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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>RATE Mortgage Trust</name>
        <lei>N/A</lei>
        <title>RATE Mortgage Trust, Series 2026-J2, Class A27</title>
        <cusip>75410WBC8</cusip>
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          <isin value="US75410WBC82"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Arini US CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Sequoia Mortgage Trust, Series 2026-INV3, Class A26F</title>
        <cusip>81750WBB6</cusip>
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          <isin value="US81750WBB63"/>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Post CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Post CLO Ltd., Series 2021-1A, Class DR</title>
        <cusip>73742FAQ9</cusip>
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          <isin value="US73742FAQ90"/>
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        <balance>1250000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Voya CLO Ltd.</name>
        <lei>5493007ASGBOUR3XJY69</lei>
        <title>Voya CLO Ltd., Series 2013-2A, Class CR</title>
        <cusip>92916WAJ8</cusip>
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        <balance>1750000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Constellation Energy Generation LLC</name>
        <lei>S2PEWKCZFFECR4533P43</lei>
        <title>Constellation Energy Generation LLC</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Plastipak Packaging, Inc.</name>
        <lei>549300Y39ISK7CP7EO21</lei>
        <title>Plastipak Packaging, Inc., First Lien, Term Loan, B</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Annisa CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Annisa CLO Ltd., Series 2016-2A, Class DRR</title>
        <cusip>036011AW4</cusip>
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          <isin value="US036011AW45"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kioxia Holdings Corp.</name>
        <lei>35380080RTKRARNH4R73</lei>
        <title>Kioxia Holdings Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Empower CLO Ltd.</name>
        <lei>213800DM8ZNUIQ1JCN40</lei>
        <title>Empower CLO Ltd., Series 2023-3A, Class AR</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Volkswagen Auto Loan Enhanced Trust</name>
        <lei>N/A</lei>
        <title>Volkswagen Auto Loan Enhanced Trust, Series 2024-1, Class A2A</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Flatiron CLO Ltd.</name>
        <lei>25490077CXFU133A8B24</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Post CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>COLT Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>COLT Mortgage Loan Trust, Series 2021-4, Class A1</title>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benefit Street Partners CLO Ltd.</name>
        <lei>254900WANE6M5S0NC534</lei>
        <title>Benefit Street Partners CLO Ltd., Series 2022-27A, Class D1R</title>
        <cusip>08179PAW2</cusip>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>JE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>6.82522920</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Chase Auto Owner Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Fox Corp.</name>
        <lei>549300DDU6FDRBIELS05</lei>
        <title>Fox Corp.</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hudson River Trading LLC</name>
        <lei>N/A</lei>
        <title>Hudson River Trading LLC, First Lien, Term Loan, B2</title>
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          <isin value="US44413EAK47"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Whitebox CLO Ltd.</name>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
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          <other otherDesc="Inhouse Asset ID" value="1840"/>
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        <curCd>N/A</curCd>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>JP Morgan Chase Bank</counterpartyName>
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      <invstOrSec>
        <name>Builders FirstSource, Inc.</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>Builders FirstSource, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>XPLR Infrastructure Operating Partners LP</name>
        <lei>549300KJEC5IUVJWR786</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Battalion CLO Ltd.</name>
        <lei>549300CJP8HGT746II19</lei>
        <title>Battalion CLO Ltd., Series 2020-15A, Class A1RR</title>
        <cusip>07131AAM6</cusip>
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          <isin value="US07131AAM62"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Elmwood CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Elmwood CLO Ltd., Series 2020-4A, Class D1RR</title>
        <cusip>29002QBA6</cusip>
        <identifiers>
          <isin value="US29002QBA67"/>
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        <balance>1240000.00000000</balance>
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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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          <maturityDt>2037-10-17</maturityDt>
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      <invstOrSec>
        <name>Roche Holdings, Inc.</name>
        <lei>PVJRP0EQNV6OGDPZGY95</lei>
        <title>Roche Holdings, Inc.</title>
        <cusip>771196BW1</cusip>
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          <isin value="US771196BW19"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>1.93000000</annualizedRt>
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      <invstOrSec>
        <name>Clarios Global LP</name>
        <lei>549300474L1ZLXZY2P98</lei>
        <title>Clarios Global LP, First Lien, 2024 Dollar Term Loan</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Match Group Holdings II LLC</name>
        <lei>5493003RFFE030RC9167</lei>
        <title>Match Group Holdings II LLC</title>
        <cusip>57665RAL0</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Barings Equipment Finance LLC</name>
        <lei>N/A</lei>
        <title>Barings Equipment Finance LLC, Series 2025-B, Class A2</title>
        <cusip>06764YAB4</cusip>
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          <isin value="US06764YAB48"/>
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        <balance>1650483.49000000</balance>
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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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          <maturityDt>2029-02-13</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.02000000</annualizedRt>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
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          <isin value="US91282CLD10"/>
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        <balance>-13500000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-07-31</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Trinitas CLO Ltd.</name>
        <lei>254900ZVDNHQAUJNHH42</lei>
        <title>Trinitas CLO Ltd., Series 2021-15A, Class B1R</title>
        <cusip>89641XAQ8</cusip>
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          <isin value="US89641XAQ88"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-04-22</maturityDt>
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          <annualizedRt>5.31363960</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
        <cusip>44891ADE4</cusip>
        <identifiers>
          <isin value="US44891ADE47"/>
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        <balance>875000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>879319.19000000</valUSD>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-06-24</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.66218720</annualizedRt>
          <isDefault>N</isDefault>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy, Inc.</title>
        <cusip>629377CY6</cusip>
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          <isin value="US629377CY66"/>
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        <balance>1100000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1101669.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-07-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.75000000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Shackleton CLO Ltd.</name>
        <lei>5493000LHXWSIZGUY418</lei>
        <title>Shackleton CLO Ltd., Series 2013-4RA, Class C</title>
        <cusip>81882HAG0</cusip>
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          <isin value="US81882HAG02"/>
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        <balance>1750000.00000000</balance>
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        <curCd>USD</curCd>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.80031000</annualizedRt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Whitebox CLO Ltd.</name>
        <lei>254900XFXCOZ882U2O02</lei>
        <title>Whitebox CLO Ltd., Series 2025-5A, Class B</title>
        <cusip>96467PAE8</cusip>
        <identifiers>
          <isin value="US96467PAE88"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1004093.67000000</valUSD>
        <pctVal>0.113689159433</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>2038-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.37522840</annualizedRt>
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      <invstOrSec>
        <name>Campbell's Co. (The)</name>
        <lei>5493007JDSMX8Z5Z1902</lei>
        <title>Campbell's Co. (The)</title>
        <cusip>134429BJ7</cusip>
        <identifiers>
          <isin value="US134429BJ73"/>
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        <balance>900000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>816391.22000000</valUSD>
        <pctVal>0.092436427341</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2030-04-24</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.37500000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Oaktree CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Oaktree CLO Ltd., Series 2019-3A, Class A1R2</title>
        <cusip>67400EBE3</cusip>
        <identifiers>
          <isin value="US67400EBE32"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2004501.28000000</valUSD>
        <pctVal>0.226960962323</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>2038-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.05523160</annualizedRt>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
        <cusip>912797UT2</cusip>
        <identifiers>
          <isin value="US912797UT22"/>
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        <balance>18000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>17925605.46000000</valUSD>
        <pctVal>2.029638347469</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-11</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</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>
        <name>Post CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Post CLO Ltd., Series 2024-1A, Class A1R</title>
        <cusip>73743EAN8</cusip>
        <identifiers>
          <isin value="US73743EAN85"/>
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        <balance>2000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2003002.15000000</valUSD>
        <pctVal>0.226791222353</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-03-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.87527840</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>Trans Union LLC</name>
