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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967PR6</cusip>
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          <isin value="US172967PR67"/>
          <ticker value="C"/>
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        <curCd>USD</curCd>
        <valUSD>1680103.500000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
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          <isin value="US172967QJ33"/>
          <ticker value="C"/>
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        <balance>2785000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2819135.330000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>CITIGROUP INC</name>
        <lei>6SHGI4ZSSLCXXQSBB395</lei>
        <title>Citigroup Inc</title>
        <cusip>172967QK0</cusip>
        <identifiers>
          <isin value="US172967QK06"/>
          <ticker value="C"/>
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        <balance>1115000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1121215.010000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ELLINGTON FINANCIAL</name>
        <lei>60GS1D1R1YY5G1W7IT74</lei>
        <title>Ellington Financial Inc</title>
        <cusip>28852N307</cusip>
        <identifiers>
          <isin value="US28852N3070"/>
          <ticker value="EFC"/>
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        <balance>10903.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>266796.410000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>ELLINGTON FINANCIAL</name>
        <lei>60GS1D1R1YY5G1W7IT74</lei>
        <title>Ellington Financial Inc</title>
        <cusip>28852N406</cusip>
        <identifiers>
          <isin value="US28852N4060"/>
          <ticker value="EFC"/>
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        <balance>9048.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>228914.400000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>EMERA INC</name>
        <lei>NQZVQT2P5IUF2PGA1Q48</lei>
        <title>Emera Inc</title>
        <cusip>290876AD3</cusip>
        <identifiers>
          <isin value="US290876AD37"/>
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        <balance>2380000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2381432.760000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2076-06-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.750000000000</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>EMERA US FINANCE LLC</name>
        <lei>N/A</lei>
        <title>Emera US Finance LLC</title>
        <cusip>29103HAA5</cusip>
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          <isin value="US29103HAA59"/>
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        <balance>740000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>741892.180000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-10-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.650000000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MFA FINANCIAL INC</name>
        <lei>YW72IMH2RRC8Z1TGLG58</lei>
        <title>MFA Financial Inc</title>
        <cusip>55272X706</cusip>
        <identifiers>
          <isin value="US55272X7066"/>
          <ticker value="MFA"/>
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        <balance>10402.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>265979.140000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MIDLAND STATES BANCORP</name>
        <lei>5493006RHXW9TTBWYC94</lei>
        <title>Midland States Bancorp Inc</title>
        <cusip>597742303</cusip>
        <identifiers>
          <isin value="US5977423038"/>
          <ticker value="MSBI"/>
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        <balance>10402.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>264106.780000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61745VAB9</cusip>
        <identifiers>
          <isin value="US61745VAB99"/>
          <ticker value="MS"/>
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        <balance>675000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>676964.250000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61747S504</cusip>
        <identifiers>
          <isin value="US61747S5047"/>
          <ticker value="MS"/>
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        <balance>87452.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1699192.360000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61761J406</cusip>
        <identifiers>
          <isin value="US61761J4067"/>
          <ticker value="MS"/>
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        <balance>79501.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1996270.110000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61762V200</cusip>
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          <isin value="US61762V2007"/>
          <ticker value="MS"/>
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        <balance>68570.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1740306.600000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61762V606</cusip>
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          <isin value="US61762V6065"/>
          <ticker value="MS"/>
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        <balance>79501.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1923924.200000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
        <cusip>61762V853</cusip>
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          <isin value="US61762V8533"/>
          <ticker value="MS"/>
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        <balance>79501.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2008990.270000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ADAMAS TRUST INC</name>
        <lei>549300JFGR0M7ULHWG48</lei>
        <title>Adamas Trust Inc</title>
        <cusip>649604816</cusip>
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          <isin value="US6496048165"/>
