 2705</name>
        <lei>N/A</lei>
        <title>FXO USDCOP CALL 4200 2705</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N5USYU"/>
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        <balance>-78228</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-29.85</valUSD>
        <pctVal>-0.0000031378</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>991.03</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP PUT 3520 04052</name>
        <lei>N/A</lei>
        <title>FXO USDCOP PUT 3520 04052</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N6VFQU"/>
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        <balance>-94000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-.19</valUSD>
        <pctVal>-0.0000000200</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
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                <indexIdentifier>N/A</indexIdentifier>
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            <delta>XXXX</delta>
            <unrealizedAppr>753.69</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP PUT 3600 15052</name>
        <lei>N/A</lei>
        <title>FXO USDCOP PUT 3600 15052</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N88TGU"/>
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        <balance>-13000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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                <indexIdentifier>N/A</indexIdentifier>
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            <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP PUT 3600 15052</name>
        <lei>N/A</lei>
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          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N88THU"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
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            <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP PUT 3600 22052</name>
        <lei>N/A</lei>
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          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N78VZU"/>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDCOP PUT 3600 22052</name>
        <lei>N/A</lei>
        <title>FXO USDCOP PUT 3600 22052</title>
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        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N78WCU"/>
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        <curCd>USD</curCd>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>60.67</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDHUF PUT 320 120526</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N8450U"/>
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        <balance>-26000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-833.12</valUSD>
        <pctVal>-0.0000875770</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
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        <invCountry>CZ</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>OTCEXCH</counterpartyName>
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            <putOrCall>Call</putOrCall>
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                    <counterpartyName>JP Morgan International Bank Ltd</counterpartyName>
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                    <lei>N/A</lei>
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                  <rcptCurCd>CZK</rcptCurCd>
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                  <curCd>CZK</curCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>150.5</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO EUR RCV 3.2 PAY EURIB</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <descRefInstrmnt>
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                    <counterpartyName>Deutsche Bank AG</counterpartyName>
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                  <derivAddlInfo>
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                    <lei>N/A</lei>
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                  <curCd>EUR</curCd>
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              </nestedDerivInfo>
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            <unrealizedAppr>-11870.44</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>OTCEXCH</counterpartyName>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
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                    <counterpartyName>CITIBANK NA - LONDON</counterpartyName>
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                  </counterparties>
                  <derivAddlInfo>
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                    <lei>N/A</lei>
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                    <identifiers>
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                  <fixedRecDesc amount="0" curCd="EUR" fixedOrFloating="Fixed" fixedRt="3.31"/>
                  <floatingPmntDesc curCd="EUR" fixedOrFloating="Floating" floatingRtIndex="EURIB" floatingRtSpread="0" pmntAmt="0">
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                  <pmntCurCd>EUR</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>EUR</rcptCurCd>
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                  <curCd>EUR</curCd>
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              </nestedDerivInfo>
            </descRefInstrmnt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-3652.02</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO EUR RCV 3.4 PAY EURIB</name>
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        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
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                  <derivAddlInfo>
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                    <identifiers>
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                    <issuerCat>CORP</issuerCat>
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                  <floatingPmntDesc curCd="EUR" fixedOrFloating="Floating" floatingRtIndex="EURIB" floatingRtSpread="0" pmntAmt="0">
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                  <upfrontRcpt>0</upfrontRcpt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-2752.45</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO GBP RCV 4.15 PAY SONI</name>
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        <title>SWO GBP RCV 4.15 PAY SONI</title>
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        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>OTCEXCH</counterpartyName>
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            </counterparties>
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            <descRefInstrmnt>
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                  <derivAddlInfo>
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          </optionSwaptionWarrantDeriv>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            </counterparties>
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                  <derivAddlInfo>
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                    <identifiers>
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            <delta>XXXX</delta>
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          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO GBP RCV SONIA 1D PAY</name>
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        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>OTCEXCH</counterpartyName>
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            </counterparties>
            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
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                  <derivAddlInfo>
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                    <identifiers>
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                    <assetCat>DIR</assetCat>
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                  <floatingRecDesc curCd="GBP" fixedOrFloating="Floating" floatingRtIndex="SONIA" floatingRtSpread="0" pmntAmt="0">
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                  <upfrontRcpt>0</upfrontRcpt>
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                  <notionalAmt>-4994000</notionalAmt>
                  <curCd>GBP</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>3.650000000000</exercisePrice>
            <exercisePriceCurCd>GBP</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>1660.01</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO JPY RCV 1.1 PAY TONAR</name>
        <lei>N/A</lei>
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          <isin value="N/A"/>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>OTCEXCH</counterpartyName>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
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                  <derivAddlInfo>
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                    <lei>N/A</lei>
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                    <balance>322730000</balance>
                    <units>OU</units>
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                  <fixedRecDesc amount="0" curCd="JPY" fixedOrFloating="Fixed" fixedRt="1.1"/>
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                  <upfrontRcpt>0</upfrontRcpt>
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                  <curCd>JPY</curCd>
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              </nestedDerivInfo>
            </descRefInstrmnt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-424.94</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 3 PAY SOFR 1D</name>
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          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N61KCU"/>
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        <units>NC</units>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
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                    <counterpartyName>Goldman Sachs International</counterpartyName>
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                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 3 PAY SOFR 1D</name>
                    <lei>N/A</lei>
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                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N61KCU_ref"/>
                    </identifiers>
                    <balance>14715375</balance>
                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
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                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="3"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
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                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
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                  </floatingPmntDesc>
                  <terminationDt>2027-06-10</terminationDt>
                  <upfrontPmnt>0</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
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                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-06-08</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-17552.52</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 3.5 PAY SOFR</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N61KDU"/>
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        <balance>-14715375</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
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                    <counterpartyName>Goldman Sachs International</counterpartyName>
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                  <derivAddlInfo>
                    <name>SWO USD RCV 3.5 PAY SOFR</name>
                    <lei>N/A</lei>
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                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N61KDU_ref"/>
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                    <balance>-14715375</balance>
                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
                    <curCd>USD</curCd>
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                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
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                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="3.5"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
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                  <terminationDt>2027-06-10</terminationDt>
                  <upfrontPmnt>0</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>-14715375</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
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            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>-23109.81</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 3.55 PAY SOFR</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N5ENXU"/>
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        <balance>2972000</balance>
        <units>NC</units>
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        <valUSD>.03</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
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                  <derivAddlInfo>
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                    <lei>N/A</lei>
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                    <identifiers>
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                    <balance>2972000</balance>
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                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
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                  <terminationDt>2056-05-04</terminationDt>
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                  <pmntCurCd>USD</pmntCurCd>
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                  <rcptCurCd>USD</rcptCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>-37865.68</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 3.7 PAY SOFR</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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              <counterpartyName>OTCEXCH</counterpartyName>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
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                <swapDeriv derivCat="SWP">
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                  <derivAddlInfo>
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                    <lei>N/A</lei>
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                    <identifiers>
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          </optionSwaptionWarrantDeriv>
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      <invstOrSec>
        <name>SWO USD RCV 3.707 PAY SOF</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
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                <swapDeriv derivCat="SWP">
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                    <counterpartyName>CITIBANK NA - LONDON</counterpartyName>
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                  </counterparties>
                  <derivAddlInfo>
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                    <lei>N/A</lei>
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                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N7CF1U_ref"/>
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                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
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                  <pmntCurCd>USD</pmntCurCd>
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                  <rcptCurCd>USD</rcptCurCd>
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                  <curCd>USD</curCd>
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              </nestedDerivInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-11154.62</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 3.8 PAY SOFR</name>
        <lei>N/A</lei>
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        <identifiers>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
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      <invstOrSec>
        <name>SWO USD RCV 3.85 PAY SOFR</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SWO USD RCV 3.872 PAY SOF</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>SWO_CDX ITRAXX EUROPE CRO</name>
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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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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <name>FXODIG USDINR CALL 97 05</name>
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      <invstOrSec>
        <name>FXO USDBRL CALL 5.35 2906</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO USDBRL CALL 5.65 0405</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO USDBRL CALL 5.65 0405</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO USDBRL PUT 5.15 04052</name>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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      <invstOrSec>
        <name>FXO USDBRL PUT 5.25 29062</name>
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          <isin value="N/A"/>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>OTCEXCH</counterpartyName>
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      <invstOrSec>
        <name>FXO USDBRL PUT 5.25 29062</name>
        <lei>N/A</lei>
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          <isin value="N/A"/>
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        <assetCat>DFE</assetCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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      <invstOrSec>
        <name>FXO USDBRL PUT 5.35 29062</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO USDCLP CALL 905 15052</name>
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          <isin value="N/A"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO USDCLP CALL 910 14052</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO USDCLP PUT 875 030626</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FXO USDCLP PUT 875 030626</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <name>CALL JUN 26 EMINI CALL JU</name>
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      <invstOrSec>
        <name>SWO USD RCV 4 PAY SOFR 1D</name>
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        <fairValLevel>2</fairValLevel>
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        <securityLending>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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          </optionSwaptionWarrantDeriv>
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        <securityLending>
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      <invstOrSec>
        <name>SWO USD RCV 4.03 PAY SOFR</name>
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        <fairValLevel>2</fairValLevel>
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        </derivativeInfo>
        <securityLending>
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      <invstOrSec>
        <name>SWO USD RCV 4.05 PAY SOFR</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <unrealizedAppr>-36102.49</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
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      <invstOrSec>
        <name>SWO USD RCV 3.35 PAY SOFR</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
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            <curCd>USD</curCd>
            <exercisePrice>94.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-22</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>105.94</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDINR PUT 94 220526</name>
        <lei>N/A</lei>
        <title>FXO USDINR PUT 94 220526</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N8BYXU"/>
        </identifiers>
        <balance>-26000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-42.1</valUSD>
        <pctVal>-0.0000044255</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
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            <exercisePrice>94.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>105.94</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDKRW CALL 1600 0405</name>
        <lei>N/A</lei>
        <title>FXO USDKRW CALL 1600 0405</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N8201U"/>
        </identifiers>
        <balance>320000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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            <curCd>USD</curCd>
            <exercisePrice>1600.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-04</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-163.2</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDKRW CALL 1600 0405</name>
        <lei>N/A</lei>
        <title>FXO USDKRW CALL 1600 0405</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N7XSTU"/>
        </identifiers>
        <balance>-320000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>0</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
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            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>1600.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-04</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>795.57</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDMXN CALL 18.05 040</name>
        <lei>N/A</lei>
        <title>FXO USDMXN CALL 18.05 040</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N6VHGU"/>
        </identifiers>
        <balance>-375852</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-28.26</valUSD>
        <pctVal>-0.0000029707</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>18.050000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-04</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>2454.24</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDMXN CALL 18.05 040</name>
        <lei>N/A</lei>
        <title>FXO USDMXN CALL 18.05 040</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N88TKU"/>
        </identifiers>
        <balance>375852</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>28.26</valUSD>
        <pctVal>0.0000029707</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
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            <curCd>USD</curCd>
            <exercisePrice>18.050000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-04</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-313.77</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDMXN PUT 17.55 1405</name>