        <lei>X8NPN6PWJOM1QCTYFV34</lei>
        <title>Trans Union LLC, First Lien, 2024 Refinancing Term Loan, B9</title>
        <cusip>89334GBG8</cusip>
        <identifiers>
          <isin value="US89334GBG82"/>
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        <balance>1477500.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1475653.13000000</valUSD>
        <pctVal>0.167081786269</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-06-24</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.39392000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Verdelite Static CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Verdelite Static CLO Ltd., Series 2024-1A, Class D</title>
        <cusip>92338VAG6</cusip>
        <identifiers>
          <isin value="US92338VAG68"/>
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        <balance>1250000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1254958.28000000</valUSD>
        <pctVal>0.142093468209</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.52523040</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>Empower CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Empower CLO Ltd., Series 2024-1A, Class D1R</title>
        <cusip>29244RAW5</cusip>
        <identifiers>
          <isin value="US29244RAW51"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1000024.50000000</valUSD>
        <pctVal>0.113228425011</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-25</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.05408120</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>Zoetis, Inc.</name>
        <lei>549300HD9Q1LOC9KLJ48</lei>
        <title>Zoetis, Inc.</title>
        <cusip>98978VAN3</cusip>
        <identifiers>
          <isin value="US98978VAN38"/>
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        <balance>1385000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1368914.62000000</valUSD>
        <pctVal>0.154996248989</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-08-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.90000000</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>OCP CLO Ltd.</name>
        <lei>254900MN6N176YEZLX15</lei>
        <title>OCP CLO Ltd., Series 2020-18A, Class ER2</title>
        <cusip>67570TAN5</cusip>
        <identifiers>
          <isin value="US67570TAN54"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1005545.70000000</valUSD>
        <pctVal>0.113853566475</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.92522880</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>OCP CLO Ltd.</name>
        <lei>25490025Q5WQX513IQ05</lei>
        <title>OCP CLO Ltd., Series 2017-14A, Class A1R</title>
        <cusip>67097QAN5</cusip>
        <identifiers>
          <isin value="US67097QAN51"/>
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        <balance>3000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3004475.89000000</valUSD>
        <pctVal>0.340183738507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.04523080</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>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="17776"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>43986.00000000</valUSD>
        <pctVal>0.004980343484</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Forward Foreign Currency Contract" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JP Morgan Chase Bank</counterpartyName>
              <counterpartyLei>7H6GLXDRUGQFU57RNE97</counterpartyLei>
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            <amtCurSold>2000000.00000000</amtCurSold>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Benefit Street Partners CLO Ltd.</name>
        <lei>5493001ND55H5MJDIQ39</lei>
        <title>Benefit Street Partners CLO Ltd., Series 2019-17A, Class D1R2</title>
        <cusip>08182BBE7</cusip>
        <identifiers>
          <isin value="US08182BBE74"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1002430.74000000</valUSD>
        <pctVal>0.113500873101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-10-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.82310160</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>Light &amp; Wonder International, Inc.</name>
        <lei>N/A</lei>
        <title>Light &amp; Wonder International, Inc., First Lien, Term Loan, B3</title>
        <cusip>80875AAY7</cusip>
        <identifiers>
          <isin value="US80875AAY73"/>
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        <balance>1484962.40000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1488674.81000000</valUSD>
        <pctVal>0.168556174463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-16</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.63903000</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>Starbucks Corp.</name>
        <lei>OQSJ1DU9TAOC51A47K68</lei>
        <title>Starbucks Corp.</title>
        <cusip>855244BG3</cusip>
        <identifiers>
          <isin value="US855244BG38"/>
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        <balance>615000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>616875.09000000</valUSD>
        <pctVal>0.069846083640</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-02-08</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.85000000</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>Sixth Street CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Sixth Street CLO Ltd., Series 2023-22A, Class D1R</title>
        <cusip>83011LAQ9</cusip>
        <identifiers>
          <isin value="US83011LAQ95"/>
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        <balance>1000000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>995085.89000000</valUSD>
        <pctVal>0.112669247679</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-04-21</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.32214000</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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        <name>BBCMS Mortgage Trust</name>
        <lei>N/A</lei>
        <title>BBCMS Mortgage Trust, Series 2019-BWAY, Class D</title>
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          <isin value="US05492NAG88"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ford Credit Auto Owner Trust</name>
        <lei>N/A</lei>
        <title>Ford Credit Auto Owner Trust, Series 2024-D, Class A2A</title>
        <cusip>34535VAB0</cusip>
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        <curCd>USD</curCd>
        <valUSD>102417.09000000</valUSD>
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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>Resideo Funding, Inc.</name>
        <lei>5493000IFJ6XJKH66598</lei>
        <title>Resideo Funding, Inc., First Lien, Sixth Amendment Term Loan</title>
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          <isin value="US76090LAM63"/>
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        <assetCat>LON</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Intercontinental Exchange, Inc.</name>
        <lei>5493000F4ZO33MV32P92</lei>
        <title>Intercontinental Exchange, Inc.</title>
        <cusip>45866FAU8</cusip>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Post CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Post CLO Ltd., Series 2018-1A, Class D1R</title>
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        <identifiers>
          <isin value="US73742DAU54"/>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mars, Inc.</name>
        <lei>54930073HKEO6GZBSS03</lei>
        <title>Mars, Inc.</title>
        <cusip>571676AX3</cusip>
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        <balance>4130000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CVS Health Corp.</name>
        <lei>549300EJG376EN5NQE29</lei>
        <title>CVS Health Corp.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ares CLO Ltd.</name>
        <lei>549300VDFIIXSFET0S73</lei>
        <title>Ares CLO Ltd., Series 2015-2A, Class A1R4</title>
        <cusip>04015GBB4</cusip>
        <identifiers>
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        <balance>3800000.00000000</balance>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Honda Auto Receivables Owner Trust</name>
        <lei>N/A</lei>
        <title>Honda Auto Receivables Owner Trust, Series 2023-3, Class A3</title>
        <cusip>43815QAC1</cusip>
        <identifiers>
          <isin value="US43815QAC15"/>
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        <valUSD>1284985.93000000</valUSD>
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        <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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      <invstOrSec>
        <name>Bain Capital Credit CLO Ltd.</name>
        <lei>549300B0VI605XM3L529</lei>
        <title>Bain Capital Credit CLO Ltd., Series 2019-1A, Class AR3</title>
        <cusip>05683VBJ2</cusip>
        <identifiers>
          <isin value="US05683VBJ26"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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      <invstOrSec>
        <name>DTE Energy Co.</name>
        <lei>549300IX8SD6XXD71I78</lei>
        <title>DTE Energy Co.</title>
        <cusip>233331BM8</cusip>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Dryden Senior Loan Fund</name>
        <lei>5493000CMI5L15ZSNM78</lei>
        <title>Dryden Senior Loan Fund, Series 2015-41A, Class DR</title>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CarVal CLO Ltd.</name>
        <lei>N/A</lei>
        <title>CarVal CLO Ltd., Series 2019-1A, Class AR2</title>
        <cusip>14686AAY5</cusip>
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          <isin value="US14686AAY55"/>
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        <fairValLevel>2</fairValLevel>
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        <name>Worthington Steel, Inc.</name>
        <lei>529900RPY4YG47TRSV05</lei>
        <title>Worthington Steel, Inc., First Lien, Initial Term Loan</title>
        <cusip>98210HAD4</cusip>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Koppers, Inc.</name>
        <lei>N/A</lei>
        <title>Koppers, Inc., First Lien, 2023 Term Loan, B2</title>
        <cusip>50060JAH3</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
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        <name>GE HealthCare Technologies, Inc.</name>
        <lei>549300OI9J7XOWZMUN85</lei>
        <title>GE HealthCare Technologies, Inc.</title>
        <cusip>36267VAF0</cusip>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>McKesson Corp.</name>
        <lei>549300WZWOM80UCFSF54</lei>
        <title>McKesson Corp.</title>
        <cusip>581557BR5</cusip>
        <identifiers>
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        <balance>2915000.00000000</balance>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.30000000</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>Benefit Street Partners CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Benefit Street Partners CLO Ltd., Series 2026-47A, Class A</title>
        <cusip>08186BAA2</cusip>
        <identifiers>
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        <fairValLevel>2</fairValLevel>