          <ticker value="ADAM"/>
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        <balance>8294.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>211911.700000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADAMAS TRUST INC</name>
        <lei>549300JFGR0M7ULHWG48</lei>
        <title>Adamas Trust Inc</title>
        <cusip>649604865</cusip>
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          <isin value="US6496048652"/>
          <ticker value="ADAM"/>
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        <balance>12970.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>312836.400000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADAMAS TRUST INC</name>
        <lei>549300JFGR0M7ULHWG48</lei>
        <title>Adamas Trust Inc</title>
        <cusip>649604873</cusip>
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          <isin value="US6496048736"/>
          <ticker value="ADAM"/>
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        <curCd>USD</curCd>
        <valUSD>381986.340000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ADAMAS TRUST INC</name>
        <lei>549300JFGR0M7ULHWG48</lei>
        <title>Adamas Trust Inc</title>
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          <isin value="US6496048819"/>
          <ticker value="ADAM"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>PG&amp;E CORP</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>PG&amp;E Corp</title>
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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>Variable</couponKind>
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      <invstOrSec>
        <name>PNC FINANCIAL SERVICES</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The</title>
        <cusip>693475AQ8</cusip>
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          <isin value="US693475AQ81"/>
          <ticker value="PNC"/>
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        <curCd>USD</curCd>
        <valUSD>1042116.950000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PNC FINANCIAL SERVICES</name>
        <lei>CFGNEKW0P8842LEUIA51</lei>
        <title>PNC Financial Services Group Inc/The</title>
        <cusip>693475BC8</cusip>
        <identifiers>
          <isin value="US693475BC86"/>
          <ticker value="PNC"/>
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        <balance>3075000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3036945.650000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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        <name>VALLEY NATIONAL BANCORP</name>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>VALLEY NATIONAL BANCORP</name>
        <lei>549300ET52S1UBIB9762</lei>
        <title>Valley National Bancorp</title>
        <cusip>919794404</cusip>
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          <isin value="US9197944047"/>
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        <balance>13721.000000000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>VODAFONE GROUP PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group PLC</title>
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          <isin value="US92857WBQ24"/>
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        <curCd>USD</curCd>
        <valUSD>4171512.000000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2079-04-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.000000000000</annualizedRt>
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      <invstOrSec>
        <name>VODAFONE GROUP PLC</name>
        <lei>213800TB53ELEUKM7Q61</lei>
        <title>Vodafone Group PLC</title>
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          <isin value="US92857WBW91"/>
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        <balance>1985000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1849108.090000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
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        <invCountry>GB</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2081-06-04</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.125000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VOYA FINANCIAL INC</name>
        <lei>549300T065Z4KJ686G75</lei>
        <title>Voya Financial Inc</title>
        <cusip>929089209</cusip>
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          <isin value="US9290892093"/>
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        <balance>27162.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>651073.140000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>VOYA FINANCIAL INC</name>
        <lei>549300T065Z4KJ686G75</lei>
        <title>Voya Financial Inc</title>
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          <isin value="US929089AF72"/>
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        <balance>680000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>658030.490000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2048-01-23</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.700000000000</annualizedRt>
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        <securityLending>
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      <invstOrSec>
        <name>VOYA FINANCIAL INC</name>
        <lei>549300T065Z4KJ686G75</lei>
        <title>Voya Financial Inc</title>
        <cusip>929089AG5</cusip>
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          <isin value="US929089AG55"/>
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        <curCd>USD</curCd>
        <valUSD>677950.000000000000</valUSD>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>WEC ENERGY GROUP INC</name>
        <lei>549300IGLYTZUK3PVP70</lei>
        <title>WEC Energy Group Inc</title>
        <cusip>92939UAU0</cusip>
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          <isin value="US92939UAU07"/>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2056-05-15</maturityDt>