        <lei>N/A</lei>
        <title>FXO USDMXN PUT 17.55 1405</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N7KETU"/>
        </identifiers>
        <balance>-620000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5734.75</valUSD>
        <pctVal>-0.0006028333</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>17.550000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-14</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>620.25</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDTHB CALL 32.5 2205</name>
        <lei>N/A</lei>
        <title>FXO USDTHB CALL 32.5 2205</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N85JDU"/>
        </identifiers>
        <balance>17000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>172.23</valUSD>
        <pctVal>0.0000181047</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
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            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>32.500000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-22</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>42.69</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDTHB CALL 32.5 2205</name>
        <lei>N/A</lei>
        <title>FXO USDTHB CALL 32.5 2205</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N85JAU"/>
        </identifiers>
        <balance>26000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>263.41</valUSD>
        <pctVal>0.0000276895</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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            <exercisePrice>32.500000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-22</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>65.29</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDTHB CALL 32.7 2205</name>
        <lei>N/A</lei>
        <title>FXO USDTHB CALL 32.7 2205</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N8AY6U"/>
        </identifiers>
        <balance>34000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>254.39</valUSD>
        <pctVal>0.0000267413</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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                <indexIdentifier>N/A</indexIdentifier>
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            <expDt>2026-05-22</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>64.33</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDTHB CALL 32.7 2205</name>
        <lei>N/A</lei>
        <title>FXO USDTHB CALL 32.7 2205</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N8AY7U"/>
        </identifiers>
        <balance>52000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>389.06</valUSD>
        <pctVal>0.0000408977</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
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            <curCd>USD</curCd>
            <exercisePrice>32.700000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-22</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>98.38</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDZAR CALL 16.74 040</name>
        <lei>N/A</lei>
        <title>FXO USDZAR CALL 16.74 040</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N6VFUU"/>
        </identifiers>
        <balance>-375000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-983.7</valUSD>
        <pctVal>-0.0001034059</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>16.740000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-05-04</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>2185.43</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXO USDZAR CALL 17.4 2809</name>
        <lei>N/A</lei>
        <title>FXO USDZAR CALL 17.4 2809</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N7ULNU"/>
        </identifiers>
        <balance>-13000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-271.17</valUSD>
        <pctVal>-0.0000285052</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
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            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>17.400000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2026-09-28</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>242.43</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FXODIG USDINR PUT 89 110</name>
        <lei>N/A</lei>
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          <isin value="N/A"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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            <delta>XXXX</delta>
            <unrealizedAppr>-1213.99</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FXODIG USDINR PUT 89 110</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>FXODIG USDINR PUT 93 051</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N8ANRU"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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            <curCd>USD</curCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>1079.05</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXODIG USDINR PUT 93 051</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N81NLU"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-815.05</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXODIG USDINR PUT 94 260</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N8CZDU"/>
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        <balance>3000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>479.07</valUSD>
        <pctVal>0.0000503595</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>94.000000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-04-26</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-116.43</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 3.95 PAY SOFR</name>
        <lei>N/A</lei>
        <title>SWO USD RCV 3.95 PAY SOFR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N7UAZU"/>
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        <units>NC</units>
        <curCd>USD</curCd>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
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                    <counterpartyName>Toronto Dominion Bank</counterpartyName>
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                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 3.95 PAY SOFR</name>
                    <lei>N/A</lei>
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                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N7UAZU_ref"/>
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                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
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                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="3.95"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
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                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
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                  <upfrontPmnt>0</upfrontPmnt>
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                  <rcptCurCd>USD</rcptCurCd>
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              </nestedDerivInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>1822.48</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 3.95 PAY SOFR</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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                    <counterpartyName>JPMorgan Chase Bank N.A.</counterpartyName>
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                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 3.95 PAY SOFR</name>
                    <lei>N/A</lei>
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            <delta>XXXX</delta>
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          </optionSwaptionWarrantDeriv>
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        <securityLending>
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      <invstOrSec>
        <name>SWO USD RCV 3.95 PAY SOFR</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SWO USD RCV 3.95 PAY SOFR</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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                    <counterpartyName>Citibank N.A.</counterpartyName>
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                  <derivAddlInfo>
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                    <lei>N/A</lei>
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            <delta>XXXX</delta>
            <unrealizedAppr>7071.48</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
        <name>FXO EURHUF CALL 410 08062</name>
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      <invstOrSec>
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        <name>FXO EURHUF CALL 410 08062</name>
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      <invstOrSec>
        <name>FXO EURHUF PUT 365 120526</name>
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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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              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
                  <counterparties>
                    <counterpartyName>Bank Of America N.A. (DERIV)</counterpartyName>
                    <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 4.063 PAY SOF</name>
                    <lei>N/A</lei>
                    <title>SWO USD RCV 4.063 PAY SOF</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N82F0U_ref"/>
                    </identifiers>
                    <balance>-3063000</balance>
                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
                    <curCd>USD</curCd>
                    <valUSD>-113463.93</valUSD>
                    <pctVal>-0.000119272565</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.063"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
                    <rtResetTenors>
                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
                    </rtResetTenors>
                  </floatingPmntDesc>
                  <terminationDt>2038-04-11</terminationDt>
                  <upfrontPmnt>0</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>-3063000</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>4.063000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2028-04-07</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-3655.38</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 4.075 PAY SOF</name>
        <lei>N/A</lei>
        <title>SWO USD RCV 4.075 PAY SOF</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N82M8U"/>
        </identifiers>
        <balance>-3063000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-112084.05</valUSD>
        <pctVal>-0.0117822044</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
                  <counterparties>
                    <counterpartyName>Bank Of America N.A. (DERIV)</counterpartyName>
                    <counterpartyLei>B4TYDEB6GKMZO031MB27</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 4.075 PAY SOF</name>
                    <lei>N/A</lei>
                    <title>SWO USD RCV 4.075 PAY SOF</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N82M8U_ref"/>
                    </identifiers>
                    <balance>-3063000</balance>
                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
                    <curCd>USD</curCd>
                    <valUSD>-112084.05</valUSD>
                    <pctVal>-0.000117822044</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.075"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
                    <rtResetTenors>
                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
                    </rtResetTenors>
                  </floatingPmntDesc>
                  <terminationDt>2038-04-11</terminationDt>
                  <upfrontPmnt>0</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>-3063000</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>4.075000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2028-04-07</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-2275.5</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 4.093 PAY SOF</name>
        <lei>N/A</lei>
        <title>SWO USD RCV 4.093 PAY SOF</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N8EQPU"/>
        </identifiers>
        <balance>-1328000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-48579.04</valUSD>
        <pctVal>-0.0051065979</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
                  <counterparties>
                    <counterpartyName>JP Morgan International Bank Ltd</counterpartyName>
                    <counterpartyLei>N/A</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 4.093 PAY SOF</name>
                    <lei>N/A</lei>
                    <title>SWO USD RCV 4.093 PAY SOF</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N8EQPU_ref"/>
                    </identifiers>
                    <balance>-1328000</balance>
                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
                    <curCd>USD</curCd>
                    <valUSD>-48579.04</valUSD>
                    <pctVal>-0.000051065979</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.093"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
                    <rtResetTenors>
                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
                    </rtResetTenors>
                  </floatingPmntDesc>
                  <terminationDt>2038-05-02</terminationDt>
                  <upfrontPmnt>0</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>-1328000</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>4.093000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2028-04-28</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-2630.24</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 4.103 PAY SOF</name>
        <lei>N/A</lei>
        <title>SWO USD RCV 4.103 PAY SOF</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N6TL1U"/>
        </identifiers>
        <balance>-1707000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-56995.02</valUSD>
        <pctVal>-0.0059912804</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
                  <counterparties>
                    <counterpartyName>Deutsche Bank AG</counterpartyName>
                    <counterpartyLei>7LTWFZYICNSX8D621K86</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 4.103 PAY SOF</name>
                    <lei>N/A</lei>
                    <title>SWO USD RCV 4.103 PAY SOF</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N6TL1U_ref"/>
                    </identifiers>
                    <balance>-1707000</balance>
                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
                    <curCd>USD</curCd>
                    <valUSD>-56995.02</valUSD>
                    <pctVal>-0.000059912804</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.103"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
                    <rtResetTenors>
                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
                    </rtResetTenors>
                  </floatingPmntDesc>
                  <terminationDt>2038-02-02</terminationDt>
                  <upfrontPmnt>0</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>-1707000</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>4.103000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2028-01-31</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-1688.22</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 4.11 PAY SOFR</name>
        <lei>N/A</lei>
        <title>SWO USD RCV 4.11 PAY SOFR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N7VFJU"/>
        </identifiers>
        <balance>1682356</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>58034.22</valUSD>
        <pctVal>0.0061005205</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Call</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
                  <counterparties>
                    <counterpartyName>Deutsche Bank AG</counterpartyName>
                    <counterpartyLei>7LTWFZYICNSX8D621K86</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 4.11 PAY SOFR</name>
                    <lei>N/A</lei>
                    <title>SWO USD RCV 4.11 PAY SOFR</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N7VFJU_ref"/>
                    </identifiers>
                    <balance>1682356</balance>
                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
                    <curCd>USD</curCd>
                    <valUSD>58034.22</valUSD>
                    <pctVal>0.000061005205</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.11"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
                    <rtResetTenors>
                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
                    </rtResetTenors>
                  </floatingPmntDesc>
                  <terminationDt>2038-03-29</terminationDt>
                  <upfrontPmnt>0</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>1682356</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>4.110000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2028-03-27</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-7577.66</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 4.3 PAY SOFR</name>
        <lei>N/A</lei>
        <title>SWO USD RCV 4.3 PAY SOFR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N4UR9U"/>
        </identifiers>
        <balance>-15792000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-62173.1</valUSD>
        <pctVal>-0.0065355969</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
                  <counterparties>
                    <counterpartyName>Goldman Sachs International</counterpartyName>
                    <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 4.3 PAY SOFR</name>
                    <lei>N/A</lei>
                    <title>SWO USD RCV 4.3 PAY SOFR</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N4UR9U_ref"/>
                    </identifiers>
                    <balance>-15792000</balance>
                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
                    <curCd>USD</curCd>
                    <valUSD>-62173.10</valUSD>
                    <pctVal>-0.000065355969</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.3"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
                    <rtResetTenors>
                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
                    </rtResetTenors>
                  </floatingPmntDesc>
                  <terminationDt>2029-09-22</terminationDt>
                  <upfrontPmnt>0</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>-15792000</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>4.300000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-09-20</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-18271.34</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 4.5 PAY SOFR</name>
        <lei>N/A</lei>
        <title>SWO USD RCV 4.5 PAY SOFR</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N66BDU"/>
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        <balance>-9372000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-33785.12</valUSD>
        <pctVal>-0.0035514704</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
            </counterparties>
            <putOrCall>Put</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
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                    <counterpartyName>Deutsche Bank AG</counterpartyName>
                    <counterpartyLei>7LTWFZYICNSX8D621K86</counterpartyLei>
                  </counterparties>
                  <derivAddlInfo>
                    <name>SWO USD RCV 4.5 PAY SOFR</name>
                    <lei>N/A</lei>
                    <title>SWO USD RCV 4.5 PAY SOFR</title>
                    <cusip>000000000</cusip>
                    <identifiers>
                      <other otherDesc="NT_ID_REF" value="9N66BDU_ref"/>
                    </identifiers>
                    <balance>-9372000</balance>
                    <units>OU</units>
                    <descOthUnits>NOTIONAL</descOthUnits>
                    <curCd>USD</curCd>
                    <valUSD>-33785.12</valUSD>
                    <pctVal>-0.000035514704</pctVal>
                    <assetCat>DIR</assetCat>
                    <issuerCat>CORP</issuerCat>
                  </derivAddlInfo>
                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="4.5"/>
                  <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFR" floatingRtSpread="0" pmntAmt="0">
                    <rtResetTenors>
                      <rtResetTenor rateTenor="Month" rateTenorUnit="12" resetDt="Day" resetDtUnit="1"/>
                    </rtResetTenors>
                  </floatingPmntDesc>
                  <terminationDt>2029-12-20</terminationDt>
                  <upfrontPmnt>0</upfrontPmnt>
                  <pmntCurCd>USD</pmntCurCd>
                  <upfrontRcpt>0</upfrontRcpt>
                  <rcptCurCd>USD</rcptCurCd>
                  <notionalAmt>-9372000</notionalAmt>
                  <curCd>USD</curCd>
                </swapDeriv>
              </nestedDerivInfo>
            </descRefInstrmnt>
            <principalAmt>1</principalAmt>
            <curCd>USD</curCd>
            <exercisePrice>4.500000000000</exercisePrice>
            <exercisePriceCurCd>USD</exercisePriceCurCd>
            <expDt>2027-12-16</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-10167.68</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
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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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        <payoffProfile>N/A</payoffProfile>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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                  <fixedRecDesc amount="0" curCd="USD" fixedOrFloating="Fixed" fixedRt="3.685"/>
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              </nestedDerivInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-3038.18</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 3.685 PAY SOF</name>
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        <fairValLevel>2</fairValLevel>
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          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <putOrCall>Put</putOrCall>
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                  <derivAddlInfo>
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                    <lei>N/A</lei>
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            <delta>XXXX</delta>