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        <name>Barings Loan Partners CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hyundai Auto Lease Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Go Daddy Operating Co. LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GIP Pilot Acquisition Partners LP</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AAdvantage Loyalty IP Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Honda Auto Receivables Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>General Motors Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Whitebox CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Barings Equipment Finance LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>KKR CLO Ltd.</name>
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        <name>Cedar Funding CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Amgen, Inc.</name>
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        <title>Amgen, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>PMT Loan Trust</name>
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        <name>N/A</name>
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        <name>Bryant Park Funding Ltd.</name>
        <lei>N/A</lei>
        <title>Bryant Park Funding Ltd., Series 2021-17RA, Class ER</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Voya CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Voya CLO Ltd., Series 2021-3A, Class A1R</title>
        <cusip>92919DAL2</cusip>
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        <name>Post CLO Ltd.</name>
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        <name>Caterpillar Financial Services Corp.</name>
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        <name>NYO Commercial Mortgage Trust</name>
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        <name>Entegris, Inc.</name>
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        <name>Iridium Satellite LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Baxter International, Inc.</name>
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        <name>Regatta Funding Ltd.</name>
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        <name>Elmwood CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>AppLovin Corp.</name>
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        <name>CVC Cordatus Loan Fund DAC</name>
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        <name>Sequoia Mortgage Trust</name>
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        <name>Kubota Credit Owner Trust</name>
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        <name>Empower CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Tesla Auto Lease Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Public Service Enterprise Group, Inc.</name>
        <lei>PUSS41EMO3E6XXNV3U28</lei>
        <title>Public Service Enterprise Group, Inc.</title>
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          <isin value="US744573AY26"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Universal Health Services, Inc.</name>
        <lei>549300YGMGQDO0NMJD09</lei>
        <title>Universal Health Services, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>NRG Energy, Inc.</name>
        <lei>5E2UPK5SW04M13XY7I38</lei>
        <title>NRG Energy, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Regatta Funding Ltd.</name>
        <lei>549300DA6HSLI0UPTQ25</lei>
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        <cusip>75888ABQ8</cusip>
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          <isin value="US75888ABQ85"/>
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        <balance>3000000.00000000</balance>
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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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          <maturityDt>2034-06-20</maturityDt>
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        <name>AT&amp;T, Inc.</name>
        <lei>549300Z40J86GGSTL398</lei>
        <title>AT&amp;T, Inc.</title>
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          <isin value="US00206RKG64"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-02-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>1.65000000</annualizedRt>
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        <name>BofA Auto Trust</name>
        <lei>N/A</lei>
        <title>BofA Auto Trust, Series 2024-1A, Class A3</title>
        <cusip>09709AAC6</cusip>
        <identifiers>
          <isin value="US09709AAC62"/>
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        <curCd>USD</curCd>
        <valUSD>221569.62000000</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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          <maturityDt>2028-11-15</maturityDt>
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          <annualizedRt>5.35000000</annualizedRt>
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      <invstOrSec>
        <name>Elmwood CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Elmwood CLO Ltd., Series 2022-6A, Class D1R2</title>
        <cusip>29004JBC6</cusip>
        <identifiers>
          <isin value="US29004JBC62"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1508035.90000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>NextEra Energy Capital Holdings, Inc.</name>
        <lei>UMI46YPGBLUE4VGNNT48</lei>
        <title>NextEra Energy Capital Holdings, Inc.</title>
        <cusip>65339KAT7</cusip>
        <identifiers>
          <isin value="US65339KAT79"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3477680.57000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-05-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.55000000</annualizedRt>
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        <name>Iron Mountain, Inc.</name>
        <lei>SQL3F6CKNNBM3SQGHX24</lei>
        <title>Iron Mountain, Inc., First Lien, Amendment No. 1 Incremental Term Loan, B</title>
        <cusip>46284NAV1</cusip>
        <identifiers>
          <isin value="US46284NAV10"/>
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        <balance>984848.49000000</balance>
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        <curCd>USD</curCd>
        <valUSD>984602.28000000</valUSD>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.64392000</annualizedRt>
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      <invstOrSec>
        <name>Starbucks Corp.</name>
        <lei>OQSJ1DU9TAOC51A47K68</lei>
        <title>Starbucks Corp.</title>
        <cusip>855244AR0</cusip>
        <identifiers>
          <isin value="US855244AR02"/>
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        <balance>2925000.00000000</balance>
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        <valUSD>2891894.32000000</valUSD>
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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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          <maturityDt>2028-11-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.00000000</annualizedRt>
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        <name>Anchorage Credit Funding Ltd.</name>
        <lei>5493003NNQWXMTSTMF21</lei>
        <title>Anchorage Credit Funding Ltd., Series 2016-3A, Class BR</title>
        <cusip>03330EAN4</cusip>
        <identifiers>
          <isin value="US03330EAN40"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1899516.69000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-28</maturityDt>
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          <annualizedRt>3.47100000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Bain Capital Credit CLO Ltd.</name>
        <lei>254900I37RDDKARGQN22</lei>
        <title>Bain Capital Credit CLO Ltd., Series 2024-1A, Class D1R</title>
        <cusip>056920AY7</cusip>
        <identifiers>
          <isin value="US056920AY74"/>
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        <curCd>USD</curCd>
        <valUSD>1514784.74000000</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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      <invstOrSec>
        <name>Barings Euro CLO</name>
        <lei>635400AW6SPWCAGJKI82</lei>
        <title>Barings Euro CLO, Series 2015-1X, Class DRR</title>
        <cusip>N/A</cusip>
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          <isin value="XS2425515082"/>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>OBX Trust</name>
        <lei>N/A</lei>
        <title>OBX Trust, Series 2020-INV1, Class A11</title>
        <cusip>67113CAL0</cusip>
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          <isin value="US67113CAL00"/>
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        <balance>963591.09700000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2049-12-25</maturityDt>
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          <annualizedRt>4.66282080</annualizedRt>
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      <invstOrSec>
        <name>Medline Borrower LP</name>
        <lei>254900QT3R363TVK6F09</lei>
        <title>Medline Borrower LP</title>
        <cusip>62482BAA0</cusip>
        <identifiers>
          <isin value="US62482BAA08"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1943288.00000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-04-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CANPACK Group, Inc.</name>
        <lei>N/A</lei>
        <title>CANPACK Group, Inc. / CANPACK SA</title>
        <cusip>13804MAA0</cusip>
        <identifiers>
          <isin value="US13804MAA09"/>
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        <balance>555000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>558529.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2031-05-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>6.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zimmer Biomet Holdings, Inc.</name>
        <lei>2P2YLDVPES3BXQ1FRB91</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>USB Auto Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Barings CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>IHO Verwaltungs GmbH</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Crown Castle, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Gartner, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ballyrock CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Dryden Euro CLO DAC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Post CLO Ltd.</name>
        <lei>5493007CUC7FI0ONIF25</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Regatta Funding Ltd.</name>
        <lei>254900XPJFGKL5R4O429</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Kinetik Holdings LP</name>
        <lei>549300RD6AJIMYC0HY12</lei>
        <title>Kinetik Holdings LP</title>
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        <fairValLevel>2</fairValLevel>
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        <name>New Mountain CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hyundai Auto Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>FNMA</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GS Mortgage Securities Corp. Trust</name>
        <lei>N/A</lei>
        <title>GS Mortgage Securities Corp. Trust, Series 2012-BWTR, Class A</title>
        <cusip>36192RAA0</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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        <name>Crowdstrike Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Voya Euro CLO DAC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Wind River CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>GM Financial Consumer Automobile Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sherwin-Williams Co. (The)</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States of America</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Elmwood CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <title>Forward Foreign Currency Contract</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Trestles CLO Ltd.</name>