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      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
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          <isin value="US95002YAC75"/>
          <ticker value="WFC"/>
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        <curCd>USD</curCd>
        <valUSD>4160792.000000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WELLS FARGO &amp; COMPANY</name>
        <lei>PBLD0EJDB5FWOLXP3B76</lei>
        <title>Wells Fargo &amp; Co</title>
        <cusip>95002YAE3</cusip>
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          <isin value="US95002YAE32"/>
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        <curCd>USD</curCd>
        <valUSD>4515597.000000000000</valUSD>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESBANCO INC</name>
        <lei>N/A</lei>
        <title>WesBanco Inc</title>
        <cusip>950810887</cusip>
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          <isin value="US9508108878"/>
          <ticker value="WSBC"/>
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        <curCd>USD</curCd>
        <valUSD>537316.520000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WESTERN ALLIANCE BANCORP</name>
        <lei>5493003VJXZ5JXT9S762</lei>
        <title>Western Alliance Bancorp</title>
        <cusip>957638406</cusip>
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          <isin value="US9576384062"/>
          <ticker value="WAL"/>
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        <curCd>USD</curCd>
        <valUSD>644554.260000000000</valUSD>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>XCEL ENERGY INC</name>
        <lei>LGJNMI9GH8XIDG5RCM61</lei>
        <title>Xcel Energy Inc</title>
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        <balance>1650000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1631875.080000000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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          <maturityDt>2056-12-03</maturityDt>
          <couponKind>Variable</couponKind>
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      <invstOrSec>
        <name>TSAKOS ENERGY NAVIGATION</name>
        <lei>549300IFUTS62LRRCU54</lei>
        <title>Tsakos Energy Navigation Ltd</title>
        <cusip>EP0526210</cusip>
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          <isin value="BMG9108L1578"/>
          <ticker value="TEN"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
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      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29273VAN0</cusip>
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          <isin value="US29273VAN01"/>
          <ticker value="ET"/>
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        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29273VAX8</cusip>
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      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
        <cusip>29273VBC3</cusip>
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      <invstOrSec>
        <name>ENERGY TRANSFER LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer LP</title>
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        <assetCat>DBT</assetCat>
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          <maturityDt>2056-02-15</maturityDt>
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        <name>SUMISHO AIR LEASE CORP</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Sumisho Air Lease Corp</title>
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          <ticker value="SUMIAL"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <name>SUMISHO AIR LEASE CORP</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Sumisho Air Lease Corp</title>
        <cusip>00912XBQ6</cusip>
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          <ticker value="SUMIAL"/>
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        <balance>575000.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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        <name>CVS HEALTH CORP</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS Health Corp</title>
        <cusip>126650EH9</cusip>
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        <balance>4600000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>4772579.580000000000</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>2055-03-10</maturityDt>
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        <name>ENBRIDGE INC</name>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>RITHM CAPITAL CORP</name>
        <lei>549300WNTHGEO5LP2G31</lei>
        <title>Rithm Capital Corp</title>
        <cusip>64828T888</cusip>
        <identifiers>
          <isin value="US64828T8889"/>
          <ticker value="RITM"/>
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        <balance>22429.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>566107.960000000000</valUSD>
        <pctVal>0.1335100998</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>SYNCHRONY FINANCIAL</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial</title>
        <cusip>87165B400</cusip>
        <identifiers>
          <isin value="US87165B4005"/>
          <ticker value="SYF"/>
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        <balance>39750.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1045425.000000000000</valUSD>
        <pctVal>0.2465515518</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TEEKAY LNG PARTNERS</name>
        <lei>549300CP38L0UER0I397</lei>
        <title>Seapeak LLC</title>
        <cusip>EP0537951</cusip>
        <identifiers>
          <isin value="MHY8564M2048"/>
          <ticker value="TGP"/>
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        <balance>14918.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>381005.720000000000</valUSD>
        <pctVal>0.0898558496</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PG&amp;E CORP</name>
        <lei>8YQ2GSDWYZXO2EDN3511</lei>