            <unrealizedAppr>-1721.02</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>SWO USD RCV 3.71 PAY SOFR</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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                  <derivAddlInfo>
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                    <lei>N/A</lei>
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              </nestedDerivInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-1680</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV 3.95 PAY SOFR</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
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                  <derivAddlInfo>
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                    <lei>N/A</lei>
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            <delta>XXXX</delta>
            <unrealizedAppr>2115.86</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
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        <securityLending>
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      <invstOrSec>
        <name>SWO USD RCV 3.95 PAY SOFR</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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                    <lei>N/A</lei>
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              </nestedDerivInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-81.6</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXO USDZAR PUT 16.8 06052</name>
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          <isin value="N/A"/>
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        <units>NC</units>
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        <valUSD>407.05</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-84</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>FXODIG AUDUSD PUT 0.68 1</name>
        <lei>N/A</lei>
        <title>FXODIG AUDUSD PUT 0.68 1</title>
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          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N89DTU"/>
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        <balance>7000</balance>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
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              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
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            <delta>XXXX</delta>
            <unrealizedAppr>-190.74</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXODIG AUDUSD PUT 0.68 1</name>
        <lei>N/A</lei>
        <title>FXODIG AUDUSD PUT 0.68 1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N89DZU"/>
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        <balance>6000</balance>
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        <currencyConditional curCd="AUD" exchangeRt="1.3889853"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-163.5</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXODIG EURMXN PUT 19.8 1</name>
        <lei>N/A</lei>
        <title>FXODIG EURMXN PUT 19.8 1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N74DYU"/>
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        <balance>2000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
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        <pctVal>0.0000007148</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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            <exercisePrice>19.800000000000</exercisePrice>
            <exercisePriceCurCd>EUR</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>-267.56</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXODIG EURMXN PUT 19.8 1</name>
        <lei>N/A</lei>
        <title>FXODIG EURMXN PUT 19.8 1</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N74DZU"/>
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        <balance>4000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
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        <pctVal>0.0000014275</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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            <curCd>EUR</curCd>
            <exercisePrice>19.800000000000</exercisePrice>
            <exercisePriceCurCd>EUR</exercisePriceCurCd>
            <expDt>2026-05-14</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-535.15</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXODIG EURUSD PUT 1.125</name>
        <lei>N/A</lei>
        <title>FXODIG EURUSD PUT 1.125</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N7DLTU"/>
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        <balance>8000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
        <valUSD>185.84</valUSD>
        <pctVal>0.0000195354</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
            <writtenOrPur>Purchased</writtenOrPur>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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            <exercisePrice>1.125000000000</exercisePrice>
            <exercisePriceCurCd>EUR</exercisePriceCurCd>
            <expDt>2026-06-04</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-815.39</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXODIG EURUSD PUT 1.125</name>
        <lei>N/A</lei>
        <title>FXODIG EURUSD PUT 1.125</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N7DLUU"/>
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        <balance>11900</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-1212.89</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FXODIG EURUSD PUT 1.145</name>
        <lei>N/A</lei>
        <title>FXODIG EURUSD PUT 1.145</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N86A6U"/>
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        <balance>4000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
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        <pctVal>0.0000476170</pctVal>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <expDt>2026-06-12</expDt>
            <delta>XXXX</delta>
            <unrealizedAppr>-1.91</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXODIG EURUSD PUT 1.145</name>
        <lei>N/A</lei>
        <title>FXODIG EURUSD PUT 1.145</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N86A7U"/>
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        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <delta>XXXX</delta>
            <unrealizedAppr>-.95</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>FXODIG EURUSD PUT 1.155</name>
        <lei>N/A</lei>
        <title>FXODIG EURUSD PUT 1.155</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N86ZZU"/>
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        <balance>4000</balance>
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        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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            <delta>XXXX</delta>
            <unrealizedAppr>-104.06</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FXODIG EURUSD PUT 1.155</name>
        <lei>N/A</lei>
        <title>FXODIG EURUSD PUT 1.155</title>
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          <isin value="N/A"/>
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        <assetCat>DFE</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>XX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="OPT">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Put</putOrCall>
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            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Other</indexName>
                <indexIdentifier>N/A</indexIdentifier>
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            <exercisePrice>1.155000000000</exercisePrice>
            <exercisePriceCurCd>EUR</exercisePriceCurCd>
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            <delta>XXXX</delta>
            <unrealizedAppr>-52.02</unrealizedAppr>
          </optionSwaptionWarrantDeriv>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SWO USD RCV SOFR 1D PAY 2</name>
        <lei>N/A</lei>
        <title>SWO USD RCV SOFR 1D PAY 2</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N46RRU"/>
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        <balance>-1640625</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-502.69</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <optionSwaptionWarrantDeriv derivCat="SWO">
            <counterparties>
              <counterpartyName>OTCEXCH</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <putOrCall>Call</putOrCall>
            <writtenOrPur>Written</writtenOrPur>
            <descRefInstrmnt>
              <nestedDerivInfo>
                <swapDeriv derivCat="SWP">
                  <counterparties>
                    <counterpartyName>BNP Paribas London Branch</counterpartyName>
                    <counterpartyLei>N/A</counterpartyLei>
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                  <derivAddlInfo>
                    <name>SWO USD RCV SOFR 1D PAY 2</name>
                    <lei>N/A</lei>
                    <title>SWO USD RCV SOFR 1D PAY 2</title>
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        <name>SUMITOMO LIFE INSURANCE COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>STANDARD CHARTERED PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LYB INTERNATIONAL FINANCE III LLC</name>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <name>COREWEAVE INC</name>
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        <name>BERKSHIRE HATHAWAY ENERGY COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED WHOLESALE MORTGAGE LLC</name>
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        <name>PENN MUTUAL LIFE INSURANCE COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FLOWSERVE CORP</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>POLARIS INC</name>
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        <title>PII 6.95 03/15/29</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELI LILLY &amp; COMPANY</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BROOKFIELD FINANCE INC</name>
        <lei>549300XH8D8K6OYWGD17</lei>
        <title>BNCN 5.33 01/15/36</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WPP FINANCE 2013</name>
        <lei>549300L84EKSLWWPGI24</lei>
        <title>WPPLN 3.625 06/09/31 EMTN</title>
        <cusip>G70783AK4</cusip>
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          <isin value="XS3239332359"/>
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        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SUNRISE FINCO I BV</name>
        <lei>213800MNFBDEQRS6HZ22</lei>
        <title>SUNN 4.875 07/15/31 144A</title>
        <cusip>90320BAA7</cusip>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FRONTIER COMMUNICATIONS HOLDINGS LLC</name>
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        <name>LBJ INFRASTRUCTURE GROUP LLC</name>
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        <title>CINCON 3.797 12/31/57 144A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CISCO SYSTEMS INC</name>
        <lei>549300LKFJ962MZ46593</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>SURA ASSET MANAGEMENT SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <title>T 4.625 10/15/26</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SAMARCO MINERACAO SA</name>
        <lei>529900U8HKV15GJC4O60</lei>
        <title>SAMMIN 9.5 06/30/31 REGS</title>
        <cusip>P8405QAA7</cusip>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>HSBC HOLDINGS PLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>COMCAST CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NATIONWIDE BUILDING SOCIETY</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOFTBANK CORP</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>EAGLE FUNDING LUXCO SARL</name>
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        <curCd>USD</curCd>
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        <invCountry>LU</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
        <title>NI V5.75 07/15/56</title>
        <cusip>65473PAY1</cusip>
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          <isin value="US65473PAY16"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>150027.3</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.125 02/15/36</title>
        <cusip>91282CPZ8</cusip>
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          <isin value="US91282CPZ85"/>
          <ticker value="T"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-02-15</maturityDt>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.375 12/31/28</title>
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          <ticker value="T"/>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>ACCIDENT FUND INSURANCE CO OF AMERICA</name>
        <lei>2549009NUX96RJZ6DQ30</lei>
        <title>AFICOA 8.5 08/01/32 144A</title>
        <cusip>00452AAA8</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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        <name>VENTURE GLOBAL LNG INC</name>
        <lei>54930011XLBUWMQUC829</lei>
        <title>VENLNG 9.875 02/01/32 144A</title>
        <cusip>92332YAD3</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4 01/15/27</title>
        <cusip>91282CJT9</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SIX FLAGS ENTERTAINMENT CORP</name>
        <lei>529900AS2CYWYFHRS781</lei>
        <title>FUN 6.625 05/01/32 144A</title>
        <cusip>83002YAA7</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AS MILEAGE PLAN IP LTD</name>
        <lei>N/A</lei>
        <title>ALK 5.308 10/20/31 144A</title>
        <cusip>00218QAB6</cusip>
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          <isin value="US00218QAB68"/>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>AVIANCA MIDCO 2 PLC</name>
        <lei>213800AMPX5VKH9AMX10</lei>
        <title>AVIAGP 9 12/01/28 144@</title>
        <cusip>05369YAC3</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>WFC V4.892 09/15/36</title>
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        <curCd>USD</curCd>
        <valUSD>65269.4</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>SP 0 05/15/45</title>
        <cusip>912803EN9</cusip>
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          <isin value="US912803EN95"/>
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        <fairValLevel>2</fairValLevel>
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        <name>MCGRAW-HILL EDUCATION INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BP CAPITAL MARKETS PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MPLX LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MPLX LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GLOBAL PAYMENTS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VERIZON COMMUNICATIONS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NEXT PROPERTIES (TRUST 2401)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EVERSOURCE ENERGY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CONE TRUST 2024-DFW1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ACRA 2024-NQM1</name>
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        <name>ANGEL OAK MORTGAGE TRUST 2024-11</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Huntington National Bank of Ohio</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ECHOSTAR CORP</name>
        <lei>549300EE20907QZ9GT38</lei>
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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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        <name>EDGECONNEX DATA CENTERS EUROPE BV</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>SYCAMORE TREE CLO 2021-1 LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>WARWICK CAPITAL CLO 5 LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SALESFORCE INC</name>
        <lei>RCGZFPDMRW58VJ54VR07</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HONEYWELL AEROSPACE INC</name>
        <lei>213800ZUAQRBYL67JS90</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BY4222</title>
        <cusip>3140NLVQ9</cusip>
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          <isin value="US3140NLVQ99"/>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>BFLD COMMERCIAL MORTGAGE TRUST 2024-UNIV</name>
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        <title>BFLD 2024-UNIV A</title>
        <cusip>08861RAA9</cusip>
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          <isin value="US08861RAA95"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BFLD COMMERCIAL MORTGAGE TRUST 2024-UNIV</name>
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        <cusip>08861RAJ0</cusip>
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          <isin value="US08861RAJ05"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>CHL MORTGAGE PASS-THROUGH TRUST</name>
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        <title>CWHL 2007-9 A1</title>
        <cusip>12544XAA3</cusip>
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          <isin value="US12544XAA37"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TURKEY, REPUBLIC OF UNDERSECRETARIAT OF TREASURY</name>
        <lei>5493000PCHOG3B6S3Q85</lei>
        <title>TURKGB 31.08 11/08/28 5Y</title>
        <cusip>M8T85VCB1</cusip>
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          <isin value="TRT081128T15"/>
          <ticker value="TURKEY"/>
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        <balance>638109</balance>
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        <currencyConditional curCd="TRY" exchangeRt="45.18475"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>TR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>31.08</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DEEPHAVEN RESIDENTIAL MORTGAGE TRUST 2024-1</name>
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        <title>DRMT 2024-1 A1</title>
        <cusip>24380QAC6</cusip>
        <identifiers>
          <isin value="US24380QAC69"/>
          <ticker value="DRMT"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2069-07-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.7350016</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>HOMES 2024-NQM2 TRUST</name>
        <lei>254900MQRASV1D1NGZ28</lei>
        <title>HOMES 2024-NQM2 A1</title>
        <cusip>43761CAA0</cusip>
        <identifiers>
          <isin value="US43761CAA09"/>
          <ticker value="HOMES"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2069-10-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.7170016</annualizedRt>
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      <invstOrSec>
        <name>HSBC HOLDINGS PLC</name>
        <lei>MLU0ZO3ML4LN2LL2TL39</lei>
        <title>HSBC V5.13 11/19/28</title>
        <cusip>404280EM7</cusip>
        <identifiers>
          <isin value="US404280EM70"/>
          <ticker value="HSBC"/>
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        <balance>337000</balance>
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        <curCd>USD</curCd>
        <valUSD>339842.57</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-11-19</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.13</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>SPAIN, KINGDOM OF - MINISTERIO DE ECONOMIA Y HACIENDA</name>
        <lei>9598007A56S18711AH60</lei>
        <title>SPGB 3.3 04/30/36</title>
        <cusip>E8922ARL6</cusip>
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          <isin value="ES0000012Q08"/>
          <ticker value="SPAIN"/>
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        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>ES</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.3</annualizedRt>
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      <invstOrSec>
        <name>CSMC TRUST 2013-7</name>
        <lei>N/A</lei>
        <title>CSMC 2022-NQM6 PT</title>
        <cusip>12663YAM0</cusip>
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          <isin value="US12663YAM03"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>9.7449588</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FS6047</title>
        <cusip>3140XMWH5</cusip>
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          <isin value="US3140XMWH54"/>
          <ticker value="FNMA"/>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2053-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</annualizedRt>
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      <invstOrSec>
        <name>SALESFORCE INC</name>
        <lei>RCGZFPDMRW58VJ54VR07</lei>
        <title>CRM 6.55 03/15/56</title>
        <cusip>79466LAW4</cusip>
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          <isin value="US79466LAW46"/>
          <ticker value="CRM"/>
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        <curCd>USD</curCd>
        <valUSD>77452.21</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V5.9 03/13/47</title>
        <cusip>61747YGC3</cusip>
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          <isin value="US61747YGC30"/>
          <ticker value="MS"/>
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        <balance>78000</balance>
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        <curCd>USD</curCd>
        <valUSD>78144.44</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>2047-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.9000004</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>VELOCITY COMMERCIAL CAPITAL LOAN TR</name>
        <lei>N/A</lei>
        <title>VCC 2024-1 A</title>
        <cusip>92261CAA2</cusip>
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          <isin value="US92261CAA27"/>
          <ticker value="VCC"/>
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        <balance>51721.25</balance>
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        <curCd>USD</curCd>
        <valUSD>52357.45</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-01-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.5499984</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>DELEK LOGISTICS PARTNERS LP / DELEK LOGISTICS FINANCE CORP</name>
        <lei>N/A</lei>
        <title>DKL 8.625 03/15/29 144A</title>
        <cusip>24665FAD4</cusip>
        <identifiers>
          <isin value="US24665FAD42"/>
          <ticker value="DKL"/>
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        <balance>100000</balance>
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        <curCd>USD</curCd>
        <valUSD>104335.4</valUSD>
        <pctVal>0.0109676712</pctVal>
        <payoffProfile>Long</payoffProfile>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ET 5.95 05/15/54</title>
        <cusip>29273VAW0</cusip>
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          <isin value="US29273VAW00"/>
          <ticker value="ET"/>