        <lei>6354005OLPZ8XONXGL10</lei>
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        <cusip>89531MBA9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Porsche Financial Auto Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Menlo CLO Ltd.</name>
        <lei>254900SSGUF4LVDEDB34</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Haleon US Capital LLC</name>
        <lei>549300N8C3A3L0UVQB07</lei>
        <title>Haleon US Capital LLC</title>
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        <fairValLevel>2</fairValLevel>
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        <name>CPV Fairview LLC</name>
        <lei>549300SLZ4P6TH9PTH93</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Trinitas CLO Ltd.</name>
        <lei>549300W90X4BIMRJ8H82</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Post CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Flowers Foods, Inc.</name>
        <lei>7YNCQQNDK8FBM9BBTK25</lei>
        <title>Flowers Foods, Inc.</title>
        <cusip>343498AC5</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2031-03-15</maturityDt>
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          <annualizedRt>2.40000000</annualizedRt>
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        <name>John Deere Owner Trust</name>
        <lei>N/A</lei>
        <title>John Deere Owner Trust, Series 2025-B, Class A2A</title>
        <cusip>47800UAB2</cusip>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-17</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Energy Transfer LP</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>522 Funding CLO Ltd.</name>
        <lei>549300HKB0UTKU91DG08</lei>
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          <isin value="US33829UAA16"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Stanley Black &amp; Decker, Inc.</name>
        <lei>549300DJ09SMTO561131</lei>
        <title>Stanley Black &amp; Decker, Inc.</title>
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          <isin value="US854502AL57"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eli Lilly &amp; Co.</name>
        <lei>FRDRIPF3EKNDJ2CQJL29</lei>
        <title>Eli Lilly &amp; Co.</title>
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          <isin value="US532457CQ99"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CIFC Funding Ltd.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Benefit Street Partners CLO Ltd.</name>
        <lei>254900I5A3AKKEZZO648</lei>
        <title>Benefit Street Partners CLO Ltd., Series 2026-49A, Class D1</title>
        <cusip>08183TAG3</cusip>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>6.58145880</annualizedRt>
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      <invstOrSec>
        <name>Talen Energy Supply LLC</name>
        <lei>K5K33XN0PQAU1XF7NN66</lei>
        <title>Talen Energy Supply LLC</title>
        <cusip>87422VAQ1</cusip>
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          <isin value="US87422VAQ14"/>
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        <balance>1375000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1375596.75000000</valUSD>
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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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          <maturityDt>2031-05-01</maturityDt>
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          <annualizedRt>6.12500000</annualizedRt>
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      <invstOrSec>
        <name>Mountain View CLO Ltd.</name>
        <lei>549300IB1UGD5G8HYT10</lei>
        <title>Mountain View CLO Ltd., Series 2019-1A, Class DR</title>
        <cusip>62432MAW9</cusip>
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          <isin value="US62432MAW91"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1456332.72000000</valUSD>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-15</maturityDt>
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      <invstOrSec>
        <name>OCP Euro CLO DAC</name>
        <lei>6354002WH9FBJNG6S553</lei>
        <title>OCP Euro CLO DAC, Series 2023-8X, Class DR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3230581137"/>
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        <balance>1000000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>5.53799880</annualizedRt>
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      <invstOrSec>
        <name>Octagon Ltd.</name>
        <lei>N/A</lei>
        <title>Octagon Ltd., Series 2021-1A, Class AR</title>
        <cusip>67592XAN0</cusip>
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          <isin value="US67592XAN03"/>
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        <balance>5000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>5002557.52000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-10-15</maturityDt>
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          <annualizedRt>4.74310080</annualizedRt>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
        <lei>254900M77QLN2EBJHE11</lei>
        <title>OCP CLO Ltd., Series 2017-13A, Class AR2</title>
        <cusip>67097LAV8</cusip>
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          <isin value="US67097LAV80"/>
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        <balance>3500000.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-11-26</maturityDt>
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          <annualizedRt>5.01213960</annualizedRt>
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        <name>Recette CLO Ltd.</name>
        <lei>549300392I5L5XOJ0016</lei>
        <title>Recette CLO Ltd., Series 2015-1A, Class FRR</title>
        <cusip>75620RAG7</cusip>
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          <isin value="US75620RAG74"/>
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        <balance>1000000.00000000</balance>
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        <valUSD>539517.32000000</valUSD>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>12.40683840</annualizedRt>
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        <name>Octagon Investment Partners Ltd.</name>
        <lei>N/A</lei>
        <title>Octagon Investment Partners Ltd., Series 2019-1A, Class D1R</title>
        <cusip>67573LAY5</cusip>
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          <isin value="US67573LAY56"/>
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        <balance>500000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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        <name>Trinitas CLO Ltd.</name>
        <lei>254900ZVDNHQAUJNHH42</lei>
        <title>Trinitas CLO Ltd., Series 2021-15A, Class A1R</title>
        <cusip>89641XAN5</cusip>
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          <isin value="US89641XAN57"/>
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        <balance>3000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2034-04-22</maturityDt>
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          <annualizedRt>4.78364040</annualizedRt>
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        <name>Post CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Post CLO Ltd., Series 2023-1A, Class D1R</title>
        <cusip>73743CAW2</cusip>
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          <isin value="US73743CAW29"/>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-20</maturityDt>
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          <annualizedRt>6.52523040</annualizedRt>
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        <name>Dryden Senior Loan Fund</name>
        <lei>549300VCB8LYR1RGV869</lei>
        <title>Dryden Senior Loan Fund, Series 2017-49A, Class DR</title>
        <cusip>26244QAU7</cusip>
        <identifiers>
          <isin value="US26244QAU76"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1509542.30000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2030-07-18</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.33683960</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CGC9</cusip>
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          <isin value="US91282CGC91"/>
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        <balance>10000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>9958593.80000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-12-31</maturityDt>
          <couponKind>Fixed</couponKind>
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        <name>Constellation Brands, Inc.</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>Trinitas CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Oracle Corp.</name>
        <lei>1Z4GXXU7ZHVWFCD8TV52</lei>
        <title>Oracle Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Avantor Funding, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dominion Energy, Inc.</name>
        <lei>ILUL7B6Z54MRYCF6H308</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Invesco US CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Siemens Financieringsmaatschappij NV</name>
        <lei>TAFO772JB70PDRN5VS48</lei>
        <title>Siemens Financieringsmaatschappij NV</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Eutelsat SA</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empower CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jane Street Group LLC</name>
        <lei>5493002N1IVX6KHGYO08</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>CBAMR Ltd.</name>
        <lei>635400U9D8ZDLM1G7T76</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>DLLAA LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Ballyrock CLO Ltd.</name>
        <lei>254900J6ILFT5YJVHO91</lei>
        <title>Ballyrock CLO Ltd., Series 2021-17A, Class C2R</title>
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        <fairValLevel>2</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Signal Peak CLO Ltd.</name>
        <lei>635400L44OLNOBHFTO08</lei>
        <title>Signal Peak CLO Ltd., Series 2017-4A, Class AR2</title>
        <cusip>82667EAN1</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-10-26</maturityDt>
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          <annualizedRt>4.78658880</annualizedRt>
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        <name>Dryden CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>AEP Transmission Co. LLC</name>
        <lei>549300X123Z1I0LA3Y84</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Kubota Credit Owner Trust</name>
        <lei>N/A</lei>
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          <isin value="US50117LAB45"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Apidos CLO Ltd.</name>
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          <isin value="US03767CAU45"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>New Mountain CLO Ltd.</name>
        <lei>N/A</lei>
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        <cusip>64755YAJ7</cusip>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-22</maturityDt>
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      <invstOrSec>
        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