        <title>PG&amp;E Corp</title>
        <cusip>69331CAN8</cusip>
        <identifiers>
          <isin value="US69331CAN83"/>
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        <balance>1985000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1984602.400000000000</valUSD>
        <pctVal>0.4680458201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.850000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PHILLIPS 66 CO</name>
        <lei>RVJMT2IZVVSKIRJJBH76</lei>
        <title>Phillips 66 Co</title>
        <cusip>718547AZ5</cusip>
        <identifiers>
          <isin value="US718547AZ55"/>
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        <balance>1985000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1978562.050000000000</valUSD>
        <pctVal>0.4666212725</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2056-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.875000000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PINNACLE FINANCL PARTNRS</name>
        <lei>N/A</lei>
        <title>Pinnacle Financial Partners Inc</title>
        <cusip>72348N208</cusip>
        <identifiers>
          <isin value="US72348N2080"/>
          <ticker value="PNFP"/>
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        <balance>17663.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>453585.840000000000</valUSD>
        <pctVal>0.1069730423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>TWO HARBORS INV CORP</name>
        <lei>549300ZUIBT6KH4HU823</lei>
        <title>Two Harbors Investment Corp</title>
        <cusip>90187B887</cusip>
        <identifiers>
          <isin value="US90187B8871"/>
          <ticker value="TWO"/>
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        <balance>10402.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>268787.680000000000</valUSD>
        <pctVal>0.0633905059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>US BANCORP</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US Bancorp</title>
        <cusip>902973155</cusip>
        <identifiers>
          <isin value="US9029731554"/>
          <ticker value="USB"/>
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        <balance>79501.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1496208.820000000000</valUSD>
        <pctVal>0.3528637697</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US BANCORP</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US Bancorp</title>
        <cusip>902973866</cusip>
        <identifiers>
          <isin value="US9029738666"/>
          <ticker value="USB"/>
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        <balance>1279.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1005178.890000000000</valUSD>
        <pctVal>0.2370599662</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>US BANCORP</name>
        <lei>N1GZ7BBF3NP8GI976H15</lei>
        <title>US Bancorp</title>
        <cusip>902973AZ9</cusip>
        <identifiers>
          <isin value="US902973AZ90"/>
          <ticker value="USB"/>
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        <balance>1985000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1978493.170000000000</valUSD>
        <pctVal>0.4666050279</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SUMISHO AIR LEASE CORP</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Sumisho Air Lease Corp</title>
        <cusip>00912XBJ2</cusip>
        <identifiers>
          <isin value="US00912XBJ28"/>
          <ticker value="SUMIAL"/>
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        <balance>675000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>671895.200000000000</valUSD>
        <pctVal>0.1584588127</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BP CAPITAL MARKETS PLC</name>
        <lei>549300CRVT18MXX0AG93</lei>
        <title>BP Capital Markets PLC</title>
        <cusip>05565QDV7</cusip>
        <identifiers>
          <isin value="US05565QDV77"/>
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        <balance>5045000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5001852.640000000000</valUSD>
        <pctVal>1.1796298447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-03-22</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>4.875000000000</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>BRC GROUP HOLDINGS INC</name>
        <lei>529900LRQ75IKIPK4990</lei>
        <title>BRC Group Holdings Inc</title>
        <cusip>05580M793</cusip>
        <identifiers>
          <isin value="US05580M7939"/>
          <ticker value="RILY"/>
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        <balance>18768.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>449681.280000000000</valUSD>
        <pctVal>0.1060521964</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRC GROUP HOLDINGS INC</name>
        <lei>529900LRQ75IKIPK4990</lei>
        <title>BRC Group Holdings Inc</title>
        <cusip>05580M801</cusip>
        <identifiers>
          <isin value="US05580M8010"/>
          <ticker value="RILY"/>
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        <balance>16332.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>404380.320000000000</valUSD>
        <pctVal>0.0953684821</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRC GROUP HOLDINGS INC</name>
        <lei>529900LRQ75IKIPK4990</lei>
        <title>BRC Group Holdings Inc</title>
        <cusip>05580M819</cusip>
        <identifiers>
          <isin value="US05580M8192"/>
          <ticker value="RILY"/>
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        <balance>30402.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>565173.180000000000</valUSD>
        <pctVal>0.1332896426</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BRC GROUP HOLDINGS INC</name>
        <lei>529900LRQ75IKIPK4990</lei>
        <title>BRC Group Holdings Inc</title>
        <cusip>05580M835</cusip>
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          <isin value="US05580M8358"/>
          <ticker value="RILY"/>