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        <balance>11000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>10385.29</valUSD>
        <pctVal>0.0010916951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.95</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DOWSON 2024-1 PLC</name>
        <lei>635400IRBWDPWKGK1C24</lei>
        <title>DWSON 2024-1 E</title>
        <cusip>G2826SAE9</cusip>
        <identifiers>
          <isin value="XS2919892252"/>
          <ticker value="DWSON"/>
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        <balance>116000</balance>
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        <currencyConditional curCd="GBP" exchangeRt=".7348888"/>
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        <pctVal>0.0168099113</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.6816002</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>SELF COMMERCIAL MORTGAGE TRUST 2024-STRG</name>
        <lei>N/A</lei>
        <title>SELF 2024-STRG E</title>
        <cusip>81631WAJ5</cusip>
        <identifiers>
          <isin value="US81631WAJ53"/>
          <ticker value="SELF"/>
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        <balance>70000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69759.79</valUSD>
        <pctVal>0.0073331050</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.8432012</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>DIAMONDBACK ENERGY INC</name>
        <lei>549300R22LSX6OHWEN64</lei>
        <title>FANG 5.9 04/18/64</title>
        <cusip>25278XBB4</cusip>
        <identifiers>
          <isin value="US25278XBB47"/>
          <ticker value="FANG"/>
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        <balance>87000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>83926.66</valUSD>
        <pctVal>0.0088223174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2064-04-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.9</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>ACADIA HEALTHCARE COMPANY INC</name>
        <lei>5493005CW985Y9D0NC11</lei>
        <title>ACHC 7.375 03/15/33 144A</title>
        <cusip>00404AAQ2</cusip>
        <identifiers>
          <isin value="US00404AAQ22"/>
          <ticker value="ACHC"/>
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        <balance>106000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>108426.55</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.375</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2024-IGLG</name>
        <lei>N/A</lei>
        <title>JPMCC 2024-IGLG E</title>
        <cusip>46593KAJ0</cusip>
        <identifiers>
          <isin value="US46593KAJ07"/>
          <ticker value="JPMCC"/>
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        <balance>435000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>433964.18</valUSD>
        <pctVal>0.0456180399</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2041-11-05</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.4959956</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>ARIZONA PUBLIC SERVICE COMPANY</name>
        <lei>YG6VT0TPHRH4TFVAQV64</lei>
        <title>PNW 5.1 03/15/36</title>
        <cusip>040555DK7</cusip>
        <identifiers>
          <isin value="US040555DK73"/>
          <ticker value="PNW"/>
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        <balance>385000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>379012.88</valUSD>
        <pctVal>0.0398415941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.1</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>AMAZON.COM INC</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMZN 5.8 03/13/56</title>
        <cusip>023135DH6</cusip>
        <identifiers>
          <isin value="US023135DH65"/>
          <ticker value="AMZN"/>
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        <balance>45000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>44290.83</valUSD>
        <pctVal>0.0046558240</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.8</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FA2817</title>
        <cusip>3140W3DX4</cusip>
        <identifiers>
          <isin value="US3140W3DX47"/>
          <ticker value="FN"/>
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        <balance>116803.06</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>115640.69</valUSD>
        <pctVal>0.0121560761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2054-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>PRPM 2024-NQM1 TRUST</name>
        <lei>N/A</lei>
        <title>PRPM 2024-NQM1 B1</title>
        <cusip>693977AE0</cusip>
        <identifiers>
          <isin value="US693977AE05"/>
          <ticker value="PRPM"/>
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        <balance>100000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100529.99</valUSD>
        <pctVal>0.0105676489</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2068-12-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.3900836</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>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FR SD4999</title>
        <cusip>3132DSRU8</cusip>
        <identifiers>
          <isin value="US3132DSRU86"/>
          <ticker value="FHLMC"/>
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        <balance>101722.55</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>100635.22</valUSD>
        <pctVal>0.0105787106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2053-08-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5</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>DOWSON 2024-1 PLC</name>
        <lei>635400IRBWDPWKGK1C24</lei>
        <title>DWSON 2024-1 F</title>
        <cusip>G2826SAC3</cusip>
        <identifiers>
          <isin value="XS2919894381"/>
          <ticker value="DWSON"/>
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        <balance>170000</balance>
        <units>PA</units>
        <currencyConditional curCd="GBP" exchangeRt=".7348888"/>
        <valUSD>235110.88</valUSD>
        <pctVal>0.0247147069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>10.6816009</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>BPR TRUST 2024-PMDW</name>
        <lei>N/A</lei>
        <title>BPR 2024-PMDW A</title>
        <cusip>05592VAA2</cusip>
        <identifiers>
          <isin value="US05592VAA26"/>
          <ticker value="BPR"/>
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        <balance>70000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>70902.04</valUSD>
        <pctVal>0.0074531776</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-11-05</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.3579988</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>SELF COMMERCIAL MORTGAGE TRUST 2024-STRG</name>
        <lei>N/A</lei>
        <title>SELF 2024-STRG F</title>
        <cusip>81631WAL0</cusip>
        <identifiers>
          <isin value="US81631WAL00"/>
          <ticker value="SELF"/>
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        <balance>70000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>69544.87</valUSD>
        <pctVal>0.0073105127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-11-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>8.8417296</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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN CB5310</title>
        <cusip>3140QQ3U7</cusip>
        <identifiers>
          <isin value="US3140QQ3U75"/>
          <ticker value="FNMA"/>
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        <balance>225261.52</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>232025.13</valUSD>
        <pctVal>0.0243903348</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2052-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</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>SALESFORCE INC</name>
        <lei>RCGZFPDMRW58VJ54VR07</lei>
        <title>CRM 5.55 03/15/36</title>
        <cusip>79466LAU8</cusip>
        <identifiers>
          <isin value="US79466LAU89"/>
          <ticker value="CRM"/>
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        <balance>293000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>292190.64</valUSD>
        <pctVal>0.0307148951</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.55</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>AMAZON.COM INC</name>
        <lei>ZXTILKJKG63JELOEG630</lei>
        <title>AMZN 4.875 03/13/36</title>
        <cusip>023135DF0</cusip>
        <identifiers>
          <isin value="US023135DF00"/>
          <ticker value="AMZN"/>
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        <balance>50000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>49266.61</valUSD>
        <pctVal>0.0051788749</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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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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        <name>Federal Home Loan Mortgage Corp.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>LEBANESE, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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          <ticker value="GNR"/>
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        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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          <ticker value="GNR"/>
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        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>SAN ANTONIO (TX), CITY OF</name>
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          <ticker value="SANUTL"/>
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        <issuerCat>MUN</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>RD MICHIGAN PROPERTY OWNER I LLC</name>
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          <isin value="US74941YAA01"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>Hut 8 DC LLC</name>
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          <isin value="US44813DAA46"/>
          <ticker value="HUTRBA"/>
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        <curCd>USD</curCd>
        <valUSD>252069.13</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FS1522</title>
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          <isin value="US3140XGVQ94"/>
          <ticker value="FNMA"/>
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        <valUSD>47258.03</valUSD>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3</annualizedRt>
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        <name>COREWEAVE INC</name>
        <lei>984500511DP2B6186053</lei>
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          <ticker value="CRWV"/>
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        <fairValLevel>1</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <title>T 3.75 08/15/41</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>BCC MIDDLE MARKET CLO 2019-1 LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY</name>
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        <invCountry>ZA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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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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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.75 05/31/30</title>
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        <fairValLevel>2</fairValLevel>
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        <name>POLAND, REPUBLIC OF - STATE TREASURY</name>
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        <cusip>X6650PNF1</cusip>
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          <isin value="PL0000105391"/>
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        <invCountry>PL</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.25 05/15/39</title>
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        <fairValLevel>2</fairValLevel>
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        <name>DORMITORY AUTHORITY OF THE STATE OF NEW YORK (NY)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>QTS ISSUER ABS I LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>STORE MASTER FUNDING I LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Colonial Enterprises</name>
        <lei>2549009FT92RXWA46910</lei>
        <title>Colonial Enterprises Term Loan B 175 2032-06-03</title>
        <cusip>19682LAB4</cusip>
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        <balance>796000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>QUIKRETE HOLDINGS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORACLE CORP</name>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.625 11/15/44</title>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.125 11/30/31</title>
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          <ticker value="T"/>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>ILLINOIS (IL), STATE OF</name>
        <lei>54930048FV8RWPR02D67</lei>
        <title>IL ILS 5.1 06/01/2033</title>
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          <ticker value="ILS"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
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        <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>FNMA-15YR</title>
        <cusip>01F040453</cusip>
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          <ticker value="FNMA"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>TEXAS (TX), STATE OF</name>
        <lei>549300X9CH74QB747L76</lei>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <cusip>X51627BW0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
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          <ticker value="T"/>
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        <fairValLevel>2</fairValLevel>
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        <name>KKR GROUP FINANCE CO VIII LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4 01/31/33</title>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.875 02/15/41</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AVIS BUDGET RENTAL CAR FUNDING (AESOP) LLC</name>
        <lei>IHXLB8SL0QWSSG2VG640</lei>
        <title>AESOP 2025-2A A</title>
        <cusip>05377RKQ6</cusip>
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          <ticker value="AESOP"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>APOLLO MANAGEMENT HOLDINGS LP</name>
        <lei>5493006XQW0V5K38YM64</lei>
        <title>APO 2.65 06/05/30 144A</title>
        <cusip>03765HAF8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>INTEL CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>JOHNSON &amp; JOHNSON</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BALBOA BAY LOAN FUNDING 2023-2 LTD</name>
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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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        <name>MADISON PARK FUNDING LXV LTD</name>
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        <name>JUPITER MORTGAGE N.1 PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Washg Mutual 7-He1</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>LOUISIANA LOCAL GOVERNMENT ENVIRONMENTAL FACILITIES AND COMMUNITY DEVELOPMENT AUTHORITY (THE) (LA)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>PHILIPPINES, REPUBLIC OF - DEPARTMENT OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN MA3238</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FHR 5502 EF</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SCIH SALT HOLDINGS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FM9318</title>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIGROUP INC</name>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>INDONESIA, REPUBLIC OF - MINISTRY OF FINANCE</name>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ECOPETROL SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HCA INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <title>FR RC1975</title>
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          <ticker value="FHLMC"/>
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        <fairValLevel>2</fairValLevel>
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        <name>PACIFIC GAS &amp; ELECTRIC COMPANY</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BLUEMOUNTAIN CLO 2018-3 LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>AFFIRM MASTER TRUST</name>
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        <title>AFRMT 2026-1A A</title>
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          <ticker value="AFRMT"/>
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        <fairValLevel>2</fairValLevel>
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        <name>US BANCORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>QTS ISSUER ABS II, LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>MF1 2026-FL21 LLC</name>
        <lei>N/A</lei>
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          <ticker value="MF1"/>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2046-04-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>LAST MILE LOGISTICS PAN EURO FINANCE DAC</name>
        <lei>635400NOPX1IKIAX7N90</lei>
        <title>LMLOG 1X E</title>
        <cusip>G5S831AE9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>AUSNET SERVICES HOLDINGS PTY LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>GS MORTGAGE-BACKED SECURITIES TRUST 2020-PJ4</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <title>FN BM5235</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CIGNA GROUP (THE)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALTRIA GROUP INC</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>ANHEUSER-BUSCH INBEV WORLDWIDE INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CITIGROUP INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <title>FN CA8592</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN BANKS</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>FR SD7552</title>
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          <isin value="US3132DVL943"/>
          <ticker value="FHLMC"/>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.75 12/31/28</title>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>BARBADOS, GOVERNMENT OF</name>
        <lei>529900UD1KUUS4SFD905</lei>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>BB</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 3.5 03/15/29</title>
        <cusip>91282CQE4</cusip>
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          <ticker value="T"/>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS DE VENEZUELA SA</name>
        <lei>549300YWR8TN1OFD4P06</lei>
        <title>PDVSA 6 11/15/26 REGS</title>
        <cusip>P7807HAR6</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>URUGUAY, REPUBLICA ORIENTAL DEL - MINISTERIO DE ECONOMIA Y FINANZAS</name>
        <lei>549300RDR012H2V82H43</lei>
        <title>URUGUA 5.1 06/18/50</title>
        <cusip>760942BA9</cusip>
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        <invCountry>UY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>GLP CAPITAL LP</name>
        <lei>2549005PXW31DRW8EC44</lei>
        <title>GLPI 4 01/15/31</title>
        <cusip>361841AQ2</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>CHARLES SCHWAB CORP (THE)</name>
        <lei>549300VSGCJ7E698NM85</lei>
        <title>SCHW V6.1 PERP L</title>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>KINDER MORGAN INC</name>
        <lei>549300WR7IX8XE0TBO16</lei>
        <title>KMI 5.3 12/01/34</title>
        <cusip>49456BAG6</cusip>
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          <ticker value="KMI"/>
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        <curCd>USD</curCd>
        <valUSD>116265.09</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICO</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLTES 7 06/30/32 B</title>
        <cusip>P6S32JQ52</cusip>
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          <ticker value="COLTC"/>
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        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>T 5.45 03/01/47</title>
        <cusip>00206RDS8</cusip>
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          <isin value="US00206RDS85"/>
          <ticker value="T"/>
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        <curCd>USD</curCd>
        <valUSD>25725.96</valUSD>
        <pctVal>0.0027042966</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2047-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BALTIMORE GAS &amp; ELECTRIC COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN BANKS</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>FR SD7553</title>
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        <name>ROCKIES EXPRESS PIPELINE LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRST AMERICAN FINANCIAL CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>STORE CAPITAL LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL FARM CREDIT BANKS FUNDING CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DUKE ENERGY CAROLINAS LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LOWE'S COMPANIES INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHINA, PEOPLE'S REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>INTEL CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>INTERNATIONAL BUSINESS MACHINES CORP</name>
        <lei>VGRQXHF3J8VDLUA7XE92</lei>
        <title>IBM 2.95 05/15/50</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>QTS ISSUER ABS II, LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DUKE ENERGY CAROLINAS LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHENIERE ENERGY PARTNERS LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GILEAD SCIENCES INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CSTL Commercial Mortgage Trust 2026-GATE3</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ELMWOOD CLO 20 LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>ANGEL OAK MORTGAGE TRUST 2025-8</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PHILIP MORRIS INTERNATIONAL INC</name>
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        <title>PM 3.125 08/17/27</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GS MORTGAGE-BACKED SECURITIES TRUST 2022-NQM1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NYMT LOAN TRUST 2026-INV1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EFMT 2026-NQM1</name>
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        <title>EFMT 2026-NQM1 A1</title>
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          <ticker value="EFMT"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>Flutter Entertainment</name>
        <lei>635400EG4YIJLJMZJ782</lei>