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      <invstOrSec>
        <name>Ellington Financial Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Ellington Financial Mortgage Trust, Series 2021-2, Class A1</title>
        <cusip>31572LAA4</cusip>
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          <isin value="US31572LAA44"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Lowe's Cos., Inc.</name>
        <lei>WAFCR4OKGSC504WU3E95</lei>
        <title>Lowe's Cos., Inc.</title>
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          <isin value="US548661DP97"/>
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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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        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>3.10000000</annualizedRt>
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      <invstOrSec>
        <name>Sequoia Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Sequoia Mortgage Trust, Series 2025-12, Class A26F</title>
        <cusip>81749XBB8</cusip>
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          <isin value="US81749XBB82"/>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2055-12-25</maturityDt>
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          <annualizedRt>5.17776120</annualizedRt>
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      <invstOrSec>
        <name>Citco Funding LLC</name>
        <lei>N/A</lei>
        <title>Citco Funding LLC, First Lien, 2026 Term Loan</title>
        <cusip>17302JAL1</cusip>
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        <curCd>USD</curCd>
        <valUSD>327763.90000000</valUSD>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2033-01-31</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.66339000</annualizedRt>
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      <invstOrSec>
        <name>CVC Cordatus Loan Fund DAC</name>
        <lei>254900GSFR5E0TT89K39</lei>
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        <cusip>N/A</cusip>
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          <isin value="XS3123485198"/>
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        <balance>1750000.00000000</balance>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ballyrock CLO Ltd.</name>
        <lei>254900J6ILFT5YJVHO91</lei>
        <title>Ballyrock CLO Ltd., Series 2021-17A, Class DR</title>
        <cusip>05876MAE1</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Northriver Midstream Finance LP</name>
        <lei>549300SOLNLY3BL6GF18</lei>
        <title>Northriver Midstream Finance LP</title>
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        <invCountry>CA</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>ZF North America Capital, Inc.</name>
        <lei>529900JYGMS9CW9IQX78</lei>
        <title>ZF North America Capital, Inc.</title>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hess Midstream Operations LP</name>
        <lei>N/A</lei>
        <title>Hess Midstream Operations LP</title>
        <cusip>428104AA1</cusip>
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          <isin value="US428104AA14"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.12500000</annualizedRt>
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      <invstOrSec>
        <name>Palmer Square Credit Opportunities ETF</name>
        <lei>529900LY0Z76U5AEGV09</lei>
        <title>Palmer Square Credit Opportunities ETF</title>
        <cusip>696930106</cusip>
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          <isin value="US6969301067"/>
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        <balance>27986.00000000</balance>
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        <curCd>USD</curCd>
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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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        <name>Symphony CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Verizon Communications, Inc.</name>
        <lei>2S72QS2UO2OESLG6Y829</lei>
        <title>Verizon Communications, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Peer Holding III BV</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Avantor Funding, Inc.</name>
        <lei>5493003VM0XB4U8YD238</lei>
        <title>Avantor Funding, Inc.</title>
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          <isin value="US05352TAB52"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>720 East CLO Ltd.</name>
        <lei>N/A</lei>
        <title>720 East CLO Ltd., Series 2024-1A, Class D1R</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ballyrock CLO Ltd.</name>
        <lei>254900J6ILFT5YJVHO91</lei>
        <title>Ballyrock CLO Ltd., Series 2021-17A, Class C1R</title>
        <cusip>05876LAU7</cusip>
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          <isin value="US05876LAU70"/>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2038-10-20</maturityDt>
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      <invstOrSec>
        <name>GM Financial Consumer Automobile Receivables Trust</name>
        <lei>N/A</lei>
        <title>GM Financial Consumer Automobile Receivables Trust, Series 2025-2, Class A2A</title>
        <cusip>362549AB3</cusip>
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          <isin value="US362549AB33"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Elmwood CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Elmwood CLO Ltd., Series 2021-2A, Class D1R</title>
        <cusip>29003UAQ2</cusip>
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          <isin value="US29003UAQ22"/>
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        <balance>1000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dryden Euro CLO DAC</name>
        <lei>635400TTYXOT2GXFXJ41</lei>
        <title>Dryden Euro CLO DAC, Series 2021-103X, Class B2R</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS2932819126"/>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
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        <invCountry>IE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Fixed</couponKind>
          <annualizedRt>5.15000000</annualizedRt>
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      <invstOrSec>
        <name>Atlantica Sustainable Infrastructure plc</name>
        <lei>549300ITBBGKJ651R879</lei>
        <title>Atlantica Sustainable Infrastructure plc</title>
        <cusip>04916WAA2</cusip>
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          <isin value="US04916WAA27"/>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>EVERTEC Group LLC</name>
        <lei>N/A</lei>
        <title>EVERTEC Group LLC, First Lien, Term Loan, B</title>
        <cusip>U3000JAQ2</cusip>
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          <isin value="USU3000JAQ23"/>
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        <balance>1500000.00000000</balance>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>PR</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dryden CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Dryden CLO Ltd., Series 2026-114A, Class D1</title>
        <cusip>26254HAL4</cusip>
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          <isin value="US26254HAL42"/>
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        <assetCat>ABS-CBDO</assetCat>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Apidos CLO Ltd.</name>
        <lei>2549001XBZ4DU4T7EC48</lei>
        <title>Apidos CLO Ltd., Series XXXA, Class CR</title>
        <cusip>03768CAW9</cusip>
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          <isin value="US03768CAW91"/>
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        <balance>1500000.00000000</balance>
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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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      <invstOrSec>
        <name>General Mills, Inc.</name>
        <lei>2TGYMUGI08PO8X8L6150</lei>
        <title>General Mills, Inc.</title>
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          <isin value="US370334CG79"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Silver Point CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Silver Point CLO Ltd., Series 2025-12A, Class A1</title>
        <cusip>82809MAA0</cusip>
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          <isin value="US82809MAA09"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-10-15</maturityDt>
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      <invstOrSec>
        <name>Morgan Stanley Residential Mortgage Loan Trust</name>
        <lei>N/A</lei>
        <title>Morgan Stanley Residential Mortgage Loan Trust, Series 2026-NQM3, Class A1</title>
        <cusip>617960AC3</cusip>
        <identifiers>
          <isin value="US617960AC39"/>
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        <balance>2995827.55000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2981986.23000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2071-03-25</maturityDt>
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          <annualizedRt>5.20899840</annualizedRt>
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      <invstOrSec>
        <name>CSX Corp.</name>
        <lei>549300JVQR4N1MMP3Q88</lei>
        <title>CSX Corp.</title>
        <cusip>126408HJ5</cusip>
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          <isin value="US126408HJ52"/>
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        <balance>3188000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3156163.01000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2028-03-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.80000000</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>Fidelity Investments Money Market Funds - Treasury Portfolio</name>
        <lei>N/A</lei>
        <title>Fidelity Investments Money Market Funds - Treasury Portfolio, Class I</title>
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        <fairValLevel>1</fairValLevel>
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        <name>PCI Gaming Authority</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Workday, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Empower CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GM Financial Automobile Leasing Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>720 East CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Primo Water Holdings, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Hormel Foods Corp.</name>
        <lei>MSD54751OJP1FS2ND863</lei>
        <title>Hormel Foods Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Penta CLO DAC</name>
        <lei>6354005OXNNWWOAOCX44</lei>
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          <isin value="XS2993870976"/>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Post CLO Ltd.</name>
        <lei>5493007CUC7FI0ONIF25</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Becton Dickinson &amp; Co.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HB Fuller Co.</name>
        <lei>JSMX3Z5FOYM8V0Q52357</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Colossus Acquireco LLC</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Verizon Master Trust</name>
        <lei>5493007MUBNP1GFMEB89</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Bear Stearns ARM Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>KKR Financial CLO Ltd.</name>