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        <balance>20098.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>410200.180000000000</valUSD>
        <pctVal>0.0967410297</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>BELL CANADA</name>
        <lei>5493000G3EFX9S7TDE29</lei>
        <title>Bell Telephone Co of Canada or Bell Canada</title>
        <cusip>0778FPAP4</cusip>
        <identifiers>
          <isin value="US0778FPAP47"/>
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        <balance>1985000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2036510.750000000000</valUSD>
        <pctVal>0.4802878119</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-09-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.875000000000</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>BROOKFIELD INFRA FIN ULC</name>
        <lei>984500CDDWC47U7DBA74</lei>
        <title>Brookfield Infrastructure Finance ULC</title>
        <cusip>11276BAA7</cusip>
        <identifiers>
          <isin value="US11276BAA70"/>
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        <balance>675000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>681752.030000000000</valUSD>
        <pctVal>0.1607834335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.750000000000</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>CAPITAL ONE FINANCIAL CO</name>
        <lei>ZUE8T73ROZOF6FLBAR73</lei>
        <title>Capital One Financial Corp</title>
        <cusip>14040HCF0</cusip>
        <identifiers>
          <isin value="US14040HCF01"/>
          <ticker value="COF"/>
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        <balance>1985000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1969469.960000000000</valUSD>
        <pctVal>0.4644770069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>GENERAL MOTORS FINL CO</name>
        <lei>5493008B6JBRUJ90QL97</lei>
        <title>General Motors Financial Co Inc</title>
        <cusip>37045XDB9</cusip>
        <identifiers>
          <isin value="US37045XDB91"/>
          <ticker value="GM"/>
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        <balance>980000.000000000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>962952.020000000000</valUSD>
        <pctVal>0.2271012410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GLADSTONE INVESTMENT COR</name>
        <lei>549300HFFTVIBC98Z362</lei>
        <title>Gladstone Investment Corp</title>
        <cusip>376546800</cusip>
        <identifiers>
          <isin value="US3765468000"/>
          <ticker value="GAIN"/>
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        <balance>11543.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>290537.310000000000</valUSD>
        <pctVal>0.0685199078</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>GLADSTONE INVESTMENT COR</name>
        <lei>549300HFFTVIBC98Z362</lei>
        <title>Gladstone Investment Corp</title>
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      </invstOrSec>
      <invstOrSec>
        <name>SOUTHERN CO</name>
        <lei>549300FC3G3YU2FBZD92</lei>
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          <maturityDt>2051-09-15</maturityDt>
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      <invstOrSec>
        <name>SPIRE INC</name>
        <lei>549300NXSY15DRY2R511</lei>
        <title>Spire Inc</title>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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          <maturityDt>2056-06-01</maturityDt>
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      <invstOrSec>
        <name>STATE STREET CORP</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corp</title>
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          <isin value="US8574778556"/>
          <ticker value="STT"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STATE STREET CORP</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corp</title>
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          <isin value="US857477CH48"/>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>STATE STREET CORP</name>
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          <isin value="US857477CM33"/>
          <ticker value="STT"/>
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        <balance>1750000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1813598.500000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>STATE STREET CORP</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>State Street Corp</title>
        <cusip>857477CS0</cusip>
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          <isin value="US857477CS03"/>
          <ticker value="STT"/>
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        <curCd>USD</curCd>
        <valUSD>1523109.290000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>T-MOBILE USA INC</name>
        <lei>549300V2JRLO5DIFGE82</lei>
        <title>T-Mobile USA Inc</title>
        <cusip>87264A105</cusip>
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          <isin value="US87264A1051"/>
          <ticker value="TMUS"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TELUS CORP</name>
        <lei>894500TX134IMF6NW757</lei>
        <title>TELUS Corp</title>
        <cusip>87971MCL5</cusip>
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          <isin value="US87971MCL54"/>
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        <balance>1390000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1405527.690000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2055-10-15</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TELUS CORP</name>
        <lei>894500TX134IMF6NW757</lei>
        <title>TELUS Corp</title>
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          <isin value="US87971MCQ42"/>
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        <balance>1590000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1590181.260000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