        <title>Flutter Entertainment Term Loan B (Incremental) 200 2032-05-17</title>
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        <assetCat>LON</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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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CVS HEALTH CORP</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS 4.875 07/20/35</title>
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        <curCd>USD</curCd>
        <valUSD>264946.96</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>2035-07-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.875</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>
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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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        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FR TB2221</title>
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        <fairValLevel>2</fairValLevel>
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        <name>SANDSTONE PEAK III LT FRN</name>
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        <fairValLevel>2</fairValLevel>
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        <name>REYNOLDS AMERICAN INC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>APPLOVIN CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JP MORGAN CHASE &amp; COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>LOWE'S COMPANIES INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ARGENTINA, REPUBLIC OF - SUBSECRETARIA DE FINANCIAMIENTO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ORACLE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>APPLOVIN CORP</name>
        <lei>549300LLVXMUAOL3SQ07</lei>
        <title>APP 5.125 12/01/29</title>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>ELMWOOD CLO 24 LTD</name>
        <lei>N/A</lei>
        <title>ELM24 2023-3A BR</title>
        <cusip>290020AN6</cusip>
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          <isin value="US290020AN63"/>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>EQT CORP</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN CA6341</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BEIGNET INVESTOR LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>THAIOIL TREASURY CENTER COMPANY LTD</name>
        <lei>549300NH03B9E8VGJR89</lei>
        <title>TOPTB V6.1 PERP REGS</title>
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        <invCountry>TH</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>NRG ENERGY INC</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>AMFAM HOLDINGS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DIAMETER CAPITAL CLO 10 LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VENTURE GLOBAL PLAQUEMINES LNG LLC</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.375 12/15/26</title>
        <cusip>91282CJP7</cusip>
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          <isin value="US91282CJP77"/>
          <ticker value="T"/>
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        <curCd>USD</curCd>
        <valUSD>1759897.37</valUSD>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.375 07/15/27</title>
        <cusip>91282CKZ3</cusip>
        <identifiers>
          <isin value="US91282CKZ31"/>
          <ticker value="T"/>
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        <balance>24000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>24150.94</valUSD>
        <pctVal>0.0025387315</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.375</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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN MA4157</title>
        <cusip>31418DTP7</cusip>
        <identifiers>
          <isin value="US31418DTP77"/>
          <ticker value="FNMA"/>
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        <balance>203537</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>156736.86</valUSD>
        <pctVal>0.0164760795</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.5</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>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FR SD8145</title>
        <cusip>3132DWBN2</cusip>
        <identifiers>
          <isin value="US3132DWBN20"/>
          <ticker value="FHLMC"/>
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        <balance>3595.25</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2759.2</valUSD>
        <pctVal>0.0002900454</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.5</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>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FM3665</title>
        <cusip>3140X7CB3</cusip>
        <identifiers>
          <isin value="US3140X7CB30"/>
          <ticker value="FNMA"/>
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        <balance>173327.64</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>164148.76</valUSD>
        <pctVal>0.0172552138</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>PACIFIC GAS &amp; ELECTRIC COMPANY</name>
        <lei>1HNPXZSMMB7HMBMVBS46</lei>
        <title>PCG 5.25 03/01/52</title>
        <cusip>694308KD8</cusip>
        <identifiers>
          <isin value="US694308KD85"/>
          <ticker value="PCG"/>
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        <balance>152000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>130205.72</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>2052-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.25</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>
      <invstOrSec>
        <name>LAST MILE SECURITIES-PE 2021 DAC</name>
        <lei>635400UJZKP57EXKMQ33</lei>
        <title>LMILE 2021-1X D</title>
        <cusip>G5S82ZAF2</cusip>
        <identifiers>
          <isin value="XS2320421683"/>
          <ticker value="LMILE"/>
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        <balance>194959.8655</balance>
        <units>PA</units>
        <currencyConditional curCd="EUR" exchangeRt=".8520427"/>
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        <pctVal>0.0240639655</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-08-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.3490016</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>EXTRA SPACE STORAGE LP</name>
        <lei>549300YNKSKNZFR8UC42</lei>
        <title>EXR 4 06/15/29</title>
        <cusip>30225VAN7</cusip>
        <identifiers>
          <isin value="US30225VAN73"/>
          <ticker value="EXR"/>
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        <balance>17000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>16725.01</valUSD>
        <pctVal>0.0017581225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4</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>FIRSTENERGY TRANSMISSION LLC</name>
        <lei>549300AINIIPOLYX2R63</lei>
        <title>FE 5.45 07/15/44 144A</title>
        <cusip>33767BAA7</cusip>
        <identifiers>
          <isin value="US33767BAA70"/>
          <ticker value="FE"/>
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        <balance>79000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>74852.84</valUSD>
        <pctVal>0.0078684832</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2044-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.45</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>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>ET 5.35 05/15/45</title>
        <cusip>86765BAQ2</cusip>
        <identifiers>
          <isin value="US86765BAQ23"/>
          <ticker value="ET"/>
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        <balance>122000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>109474.61</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>2045-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.35</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>UK LOGISTICS 2025-1 DAC</name>
        <lei>635400LLQ82YFJBFFU27</lei>
        <title>UKLOG 2025-1X D</title>
        <cusip>G930ZMAD6</cusip>
        <identifiers>
          <isin value="XS3028549478"/>
          <ticker value="UKLOG"/>
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        <balance>113424.62</balance>
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        <currencyConditional curCd="GBP" exchangeRt=".7348888"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-05-17</maturityDt>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>COMCAST CORP</name>
        <lei>51M0QTTNCGUN7KFCFZ59</lei>
        <title>CMCSA 4.95 05/15/32</title>
        <cusip>20030NER8</cusip>
        <identifiers>
          <isin value="US20030NER89"/>
          <ticker value="CMCSA"/>
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        <balance>71000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>71505.96</valUSD>
        <pctVal>0.0075166613</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95</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>COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICO</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLTES 7.75 09/18/30 B</title>
        <cusip>P6S32JH78</cusip>
        <identifiers>
          <isin value="COL17CT03342"/>
          <ticker value="COLTC"/>
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        <balance>939400000</balance>
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        <currencyConditional curCd="COP" exchangeRt="3638.49"/>
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        <pctVal>0.0216847368</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>CO</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-18</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>MICROSOFT CORP</name>
        <lei>INR2EJN1ERAN0W5ZP974</lei>
        <title>MSFT 3.75 02/12/45</title>
        <cusip>594918BD5</cusip>
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          <isin value="US594918BD56"/>
          <ticker value="MSFT"/>
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        <balance>100000</balance>
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        <curCd>USD</curCd>
        <valUSD>80951.14</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>2045-02-12</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.75</annualizedRt>
          <isDefault>N</isDefault>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>GNR 2021-76 JI</title>
        <cusip>38382RNJ3</cusip>
        <identifiers>
          <isin value="US38382RNJ31"/>
          <ticker value="GNR"/>
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        <balance>60164.05</balance>
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        <curCd>USD</curCd>
        <valUSD>10017.4</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2050-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TENET HEALTHCARE CORP</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>THC 4.625 06/15/28</title>
        <cusip>88033GDH0</cusip>
        <identifiers>
          <isin value="US88033GDH02"/>
          <ticker value="THC"/>
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        <balance>100000</balance>
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        <curCd>USD</curCd>
        <valUSD>99230.19</valUSD>
        <pctVal>0.0104310148</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.625</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>AT&amp;T INC</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>T 4.5 05/15/35</title>
        <cusip>00206RCP5</cusip>
        <identifiers>
          <isin value="US00206RCP55"/>
          <ticker value="T"/>
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        <balance>104000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>98481.77</valUSD>
        <pctVal>0.0103523413</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</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>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA3310</title>
        <cusip>36179RVB2</cusip>
        <identifiers>
          <isin value="US36179RVB22"/>
          <ticker value="GNR"/>
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        <balance>27303.59</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>25314.35</valUSD>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>ELMWOOD CLO IX LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>DISCOVERY COMMUNICATIONS LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BLUEMOUNTAIN CLO XXXIII LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>APPLE INC</name>
        <lei>HWUPKR0MPOU8FGXBT394</lei>
        <title>AAPL 2.65 02/08/51</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>HOMES 2025-NQM2 TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>1345 TRUST 2025-AOA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>NORTHROP GRUMMAN CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GO DADDY OPERATING COMPANY LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PERU, REPUBLIC OF - DIRECCION GENERAL DE CREDITO PUBLICO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CLI FUNDING IX LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>SLAM 2021-1 LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRSTENERGY TRANSMISSION LLC</name>
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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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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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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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        <name>PFP 2025-12 LTD</name>
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        <name>FIDELIS INSURANCE HOLDINGS LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRSTENERGY TRANSMISSION LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ROGERS COMMUNICATIONS INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MUTUAL OF OMAHA INSURANCE COMPANY</name>
        <lei>P2LER0UPV1DKOU8RO042</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>VERUS SECURITIZATION TRUST 2025-5</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IMC Global</name>
        <lei>N/A</lei>
        <title>IMC Global Term Loan B 350 2032-05-25</title>
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          <isin value="US44967NAB47"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>MS V5.831 04/19/35</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NEW RESIDENTIAL MORTGAGE LOAN TRUST 2025-NQM4</name>
        <lei>2138001CG5SYL78G3648</lei>
        <title>NRZT 2025-NQM4 A1</title>
        <cusip>64832FAC0</cusip>
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        <balance>84234.38</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PECO ENERGY COMPANY</name>
        <lei>YH65D4JBECK76IFEJ279</lei>
        <title>EXC 4.875 09/15/35</title>
        <cusip>693304BH9</cusip>
        <identifiers>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-09-15</maturityDt>
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      <invstOrSec>
        <name>BELROSE FUNDING TRUST II</name>
        <lei>N/A</lei>
        <title>LNC 6.792 05/15/55</title>
        <cusip>08079KAA2</cusip>
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          <isin value="US08079KAA25"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GCAT 2025-NQM2 TRUST</name>
        <lei>N/A</lei>
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        <cusip>36171HAC3</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMERICAN NATIONAL GLOBAL FUNDING</name>
        <lei>63540033TQXTOXKK1L93</lei>
        <title>ANGINC 5.25 06/03/30 144A</title>
        <cusip>02771D2B9</cusip>
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          <isin value="US02771D2B95"/>
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        <curCd>USD</curCd>
        <valUSD>350354.32</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AMMC CLO 27 LTD</name>
        <lei>N/A</lei>
        <title>AIMCO 2026-27A A1</title>
        <cusip>00901HAA0</cusip>
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          <isin value="US00901HAA05"/>
          <ticker value="AIMCO"/>
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        <curCd>USD</curCd>
        <valUSD>499714.2</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-20</maturityDt>
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        <name>D2 MULTIFAMILY CREDIT 2026-FL1 ISSUER LTD</name>
        <lei>N/A</lei>
        <title>D2 2026-FL1 A</title>
        <cusip>23347LAA5</cusip>
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          <isin value="US23347LAA52"/>
          <ticker value="D2"/>
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        <curCd>USD</curCd>
        <valUSD>500000</valUSD>
        <pctVal>0.0525596835</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2043-11-19</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>OWL ROCK CLO XI LLC</name>
        <lei>254900HN08SUS6KFFM09</lei>
        <title>OR 2023-11A BR</title>
        <cusip>69120HAL6</cusip>
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          <ticker value="OR"/>
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        <balance>250000</balance>
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        <curCd>USD</curCd>
        <valUSD>250000</valUSD>
        <pctVal>0.0262798418</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-20</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CERBERUS LOAN FUNDING XL LLC</name>
        <lei>635400FRD1HEGKSHCI69</lei>
        <title>CERB 2023-1A AR</title>
        <cusip>15675AAL3</cusip>
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          <isin value="US15675AAL35"/>
          <ticker value="CERB"/>
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        <balance>450000</balance>
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        <curCd>USD</curCd>
        <valUSD>450000</valUSD>
        <pctVal>0.0473037152</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2035-03-22</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>0.000000000000</annualizedRt>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>IQVIA INC</name>
        <lei>549300PLWY28YB00C717</lei>
        <title>IQV 6.25 06/01/32 144A</title>
        <cusip>46266TAG3</cusip>
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          <isin value="US46266TAG31"/>
          <ticker value="IQV"/>
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        <curCd>USD</curCd>
        <valUSD>712877.2</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2032-06-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CERBERUS LOAN FUNDING 50 LLC</name>
        <lei>635400VJODJ5OZQ2H763</lei>
        <title>CERB 2025-1A A</title>
        <cusip>15673UAA5</cusip>
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          <isin value="US15673UAA51"/>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CLOUD SOFTWARE GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RIO TINTO FINANCE (USA) PLC</name>
        <lei>2138006TSNBEUA761G16</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>BENCHMARK 2020-B21 MORTGAGE TRUST</name>
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        <cusip>08163LAG4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>MIDCAP FUNDING TL</name>
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        <title>MIDCAP FUNDING TL</title>
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        <fairValLevel>3</fairValLevel>
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        <name>FORD MOTOR CREDIT COMPANY LLC</name>
        <lei>UDSQCVRUX5BONN0VY111</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CERBERUS LOAN FUNDING 52 LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BY4170</title>
        <cusip>3140NLT41</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>REGENTS OF THE UNIVERSITY OF CALIFORNIA (THE) (CA)</name>
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        <name>BANK OF NEW YORK MELLON CORP (THE)</name>
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        <fairValLevel>3</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>GEN DIGITAL INC</name>
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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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        <name>KKR CLO 63 LTD</name>
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        <name>ATLAS SP AIRCRAFT LOAN</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>AGL CLO 42 LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GOLUB CAPITAL PARTNERS CLO 16(M)-R3 LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>ARES DIRECT LENDING CLO 6 LLC</name>
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        <name>PHILLIPS 66 COMPANY</name>
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        <name>COCA-COLA COMPANY (THE)</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>BROADCOM INC</name>
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        <name>SEQUOIA MORTGAGE TRUST 2025-6</name>
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        <name>CERBERUS LOAN FUNDING 50 LLC</name>
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        <name>HUNTINGTON NATIONAL BANK</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>OBX 2024-NQM18 TRUST</name>
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        <name>ASCOT GROUP LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY</name>
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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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        <name>EFMT 2026-NQM1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CONOCOPHILLIPS COMPANY</name>
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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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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UPX HIL 2025-1 ISSUER TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>DISCOVERY GLOBAL HOLDINGS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ATRIUM HOTEL PORTFOLIO TRUST 2024-ATRM</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BASSWOOD PARK CLO LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EQT CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>I/O DBGS 2019-1735 MO VAR</name>
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        <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>FN BM4351</title>
        <cusip>3140J8ZR7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRSTENERGY CORP</name>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN MA4119</title>
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          <ticker value="FNMA"/>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2</annualizedRt>
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        <name>Compass Datacenters Issuer II LLC</name>
        <lei>N/A</lei>
        <title>CMPDC 2025-1A A1</title>