        <lei>549300ZUUB37M3VWNC17</lei>
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        <fairValLevel>2</fairValLevel>
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        <name>Signal Peak CLO Ltd.</name>
        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Bain Capital Credit CLO Ltd.</name>
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        <name>Veralto Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>CreekSource Dunes Creek CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>OBX Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Parker-Hannifin Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Eaton Vance CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Enbridge, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Post CLO Ltd.</name>
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        <name>TCI-Symphony CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SS&amp;C Technologies, Inc.</name>
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        <name>RR Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>HCA, Inc.</name>
        <lei>L3CJ6J7LJ2DX62FTXD46</lei>
        <title>HCA, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Voya Euro CLO DAC</name>
        <lei>635400EFYWXM2GM8RL10</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Trestles CLO Ltd.</name>
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        <cusip>89531FAY3</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dryden CLO Ltd.</name>
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        <cusip>26252JBC1</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Shift4 Payments LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Thayer Park CLO Ltd.</name>
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        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>American Tower Corp.</name>
        <lei>5493006ORUSIL88JOE18</lei>
        <title>American Tower Corp.</title>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-10-15</maturityDt>
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          <annualizedRt>3.37500000</annualizedRt>
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        <name>Vistra Operations Co. LLC</name>
        <lei>549300ZH5GKBTJZ7NM23</lei>
        <title>Vistra Operations Co. LLC</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-07-15</maturityDt>
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          <annualizedRt>4.30000000</annualizedRt>
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        <name>Post CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
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        <balance>525000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>527458.09000000</valUSD>
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        <fairValLevel>2</fairValLevel>
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        <name>Elmwood CLO Ltd.</name>
        <lei>N/A</lei>
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        <cusip>29001VAU3</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Carlyle US CLO Ltd.</name>
        <lei>2549008K66BXTSQHBB60</lei>
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        <cusip>142928AJ9</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Voya CLO Ltd.</name>
        <lei>N/A</lei>
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        <cusip>92917CAN2</cusip>
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          <isin value="US92917CAN20"/>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <name>PMT Loan Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>CIFC Funding Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bain Capital Credit CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Empower CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Dartry Park CLO DAC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Neuberger Berman Loan Advisers CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BMW US Capital LLC</name>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Hunterstown Generation LLC</name>
        <lei>N/A</lei>
        <title>Hunterstown Generation LLC, First Lien, Term Loan</title>
        <cusip>44579UAE2</cusip>
        <identifiers>
          <isin value="US44579UAE29"/>
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        <balance>1814963.39000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1816097.74000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>6.37123000</annualizedRt>
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      <invstOrSec>
        <name>Hewlett Packard Enterprise Co.</name>
        <lei>549300BX44RGX6ANDV88</lei>
        <title>Hewlett Packard Enterprise Co.</title>
        <cusip>42824CBS7</cusip>
        <identifiers>
          <isin value="US42824CBS70"/>
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        <balance>2228000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2224258.63000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2027-09-25</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.40000000</annualizedRt>
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        <name>Barings CLO Ltd.</name>
        <lei>254900I80K3UAJ5XX377</lei>
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        <cusip>06765FAL2</cusip>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Galaxy CLO Ltd.</name>
        <lei>391200J1K1EF617W8568</lei>
        <title>Galaxy CLO Ltd., Series 2023-32A, Class ER</title>
        <cusip>362941AG1</cusip>
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        <curCd>USD</curCd>
        <valUSD>1015664.68000000</valUSD>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2039-01-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.52522920</annualizedRt>
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      <invstOrSec>
        <name>Hyundai Capital America</name>
        <lei>549300RIPPWJB5Z0FK07</lei>
        <title>Hyundai Capital America</title>
        <cusip>44891AAK3</cusip>
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        <balance>2446000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2026-09-27</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>2.75000000</annualizedRt>
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        <name>OCP Euro CLO DAC</name>
        <lei>6354002WH9FBJNG6S553</lei>
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        <balance>3000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.13799840</annualizedRt>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
        <cusip>912797TP2</cusip>
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        <balance>20000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>19956203.80000000</valUSD>
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        <assetCat>STIV</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2026-07-23</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
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        <name>Dell International LLC</name>
        <lei>N/A</lei>
        <title>Dell International LLC / EMC Corp.</title>
        <cusip>24703TAG1</cusip>
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          <isin value="US24703TAG13"/>
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        <balance>1350000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1372785.56000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-10-01</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>5.30000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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        <name>Waste Management, Inc.</name>
        <lei>549300YX8JIID70NFS41</lei>
        <title>Waste Management, Inc.</title>
        <cusip>94106LBV0</cusip>
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          <isin value="US94106LBV09"/>
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        <balance>3296000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3330749.30000000</valUSD>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-02-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.87500000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Octagon Ltd.</name>
        <lei>N/A</lei>
        <title>Octagon Ltd., Series 2022-1A, Class D</title>
        <cusip>675930AJ0</cusip>
        <identifiers>
          <isin value="US675930AJ03"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>991060.90000000</valUSD>
        <pctVal>0.112213515566</pctVal>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2035-05-15</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>7.35107040</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>BlueMountain CLO Ltd.</name>
        <lei>N/A</lei>
        <title>BlueMountain CLO Ltd., Series 2020-29A, Class D2R</title>
        <cusip>09630KAU8</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Discovery Global Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Discovery Global Holdings, Inc., First Lien, Initial Dollar Term Loan</title>
        <cusip>25472YAB7</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Silver Point CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Silver Point CLO Ltd., Series 2025-9A, Class A1</title>
        <cusip>82809VAA0</cusip>
        <identifiers>
          <isin value="US82809VAA08"/>
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        <balance>2000000.00000000</balance>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Bryant Park Funding Ltd.</name>
        <lei>391200W7QGMU3U2OCV81</lei>
        <title>Bryant Park Funding Ltd., Series 2024-23A, Class ER</title>
        <cusip>11765DAE3</cusip>
        <identifiers>
          <isin value="US11765DAE31"/>
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        <balance>1000000.00000000</balance>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-05-15</maturityDt>
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      <invstOrSec>
        <name>Invesco US CLO Ltd.</name>
        <lei>54930008KXQ75MGXPQ71</lei>
        <title>Invesco US CLO Ltd., Series 2023-1A, Class AR2</title>
        <cusip>46146GAY8</cusip>
        <identifiers>
          <isin value="US46146GAY89"/>
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        <balance>2000000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>JE</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
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      <invstOrSec>
        <name>Dryden Euro CLO DAC</name>
        <lei>635400OIUDML9ZOU6A68</lei>
        <title>Dryden Euro CLO DAC, Series 2016-48X, Class B2RR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="XS3238401130"/>
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        <balance>1250000.00000000</balance>
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        <currencyConditional curCd="EUR" exchangeRt="0.87519692"/>
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        <invCountry>IE</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <annualizedRt>4.80000000</annualizedRt>
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      <invstOrSec>
        <name>Hyundai Auto Lease Securitization Trust</name>
        <lei>N/A</lei>
        <title>Hyundai Auto Lease Securitization Trust, Series 2025-B, Class A3</title>
        <cusip>44935DAD1</cusip>
        <identifiers>
          <isin value="US44935DAD12"/>
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        <balance>4395000.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-04-17</maturityDt>
          <couponKind>Fixed</couponKind>
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      <invstOrSec>