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          <maturityDt>2056-06-09</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.375000000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TENN VALLEY AUTHORITY</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>Tennessee Valley Authority</title>
        <cusip>880591300</cusip>
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          <isin value="US8805913006"/>
          <ticker value="TVA"/>
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        <balance>23221.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TENN VALLEY AUTHORITY</name>
        <lei>549300HE1ISW43LNKM54</lei>
        <title>Tennessee Valley Authority</title>
        <cusip>880591409</cusip>
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          <isin value="US8805914095"/>
          <ticker value="TVA"/>
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        <balance>18869.000000000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EP</assetCat>
        <issuerCat>USGA</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRANSCANADA PIPELINES</name>
        <lei>5BV01I6231JPDAPMGH09</lei>
        <title>TransCanada PipeLines Ltd</title>
        <cusip>89352HBG3</cusip>
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          <isin value="US89352HBG39"/>
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        <balance>1490000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1536537.170000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2065-06-01</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>7.000000000000</annualizedRt>
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      <invstOrSec>
        <name>TRANSCANADA TRUST</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>Transcanada Trust</title>
        <cusip>89356BAB4</cusip>
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          <isin value="US89356BAB45"/>
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        <balance>2380000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2383358.180000000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2076-08-15</maturityDt>
          <couponKind>Variable</couponKind>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRANSCANADA TRUST</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>Transcanada Trust</title>
        <cusip>89356BAC2</cusip>
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        <balance>3075000.000000000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CA</invCountry>
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        <debtSec>
          <maturityDt>2077-03-15</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.300000000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRANSCANADA TRUST</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>Transcanada Trust</title>
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        <invCountry>CA</invCountry>
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          <maturityDt>2079-09-15</maturityDt>
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      <invstOrSec>
        <name>TRANSCANADA TRUST</name>
        <lei>549300Y0MFCAXLBWUV51</lei>
        <title>Transcanada Trust</title>
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        <invCountry>CA</invCountry>
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          <maturityDt>2082-03-07</maturityDt>
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        <name>TRINITY CAPITAL INC/MD</name>
        <lei>549300YGT4SBRQYDVU48</lei>
        <title>Trinity Capital Inc</title>
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          <ticker value="TRIN"/>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>TRINITY CAPITAL INC/MD</name>
        <lei>549300YGT4SBRQYDVU48</lei>
        <title>Trinity Capital Inc</title>
        <cusip>896442704</cusip>
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          <isin value="US8964427046"/>
          <ticker value="TRIN"/>
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        <balance>10777.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>272765.870000000000</valUSD>
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        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRUIST FIN CORP</name>
        <lei>549300DRQQI75D2JP341</lei>
        <title>Truist Financial Corp</title>
        <cusip>89832QAC3</cusip>
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          <isin value="US89832QAC33"/>
          <ticker value="TFC"/>
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        <balance>980000.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>970483.710000000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRITON INTERNATIONAL LTD</name>
        <lei>N/A</lei>
        <title>Triton International Ltd</title>
        <cusip>EP0573691</cusip>
        <identifiers>
          <isin value="BMG9078F1317"/>
          <ticker value="TRTN"/>
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        <balance>13001.000000000000</balance>
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        <curCd>USD</curCd>
        <valUSD>329445.340000000000</valUSD>
        <pctVal>0.0776959225</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SEAPEAK LLC</name>
        <lei>549300CP38L0UER0I397</lei>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>ALLY FINANCIAL INC</name>
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        <name>AMERICAN ELECTRIC POWER</name>
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      <invstOrSec>
        <name>AMERICAN ELECTRIC POWER</name>
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        <name>AMERICAN ELECTRIC POWER</name>
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      <invstOrSec>
        <name>AMERICAN NATIONAL GROUP</name>
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        <name>AMERICAN EXPRESS CO</name>
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        <name>AMERICAN INTL GROUP</name>
        <lei>ODVCVCQG2BP6VHV36M30</lei>