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          <ticker value="CMPDC"/>
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        <fairValLevel>2</fairValLevel>
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        <name>SOUND POINT CLO 2025R-1 LTD</name>
        <lei>25490031SR8APTVC6E71</lei>
        <title>SNDPT 2025-1RA C</title>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NORTHERN INSTITUTIONAL FUNDS</name>
        <lei>549300Y178DO5JBR1S04</lei>
        <title>NORTHERN INSTITUTIONAL FUNDS TREAS PRT PRMR</title>
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          <ticker value="NTPXX"/>
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        <fairValLevel>1</fairValLevel>
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        <name>FLORIDA GAS TRANSMISSION COMPANY LLC</name>
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        <title>CITCOR 5.75 07/15/35 144A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>OBX 2025-NQM10 TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RCKT MORTGAGE TRUST 2025-CES6</name>
        <lei>2549002LEW4WNQBOMB89</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EQT CORP</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT 4.5 01/15/29</title>
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        <fairValLevel>2</fairValLevel>
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        <name>NGPL PIPECO LLC</name>
        <lei>549300K3NT1HSQFEM073</lei>
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        <cusip>62928CAA0</cusip>
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        <curCd>USD</curCd>
        <valUSD>225686.25</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EQT CORP</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
        <title>EQT 3.125 05/15/26 144A</title>
        <cusip>26884LAM1</cusip>
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          <isin value="US26884LAM19"/>
          <ticker value="EQT"/>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>VERUS SECURITIZATION TRUST 2025-6</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COLT 2025-7 MORTGAGE LOAN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <invCountry>HU</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ORACLE CORP</name>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GOLUB CAPITAL PARTNERS CLO 83(M)</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY ABS CAPITAL I INC</name>
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        <valUSD>788940.94</valUSD>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PLAINS ALL AMERICAN PIPELINE LP</name>
        <lei>5521FA2ITF25TVH63740</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CHENIERE ENERGY PARTNERS LP</name>
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        <title>CQP 5.95 06/30/33</title>
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          <isin value="US16411QAQ47"/>
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        <curCd>USD</curCd>
        <valUSD>335840.41</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-06-30</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Air Canada</name>
        <lei>4B4HI3CGXMBDC0G6BM51</lei>
        <title>Air Canada Term Loan B 175 2031-03-01</title>
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        <curCd>USD</curCd>
        <valUSD>99496.83</valUSD>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
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        <name>UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>UA</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PACIFIC GAS &amp; ELECTRIC COMPANY</name>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>AOA TRUST 2025-1301</name>
        <lei>N/A</lei>
        <title>AOA 2025-1301 F</title>
        <cusip>682461AN8</cusip>
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          <isin value="US682461AN83"/>
          <ticker value="AOA"/>
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        <curCd>USD</curCd>
        <valUSD>115406.21</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>MSCI INC</name>
        <lei>549300HTIN2PD78UB763</lei>
        <title>MSCI 5.25 09/01/35</title>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN CA2469</title>
        <cusip>3140Q9W74</cusip>
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          <ticker value="FNMA"/>
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        <issuerCat>USGSE</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>EQT CORP</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
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        <cusip>26884LAL3</cusip>
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          <ticker value="EQT"/>
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        <curCd>USD</curCd>
        <valUSD>678664.98</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <securityLending>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN BANKS</name>
        <lei>2549001DPIFGXC1TOL40</lei>
        <title>FR SD7548</title>
        <cusip>3132DVL52</cusip>
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          <isin value="US3132DVL521"/>
          <ticker value="FHLMC"/>
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        <valUSD>618219.99</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FS0598</title>
        <cusip>3140XFUY5</cusip>
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          <ticker value="FNMA"/>
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        <balance>28178.99</balance>
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        <valUSD>23276.68</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2051-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>CSMC 2022-NQM3 TRUST</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN BANKS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SOUTHWESTERN PUBLIC SERVICE COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BALLYROCK CLO 2019-1 LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>OCTAGON INVESTMENT PARTNERS 41 LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Obsidian Issuer 2025-1 LLC</name>
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        <fairValLevel>3</fairValLevel>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Phantom 2026-1 Aviation Ltd. / Phantom 2026-1 Aviation LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>AT&amp;T INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VENEZUELA, BOLIVARIAN REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NIPPON LIFE INSURANCE COMPANY</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>AMFAM HOLDINGS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNION PACIFIC CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VEOLIA ENVIRONNEMENT SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>QTS ISSUER ABS II, LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>US BANCORP</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>SM ENERGY COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JP MORGAN CHASE &amp; COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>JOHNSON &amp; JOHNSON</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>FEDERAL HOME LOAN BANKS</name>
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        <name>POINT BROADBAND FUNDING LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VERUS SECURITIZATION TRUST 2026-2</name>
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        <fairValLevel>2</fairValLevel>
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        <name>M&amp;T BANK RV TRUST 2026-1</name>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>NAVIGATOR 2025-1 AVIATION LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PHILLIPS 66 COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>CELANESE US HOLDINGS LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FIRST FRANKLIN MORTGAGE LOAN TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>BRITISH TELECOMMUNICATIONS PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FFMLT TRUST 2006/FF13</name>
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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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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PFIZER INVESTMENT ENTERPRISES PTE LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EXTRA SPACE STORAGE LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KRAFT HEINZ FOODS COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TEXTAINER MARINE CONTAINERS VII LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <title>FN AS2947</title>
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        <fairValLevel>2</fairValLevel>
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        <name>NEVADA POWER COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <title>FN CB1427</title>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <title>G2 MA7649</title>
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        <fairValLevel>2</fairValLevel>
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        <name>BRAVO TST. 2026-SR 6.331%</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OWL ROCK CLO XI LLC</name>
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        <title>OR 2023-11A AR</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN BM5304</title>
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        <fairValLevel>2</fairValLevel>
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        <name>245 PARK AVENUE TRUST 2017-245P</name>
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        <title>PRKAV 2017-245P E</title>
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        <fairValLevel>2</fairValLevel>
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        <name>TACO BELL FUNDING LLC</name>
        <lei>N/A</lei>
        <title>BELL 2025-1A A2II</title>
        <cusip>87342RAL8</cusip>
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        <curCd>USD</curCd>
        <valUSD>244499.83</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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          <couponKind>Fixed</couponKind>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HOST HOTELS &amp; RESORTS LP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>BAKER HUGHES HOLDINGS LLC / BAKER HUGHES CO-OBLIGOR INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BANK OF AMERICA CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FIGRE TRUST 2023-HE1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AON CORP / AON GLOBAL HOLDINGS PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED PARCEL SERVICE INC</name>
        <lei>D01LMJZU09ULLNCY6Z23</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>TCW CLO 2024-2 LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>BX TRUST 2024-VLT4</name>
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          <ticker value="BX"/>
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        <fairValLevel>2</fairValLevel>
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        <name>2023-MIC TRUST/THE</name>
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        <cusip>87256GAA0</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA-30YR</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GRUPO TELEVISA SAB</name>
        <lei>549300O4AF0C816ILN62</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>INDONESIA, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WASHINGTON MUTUAL MORTGAGE PASS-THROUGH CERTIFICATES WMALT SERIES 2005-AR18 TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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      <invstOrSec>
        <name>LG ENERGY SOLUTION LTD</name>
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        <curCd>USD</curCd>
        <valUSD>801481.4</valUSD>
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        <invCountry>KR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>SOUTHERN CALIFORNIA EDISON COMPANY</name>
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        <curCd>USD</curCd>
        <valUSD>86068.41</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-09-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.5</annualizedRt>
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      <invstOrSec>
        <name>HIGHMARK INC</name>
        <lei>549300B6868ZXXEB2Y57</lei>
        <title>HIMARK 5.75 05/15/36 144A</title>
        <cusip>431116AF9</cusip>
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          <isin value="US431116AF92"/>
          <ticker value="HIMARK"/>
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        <balance>150000</balance>
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        <curCd>USD</curCd>
        <valUSD>148853.81</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2036-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75</annualizedRt>
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      <invstOrSec>
        <name>ONEOK INC</name>
        <lei>2T3D6M0JSY48PSZI1Q41</lei>
        <title>OKE 7.15 01/15/51</title>
        <cusip>682680BF9</cusip>
        <identifiers>
          <isin value="US682680BF95"/>
          <ticker value="OKE"/>
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        <balance>300000</balance>
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        <curCd>USD</curCd>
        <valUSD>326332.29</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-01-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.15</annualizedRt>
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      <invstOrSec>
        <name>KINDER MORGAN ENERGY PARTNERS LP</name>
        <lei>549300PDHUGWPWGOT525</lei>
        <title>KMI 4.7 11/01/42</title>
        <cusip>28370TAF6</cusip>
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          <isin value="US28370TAF66"/>
          <ticker value="KMI"/>
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        <balance>205000</balance>
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        <curCd>USD</curCd>
        <valUSD>179030.81</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <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>FN CB1430</title>
        <cusip>3140QLSU1</cusip>
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          <ticker value="FNMA"/>
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        <balance>53353.81</balance>
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        <curCd>USD</curCd>
        <valUSD>50326.25</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>4</annualizedRt>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 1.125 05/15/40</title>
        <cusip>912810SR0</cusip>
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          <ticker value="T"/>
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        <balance>743000</balance>
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        <curCd>USD</curCd>
        <valUSD>465129.61</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2040-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.125</annualizedRt>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN MA4540</title>
        <cusip>31418EBJ8</cusip>
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          <ticker value="FNMA"/>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2</annualizedRt>
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      <invstOrSec>
        <name>VB-S1 ISSUER LLC</name>
        <lei>N/A</lei>
        <title>VBTEL 2026-1A C2</title>
        <cusip>91825HAA2</cusip>
        <identifiers>
          <isin value="US91825HAA23"/>
          <ticker value="VBTOW"/>
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        <balance>280000</balance>
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        <curCd>USD</curCd>
        <valUSD>273774.03</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>PFIZER INC</name>
        <lei>765LHXWGK1KXCLTFYQ30</lei>
        <title>PFE 7.2 03/15/39</title>
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          <ticker value="PFE"/>
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        <curCd>USD</curCd>
        <valUSD>96990.55</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.2</annualizedRt>
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      <invstOrSec>
        <name>CREDIT SUISSE MORTGAGE CAPITAL 2022-LION TRUST</name>
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        <title>CSMC 2022-LION A</title>
        <cusip>12660TAA0</cusip>
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          <ticker value="CSMC"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>WILLIAMS COMPANIES INC (THE)</name>
        <lei>D71FAKCBLFS2O0RBPG08</lei>
        <title>WMB 5.3 08/15/28</title>
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          <ticker value="WMB"/>
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        <curCd>USD</curCd>
        <valUSD>155834.49</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.3</annualizedRt>
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      <invstOrSec>
        <name>SUMITOMO MITSUI FINANCIAL GROUP INC</name>
        <lei>35380028MYWPB6AUO129</lei>
        <title>SUMIBK 1.902 09/17/28</title>
        <cusip>86562MCG3</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>ATLASSIAN CORP</name>
        <lei>549300V7ZY5P02D2MY38</lei>
        <title>TEAM 5.5 05/15/34</title>
        <cusip>049468AB7</cusip>
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          <ticker value="TEAM"/>
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        <curCd>USD</curCd>
        <valUSD>312280.18</valUSD>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA6599</title>
        <cusip>36179VKL3</cusip>
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          <ticker value="GNR"/>
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        <curCd>USD</curCd>
        <valUSD>103007.94</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2050-04-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3</annualizedRt>
          <isDefault>N</isDefault>
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        <name>HCA INC</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA 6.1 04/01/64</title>
        <cusip>404119CW7</cusip>
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          <ticker value="HCA"/>
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        <curCd>USD</curCd>
        <valUSD>76425.72</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2064-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>PRUDENTIAL FINANCIAL INC</name>
        <lei>5PRBRS5FEH7NREC8OR45</lei>
        <title>PRU V3.7 10/01/50</title>
        <cusip>744320BH4</cusip>
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          <isin value="US744320BH48"/>
          <ticker value="PRU"/>
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        <balance>360000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>332035.74</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>2050-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.7000008</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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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN BANKS</name>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>2</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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        <cusip>3140QMJZ8</cusip>
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        <valUSD>233903.17</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2051-11-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2</annualizedRt>
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      <invstOrSec>
        <name>SIERRA PACIFIC POWER COMPANY</name>
        <lei>QB888G5GSVGE1LD1WV84</lei>
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        <cusip>826418BS3</cusip>
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        <curCd>USD</curCd>
        <valUSD>398365.24</valUSD>
        <pctVal>0.0418759019</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>BAKER HUGHES HOLDINGS LLC / BAKER HUGHES CO-OBLIGOR INC</name>
        <lei>N/A</lei>
        <title>BHI 5.85 06/15/56</title>
        <cusip>05724BAQ2</cusip>
        <identifiers>
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          <ticker value="BHI"/>
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        <balance>175000</balance>
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        <curCd>USD</curCd>
        <valUSD>172737.27</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.85</annualizedRt>
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      <invstOrSec>
        <name>GRAND RIVER FUNDING TRUST II</name>
        <lei>N/A</lei>
        <title>JXN 7.28 02/15/56 144A</title>
        <cusip>38644CAA3</cusip>
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          <isin value="US38644CAA36"/>
          <ticker value="JXN"/>
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        <balance>300000</balance>
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        <curCd>USD</curCd>
        <valUSD>312926.66</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2056-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.28</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PANAMA, REPUBLIC OF - MINISTRY OF PLANNING AND ECONOMIC POLICY</name>
        <lei>549300SHS4T08CL0LP14</lei>
        <title>PANAMA 8.875 09/30/27</title>
        <cusip>698299AD6</cusip>
        <identifiers>
          <isin value="US698299AD63"/>
          <ticker value="PANAMA"/>
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        <balance>93000</balance>
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        <curCd>USD</curCd>
        <valUSD>98133.6</valUSD>
        <pctVal>0.0103157419</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>PA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>8.875</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VERIZON COMMUNICATIONS INC</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>VZ 7.75 12/01/30</title>
        <cusip>92344GAM8</cusip>
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          <ticker value="VZ"/>
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        <balance>27000</balance>
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        <curCd>USD</curCd>
        <valUSD>30401.71</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>2030-12-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.75</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>VODAFONE GROUP PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>VOD 7.875 02/15/30</title>
        <cusip>92857TAH0</cusip>
        <identifiers>
          <isin value="US92857TAH05"/>
          <ticker value="VOD"/>
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        <balance>103000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>114773.31</valUSD>