        <name>Duke Energy Corp.</name>
        <lei>I1BZKREC126H0VB1BL91</lei>
        <title>Duke Energy Corp.</title>
        <cusip>26441CAX3</cusip>
        <identifiers>
          <isin value="US26441CAX39"/>
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        <balance>3415000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3366790.96000000</valUSD>
        <pctVal>0.381207098168</pctVal>
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        <assetCat>DBT</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.15000000</annualizedRt>
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          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>Forward Foreign Currency Contract</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="1125"/>
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        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>N/A</curCd>
        <valUSD>148361.74000000</valUSD>
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        <assetCat>DFE</assetCat>
        <issuerConditional desc="Forward Foreign Currency Contract" issuerCat="OTHER"/>
        <invCountry>N/A</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <fwdDeriv derivCat="FWD">
            <counterparties>
              <counterpartyName>JP Morgan Chase Bank</counterpartyName>
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            <amtCurSold>2500000.00000000</amtCurSold>
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      <invstOrSec>
        <name>Volkswagen Auto Lease Trust</name>
        <lei>N/A</lei>
        <title>Volkswagen Auto Lease Trust, Series 2026-A, Class A3</title>
        <cusip>92868CAD3</cusip>
        <identifiers>
          <isin value="US92868CAD39"/>
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        <balance>3355000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3342419.42000000</valUSD>
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        <assetCat>ABS-O</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2029-03-20</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.17000000</annualizedRt>
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      <invstOrSec>
        <name>Ballyrock CLO Ltd.</name>
        <lei>254900IF22Z7SA13VI60</lei>
        <title>Ballyrock CLO Ltd., Series 2019-2A, Class C1R3</title>
        <cusip>05875MBK7</cusip>
        <identifiers>
          <isin value="US05875MBK71"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <isPaidKind>N</isPaidKind>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Mountain CLO Ltd.</name>
        <lei>N/A</lei>
        <title>New Mountain CLO Ltd., Series CLO-4A, Class BR</title>
        <cusip>64754JAW2</cusip>
        <identifiers>
          <isin value="US64754JAW27"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1005648.77000000</valUSD>
        <pctVal>0.113865236643</pctVal>
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        <invCountry>BM</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2038-03-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.72523120</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Applied Materials, Inc.</name>
        <lei>41BNNE1AFPNAZELZ6K07</lei>
        <title>Applied Materials, Inc.</title>
        <cusip>038222AS4</cusip>
        <identifiers>
          <isin value="US038222AS42"/>
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        <balance>2175000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>2200434.93000000</valUSD>
        <pctVal>0.249145677394</pctVal>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2029-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.80000000</annualizedRt>
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      </invstOrSec>
      <invstOrSec>
        <name>Dryden CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Dryden CLO Ltd., Series 2019-80A, Class BRR</title>
        <cusip>26245JBC1</cusip>
        <identifiers>
          <isin value="US26245JBC18"/>
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        <balance>2000000.00000000</balance>
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        <valUSD>2003036.11000000</valUSD>
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        <invCountry>KY</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-01-17</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>5.18037840</annualizedRt>
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      <invstOrSec>
        <name>Venture CLO Ltd.</name>
        <lei>549300EM6DS6KQH1HN07</lei>
        <title>Venture CLO Ltd., Series 2019-38A, Class ARR</title>
        <cusip>92332NBC8</cusip>
        <identifiers>
          <isin value="US92332NBC83"/>
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        <balance>742994.56400000</balance>
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        <curCd>USD</curCd>
        <valUSD>743768.83000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2032-07-30</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>4.66338960</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Boluda Towage Luxembourg SARL</name>
        <lei>N/A</lei>
        <title>Boluda Towage Luxembourg SARL, First Lien, Term Loan, B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Inhouse Asset ID" value="999238"/>
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        <balance>1375000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1379303.75000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>LU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2033-05-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>6.24111000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <name>COLT Mortgage Loan Trust</name>
        <lei>N/A</lei>
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          <isin value="US19688HAA95"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Merck &amp; Co., Inc.</name>
        <lei>4YV9Y5M8S0BRK1RP0397</lei>
        <title>Merck &amp; Co., Inc.</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>OCP CLO Ltd.</name>
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          <isin value="US67115CAL81"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Zoetis, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Mondelez International, Inc.</name>
        <lei>549300DV9GIB88LZ5P30</lei>
        <title>Mondelez International, Inc.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>OHA Credit Funding Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Dell Equipment Finance Trust</name>
        <lei>N/A</lei>
        <title>Dell Equipment Finance Trust, Series 2024-1, Class A3</title>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Toyota Auto Receivables Owner Trust</name>
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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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        <name>Palmer Square EUR CLO Senior Debt Index UCITS ETF</name>
        <lei>6354008XYJMSEKLLHQ25</lei>
        <title>Palmer Square EUR CLO Senior Debt Index UCITS ETF</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="IE000JTHNWF0"/>
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        <invCountry>IE</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Carlyle US CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Carlyle US CLO Ltd., Series 2022-1A, Class DR</title>
        <cusip>14318JAS5</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>TerraForm Power Operating LLC</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>KKR CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Eaton Vance CLO Ltd.</name>
        <lei>5493001O5CL3BBUIEH94</lei>
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        <cusip>27830BCG7</cusip>
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        <fairValLevel>2</fairValLevel>
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        <name>Astoria Energy LLC</name>
        <lei>549300BXD26J7I0IPB62</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Golub Capital CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Golub Capital CLO Ltd., Series 2026-88A, Class D1</title>
        <cusip>38190MAJ0</cusip>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Worldwide Plaza Trust</name>
        <lei>N/A</lei>
        <title>Worldwide Plaza Trust, Series 2017-WWP, Class F</title>
        <cusip>98162JAQ9</cusip>
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          <isin value="US98162JAQ94"/>
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        <balance>1575000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7977.38000000</valUSD>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2036-11-10</maturityDt>
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          <annualizedRt>3.71539440</annualizedRt>
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      <invstOrSec>
        <name>Digital Realty Trust LP</name>
        <lei>CD4SPTZ3YBTHY0C1AH38</lei>
        <title>Digital Realty Trust LP</title>
        <cusip>25389JAR7</cusip>
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        <balance>3505000.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2027-08-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.70000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Battalion CLO Ltd.</name>
        <lei>549300RRK5G3IT4Y7N27</lei>
        <title>Battalion CLO Ltd., Series 2016-10A, Class CR2</title>
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        <name>Cyprium Corp.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Jupiter Borrower, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Brightstar Lottery plc</name>
        <lei>549300UQ6KHRCZDRGZ76</lei>
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        <invCountry>GB</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>Silgan Holdings, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Northwoods Capital Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>Everforth, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Verus Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>BlueMountain CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>American Builders &amp; Contractors Supply Co., Inc.</name>
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        <name>Southern Co. (The)</name>
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        <name>EFMT</name>
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        <name>Voya CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Atlassian Corp.</name>
        <lei>549300V7ZY5P02D2MY38</lei>
        <title>Atlassian Corp.</title>
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        <fairValLevel>2</fairValLevel>
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        <name>Stryker Corp.</name>
        <lei>5493002F0SC4JTBU5137</lei>
        <title>Stryker Corp.</title>
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        <name>Ryan Specialty LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <fairValLevel>2</fairValLevel>
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        <name>eBay, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>720 East CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Octagon Ltd.</name>
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        <name>Post CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Zscaler, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Caterpillar Financial Services Corp.</name>
        <lei>EDBQKYOPJUCJKLOJDE72</lei>