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          <maturityDt>2048-04-01</maturityDt>
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      <invstOrSec>
        <name>ANNALY CAPITAL MGMT</name>
        <lei>2DTL0G3FPRYUT58TI025</lei>
        <title>Annaly Capital Management Inc</title>
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        <name>ANNALY CAPITAL MGMT</name>
        <lei>2DTL0G3FPRYUT58TI025</lei>
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        <name>ANNALY CAPITAL MGMT</name>
        <lei>2DTL0G3FPRYUT58TI025</lei>
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        <name>AON CORP</name>
        <lei>LTS3U8DGK38SETRUWX71</lei>
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        <name>APOLLO GLOBAL MANAGEMENT</name>
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        <name>APTIV SWISS HOLDINGS LTD</name>
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        <isRestrictedSec>N</isRestrictedSec>
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        <name>ARBOR REALTY TRUST INC</name>
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        <name>ASSOC BANC-CORP</name>
        <lei>549300N3CIN473IW5094</lei>
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        <name>ASSURANT INC</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
        <title>Assurant Inc</title>
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        <name>ATHENE HOLDING LTD</name>
        <lei>549300H316CT32FQXI76</lei>
        <title>Athene Holding Ltd</title>
        <cusip>04686J507</cusip>
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        <invCountry>US</invCountry>
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        <name>BANK OF AMERICA CORP</name>
        <lei>9DJT3UXIJIZJI4WXO774</lei>
        <title>Bank of America Corp</title>
        <cusip>060505591</cusip>
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        <payoffProfile>Long</payoffProfile>
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      <invstOrSec>
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        <name>CMS ENERGY CORP</name>
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        <name>CITIGROUP INC</name>
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        <name>CITIGROUP INC</name>
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        <name>COBANK ACB</name>
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        <name>NGL ENERGY PARTNERS LP</name>
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        <name>NEVADA POWER CO</name>
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        <lei>UMI46YPGBLUE4VGNNT48</lei>
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        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
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        <name>NISOURCE INC</name>
        <lei>549300D8GOWWH0SJB189</lei>
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        <name>NORTHERN TRUST CORP</name>
        <lei>549300GLF98S992BC502</lei>
        <title>Northern Trust Corp</title>
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      <invstOrSec>
        <name>KEYCORP</name>
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      <invstOrSec>
        <name>LINCOLN NATIONAL CORP</name>
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      <invstOrSec>
        <name>M&amp;T BANK CORPORATION</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>M&amp;T BANK CORPORATION</name>
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      <invstOrSec>
        <name>M&amp;T BANK CORPORATION</name>
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          <isin value="US55261FAN42"/>
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      <invstOrSec>
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      <invstOrSec>
        <name>MELLON CAPITAL IV</name>
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      <invstOrSec>
        <name>MERCHANTS BANCORP</name>
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        <assetCat>EP</assetCat>
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      <invstOrSec>
        <name>METLIFE INC</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc</title>
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          <isin value="US59156R5046"/>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>METLIFE INC</name>
        <lei>C4BXATY60WC6XEOZDX54</lei>
        <title>MetLife Inc</title>
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          <isin value="US59156RBT41"/>
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        <assetCat>EP</assetCat>
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        <name>RITHM CAPITAL CORP</name>
        <lei>549300WNTHGEO5LP2G31</lei>
        <title>Rithm Capital Corp</title>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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        <name>RITHM CAPITAL CORP</name>
        <lei>549300WNTHGEO5LP2G31</lei>
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        <name>RITHM CAPITAL CORP</name>
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        <name>REINSURANCE GRP OF AMER</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
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        <name>REINSURANCE GRP OF AMER</name>
        <lei>LORM1GNEU1DKEW527V90</lei>
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        <name>ENERGY TRANSFER LP</name>
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          <ticker value="ET"/>
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        <name>ENSTAR FINANCE LLC</name>
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        <name>ENTERGY CORP</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp</title>
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        <name>ENTERGY CORP</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp</title>