        <pctVal>0.0120648977</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>7.875</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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        <name>VENEZUELA, BOLIVARIAN REPUBLIC OF - MINISTRY OF FINANCE</name>
        <lei>529900XM8PJTJK5OJI77</lei>
        <title>VENZ 9.25 09/15/27</title>
        <cusip>922646AS3</cusip>
        <identifiers>
          <isin value="US922646AS37"/>
          <ticker value="VENZ"/>
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        <balance>10000</balance>
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        <curCd>USD</curCd>
        <valUSD>5240</valUSD>
        <pctVal>0.0005508255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>NUSS</issuerCat>
        <invCountry>VE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>9.25</annualizedRt>
          <isDefault>Y</isDefault>
          <areIntrstPmntsInArrs>Y</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FR SD8172</title>
        <cusip>3132DWCH4</cusip>
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          <isin value="US3132DWCH43"/>
          <ticker value="FHLMC"/>
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        <balance>30964.72</balance>
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        <curCd>USD</curCd>
        <valUSD>24925.05</valUSD>
        <pctVal>0.0026201055</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>2</annualizedRt>
          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>VFH PARENT LLC</name>
        <lei>549300FRO9M476YHHY64</lei>
        <title>VIRT 7.5 06/15/31 144A</title>
        <cusip>91824YAA6</cusip>
        <identifiers>
          <isin value="US91824YAA64"/>
          <ticker value="VIRT"/>
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        <curCd>USD</curCd>
        <valUSD>546076.44</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>7.5</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>BRSP 2026-FL3 Ltd / BRSP 2026-FL3 LLC</name>
        <lei>N/A</lei>
        <title>BRSP 2026-FL3 B</title>
        <cusip>116686AE6</cusip>
        <identifiers>
          <isin value="US116686AE66"/>
          <ticker value="BRSP"/>
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        <balance>350000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>349847.3</valUSD>
        <pctVal>0.0367757268</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2043-08-19</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.6110104</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>CROSS 2026-NQM1 MORTGAGE TRUST</name>
        <lei>N/A</lei>
        <title>CROSS 2026-NQM1 A2</title>
        <cusip>22758EAF4</cusip>
        <identifiers>
          <isin value="US22758EAF43"/>
          <ticker value="CROSS"/>
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        <curCd>USD</curCd>
        <valUSD>338029.14</valUSD>
        <pctVal>0.0355334093</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2061-02-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.9529988</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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      <invstOrSec>
        <name>VB-S1 ISSUER LLC</name>
        <lei>N/A</lei>
        <title>VBTEL 2026-1A C2</title>
        <cusip>91825HAA2</cusip>
        <identifiers>
          <isin value="US91825HAA23"/>
          <ticker value="VBTOW"/>
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        <balance>800000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>782211.52</valUSD>
        <pctVal>0.0822255799</pctVal>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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      <invstOrSec>
        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2-30YR-Multi</title>
        <cusip>21H062651</cusip>
        <identifiers>
          <isin value="US21H0626513"/>
          <ticker value="GNR"/>
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        <balance>351000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>366623.81</valUSD>
        <pctVal>0.0385392629</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>6.5</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNMA-30YR</title>
        <cusip>01F060667</cusip>
        <identifiers>
          <isin value="US01F0606677"/>
          <ticker value="FNMA"/>
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        <balance>1200000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1223733.41</valUSD>
        <pctVal>0.1286380816</pctVal>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2049-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>SYSCO CORP</name>
        <lei>5RGWIFLMGH3YS7KWI652</lei>
        <title>SYY 4.95 03/25/36</title>
        <cusip>871829BX4</cusip>
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          <ticker value="SYY"/>
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        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>95954.11</valUSD>
        <pctVal>0.0100866353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-03-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.95</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LOEWS CORP</name>
        <lei>R8V1FN4M5ITGZOG7BS19</lei>
        <title>L 4.94 04/01/36</title>
        <cusip>540424AU2</cusip>
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          <isin value="US540424AU23"/>
          <ticker value="L"/>
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        <balance>210000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>204951.2</valUSD>
        <pctVal>0.0215443404</pctVal>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN BANKS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TENNESSEE VALLEY AUTHORITY (TN)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDEX CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>EVERSOURCE ENERGY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <title>FN CB2838</title>
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        <fairValLevel>2</fairValLevel>
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        <name>WALMART INC</name>
        <lei>Y87794H0US1R65VBXU25</lei>
        <title>WMT 5.25 09/01/35</title>
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        <fairValLevel>2</fairValLevel>
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        <name>WYETH LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ABBOTT LABORATORIES</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PROLOGIS TARGETED U.S. LOGISTICS FUND LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TARGA RESOURCES CORP</name>
        <lei>5493003QENHHS261UR94</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIGROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>ARGENTUM NETHERLANDS BV</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MADISON PARK FUNDING LXXIII LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PENNYMAC FINANCIAL SERVICES INC</name>
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        <name>PENNYMAC FINANCIAL SERVICES INC</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN AW4229</title>
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        <name>CFK TRUST 2019-FAX</name>
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        <title>CFK 2019-FAX D</title>
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        <fairValLevel>2</fairValLevel>
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        <name>ALTRIA GROUP INC</name>
        <lei>XSGZFLO9YTNO9VCQV219</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN CA3094</title>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>NRG ENERGY INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>INDONESIA, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICO</name>
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        <name>TRTX 2025-FL7 ISSUER LTD</name>
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        <name>PECO ENERGY COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HUNGARY, REPUBLIC OF - MINISTRY OF FINANCE</name>
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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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        <name>FIGRE TRUST 2023-HE1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COREBRIDGE FINANCIAL INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SANTANDER UK GROUP HOLDINGS PLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RWC COMMERCIAL MORTGAGE 2025-1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DB MASTER FINANCE LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TOTALENERGIES CAPITAL USA LLC</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>TRITON CONTAINER INTERNATIONAL LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>BAYVIEW COMMERCIAL ASSET TRUST 2006-1</name>
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          <ticker value="BAYC"/>
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        <fairValLevel>2</fairValLevel>
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        <name>ALABAMA POWER COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VANGUARD CHARLOTTE FUNDS</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ORACLE CORP</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal National Mortgage Association</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FS7940</title>
        <cusip>3140XPZE2</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>PETROLEOS MEXICANOS SA DE CV</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>SVC ABS LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VERTIV HOLDINGS COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <title>FG G61989</title>
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        <fairValLevel>2</fairValLevel>
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        <name>GS MORTGAGE SECURITIES CORP</name>
        <lei>CU46ESEFJB81SUVBJO28</lei>
        <title>GSAA 2006-4 1A1</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PETROLEOS MEXICANOS SA DE CV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <title>FN FM5315</title>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>GRAND RIVER FUNDING TRUST I</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SWITCH ABS ISSUER LLC</name>
        <lei>N/A</lei>
        <title>SWTCH 2026-1A A21</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PEPSICO INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>RAKUTEN GROUP INC</name>
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        <invCountry>JP</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <title>FR SB0514</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>EQT CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CHILE, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PROVIDENT FNDG. MTGE. VAR</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PHILIPPINES, REPUBLIC OF - DEPARTMENT OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ORL 2024-GLKS MORTGAGE TRUST</name>
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        <name>GA GLOBAL FUNDING TRUST</name>
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        <name>APA INFRASTRUCTURE LTD</name>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Mortgage Corp.</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FR SC0111</title>
        <cusip>3132D9DQ4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>TARGA RESOURCES PARTNERS LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN CA8635</title>
        <cusip>3140QGSZ1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>SABINE PASS LIQUEFACTION LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <title>FR ZS9068</title>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA7767</title>
        <cusip>36179WTY4</cusip>
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          <ticker value="GNR"/>
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        <fairValLevel>2</fairValLevel>
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        <name>BP CAPITAL MARKETS AMERICA INC</name>
        <lei>5493009NTB34VXE1T760</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>PHILIPPINES, REPUBLIC OF - DEPARTMENT OF FINANCE</name>
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        <cusip>Y6972FE89</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>COMM 2025-167G MORTGAGE TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CARNIVAL CORP</name>
        <lei>F1OF2ZSX47CR0BCWA982</lei>
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          <ticker value="CCL"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>MUANGTHAI CAPITAL PCL</name>
        <lei>254900ZI1FO2W9132C98</lei>
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        <cusip>Y613G3QA0</cusip>
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        <curCd>USD</curCd>
        <valUSD>253588.24</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NEXTERA ENERGY CAPITAL HOLDINGS INC</name>
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        <fairValLevel>1</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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>STEWART INFORMATION SERVICES CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIGROUP INC</name>
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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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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>GLOBAL ATLANTIC (FIN) COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HOMES 2025-NQM4 TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VANTAGE DATA CENTERS ISSUER LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HUMANA INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>ONEOK INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HERC HOLDINGS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FHLMC Super 30Y Fixed</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY (NY)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PRPM 2025-5 LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MORTIMER 2025-1 PLC</name>
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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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        <name>Federal National Mortgage Association</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CIGNA GROUP (THE)</name>
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        <name>DOMINION ENERGY INC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>ARES DIRECT LENDING CLO 5 LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>APLD COMPUTECO LLC</name>
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        <name>MERCK &amp; COMPANY INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <title>FG G60972</title>
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        <fairValLevel>2</fairValLevel>
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        <name>EGYPT, ARAB REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BAKER HUGHES HOLDINGS LLC / BAKER HUGHES CO-OBLIGOR INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <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>2</fairValLevel>
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        <name>FLUTTER TREASURY DAC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VEDANTA RESOURCES FINANCE II PLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>LOWE'S COMPANIES INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COMPASS DATACENTERS ISSUER III LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ALPHABET INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PLYM COMMERCIAL MORTGAGE TRUST 2026-IND</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FIDELITY NATIONAL INFORMATION SERVICES INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNION PACIFIC CORP</name>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <title>FN FM1518</title>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITEDHEALTH GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>ENTERPRISE PRODUCTS OPERATING LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>APPLE INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MVM ENERGETIKA ZRT</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MORGAN STANLEY RESIDENTIAL MORTGAGE LOAN TRUST 2025-DSC2</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COMM 2025-SBX MORTGAGE TRUST</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Series Trust-1 Trust</name>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>SAN MIGUEL GLOBAL POWER HOLDINGS CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PARK BLUE CLO 2025-IX LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PRIME PPTY FD 5.81%</name>
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        <fairValLevel>3</fairValLevel>
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        <name>CERBERUS LOAN FUNDING 51 LLC</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>NELNET STUDENT LOAN TRUST 2025-B</name>
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        <fairValLevel>2</fairValLevel>
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        <name>NELNET STUDENT LOAN TRUST 2025-B</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>JP MORGAN CHASE &amp; COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CELLNEX FINANCE COMPANY SAU</name>
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        <fairValLevel>2</fairValLevel>
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        <name>PFP 2026-13 LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN CB6868</title>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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        <name>COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICO</name>
        <lei>549300MHDRBVRF6B9117</lei>
        <title>COLTES 11.75 01/24/35 B</title>
        <cusip>P6S337RP2</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>ORACLE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BROADCOM INC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CENTENE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HCA INC</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PUBLIC SERVICE COMPANY OF COLORADO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ENTEGRIS INC</name>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>DE</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>FIVE GUYS FUNDING LLC</name>
        <lei>549300LV8X8T05G1H175</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
        <title>FR RJ1718</title>
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          <ticker value="FHLMC"/>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>C V0 12/11/30 mTn</title>
        <cusip>17292GKU8</cusip>
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          <ticker value="C"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>EQT CORP</name>
        <lei>4NT01YGM4X7ZX86ISY52</lei>
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        <cusip>26884LAG4</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>GS FINANCE CORP</name>
        <lei>549300FR80KBVO6DRL61</lei>
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        <cusip>40058WV86</cusip>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
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        <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>FNMA-15YR</title>
        <cusip>01F042467</cusip>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>TPG OPERATING GROUP II LP</name>
        <lei>2549001H9RJQNZT7MU11</lei>
        <title>TPG 5.875 03/05/34</title>
        <cusip>872652AA0</cusip>
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          <ticker value="TPG"/>
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        <name>SYMETRA LIFE INSURANCE COMPANY</name>
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        <name>WESTCONNEX FINANCE COMPANY PTY LTD</name>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>Federal Home Loan Mortgage Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Allison Transmission</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SPAIN, KINGDOM OF - MINISTERIO DE ECONOMIA Y HACIENDA</name>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <name>TABCORP FINANCE PTY LTD</name>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <name>ROMANIA, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <name>RWLV CAPITAL INC</name>
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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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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BANK OF AMERICA CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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          <isin value="US01F0526727"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ENERGY TRANSFER LP</name>
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          <ticker value="ET"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>STUDIO CITY FINANCE LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UKRAINE, REPUBLIC OF - MINISTRY OF FINANCE</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AETHON UNITED BR LP / AETHON UNITED FINANCE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VELOCITY COMMERCIAL CAPITAL LOAN TRUST 2024-6</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VEGAS 2024-GCS</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MELCO RESORTS FINANCE LTD</name>
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        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN FM7599</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Burlington Stores</name>
        <lei>N/A</lei>
        <title>Burlington Stores Term Loan B-7 175 2031-09-08</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>BROADCOM INC</name>
        <lei>549300WV6GIDOZJTV909</lei>
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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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        <name>INTEL CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AT&amp;T INC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>STAR 2025-SFR6 TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>FS RIALTO 2024-FL9 ISSUER LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CSMC 2020-SPT1 TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>VB-S1 ISSUER LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>DT MIDSTREAM INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AASET 2025-1 LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GARFUNKELUX HOLDCO 3 SA</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>JCP DIRECT LENDING CLO 2023-1 LTD</name>
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        <invCountry>JE</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <title>T 4 11/15/35</title>
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        <curCd>USD</curCd>