        <title>Caterpillar Financial Services Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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        <name>Mastercard, Inc.</name>
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        <name>John Deere Owner Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Sculptor CLO Ltd.</name>
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        <name>HCA, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ally Auto Receivables Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>EFS Cogen Holdings I LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Ellington Financial Mortgage Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Lackawanna Energy Center LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>VMware LLC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Broad River BSL Funding CLO Ltd.</name>
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        <name>Trinitas CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Avoca CLO DAC</name>
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        <fairValLevel>2</fairValLevel>
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        <name>GM Financial Automobile Leasing Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cheniere Energy, Inc.</name>
        <lei>MIHC87W9WTYSYZWV1J40</lei>
        <title>Cheniere Energy, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-10-15</maturityDt>
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      <invstOrSec>
        <name>Stonepeak Nile Parent LLC</name>
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        <name>7-Eleven, Inc.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>SFS Auto Receivables Securitization Trust</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Cedar Funding CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Highbridge Loan Management Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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        <name>Voya CLO Ltd.</name>
        <lei>54930054YW6PM1FPVU95</lei>
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        <cusip>92916MAD3</cusip>
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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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        <name>Elmwood CLO Ltd.</name>
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        <name>New Mountain CLO Ltd.</name>
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        <name>Axalta Coating Systems LLC</name>
        <lei>549300G80QONCHILSF69</lei>
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        <name>Empower CLO Ltd.</name>
        <lei>213800DM8ZNUIQ1JCN40</lei>
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        <name>Blackstone Mortgage Trust, Inc.</name>
        <lei>549300OLDJ20R2Y2UW20</lei>
        <title>Blackstone Mortgage Trust, Inc.</title>
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        <name>MasTec, Inc.</name>
        <lei>549300TMDIT8WREDOF45</lei>
        <title>MasTec, Inc.</title>
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        <name>Icon Investments Six DAC</name>
        <lei>635400FQ1M7J2CHLAS59</lei>
        <title>Icon Investments Six DAC</title>
        <cusip>45115AAA2</cusip>
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        <invCountry>IE</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Neuberger Berman Loan Advisers CLO Ltd.</name>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Flagstar Mortgage Trust</name>
        <lei>N/A</lei>
        <title>Flagstar Mortgage Trust, Series 2021-2, Class A6</title>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Ashtead Capital, Inc.</name>
        <lei>213800J1134IW58IC398</lei>
        <title>Ashtead Capital, Inc.</title>
        <cusip>045054AF0</cusip>
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          <isin value="US045054AF03"/>
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        <balance>2000000.00000000</balance>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Core &amp; Main LP</name>
        <lei>549300ZSLF8Q660SCD17</lei>
        <title>Core &amp; Main LP, First Lien, Term Loan, D</title>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-07-27</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.65621000</annualizedRt>
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      <invstOrSec>
        <name>Nexstar Media, Inc.</name>
        <lei>N/A</lei>
        <title>Nexstar Media, Inc., First Lien, Term Loan, B7</title>
        <cusip>65336RBF4</cusip>
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          <isin value="US65336RBF47"/>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>Carlyle US CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Carlyle US CLO Ltd., Series 2018-4A, Class D2R</title>
        <cusip>14315RAY7</cusip>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2037-10-17</maturityDt>
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          <annualizedRt>8.38037880</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>EFMT</name>
        <lei>N/A</lei>
        <title>EFMT, Series 2026-NQM6, Class A1</title>
        <cusip>26847EAF8</cusip>
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          <isin value="US26847EAF88"/>
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        <curCd>USD</curCd>
        <valUSD>1200242.14000000</valUSD>
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        <assetCat>ABS-MBS</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2071-06-25</maturityDt>
          <couponKind>Variable</couponKind>
          <annualizedRt>5.46599880</annualizedRt>
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      <invstOrSec>
        <name>Spirit AeroSystems, Inc.</name>
        <lei>ZD2NBKV6GCC3UMGBM518</lei>
        <title>Spirit AeroSystems, Inc.</title>
        <cusip>85205TAK6</cusip>
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        <balance>1150000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-06-15</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>4.60000000</annualizedRt>
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      <invstOrSec>
        <name>Carlyle US CLO Ltd.</name>
        <lei>2549008K66BXTSQHBB60</lei>
        <title>Carlyle US CLO Ltd., Series 2026-2A, Class E</title>
        <cusip>142931AA2</cusip>
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          <isin value="US142931AA28"/>
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        <curCd>USD</curCd>
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        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2039-04-20</maturityDt>
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          <annualizedRt>9.70327080</annualizedRt>
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      <invstOrSec>
        <name>Sazerac Co., Inc.</name>
        <lei>N/A</lei>
        <title>Sazerac Co., Inc., First Lien, Term Loan, B2</title>
        <cusip>80583EAP1</cusip>
        <identifiers>
          <isin value="US80583EAP16"/>
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        <curCd>USD</curCd>
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        <assetCat>LON</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Variable</couponKind>
          <annualizedRt>5.63000000</annualizedRt>
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      <invstOrSec>
        <name>US Bank C&amp;I Credit-Linked Notes</name>
        <lei>N/A</lei>
        <title>US Bank C&amp;I Credit-Linked Notes, Series 2025-SUP2, Class C</title>
        <cusip>90355PAD8</cusip>
        <identifiers>
          <isin value="US90355PAD87"/>
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        <curCd>USD</curCd>
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        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>PMT Loan Trust</name>
        <lei>N/A</lei>
        <title>PMT Loan Trust, Series 2026-INV4, Class A38</title>
        <cusip>69383UBP9</cusip>
        <identifiers>
          <isin value="US69383UBP93"/>
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        <curCd>USD</curCd>
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        <fairValLevel>2</fairValLevel>
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          <couponKind>Floating</couponKind>
          <annualizedRt>5.22776160</annualizedRt>
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        <name>United States of America</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Notes</title>
        <cusip>91282CGH8</cusip>
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          <isin value="US91282CGH88"/>
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        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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          <maturityDt>2028-01-31</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.50000000</annualizedRt>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OBX Trust</name>
        <lei>N/A</lei>
        <title>OBX Trust, Series 2026-J1, Class AF</title>
        <cusip>67123TAU1</cusip>
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          <isin value="US67123TAU16"/>
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        <balance>3839918.71000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
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          <couponKind>Floating</couponKind>
          <annualizedRt>4.97775960</annualizedRt>
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      <invstOrSec>
        <name>Simon Property Group LP</name>
        <lei>MR92GTD0MJTTTTQDVG45</lei>
        <title>Simon Property Group LP</title>
        <cusip>828807CY1</cusip>
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          <isin value="US828807CY15"/>
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        <balance>3200000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3188518.02000000</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>2026-11-30</maturityDt>
          <couponKind>Fixed</couponKind>
          <annualizedRt>3.25000000</annualizedRt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Elmwood CLO Ltd.</name>
        <lei>N/A</lei>
        <title>Elmwood CLO Ltd., Series 2021-1A, Class DRR</title>
        <cusip>29003EBG9</cusip>
        <identifiers>
          <isin value="US29003EBG98"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1005795.70000000</valUSD>
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        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2037-04-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>6.89041080</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Shackleton CLO Ltd.</name>
        <lei>549300HOHPZON6E4VH77</lei>
        <title>Shackleton CLO Ltd., Series 2019-14A, Class ERR</title>
        <cusip>81880YAJ9</cusip>
        <identifiers>
          <isin value="US81880YAJ91"/>
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        <balance>1000000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>948205.72000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>ABS-CBDO</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        <isRestrictedSec>Y</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2034-07-20</maturityDt>
          <couponKind>Floating</couponKind>
          <annualizedRt>9.57522960</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Palmer Square Funds Trust</ncom:nameOfApplicant>
      <ncom:signature>/s/ Jeffrey D. Fox</ncom:signature>
      <ncom:signerName>Jeffrey D. Fox</ncom:signerName>
      <ncom:title>Principal Executive Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