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        <name>ENTERPRISE PRODUCTS OPER</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC</title>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <name>ENTERPRISE PRODUCTS OPER</name>
        <lei>5493004LGN656HWLDA30</lei>
        <title>Enterprise Products Operating LLC</title>
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        <invCountry>US</invCountry>
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        <debtSec>
          <maturityDt>2078-02-15</maturityDt>
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        <securityLending>
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      <invstOrSec>
        <name>EUSHI FINANCE INC</name>
        <lei>N/A</lei>
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      <invstOrSec>
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      <invstOrSec>
        <name>EVERGY INC</name>
        <lei>549300PGTHDQY6PSUI61</lei>
        <title>Evergy Inc</title>
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      <invstOrSec>
        <name>EVERSOURCE ENERGY</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
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      <invstOrSec>
        <name>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp</title>
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          <isin value="US3167736053"/>
          <ticker value="FITB"/>
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        <assetCat>EP</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp</title>
        <cusip>316773837</cusip>
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          <isin value="US3167738372"/>
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      <invstOrSec>
        <name>FIFTH THIRD BANCORP</name>
        <lei>THRNG6BD57P9QWTQLG42</lei>
        <title>Fifth Third Bancorp</title>
        <cusip>316773CM0</cusip>
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          <isin value="US316773CM07"/>
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        <curCd>USD</curCd>
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        <name>FIRST CITIZENS BANCSHARE</name>
        <lei>549300N3Z00ZHE2XC526</lei>
        <title>First Citizens BancShares Inc/NC</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>FIRST CITIZENS BANCSHARE</name>
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        <name>FIRST CITIZENS BANCSHARE</name>
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        <name>FIRST HORIZON CORP</name>
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      <invstOrSec>
        <name>AGNC INVESTMENT CORP</name>
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        <name>AGNC INVESTMENT CORP</name>
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        <name>AGNC INVESTMENT CORP</name>
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        <name>AGNC INVESTMENT CORP</name>
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        <name>FMC CORP</name>
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        <name>GENERAL MOTORS FINL CO</name>
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        <name>GENERAL MOTORS FINL CO</name>
        <lei>5493008B6JBRUJ90QL97</lei>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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          <ticker value="MS"/>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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        <name>MORGAN STANLEY</name>
        <lei>IGJSJL3JD5P30I6NJZ34</lei>
        <title>Morgan Stanley</title>
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        <name>NATIONAL RURAL UTIL COOP</name>
        <lei>4NYF266XZC35SCTGX023</lei>
        <title>National Rural Utilities Cooperative Finance Corp</title>
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      <invstOrSec>
        <name>FLAGSTAR BANK NA</name>
        <lei>SS1TRMSN6BRNMOREEV51</lei>
        <title>Flagstar Bank NA</title>
        <cusip>649445202</cusip>
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          <ticker value="FLG"/>
        </identifiers>
        <balance>40949.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>941827.000000000000</valUSD>
        <pctVal>0.2221191462</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mount Vernon Liquid Assets Portfolio, LLC</name>
        <lei>N/A</lei>
        <title>Mount Vernon Liquid Assets Portfolio, LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="990VR1110"/>
        </identifiers>
        <balance>11875198.750000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11875198.750000000000</valUSD>
        <pctVal>2.8006300596</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>PF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>N/A</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="11875198.750000000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>FTAI AVIATION LTD</name>
        <lei>N/A</lei>
        <title>FTAI Aviation Ltd</title>
        <cusip>EP0602243</cusip>
        <identifiers>
          <isin value="KYG3730V1398"/>
          <ticker value="FTAI"/>
        </identifiers>
        <balance>9504.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>240736.320000000000</valUSD>
        <pctVal>0.0567749129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GASLOG PARTNERS LP</name>
        <lei>5299004R0RSGEG82BS06</lei>
        <title>GasLog Partners LP</title>
        <cusip>EP0528133</cusip>
        <identifiers>
          <isin value="MHY2687W1167"/>
          <ticker value="GLOP"/>
        </identifiers>
        <balance>11514.000000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>295967.370000000000</valUSD>
        <pctVal>0.0698005255</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EP</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-06-26</ncom:dateSigned>
      <ncom:nameOfApplicant>ETF Series Solutions</ncom:nameOfApplicant>
      <ncom:signature>/s/ Kristen Weitzel</ncom:signature>
      <ncom:signerName>ETF Series Solutions</ncom:signerName>
      <ncom:title>President</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