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        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <issuerCat>USGSE</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FNR 2025-69 DA</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>DOMINION ENERGY INC</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
        <title>D V6 02/15/56 **</title>
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          <ticker value="D"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2-30YR-Multi</title>
        <cusip>21H062669</cusip>
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          <ticker value="GNR"/>
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        <curCd>USD</curCd>
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        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>BAY AREA TOLL AUTHORITY (CA)</name>
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        <assetCat>DBT</assetCat>
        <issuerCat>MUN</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>GOLDMAN SACHS GROUP INC (THE)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COMM 2025-167G MORTGAGE TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>STWD 2021-FL2 LTD</name>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>GULFSTREAM NATURAL GAS SYSTEM LLC</name>
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        <title>GULFNG 5.6 07/23/35 144A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>MILE TRUST 2025-STNE</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>MERCK &amp; COMPANY INC</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
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        <curCd>USD</curCd>
        <valUSD>249685.37</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-09-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.15</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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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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        <name>Federal Home Loan Mortgage Corp.</name>
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        <name>EFMT 2025-CES4</name>
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        <name>MSCI INC</name>
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        <name>VERIZON COMMUNICATIONS INC</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>NEUBERGER BERMAN CLO 32R LTD</name>
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        <name>URUGUAY, REPUBLICA ORIENTAL DEL - MINISTERIO DE ECONOMIA Y FINANZAS</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL</name>
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        <name>UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO</name>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>AITX FINCO LLC 5.67%</name>
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        <fairValLevel>3</fairValLevel>
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        <name>BX TRUST 2018-BILT</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Resurgent Trade and Investment Ltd.</name>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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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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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HOMES 2025-AFC2 TRUST</name>
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        <name>RETAINED VANTAGE DATA CENTERS ISSUER LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <name>PERU, REPUBLIC OF - DIRECCION GENERAL DE CREDITO PUBLICO</name>
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        <name>JW COMMERCIAL MORTGAGE TRUST 2024-MRCO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>MUANGTHAI CAPITAL PCL</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DIAMONDBACK ENERGY INC</name>
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        <name>GEORGIA POWER COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>3M COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Herc Holdings</name>
        <lei>549300TP80QLITMSBP82</lei>
        <title>Herc Holdings Term Loan B 175 2032-06-01</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GOVERNMENT NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>549300M8ZYFG0OCMTT87</lei>
        <title>G2 MA6658</title>
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        <issuerCat>USGA</issuerCat>
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        <fairValLevel>2</fairValLevel>
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        <name>NATWEST GROUP PLC</name>
        <lei>2138005O9XJIJN4JPN90</lei>
        <title>NWG V3.073 05/22/28</title>
        <cusip>780097BP5</cusip>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>ABBVIE INC</name>
        <lei>FR5LCKFTG8054YNNRU85</lei>
        <title>ABBV 4.875 11/14/48</title>
        <cusip>00287YBD0</cusip>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isDefault>N</isDefault>
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        <name>STANDARD CHARTERED PLC</name>
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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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        <name>AVILEASE CAPITAL LTD</name>
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        <name>METLIFE INC</name>
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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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        <name>LRECS 2025-CRE1 LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>TARGA RESOURCES CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>MEDCO LAUREL TREE PTE LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COREBRIDGE GLOBAL FUNDING</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VONTIER CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TRUSTAGE FINANCIAL GROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ENTERGY CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ELI LILLY &amp; COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BOARDWALK PIPELINES LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Entain (fka GVC Holdings)</name>
        <lei>213800ATWJIEYQ8NF838</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>NRG Energy</name>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <name>SLAM 2024-1 LTD</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <issuerCat>UST</issuerCat>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>SERVPRO MASTER ISSUER LLC</name>
        <lei>N/A</lei>
        <title>SPRO 2025-1A A2</title>
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        <balance>547250</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>CHENIERE ENERGY INC</name>
        <lei>MIHC87W9WTYSYZWV1J40</lei>
        <title>LNG 5.65 04/15/34</title>
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        <curCd>USD</curCd>
        <valUSD>339957.87</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Flutter Entertainment</name>
        <lei>635400VFWPBIKJK6GN11</lei>
        <title>Flutter Entertainment Term Loan B 175 2030-11-01</title>
        <cusip>N3313EAG5</cusip>
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          <ticker value="FLTR"/>
          <other otherDesc="IDII" value="7TN97H6"/>
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        <curCd>USD</curCd>
        <valUSD>88754.52</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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        <securityLending>
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        <name>BDS 2025-FL16 LLC</name>
        <lei>N/A</lei>
        <title>BDS 2025-FL16 B</title>
        <cusip>05556XAE4</cusip>
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          <isin value="US05556XAE40"/>
          <ticker value="BDS"/>
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        <balance>150000</balance>
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        <curCd>USD</curCd>
        <valUSD>149025.15</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
        <lei>B1V7KEBTPIMZEU4LTD58</lei>
        <title>FN MA6053</title>
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          <ticker value="FNMA"/>
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        <curCd>USD</curCd>
        <valUSD>906871.17</valUSD>
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        <issuerCat>USGSE</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>PG&amp;E CORP</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
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          <ticker value="PCG"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>TORONTO DOMINION BANK (THE)</name>
        <lei>PT3QB789TSUIDF371261</lei>
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          <ticker value="TD"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>T 4.375 11/15/39</title>
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          <ticker value="T"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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        <name>CERBERUS LOAN FUNDING 53 LLC</name>
        <lei>635400YQBXB1DKX6JK08</lei>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>THOR FINANCECO LLC 5.22%</name>
        <lei>N/A</lei>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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        <name>OBX 2026-NQM5 TRUS 5.574%</name>
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        <title>OBX 2026-NQM5 TRUS 5.574%</title>
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        <name>MEIJI YASUDA LIFE INSURANCE COMPANY</name>
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        <fairValLevel>2</fairValLevel>
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        <name>COMMONWEALTH BANK OF AUSTRALIA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TELUS CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>TELUS CORP</name>
        <lei>894500TX134IMF6NW757</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>MINISTERO DELL'ECONOMIA E DELLE FINANZE - DIPARTIMENTO DEL TESORO</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GARTNER INC</name>
        <lei>PP55B5R38BFB8O8HH686</lei>
        <title>IT 3.75 10/01/30 144A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <name>WENDY'S FUNDING LLC</name>
        <lei>5493009DRVSTWJOXUL48</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>NEXTERA ENERGY CAPITAL HOLDINGS INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OWL ROCK CLO XXII LLC</name>
        <lei>254900R8KCHZBP66MP06</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>GCAT 2025-INV3 TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>200 PARK FUNDING TRUST</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FARMERS INSURANCE EXCHANGE</name>
        <lei>549300UWG2TLX1GZVT44</lei>
        <title>FARMER V7 10/15/64 144A</title>
        <cusip>309601AG7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>BEACON FUNDING TRUST</name>
        <lei>984500A80A2EBF5A7C93</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>BAC V5.744 02/12/36</title>
        <cusip>06051GMQ9</cusip>
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        <valUSD>356762.62</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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        <fairValLevel>2</fairValLevel>
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        <name>FAIRFAX FINANCIAL HOLDINGS LTD</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SALUDA GRADE ALTERNATIVE MORTGAGE TRUST 2025-RRTL1</name>
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        <fairValLevel>2</fairValLevel>
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        <name>DRI HEALTHCARE 5.35%</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SPIRE INC (US)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL NATIONAL MORTGAGE ASSOCIATION</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CITIGROUP INC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CMS ENERGY CORP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>FEDERAL HOME LOAN MORTGAGE CORP</name>
        <lei>S6XOOCT0IEG5ABCC6L87</lei>
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        <cusip>01F012452</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <title>T 2.375 05/15/51</title>
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        <fairValLevel>2</fairValLevel>
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        <name>UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CZECH, REPUBLIC - MINISTRY OF FINANCE</name>
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        <invCountry>CZ</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <title>IRS_CCP ZAR RCV JIBAR3M PAY 6.686% 18-MAR-2031</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP CZK RCV PRBOR6M PAY 3.615% 18-MAR-2031</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRS_CCP CZK RCV PRBOR6M PAY 3.58% 18-MAR-2031</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OIS_CCP INR RCV 5.62% PAY MIBOR1D 17-JUN-2027</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OIS_CCP INR RCV MIBOR1D PAY 6.16% 17-JUN-2031</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EQIX RCV IBOXX USD PAY SOFR 1D 22-06-26</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OIS_CCP INR RCV 6.081% PAY MIBOR1D 17-JUN-2028</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRS_CCP HUF RCV 5.54% PAY BUBOR6M 18-JUN-2036</name>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP PLN RCV WIBOR6M PAY 3.880216% 17-DEC-2027</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Morgan Stanley &amp; Co. LLC</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP CZK RCV 3.89% PAY PRBOR6M 17-DEC-2030</name>
        <lei>N/A</lei>
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        <assetCat>DIR</assetCat>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Morgan Stanley &amp; Co. LLC</counterpartyName>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>OIS_CCP BRL RCV 13.238% PAY BZDIO1D 02-JAN-2031</name>
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          <isin value="N/A"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>BNP Paribas SA, Paris - Derivatives</counterpartyName>
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            <swapFlag>Y</swapFlag>
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      </invstOrSec>
      <invstOrSec>
        <name>OIS_CCP BRL RCV BZDIO1D PAY 13.864% 04-JAN-2027</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP ZAR RCV JIBAR3M PAY 6.8675% 17-DEC-2030</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <swapFlag>Y</swapFlag>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP PLN RCV WIBOR6M PAY 4% 17-DEC-2026</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>OIS_CCP MXN RCV 7.32% PAY MXIBTIEF1D 05-NOV-2030</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRS_CCP PLN RCV WIBOR6M PAY 3.95% 17-DEC-2027</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRS_CCP CNY RCV 1.584% PAY CNRR07D 17-DEC-2030</name>
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      <invstOrSec>
        <name>IRS COP RCV 10.78% PAY COOVI1D 18-MAR-2028</name>
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        <name>IRS_CCP KRW RCV 3.67% PAY KWCDC3M 17-JUN-2031</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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            <terminationDt>2036-06-17</terminationDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>OIS_CCP INR RCV 6.448% PAY MIBOR1D 17-JUN-2028</name>
        <lei>N/A</lei>
        <title>OIS_CCP INR RCV 6.448% PAY MIBOR1D 17-JUN-2028</title>
        <cusip>000000000</cusip>
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          <isin value="N/A"/>
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        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>JP Morgan International Bank Ltd</counterpartyName>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP CZK RCV 4.595% PAY PRBOR6M 17-JUN-2036</name>
        <lei>N/A</lei>
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        <cusip>000000000</cusip>
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        <assetCat>DIR</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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            <counterparties>
              <counterpartyName>Morgan Stanley &amp; Co. LLC</counterpartyName>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>OIS_CCP USD RCV 3.228% PAY SOFR1D 11-DEC-2027</name>
        <lei>N/A</lei>
        <title>OIS_CCP USD RCV 3.228% PAY SOFR1D 11-DEC-2027</title>
        <cusip>000000000</cusip>
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          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N61UGU"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Goldman Sachs International</counterpartyName>
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            <swapFlag>Y</swapFlag>
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            <terminationDt>2027-12-11</terminationDt>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>OIS_CCP MXN RCV 8.27% PAY MXIBTIEF1D 05-DEC-2035</name>
        <lei>N/A</lei>
        <title>OIS_CCP MXN RCV 8.27% PAY MXIBTIEF1D 05-DEC-2035</title>
        <cusip>000000000</cusip>
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          <isin value="N/A"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>BNP Paribas SA, Paris - Derivatives</counterpartyName>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP CNY RCV 1.556% PAY CNRR07D 18-MAR-2029</name>
        <lei>N/A</lei>
        <title>IRS_CCP CNY RCV 1.556% PAY CNRR07D 18-MAR-2029</title>
        <cusip>000000000</cusip>
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          <isin value="N/A"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>BNP Paribas SA, Paris - Derivatives</counterpartyName>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP ZAR RCV JIBAR3M PAY 6.72% 17-DEC-2026</name>
        <lei>N/A</lei>
        <title>IRS_CCP ZAR RCV JIBAR3M PAY 6.72% 17-DEC-2026</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="NT_ID" value="9N5H75U"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>Morgan Stanley &amp; Co. LLC</counterpartyName>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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      <invstOrSec>
        <name>IRS_CCP PLN RCV WIBOR6M PAY 4.05% 17-DEC-2030</name>
        <lei>N/A</lei>
        <title>IRS_CCP PLN RCV WIBOR6M PAY 4.05% 17-DEC-2030</title>
        <cusip>000000000</cusip>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>Morgan Stanley &amp; Co. LLC</counterpartyName>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>OIS_CCP BRL RCV 13.02% PAY BZDIO1D 02-JAN-2029</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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            <swapFlag>Y</swapFlag>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP CNY RCV 1.638% PAY CNRR07D 18-MAR-2031</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP HUF RCV 5.76% PAY BUBOR6M 18-MAR-2028</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>IRS_CCP HUF RCV 5.98% PAY BUBOR6M 18-MAR-2031</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OIS_CCP MXN RCV 7.53% PAY MXIBTIEF1D 03-JAN-2031</name>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>HSBC Bank PLC</counterpartyName>
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      <invstOrSec>
        <name>OIS_CCP MXN RCV 8% PAY MXIBTIEF1D 28-DEC-2035</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRS COP RCV COOVI1D PAY 10.595% 18-MAR-2030</name>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Goldman Sachs International</counterpartyName>
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      <invstOrSec>
        <name>OIS_CCP BRL RCV BZDIO1D PAY 13.695% 04-JAN-2027</name>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>HSBC Bank PLC</counterpartyName>
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      <invstOrSec>
        <name>IRS_CCP PLN RCV WIBOR6M PAY 4.12% 17-JUN-2031</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>IRS_CCP CNY RCV CNRR07D PAY 1.611% 16-SEP-2031</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EQIX RCV IBOXX $ LI PAY SOFR 1D 22-06-26</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EQIX RCV SOFR 1D PAY IBOXX USD 22-06-26</name>
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      <invstOrSec>
        <name>OIS_CCP BRL RCV 13.75% PAY BZDIO1D 03-JAN-2028</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EQIX RCV IBOXX USD PAY SOFR 1D 22-06-26</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OIS_CCP MXN RCV 7.675% PAY MXIBTIEF1D 07-APR-2031</name>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Morgan Stanley &amp; Co. LLC</counterpartyName>
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      <invstOrSec>
        <name>OIS_CCP BRL RCV 13.39875% PAY BZDIO1D 03-JAN-2028</name>
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        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>BNP Paribas SA, Paris - Derivatives</counterpartyName>
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      <invstOrSec>
        <name>OIS_CCP MXN RCV 7.1725% PAY MXIBTIEF1D 11-APR-2028</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OIS_CCP MXN RCV MXIBTIEF1D PAY 7.5525% 10-APR-2031</name>
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        <fairValLevel>2</fairValLevel>
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        <name>IRS COP RCV COOVI1D PAY 9.42% 17-DEC-2029</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OIS_CCP USD RCV SOFR1D PAY 3.7937% 16-MAY-2026</name>
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        <name>CDS_SN_CCP REPUBLIC OF COLOMBIA 1% 20310620</name>
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        <title>CDS_SN_CCP REPUBLIC OF COLOMBIA 1% 20310620</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CDS_SN_CCP SAUDI INTERNATIONAL B 1% 20310620</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CDS_SN_CCP FED REPUBLIC OF BRAZI 1% 20310620</name>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>Morgan Stanley &amp; Co. LLC</counterpartyName>
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        <name>CDS_SN_CCP OMAN GOV INTERNTL BON 1% 20310620</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CDS_SN_CCP KINGDOM OF MOROCCO 3% 1% 20310620</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CDS_SN ALTICE FRANCE SA 4.75 5% 20270620</name>
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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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    <signature>
      <ncom:dateSigned>2026-05-29</ncom:dateSigned>
      <ncom:nameOfApplicant>Morningstar Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>D. Scott Schilling</ncom:signature>
      <ncom:signerName>D. Scott Schilling</ncom:signerName>
      <ncom:title>Chief Compliance Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
